Terminal 6, Port of Portland

March 1, 2017 Comments Off on Bringing Back Container Handling to Terminal 6 Views: 279 National News, Oregon, West

Bringing Back Container Handling to Terminal 6

The Port of Portland wants to bring container shipping back. The path to doing that involves terminating a lease with ICTSI Oregon Inc. for the idled Terminal 6. Under the deal, the port will receive $11.5 million in compensation from ICTSI, in exchange for buying out the 25-year lease signed in 2010.

ICTSI had been retained to help stabilize Portland’s container shipping business at Terminal 6, but disputes with the Local 8 of the International Longshore Workers Union brought activity to a standstill. As a result, vessels stopped calling at T6.

Once the deal closes, the port will develop a strategy to return the container business to Portland. “While the global carrier industry continues to undergo rapid change, we now have a new path to redefine our future in this business and launch new strategies to bring the terminal back to life,” said Bill Wyatt, the port’s executive director, in a statement.

Image courtesy Port of Portland

Read More at Port of Portland


Subscribe to Connect Daily National

For comments, questions or concerns, please contact Amy Sorter

Share on FacebookTweet about this on TwitterShare on LinkedInEmail this to someone

Comments are closed.