By Naida Hakirevic Plaquemines Port Harbor and Terminal District (PPHTD) recently signed a letter of intent (LOI) with “several potential partners” to develop a multimodal container terminal in Plaquemines Parish, Louisiana.
As informed, the signing of the LOI kicks off a 6-month “Due Diligence” period during which the parties will conduct multiple studies prior to making a final investment decision.
The proposed, environmentally friendly container terminal will be powered by a combination of LNG and electricity. It will encompass up to 1,000 acres and 8,200 feet of Mississippi River frontage just 50 miles from the Gulf of Mexico.
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