Ports America, Ceres Terminals vying for Seagirt Marine Terminal lease - Baltimore Business Journal:

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and have been approved as bidders for thelargestr state-owned container terminal. is expected to choose one of the two fora 30-yea r public-private partnership at Seagirt. That includesw building a 50-foot berth and new cranes work MPA Executive Director Jamea White said thestate couldn’t afforde without a long-term lease. The $80 million in improvementzs are considered vital to keeping the port competitive when the Panama Canal is widenedin 2014, opening up the Atlantixc to larger ships from Asia. Ports Americwa has operated Seagirt since the terminal opened in albeit under several different namesand owners. It submitter its bid qualifications along withHighstar Capital.
Ceress does stevedoring in Baltimore and has had a presence at the port for 30 It partnered with LLC inits application. Ceres operates 32 terminals aroundthe world. It’as also where White was chief operatinb officer between two stinta as MPAexecutive director. White said the state Ethicds Commission has reviewed the situation and founxno issues. He left Ceres to join the MPA inAugust 2007. The MPA plans to make a decision on the bid by White said. It could end up choosinv one of the two orrejecting both, he said. Portxs America's contract at Seagirft through October is up for renewalat Wednesday'es Board of Public Works meeting.
The contract is slated to be extende for six months with an additionalsix one-month extension . The deadline was June 4.