New box terminal proposed for Louisiana's Plaquemines Port
PLAQUEMINES Port Harbour has announced an initial agreement for a new container terminal in Plaquemines Parish in Louisiana, United States
PLAQUEMINES Port Harbour has announced an initial agreement for a new container terminal in Plaquemines Parish in Louisiana, United States.
A Letter of Intent (LoI) leading to the development of a multi-modal, state-of-the-art container terminal in the region was recently signed by Plaquemines Port Harbour and Terminal District (PPHTD) and several potential partners.
The signing of the LoI kicks off a six-month 'Due Diligence' period during which the parties will conduct multiple studies prior to making a final investment decision.
The proposed, environmentally friendly container terminal will be powered by a combination of LNG and electricity, according to an announcement. It will also encompass up to 4 million square metres and 2,500 metres of Mississippi River frontage approximately 80km from the Gulf of Mexico.
Phase one of construction is expected to take as little as two years and will deliver the capability to handle 22,000 TEU class vessels with the ability to expand capacity if needed.
Once the terminal is operational, US Midwest shippers will be able to containerise and export many agricultural products, refrigerated cargo and chemical resins thanks to American Patriot Holdings (APH), one of the companies that signed the LoI.
Plaquemines Port executive director, Sandy Sanders, commented: 'This will be the gateway port on the Gulf Coast capable of taking full advantage of the distribution network on the Mississippi and tributary rivers while reducing road congestion in the region and accommodating LNG-powered vessels to enhance environmental sustainability.'
Developing and operating a modern gateway container terminal on the Gulf Coast will reduce exposure to congestion and improve reliability, said Plaquemines Port in its announcement, adding that the proposed LNG terminal will be adjacent to the terminal facility and opens the door for large LNG-powered containerships, reports UK's Container News.