Ports of Indiana Says It Aims to Develop Container Terminals
The Ports of Indiana Commission approved Resolution 24-01 to launch “The Indiana Container Initiative” in support of developing multiple international container terminals within the state of Indiana.
As a statewide port authority, Ports of Indiana operates multiple facilities on the Ohio River and Lake Michigan, but the state’s ports do not currently handle container shipments. The new initiative is designed to increase the organization’s efforts to pursue the development of international container facilities within Indiana’s ports and other locations throughout Indiana.
“Containerized freight represents a critical component of our state’s international trade and a new frontier for expanding our ports,” said Ports of Indiana Commission Chairman Micah Vincent. “This resolution clearly states our vision and commitment to develop new container facilities that will increase the value of our ports and provide critical shipping connections for Indiana businesses.”
The resolution authorizes and directs Ports of Indiana to do the following:
- Vigorously pursue the development of international container terminals at appropriate locations within Ports of Indiana’s facilities and other Indiana locations.
- Pursue regulatory approvals necessary to establish container facilities along Lake Michigan, the Ohio River, and at appropriate strategic inland locations throughout Indiana.
- Make significant investments and seek out additional funding sources, whether through federal grants, public/private partnerships, or any other funding that may be available.
- Explore international best practices for leveraging governmental assistance and legislative actions that can promote, incentivize, and advance global container shipments, and remove bureaucratic impediments for developing and operating container facilities.
- Engage in partnerships, trade missions, international agreements, and collaborations to establish new global container shipping opportunities for Indiana.
“Containers are a high-value and fast-growing cargo for ports around the world and we see ‘The Indiana Container Initiative’ as a key driver for elevating Indiana’s role as a hub for global trade,” said Ports of Indiana CEO Jody Peacock. “Establishing new container facilities at the ‘Crossroads of America’ can create both economic and public benefits by reducing shipping costs, creating access to world markets, and establishing green shipping corridors that decarbonize supply chains.”