“Since welcoming our first big container ship through the newly expanded Panama Canal last year, the Port of Baltimore has seen a significant jump in its container business,” said Governor Larry Hogan. “With the purchase of additional land, the Port will have more ability to handle the increased economic activity while generating new job opportunities for Maryland citizens.” The MDOT MPA plans to utilize the additional land as a container storage location but can also use it for autos and roll on/roll off storage. About 1,650 direct jobs are expected to be generated due to this purchase. In 2016, the Port handled a record 538,567 containers. Since July 2016, when the Port welcomed its first large container ship through the Panama Canal, containers are up seven percent.
The Seagirt Marine Terminal, the Port of Baltimore’s primary container facility operated under a public-private partnership with Ports America Chesapeake, includes 11 cranes, four of which are Neo-Panamax, the largest cranes in the world. The Port of Baltimore is one of only four U.S. East Coast ports currently capable of handling some of the largest ships in the world. The Port of Baltimore was recently named the most productive port in the U.S. for the third consecutive time by an independent analysis conducted by the Journal of Commerce. The Port averaged a U.S.-leading 71 container moves per hour per berth – a faster rate than all other major American ports.
Combining both the public and private marine terminals, the Port of Baltimore saw 31.8 million tons of international cargo cross its docks last year which was valued at approximately $49.9 billion. Baltimore is ranked as the top port among all U.S. ports for handling autos and light trucks, farm and construction machinery, imported gypsum, imported sugar, and imported aluminum. Overall Baltimore is ranked ninth for the total dollar value of cargo and 14th for cargo tonnage for all U.S. ports
Business at the Port of Baltimore generates about 13,650 direct jobs, while about 127,600 jobs in Maryland are linked to Port activities. The Port is responsible for nearly $3 billion in personal wages and salary and more than $300 million in state and local tax revenues. #
