The Port of Wilmington is getting$17 million in improvementsunder new owner Gulftainer, Hellenic Shipping Newsreported.
According to a the publication, warehouse improvements and dock and crane rail extension are planned.
The projects are in keeping with Gulftainer’s plans to upgrade the port, which was leased by state-owned Diamond State Port Corp. to the private company based in the United Arab Emirates.
The state had been hard pressed to make improvements to the port, which competes with well-financed rivals along the Delaware River. The state had earlier taken over management from the City of Wilmington, which faced similar challenges.
The port earlier fought off a bid to lure away produce business to a new port in New Jersey. The port, under state management, had been operating at a loss.
Gulftainer also plans to expand the port to the former DuPont Edgemoor titanium site along the Delaware River.
The location would allow the port to accommodate larger container ships that are now able to sail up the river.
The current Port of Wilmington, mainly located at the mouth of the Christina River, is limited in the types of ships it can handle.