By Noah Bovenizer
Ship Technology
Maersk’s port operating company APM Terminals will build a $500m terminal in Louisiana, US after moving forward on a letter of intent with the Plaquemines Port Harbor and Terminal District.
The new container terminal on the West Bank of Plaquemines Parish will be built on land leased to APM under a 30-year agreement with initial investment including an on-dock rail, and a berth capable of handling 14,000 TEU ships, the largest able to travel through the Panama Canal.