The Maryland Port Administration’s public-private partnership for its burgeoning container terminal is proving to be a paradigm for port P3s, while advancement of another joint endeavor to further help the facility compete for freight heading to the Midwest has hit a snag.
“We’re a firm believer in public-private partnerships,” James J. White, the MPA’s executive director, told AJOT in an Oct. 24 phone interview.
“I think it may be the best public-private partnership in the nation,” White said of the $1.3 billion, 50-year agreement inked in late 2009 with Ports America Chesapeake LLC for operation of the Seagirt Marine Terminal.
“It works for all of us,” White continued. “We really enjoy working together. We market together and leverage our relationships with the ship owners.”...
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