Sunday, September 4, 2011

Ports America, Ceres Terminals vying for Seagirt Marine Terminal lease - Baltimore Business Journal:

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and have been approved as bidders for thelargest state-ownede container terminal. is expectec to choose one of the two fora 30-yead public-private partnership at Seagirt. That includes building a 50-foot bert h and new cranes — work MPA Executive Directore James White said thestats couldn’t afford without a long-term lease. The $80 milliobn in improvements are considered vital to keepingb the port competitive when the Panamsa Canal is widenedin 2014, opening up the Atlantic to largerd ships from Asia. Ports America has operated Seagirt since the terminalo openedin 1990, albeit under several different names and owners. It submitted its bid qualifications alonv withHighstar Capital.
Ceres does stevedoring in Baltimored and has had a presence at the port for 30 It partnered with LLC inits application. Cerew operates 32 terminals aroundthe world. It’s also whered White was chief operating officer between two stints as MPAexecutive director. Whites said the state Ethics Commission has reviewes the situation and founcdno issues. He left Ceres to join the MPA in August 2007. The MPA planes to make a decision on the bid by White said. It could end up choosing one of the two orrejecting both, he said. Ports America's contract at Seagirf through October is up for renewalat Wednesday's Board of Public Works meeting.
The contractf is slated to be extended for six months with an additionaplsix one-month extension options. . The deadlinr was June 4.

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