New York Ports
NVOCC and Freight Forwarder Review
View Issue #589 Now!
Choctaw Point signing ceremony
On November 29, 2005, the Alabama State Port Authority has awarded a concession agreement to Mobile Container Terminal LLC to develop a new container terminal at Choctaw Point. At a signing ceremony on January 17, 2006, the official concession agreement was signed between the parties at a ceremony in Charlotte, NC.Mobile Container Terminal LLC is a joint venture between APM Terminals North America (80 %), a subsidiary of Maersk Inc., and Terminal Link, a division of CMA CGM (20 %). Operations are expected to begin in the second half of 2007 with a start up capacity of more than 350,000 teus with a full built out annual capacity of 800,000 teus.
The signing ceremony was attended by representatives from the Alabama State Port Authority, APM Terminal North America and CMA CGM.
American Journal of Transportation
116 Court Street, Suite 5
Plymouth, MA 02360
© Copyright 1999–2014 American Journal of Transportation.All Rights Reserved.