Deadline for Va. Port Operation Proposals Extended - WBOC-TV 16, Delmarvas News Leader, FOX 21 -

Deadline for Va. Port Operation Proposals Extended

Posted:

RICHMOND, Va. (AP) - Virginia is extending its deadline for companies to submit proposals to take over the operation of some of the state's port terminals.

The original deadline was on Thursday. State officials say the new deadline is August 13.

The state Department of Transportation issued a request for alternative proposals following an unsolicited one by APM Terminals Inc., a division of global shipping company Maersk.

The APM Terminals proposal calls for a 48-year agreement to operate state ports in the Hampton Roads region as well as the Virginia Inland Port in Warren County. The proposal is valued between $3.2 billion and $3.9 billion.

 

Powered by WorldNow

All content © Copyright 2000 - 2014 Worldnow and WBOC. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service