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Maersk To Build $500 Million Shipping Terminal South of New Orleans

New Louisiana Container Terminal Will Be Its Fifth US Terminal
Maersk's APM Terminals subsidiary plans to build its fifth U.S. terminal south of New Orleans. The container terminal shown here is located in Elizabeth, New Jersey. (APM Terminals)
Maersk's APM Terminals subsidiary plans to build its fifth U.S. terminal south of New Orleans. The container terminal shown here is located in Elizabeth, New Jersey. (APM Terminals)
CoStar News
January 16, 2024 | 9:35 P.M.

Maersk is planning to build a $500 million container terminal south of New Orleans to handle oil, chemical and grain shipments in an expansion that comes even as the global shipping industry remains mired in a slump.

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