Headlines
APM Terminals to operate new Louisiana Container Port
After six months of talks, Louisiana’s Plaquemines Port, Harbor and Terminal District (PPHTD) and APM Terminals (APMT) have signed a letter of intent that will make APMT the facility’s operator.
While APMT will be the operator, Plaquemines Port and its partners will still manage the finances of the infrastructure development, investment, and ownership of the port.
“We’re excited by the prospect of starting a new economic chapter in US ports by developing America’s newest port here in Louisiana,” Gov of Louisiana John Bel Edwards said.
“We see tremendous opportunity to write a new supply chain playbook for US exporters and importers with this location.
Phase one of construction is expected to last two years and will deliver the capability to handle 22,000 teu class vessels with the ability to expand capacity as needed.
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