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Gold at Night
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Gold at Night

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Rita Rich

New Container Ship Facility at Sparrow's Point Announced-Keep Your Eye on Huge Ships in the Bay

Tradepoint Atlantic announced a joint investment and partnership Tuesday with developer Terminal Investment Limited to create the 165-acre terminal with an on-dock rail facility at Coke Point. The Baltimore Sun says Terminal Investment Limited is a Switzerland-based company owned by the shipping giant Mediterranean Shipping Co., one of the world’s largest operators of container ships. MSC, as it’s known, is one of the port of Baltimore’s largest shipping customers.

State, city and Baltimore County officials signed a memorandum of understanding that localities will work cooperatively to get this phase of development at the 3,300-acre industrial center that has attracted companies such as Amazon, Under Armour, FedEx and BMW. The project is expected to create hundreds of jobs throughout the permitting and construction process.

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