Ports America Chesapeake, a newly chartered affiliate of Ports America Group will take over container operations at Seagirt Marine Terminal invest hundreds of millions of dollars to upgrade the port of Baltimore — a project likely to bring thousands of jobs to the city – according to Gov. Martin O’ Malley.
With the state’s Transportation Trust Fund depleted, the Maryland Port Administration has been working for more than a year to find a private partner to build a 50-foot-deep berth and purchase four cranes so Seagirt could handle the oversize cargo ships that are expected to use the canal to sail from Asia to the East Coast after 2014.
