ASPA/AIT agree to RO/RO terminal

MOBILE, Ala. - The Alabama State Port Authority (ASPA) and AutoMOBILE International Terminal (AIT) signed a concession agreement Jan. 22 at the Port of Mobile of $60M (USD) for a finished automobile roll on/roll off (RO/RO) terminal under construction. AIT will operate the facility when completed in early 2021. AIT is a joint venture between Terminal Zarate, S.A., a Grupo Murchison firm, with an HQ in Buenos Aires, Argentina, and Neltume Ports, headquartered in Santiago, Chile. “AIT’s investment will create a new U.S. gateway for shipping finished automobiles for both U.S. and global manufacturing and consumer markets,” said James K. Lyons, director/CEO for ASPA. The 57-acre terminal is located on ASPA’s main port complex, and when completed, will have an annual throughput of 150,000 units. (Source: Ala. State Port Authority 01/22/20) http://www.asdd.com/pdf/ASPA_AIT_NP_ConcessionAgrInked_012220.pdf