Independent journal on economy and transport policy
06:42 GMT+1
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PORTS
TIL (MSC Group) will expand its network of North American container terminals by building one in Baltimore
It will be built on the Coke Point Peninsula
Baltimora
October 26, 2022
Terminal Investment Limited (TIL), the company
terminal operator of the Mediterranean Shipping Company shipping group
(MSC), will expand its network of port terminals in the North
America building a new container terminal in the port of
Baltimore. TIL in fact, in the presence of the governor of Maryland,
Larry Hogan, has entered into an agreement with the logistics center and
Tradepoint Atlantic to build together a
container terminal on an area of about 67 hectares connected to the
railway network located on the Coke Point Peninsula, as part of the
of a plan to redevelop the area of the former Sparrows steel mill
Point.
The total expected cost of the investment, including
the other, the interventions for the recovery of the environment, is about
a billion dollars.
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