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 August 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Lake Charles Tugboat Engine Room Fire Extinguished

The Coast Guard informs that along with the Black Bayou Fire Department it has responded to a tugboat on fire near Lake Charles, Louisiana. At approximately 1:15 p.

Liberian Registry Appoints Catsiba Manager in Dubai

Fay Catsiba has joined the Liberian International Ship & Corporate Registry (LISCR) as Business Development Manager based in Dubai, U.A.E. Greece-born Fay, who

Cook Joins Horizon Shipbuilding as Operations VP

Horizon Shipbuilding, Inc. announced that Mickey Cook has joined the corporation as the Vice President of Operations for the Bayou La Batre shipyard. Cook, one of the founders of C & G Boatworks,

Contracts

Mexican Navy Contracts Damen for Two Vessels

Secretaria de Marina orders seventh patrol vessel and a fast crew supplier In August 2014 the Mexican Navy (Secretaría de Marina) and the Netherlands’ Damen

Maersk Sells Ven Drilling Barges

Danish shipping conglomerate A.P. Moller-Maersk said on Tuesday its offshore oil and gas drilling unit has sold its Venezuelan barge activities. Maersk Drilling

BAE Systems Awarded 'USS Hopper' Repair Contract

US Department of Defense informs BAE Systems Hawaii, Honolulu, Hawaii, is being awarded a not-to-exceed $22,905,907 undefinitized contract action to a previously

Ports

Gladding-Hearn Delivers Third NYPD Boat

With more than a dozen patrol boats and a fireboat built by Gladding-Hearn Shipbuilding, Duclos Corporation, operating in New York Harbor, the Somerset, Mass.,

China, Sri Lanka to Launch FTA Talks

Chinese President Xi Jinping began a visit to Sri Lanka on Tuesday agreeing to open bilateral negotiations for a free trade pact as Beijing tightened its embrace

Trelleborg Report Optimistic for Port Investment

The latest 'Barometer Report' from Trelleborg's marine operations business sector, discusses the issues impacting ports and terminals around the globe, and reveals

Finance

Mercury Marine Launches Repower Financing

Mercury Marine launched a new repower finance program that aims to make it easier for consumers to get the engine performance they want with flexible financing for a broad range of buyers.

Maritime Academy Awarded DHS Grant for Arctic Training

Maine Maritime Academy receives $450,000 grant From U.S. Department of Homeland Security for ice navigation and maritime first responder courses for the Arctic Maine

Knightsbridge Closes Vessel Acquisition Transaction

Bermuda-based Knightsbridge Tankers Limited announced that it has closed the first stage of its vessel acquisition transaction. Knightsbridge has issued 31 million

 
 
Maritime Careers / Shipboard Positions Naval Architecture Navigation Offshore Oil Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators Winch
rss | archive | history | articles | privacy | terms and conditions | 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: 0.2330 sec (4 req/sec)