Plaquemines Port, Harbor and Terminal District and APM Terminals have announced a Letter of Intent whereby APM Terminals will become the operator of the newly planned Container Terminal and Intermodal Rail Facility and external parties will be the investor in the new port. Plaquemines Port and their financial partners will manage the financial activities associated with the infrastructure development, investment, and ownership of the port.The facility is in the early stages of development as a 50’ deep water depth, state-of-the-art container terminal in Plaquemines Parish, Louisiana. Located on the Mississippi River just 50 nautical miles from the Gulf of Mexico, the gateway port will cater to exporters and importers who could tap into the multimodal routing options of rail, truck, inland marine and air. The terminal will be environmentally-friendly, powered by a combination of natural gas and electricity, encompassing up to 1,000 acres and 8,200 feet of Mississippi River frontage.Special focus will be on utilizing modern infrastructure technology and engineering to withstand storm surges and wind damage in the design of the port. The port and connecting infrastructure will be built 16 feet above sea level. 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.Plaquemines Port Harbor & Terminal District, a political subdivision of the State of Louisiana, is the 13th largest tonnage port in the U.S. and encompasses the first 80 miles of the Mississippi River from the Gulf
Plaquemines Port, Harbor and Terminal District and APM Terminals have announced a Letter of Intent whereby APM Terminals will become the operator of the newly planned Container Terminal and Intermodal Rail Facility and external parties will be the investor in the new port. Plaquemines Port and their financial partners will manage the financial activities associated with the infrastructure development, investment, and ownership of the port.The facility is in the early stages of development as a 50’ deep water depth, state-of-the-art container terminal in Plaquemines Parish, Louisiana. Located on the Mississippi River just 50 nautical miles from the Gulf of Mexico, the gateway port will cater to exporters and importers who could tap into the multimodal routing options of rail, truck, inland marine and air. The terminal will be environmentally-friendly, powered by a combination of natural gas and electricity, encompassing up to 1,000 acres and 8,200 feet of Mississippi River frontage.Special focus will be on utilizing modern infrastructure technology and engineering to withstand storm surges and wind damage in the design of the port. The port and connecting infrastructure will be built 16 feet above sea level. 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.Plaquemines Port Harbor & Terminal District, a political subdivision of the State of Louisiana, is the 13th largest tonnage port in the U.S. and encompasses the first 80 miles of the Mississippi River from the Gulf