Why Should Delaware Care? The Port of Wilmington is one of the last anchors of good-paying, blue-collar jobs in Delaware. It also has suffered a string of financial blows over a dramatic six-year period. Now state officials says they are ready to move forward with plans to build a new container terminal if they can figure out how to pay for increased costs.
Delaware’s longstanding plans to expand the Port of Wilmington with a new container terminal in Edgemoor will cost millions more than previously estimated, forcing the state and its private port operator, Enstructure, into negotiations over how to cover a $185 million funding gap.
During a meeting Monday of the state board that oversees the Port of Wilmington, Secretary of State Charuni Patibanda-Sanchez publicly revealed the financial gap when announcing that current plans to construct the container terminal would cost $669 million — an amount to be split between Delaware and Enstructure…