Plans for a potential fourth port for Indiana have run into shallow bureaucratic waters.

Governor Holcomb announced Thursday that the state will not move forward with the proposed plan that would have purchased land near Lawrenceburg, the potential site for a fourth Port of Indiana.

An agreement had been in place to reserve the option of buying the land — formerly the site of the American Electric Power plant — since 2017.

The decision was reached after an extensive study found that remediation work on the site would take too long for a port location there to be economically viable.

The governor says work will continue on searching for a site for a potential fourth port.