Virginia’s top transportation official said late Monday two more companies want to buy the rights to run the state’s ports, but the public will have to wait a week and a half to learn the identity of the bidders.
The proposals come three months after the state announced an initial bid from APM Terminals to run state port facilities in Norfolk, Newport News and Portsmouth. APM is a division of Danish conglomerate A.P. Moller Maersk and owns of a state-of-the-art container terminal in Portsmouth.
Norfolk (Norfolk, Virginia) The state solicited competitive proposals after receiving APM’s bid, which the company said would last 48 years and be worth up to $3.9 billion.