USACE says Portsmouth Harbour project will have "no significant impactProject Updates // June 13, 2003
The preliminary decision is good news for APM Terminals Virginia Inc, a subsidiary of Danish shipping giant A P Moller Group, which wants to build a deep water cargo terminal on the Portsmouth waterfront, just south of Craney Island, by 2005.
The Pilot Online said the APM project, planned on a 576-acre parcel known as the Cox property, would cost an estimated $385 million. It would bring jobs and income to Portsmouth, as well as about $2 million to the state in royalties from dredging fees. Virginia already has budgeted that money for various environmental programs that otherwise would go unfunded.
Several environmental groups are objecting to the corps' finding, published late last week. They say a project that would ruin more than 23 acres of forested and tidal wetlands and involves dredging 189 acres of river bottom should undergo a full-blown environmental study.