The Port of San Diego has come to a conditional agreement with Mitsubishi Cement Corporation (MCC), for potential future operations at Tenth Avenue Marine Terminal. The move is part of strategic efforts to increase cargo business at the port.
The conditional agreement allows the port to conduct a project review in anticipation of MCC's potential operations at the Tenth Avenue Marine Terminal on San Diego Bay.
The agreement was reached to facilitate MCC's potential development, lease and operation of a marine transfer and storage facility for bulk cement, cement-related bulk products, and concrete aggregate.
The conditional agreement expects MCC to make contributions toward modernising the marine terminal and the company's participation in development costs for long-term improvements.