Plaquemines Port Harbor and Terminal District (PPHTD) recently inked an agreement in order to construct an environmentally friendly container terminal in Plaquemines Parish, Louisiana.
In fact, Plaquemines Port Harbour announced that signed a letter of intent (LoI) with “several potential partners” to build the terminal.
The signing of the LOI kicks off a 6-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.
…as Plaquemines Port Harbour said in its statement.
Whats is more, the initiative will encompass up to 1,000 acres and 8,200 feet of Mississippi River frontage just 50 miles from the Gulf of Mexico.
Phase one of construction is expected to take as little as 2 years and will deliver the capability to handle 22,000-TEU class vessels with the ability to expand capacity if needed.
Once the container terminal is completed, U.S. Midwest shippers will be able to containerize and export many agricultural products, refrigerated cargo and chemical resins thanks to American Patriot Holdings (APH), one of the companies who signed the LOI.
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.
…Plaquemines Port Executive Director Sandy Sanders, added.
Developing and operating a modern gateway container terminal on the Gulf Coast will reduce exposure to congestion and improve reliability. While a new LNG terminal proposed adjacent to the facility opens the door for large LNG-powered containerships in the U.S.