The US Maryland Port Authority (MPA) has signed an agreement to lease an additional five acres at its Dundalk Marine Terminal to Ceres Corporation Inc. This will give Ceres, one of the largest stevedoring and marine terminal operators in North America, a total of ten leased acres at Dundalk, where it plans to expand its Ro-Ro and breakbulk cargo operations at the Port of Baltimore.
With the signing of the lease, Höegh Autoliners has moved its European Service vessels to Dundalk Marine Terminal where Ceres will handle its Ro-Ro cargo. Ceres will also handle Ro-Ro and breakbulk cargo for vessels operating in "K" Lines' South America/Middle East and NYK's South America/Europe/Middle East services.
“This agreement will further strengthen our top US market share for ro-ro cargo,” said MPA Executive Director James White. “Ceres handles many of the world’s top ro-ro shipping lines, and we welcome their increased presence at our Port.”
(Source:www.container-mag.com)