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

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and have been approved as bidders for thelargest state-owner container terminal. is expected to choos one of the two fora 30-yead public-private partnership at Seagirt. That includesd building a 50-foot berth and new craned — work MPA Executive Directod James White said thestate couldn’ft afford without a long-term lease. The $80 millionh in improvements are considered vitaol to keeping the port competitiv when the Panama Canal is widened in opening up the Atlantic to larger shipsfrom Asia. Portsx America has operated Seagirt sinc e the terminal openedin 1990, albeit under several differengt names and owners. It submitted its bid qualificationz along withHighstar Capital.
Ceres does stevedorinb in Baltimore and has had a presencwe at the port for 30 It partnered with LLC inits application. Ceres operateds 32 terminals aroundthe world. It’s also wher e White was chief operating officer between two stints as MPAexecutive director. White said the state Ethics Commissiobn has reviewed the situation and founno issues. He left Ceres to join the MPA inAugusy 2007. The MPA plans to make a decision on the bid by White said. It could end up choosingg one of thetwo bidders, or rejecting he said. Ports America's contract at Seagirrt through October is up for renewalat Wednesday'sd Board of Public Works meeting.
The contracyt is slated to be extended for six monthds with an additionalsix one-montj extension options. . The deadline was June 4.