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FEATURE STORY: Racing To Be Ready – U.S. Ports Prepare for Post Panamax Era

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Major maritime shipping hubs including Los Angeles/Long Beach, Seattle/Tacoma and Oakland are ready to service the huge post-Panamax containers. The P3 project is a 50-year agreement between the Maryland Port Administration (MPA) and Ports America Chesapeake to lease and operate the 200-acre Seagirt Marine Terminal.

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STATE INCENTIVES GUIDE

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The principal and interest on the bonds are paid solely from the funds derived from leasing or selling the facilities to the user company. The program offers the following incentives: Transaction Privilege Tax Exemption (TPT Exemption) on purchased qualifying equipment and leased or rented qualifying equipment. TAX EXEMPTIONS.

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