APM Terminals, Plaquemines Port plan new container facility

(BELLE CHASSE, La.) — The Plaquemines Port Harbor and Terminal District has announced the execution of a letter of intent with APM Terminals (APMT) to build a state-of-the-art container terminal on the west bank of Plaquemines Parish.

APMT is one of the largest terminal operators in the world and is a subsidiary of A.P. Moller-Maersk, a global leader in logistics services. APMT currently operates four container terminals in the U.S. The new terminal would be about 50 miles upstream from the mouth of the Mississippi River.

“APM Terminals is a world leader in container terminal operations. This major commitment shows the market’s tremendous confidence in Louisiana as the home of vibrant, growing port activity,” said Louisiana Gov. Jeff Landry. “(This) announcement is a direct investment into the businesses and industries that have built Louisiana, and I look forward to the major impact our ports will continue to have on job growth and the economy here in our state.”

Plaquemines Port Harbor and Terminal District photo

The new terminal holds significant potential to enable new business west of the Mississippi River, allowing for new markets of import and export cargoes while continuing to grow the various existing Louisiana markets. It will be the port closest to the mouth of the river (three hours longer round trip to nearest proposed terminal) with the widest ship turning radius.

Plaquemines Port will lease the land to APM under a 30-year agreement with extension options. APMT estimates the initial investment in terminal infrastructure will be approximately $500 million, which will be privately funded.

The initial phase will encompass 200 acres, on-dock rail, and a berth capable of handling the largest ships now traversing the expanded Panama Canal (14,000 TEU).

There will be options to expand the site up to 900 acres for terminal expansion and complementary logistics activities.

“In time, this greenfield site has all the potential to evolve into one of the big ship gateways into the U.S.,” said Wim Lagaay, APM’s senior investment adviser to the CEO. “This venture allows us to build from the ground up, integrating cutting-edge technologies and sustainable practices to create a modern logistics hub that prioritizes safety, efficiency, and productivity. Our collaboration with the Plaquemines Port and local stakeholders is key to developing a facility that sets new industry standards and serves as a boon to the economic vitality of the region.”

“This will truly make Plaquemines ‘The Louisiana Gateway Port,’” said Charles Tillotson, executive director of Plaquemines Port, emphasized the project’s significance. “The geographic and strategic advantages are overwhelming.”

The project is fully supported by the host parish and community. As Plaquemines Parish President Keith Hinkley stated: “We are completely united and excited about this transformative project. It will once again make Louisiana the Gulf’s leading entryway to America.”

– Plaquemines Port Harbor and Terminal District

 

By Professional Mariner Staff