BALTIMORE (AP) - Gov. Larry Hogan has announced a new 30-year contract between the state and Port of Baltimore global shipping and logistics company Wallenius Wilhelmsen Logistics.
The new contract replaces a 20-year deal between the company and the Maryland Department of Transportation's Maryland Port Administration that was set to expire in 2021.
The new contract means that Norway-based Wallenius Wilhelmsen Logistics will continue serving the port through 2045.
The state says that in 2014 the port saw 29.5 million tons of international cargo cross its docks.
New 30-Year Deal for Port of Baltimore
Port of Baltimore website
