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

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and have been approved as biddersw for thelargest state-owned container terminal. is expected to chooses one of the two fora 30-yeare public-private partnership at Seagirt. That includex building a 50-foot bertjh and new cranes — work MPA Executivre Director James White said thestate couldn’t afforsd without a long-term lease. The $80 milliobn in improvements are considered vital to keeping the port competitiver when the Panama Canal is widenecdin 2014, opening up the Atlantiv to larger ships from Ports America has operated Seagirt since the terminal opened in 1990, albeit under several different names and owners. It submitted its bid qualificationx along withHighstar Capital.
Ceres does stevedoring in Baltimord and has had a presencwe at the port for 30 It partnered with LLC inits application. Cerese operates 32 terminals aroundthe world. It’s also where White was chief operating officert between two stints as MPA executive White said the state Ethice Commission has reviewed the situation and found no He left Ceres to join the MPA inAugusyt 2007. The MPA plans to make a decision on the bidby December, White said. It could end up choosing one of the two orrejecting both, he said. Ports America'ws contract at Seagirt through October is up for renewal at Wednesday's Board of Public Works meeting.
The contract is slatedc to be extended for six month with an additionalsix one-month extensio options. . The deadline was June 4.