Page 29 - Port of Baltimore - September/October 2018

SEVERAL OTHER SIGNIFICANT RECORDS WERE ALSO BROKEN, INCLUDING:
Best Fiscal Year for
General Cargo Tons: 10.98 million (old record FY17 – 10.35 million)
Best Quarter for
General Cargo Tons:
2.80 million
(old record Q1 FY18 – 2.77 million)
Best First 6 Months for
General Cargo Tons: 5.56 million (old record FY17 – 5.32 million)
To help with this added growth, Governor Larry Hogan and the Maryland Board of Public Works approved a contract to turn a wet basin built for ship construction during World War II into seven more acres of storage for automobiles, roll-on/roll-off and other cargo. The project will also entail raising the elevation, adding a new storm drainage system, surfacing,
lighting and fencing and building a security booth.
The Port’s track record for luring new business translates into more employment for the state. Business at the Port generates about 13,650 direct jobs, while about 127,600 jobs in Maryland are linked to Port activities.
Overall, the Port accounts for nearly $3 billion in personal wages and salaries. In addition, the Port generates more than $300 million in state and local tax revenues.
More supersized container ships are arriving each year at the Port through the enhanced Panama Canal, which has been a boon to business. MDOT MPA has met the logistic challenges of the increased cargo
by acquiring additional property,
such as a 70-acre parcel at the Point Breeze Business Center, directly behind the Seagirt Marine Terminal on Broening Highway.
“The Port of Baltimore is geo- graphically located within a region that includes many distribution centers and warehousing facilities. Companies that have chosen to construct these facili- ties in close proximity to the Port of Baltimore know the many advantages of this region, including being located in one of the largest U.S. consumer markets and being very close to both Interstate 95 and Interstate 70, a direct link to the Midwest,” said James
J. White, Executive Director of the MDOT MPA. 􏰀
For a list of warehousing and distribution providers, visit POBdirectory.com

Securing the Port...
Line handling and Security
Office: 410-808-1050
Fax: 410-569-5342
Email: batamarine@comcast.net website: www.batamarineinc.com
24 HOUR OPERATION BONDED AND INSURED
To subscribe or renew, visit www.marylandports.com [27]