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TraPac may take part of Oakland's Outer Harbour after PA's exit
PORT of Oakland officials indicated that they have been holding talks with representatives from TraPac, which may lease a portion of the port's Outer Harbour Terminal, after TIL and Ports America, now filing for bankruptcy, announced it will be ending operations at the terminal in March. TraPac operates adjacent berths, 30-32.
"Berths 25-26, we are in negotiations right now with a terminal operating company that has committed to putting in US$30 to $50 million into that facility to making it better," port of Oakland executive director Chris Lytle said, reported American Shipper.
During his speech, Mr Lytle promised the port would "do absolutely everything in our power to make sure that there are no disruptions to cargo in any way shape or form".
According to Mr Lytle, the port has excess capacity and the decision by Ports America and TIL to leave means the other terminals in the port, operated by SSA, TraPac and Everport Terminal Services, will be able to move cargo through their existing facilities and that the port will potentially be able to diversify and handle other cargoes such as roll-on/roll-off or project cargo.
"This port can handle the business," said Mr Lytle. "We've identified a new home for 90 per cent of the cargo that must be relocated," and the port has a "pretty good idea" on where the remaining 10 per cent will be handled, he added.
"Berths 25-26, we are in negotiations right now with a terminal operating company that has committed to putting in US$30 to $50 million into that facility to making it better," port of Oakland executive director Chris Lytle said, reported American Shipper.
During his speech, Mr Lytle promised the port would "do absolutely everything in our power to make sure that there are no disruptions to cargo in any way shape or form".
According to Mr Lytle, the port has excess capacity and the decision by Ports America and TIL to leave means the other terminals in the port, operated by SSA, TraPac and Everport Terminal Services, will be able to move cargo through their existing facilities and that the port will potentially be able to diversify and handle other cargoes such as roll-on/roll-off or project cargo.
"This port can handle the business," said Mr Lytle. "We've identified a new home for 90 per cent of the cargo that must be relocated," and the port has a "pretty good idea" on where the remaining 10 per cent will be handled, he added.
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