The Maryland Port Administration has extended a partnership with the Panama Canal that is intended to draw large cargo ships from Asia once a key port project is finished in 2012. The agreement allows the two bodies to do joint marketing activities, research, planning and training.
The Port of Baltimore is readying for the widening of the Panama Canal in 2014. The port administration signed a 50-year lease of Seagirt Marine Terminal to Ports America Chesapeake in 2010 to pay for a new 50-foot ship berth needed once larger ships start coming through the canal.