Joseph Bonney, Senior Editor | May 21, 2012 12:11PM EDT
Delaware officials are seeking a public-private partnership to expand the Port of Wilmington by developing a $500 million deepwater terminal on the Delaware River.
The port specializes in refrigerated cargo. Its facilities currently are located on the Christiana River. Expanding on the Delaware would allow the port to be reached by larger vessels that can take advantage of a channel being deepened to 45 feet.
The Philadelphia Inquirer reports the state has received proposals from Kinder Morgan Inc., whose operations include Tioga Marine Terminal in Philadelphia, and Delaware Terminal Operating Co., a new firm formed by the owners of Penn Warehousing & Distribution, Murphy Marine Services and Port Contractors Inc. in Wilmington.
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