Intermodal Private Port Terminal on JLL's Books

MarineLink.com
Monday, August 26, 2013
Shipyard Creek area: Image courtesy of JLL

Jones Lang LaSalle is to market Macalloy Port Terminal in Charleston, SC for private investors and operators.

The privately-owned, 115-acre Macalloy Intermodal Terminal in North Charleston is being developed to complement South Carolina’s port system, including the adjacent future Navy Base terminal currently being developed and operated by the SCSPA.  Macalloy Terminal offers bulk material maritime solutions and is designed for mixed-use purposes, including break-bulk, RO/RO, manufacturing, general cargo and raw material handling.

“The Macalloy terminal represents an extraordinary opportunity for leading maritime interests to become vested in the next generation of U.S. port infrastructure,” said Rich Thompson, Managing Director and Head of JLL’s Port, Airport and Global Infrastructure (PAGI) group. “As well as supporting the state’s existing terminal system, it will provide additional rail/intermodal solutions that benefit shipping interests in the Charleston Harbor.”

Macalloy is located in the industrial hub of North Charleston, S.C. on Shipyard Creek, an optimal maritime location less than two miles from the sea buoy. The site boasts direct access to both rail and roadway arteries and has direct access to international shipping lanes.

“Macalloy as well as other terminals will help restore Charleston’s historic position as a dominant maritime destination by taking advantage of its natural deep water, open ocean access, dual rail connection and reputation for service excellence,” said JLL’s Steve Grable, who is leading the marketing efforts on behalf of the terminal’s owner, Shipyard Creek Associates LLC.

“The tidal lift in Charleston is between five and six feet, which ensures the larger post-panamax vessels can already access the Port of Charleston, making it a key resource for both domestic and international industrial ships,” Grable continued. “This alone will help preserve Charleston’s competitive position in the wake of the Panama Canal expansion.”

JLL is serving as development and investment advisor to the owners of Shipyard Creek Ocean Terminals, which includes Macalloy. JLL is working with world leaders in infrastructure investment, terminal operations and marine development to evaluate opportunities regarding operating or investing in the Macalloy terminal. The development is scheduled to be completed in 2014.
 

Maritime Reporter May 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Baltic Mercur II makes maiden voyage to Antwerp

This week Atlantic Ro-Ro Carriers (ARRC) celebrates the maiden voyage of the Baltic Mercur II via the port of Antwerp as part of their regular transatlantic service to the US Gulf.

USCG Provides Safety Tips to Paddlesports Enthusiasts

As the boating season unofficially begins, the 9th Coast Guard District is reminding paddlesport enthusiasts to take precautions to ensure safe trips and increase

USS George Washington Completes Carrier Qualifications

Carrier Air Wing (CVW) 5 and the Nimitz-class aircraft carrier USS George Washington (CVN 73) completed its carrier qualifications (CQ), May 23. CQ allows

Contracts

Huawei Bags MCT Submarine Cable Contract

Huawei Marine has signed a system design and construction agreement with a consortium comprising Telekom Malaysia Berhad, Symphony Communication and Telcotech

Solarworld Wants Duties on Chinese Solar Goods in U.S. Extended

German solar manufacturer SolarWorld will apply to the United States for an extension of duties on Chinese panel imports that are due to end this year, weekly Euro am Sonntag said.

Viking Orders 2 Liebherr Cranes

An LR 1300 with super lift equipment and an LR 1160 crawler crane will strengthen the fleet of Viking Cranes. The Tallinn-based company with branch offices

Ports

Dortmund Port's Throughput Up

In 2014, Dortmund’s combined goods throughput on ships and trains amounted to 5.7 million tonnes, compared to 5.3 in the previous year. 2.9 million tonnes (+600,000) of this was ship related.

Baltic Mercur II makes maiden voyage to Antwerp

This week Atlantic Ro-Ro Carriers (ARRC) celebrates the maiden voyage of the Baltic Mercur II via the port of Antwerp as part of their regular transatlantic service to the US Gulf.

Vinalines Plans Ports Divestment

The Vietnam National Shipping Lines (Vinalines) and the Ministry of Transport (MOT) hope the plan to reduce the state’s ownership ratio in the big shipping firm

Finance

Vinalines Plans Ports Divestment

The Vietnam National Shipping Lines (Vinalines) and the Ministry of Transport (MOT) hope the plan to reduce the state’s ownership ratio in the big shipping firm

Dubai Establishes Maritime Arbitration Centre

The Dubai Maritime City Authority (DMCA) is in the final stages of completing the rules for the first maritime arbitration centre in the Middles East: the Emirates

Gener8 Maritime to Go Public

Private equity-backed tanker operator Gener8 Maritime filed with the U.S. Securities and Exchange Commission (SEC) to proceed with an initial public offering worth up to $100m.

 
 
Maritime Security Naval Architecture Offshore Oil Pipelines Pod Propulsion Salvage Ship Repair Ship Simulators Shipbuilding / Vessel Construction Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.2167 sec (5 req/sec)