Ports America is the largest U.S. terminal operator and stevedore, with operations in every major port in the nation. With more than 100 years of experience through predecessor companies, Ports America possesses dedicated resources that only a company of such scale and scope can deliver, including: skilled personnel, robust training programs, best-in class technology and experienced management.
Ports America is owned by Canada Pension Plan Investment Board, a leader in value-added infrastructure investing.
Visit Canada Pension Plan Investment Board to learn more.
March 2021
PNCT wins the 2020 NYSA safety award for Greatest Reduction in Lost Time Accident Frequency Rate (YOY) of terminals with more than 1 million man hours
March 2021
Delaware River Stevedores JV awarded a 5-year contract with U.S. Military at Tioga Terminal in Philidelphia
2020
The National Safety Council recognized PAC with its Significant Improvement Award and Occupational Excellence Achievement Award for 2020
December 2020
Acquired 50% of Husky Terminal and Stevedoring in Tacoma with lease through 2046
December 2020
PAC announces a $160M expansion plan, which include the build-out of a second 50' berth, allowing the Seagirt Marine Terminal to handle two 14,000 TEU vessels simultaneously
November 2020
Port of Houston extends C/PA's IMS container yard lease through 2026
July 2020
Port of Tampa extends Port’s America’s breakbulk lease though 2046 and executes container lease amendment, paving the way to potentially double the container terminal footprint
July 2020
PAC executes ICTF amendment and CSX TSA extending term 20 years, helping to facilitate the Howard Street Tunnel project
May 2020
Awarded two 5 1/2 year contracts with U.S. Military in Northern California and Gulfport, MS
May 2020
Port NOLA extends Ports America’s leases through 2031 for the Napoleon Ave and Nashville Ave Terminals
May 2020
Formed Charleston Stevedoring Company JV ("CSC") and secure a 10-year container stevedoring operating license from the South Carolina Port Authority
March 2020
Reached agreement with WWO for a multiport TSA through October 2024
January 2020
Reached agreement with Grimaldi for a multiport TSA through 2024, including extensions
December 2019
Awarded 5 1/2 year contract with U.S. Military for Southern California
August 2019
Reached agreement with New Orleans Cold Storage for stevedoring and terminal services through August 2024
April 2019
Moody's assigns a Baa3 rating to PAC's 2019 bonds
December 2018
PNCT posts New York Shipping Association's lowest accident rate in the Port of NY/NJ
March 2018
Port of LA extends L.A. Cruise Terminal operating agreement 5 years
2017
PAC executes property lease with Port of Baltimore for Point Breeze through 2059, extends PAC's container exclusivity to 2030
July 2017
Secured 23-year concession from NYCEDC for Manhattan and Brooklyn Cruise terminals
November 2016
PhilaPort extends DRS's Tioga terminal lease through 2031
October 2016
PAC commenced management of the Intermodal Container Transfer Facility ("ICTF") at Seagirt Marine Terminal from CSX
October 2016
C/PA Houston joint venture formed and acquired Shippers Stevedoring and Chaparral Stevedoring
Fall 2016
Launch of the Ports America sustainability 2030 initiative
January 2014
Ports America completes refinancing of legacy P&O Ports North America and MTC capital structures
December 2013
Port of Miami extends POMTOC lease through 2039, including extensions
June 2012
Secured interest in Kao Ming Container Terminal (Kaohsiung, Taiwan)
June 2011
Port Authority of New York/New Jersey extends PNCT lease through 2050, including extensions
January 2010
Formation of Ports America Chesapeake (“PAC”), securing long-term Seagirt Marine Terminal concession in the Port of Baltimore
January 2008
Announced integration of management and Ports America brands
July 2007
MTC acquired by Highstar
March 2007
P&O Ports North America acquired by Highstar
2001
MTC acquired Stevens Shipping and Terminal Co. (operates as East Coast Holdings)
2000
Concession secured in New York/New Jersey
1931
Marine Terminals Corporation ("MTC") founded
1922
International Terminal Operating Company ("ITO") founded (P&O Ports North America)