The Port of Portland has partnered with Harbor Industrial to operate Terminal 6, the only international container terminal in Oregon. This partnership aims to enhance the port’s efficiency and competitiveness, reports Port Of Portland.
Container Services
This is the latest development in the Port’s focused efforts to rebuild and grow container service at Terminal 6, a critical resource for businesses in every part of the state that imports and exports products ranging from seafood and animal feed to building supplies. Currently, T6 is operated by the Port and Harbor Industrial, which serves as stevedore, an intermediary between the Port and labor.
The new framework agreement establishes a timeline and basic terms that will be solidified over the next six months. Operations will continue seamlessly during the transition.
The agreement assumes the Port will receive $5 million in support from the state to stem ongoing losses from container operations and is contingent on receiving a $20 million state investment toward capital improvements at the terminal. The Governor’s Recommended Budget includes this capital funding, as well as funding toward maintenance of the Columbia River navigation channel, which benefits all Oregon ports and communities who rely on marine shipping.
“We’re grateful for the continued support of Governor Kotek and other elected leaders to secure funding for container operations, and for the strong signal their commitment sends to international shippers and Pacific Northwest businesses about the reliability of T6,” said Port of Portland Executive Director Curtis Robinhold. “We’re confident that with Harbor on board as a long-term operator, increasing container volumes and adequate state investment to keep marine trade moving, Terminal 6 will continue providing widespread benefits for Oregon for many years to come.”
“Our team is excited and thankful for the commitments made by the Port and the State Leadership. We believe this milestone is a fundamental positive shift in support of the Oregon importers and exporters, to ensure an ongoing, reliable and efficient gateway for Oregon businesses,” said Tim McCarthy, Chief Operating Officer of Harbor Industrial. “This progress will help the Oregon shippers secure a more cost-effective path for their goods while providing job growth for the local communities.”
“Scores of businesses throughout Oregon rely on Terminal 6 to ship their goods and Oregon communities rely on the quality jobs it supports,” Governor Kotek said. “My recommended budget reflects my commitment to resources to facilitate the continuation of container service, and I intend to advocate for these funds in the Legislature.”
Did you subscribe to our daily Newsletter?
It’s Free Click here to Subscribe!
Source: Port Of Portland
