• PAC will lease the 200-acre Seagirt Marine Terminal for a 50-year period, and will make an annual payment to the MPA.
• PAC will construct a 50-foot berth in the Port of Baltimore and will also invest in cranes and other infrastructure at the port.
• PAC will have full control over the operations of the terminal under the terms of the lease and concession, but the MPA will continue to own it.
• The state will receive a US$15 fee for every container after the first 500,000 moved through the port annually. This fee will be adjusted for inflation, and is projected to provide over US$450 million in future value to the MPA and the State of Maryland.
• Ports America will give the port an annual rent payment of US$3.2 million, adjusted for inflation.