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May/June 2011
The Port of Baltimore
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TERMINALS
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Seagirt Partnership Named
‘Logistics Deal of the Year’
P
roject Finance Magazine
awarded its “North American
Logistics Deal of the Year” for 2010 to the Maryland Port
Administration for its 50-year agreement with Ports America
Chesapeake.
The landmark agreement, signed in January 2010, let Ports
America lease the 200-acre Seagirt Marine Terminal in return for
building a 50-foot container berth for the Port of Baltimore. This
partnership is expected to produce 5,700 new jobs, and total
investment and revenue to the state could reach $1.8 billion over
the life of the agreement, while generating $16 million a year in
new taxes for Maryland.
This is the second time the agreement has received an award;
Infrastructure Investor Magazine
awarded it the “North American
Infrastructure Deal of the Year.”
NEWSMAKERS
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Freight Forwarding Company
Taps Lowy as New President
D
artrans, an international freight forwarder with
partnership agreements worldwide, appointed
Bridget Lowy as President and Chief Operating
Officer (COO). Lowy, who has been with Dartrans for
20 years, most recently served as the company’s Vice
President and General Manager.
“As our clients already know, there are very few
people in the international freight forwarding
business with the combination of experience,
expertise, perspective and dedication to quality
service possessed by Bridget Lowy,” said Dartrans
Founder David A. Rice, who will continue as
Chairman and Chief Executive Officer.
In her new role, Lowy will handle daily
management and oversight of all Dartrans personnel
and business operations. Rice will shift his focus to
client relations and strategic planning.
Build your future at
CHESAPEAKE
COMMERCE CENTER
Build-to-suit and lease
opportunities
Unparalleled access by land,
rail and sea
Tax incentives available
For more information, please contact
John Macsherry at 410-843-0705
Providing integrated environmental solutions
to clients in the Port of Baltimore
24 hours a day since 1986 • (877) 322-6008
Industrial Cleaning
Facility Decontamination
Site Remediation
Emergency Response
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