Los Angeles Port Modernization

A project to modernize a container terminal at the Portof Los Angelesis being trumpeted by a press release after approval by the Los Angeles Harbor Commission of the final Environmental Impact Report. The container terminal is operated by Eagle Marine Services, a subsidiary of APL. The Eagle Marine/APL project is part of broader redevelopment efforts at the Port which include approximately $1.2 billion in capital improvements over the next five years.

Sporting a budget of $196 million, the Eagle Marine/APL project will, according to the Port, “generate nearly 3,400 jobs during construction and add nearly 8,000 permanent direct and indirect jobs to the Southern California economy over the next 15 years.”

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Published In: Business Organization Updates, General Business Updates, Communications & Media Updates, Environmental Updates, International Trade Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Robert Freedman - Partner at Tharpe & Howell, LLP | Attorney Advertising

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