Marine link
 

Marine Terminals Corp. To Operate Oakland Terminal

Marine Terminals Corp. (MTC) will operate Oakland's Seventh Street Marine Container Terminal for the next 10 years under a new management agreement that, reportedly for the first time, commits a terminal operator to a major facility improvement program.

The three-berth, 56-acre terminal serves some of the port's largest container carriers, including the transpacific services of Hanjin, Hyundai and Yangming. It accounted for 136,000, more than 10 percent, of the total number of TEUs the Oakland port handled in 1993. The pact calls for San Franciscobased MTC to build a $5 million terminal gate and related infrastructure. Now in design by the Oakland- based engineering and architectural firm of Jordan-Woodman- Dobson, the 10-lane complex will make extensive use of computer and video technology to speed the movement of containers and other cargo on and off the wharves. Construction is expected to start in October and be completed early next year. MTC's investment will be repaid over the life of the agreement. As reimbursement for the improvements, MTC will receive an additional 2.5 percent of gross tariff dockage and wharfage fees from new activity generated at the facility.




Port Authority History

Belgians Scoop Up dreding Contracts
Blount Delivere 155-F: Ferry Cayo Norte
Coast Guard Considers Seven Port Zones For Establishing New Vessel Tracking System
Company Initiates Cruise Operation Between California And Mexico
High Tech Equipment To Bring Kawasaki Port Into The Future
Hong Kong To Build First Terminal Handling Pearl River Delta Cargo
Hvide Investment Signals Consolidation Continuation
Hyundai To Provide Weekly Transpacific Container Service To Port Of Portland
IACS Encourages Close Links With Port State Control
Ingalls-Built USS Port Royal Commissioned
Kvaerner Leads Pert/Ship Interface Prefect
Libra Opens Private Brazilian Container Terminal
MaK-Propelled Container Vessel Built For U.S.-Based Owner, Christened "Tropic Sun7
MarAd Sponsors Study On North American Shipping
Marine Terminals Corp. To Operate Oakland Terminal
New Generation Of Self-Unloading Cargo Ships
Pena Accepts Port Award, Stresses Highway System Legislation
Port Everglades And Kings Ocean In Preliminary Agreement For Increased Service
Port Of Portland Contracts Liftech For Crane Upgrade
Posidonia '94:
President Clinton Declares Dredging "A National Concern"
RoRo '96 Reflects Peak Activity Of Sector Orderbook
Senate Committee Holds Hearing On Hathaway And Scroggins Nominations
Setchell Named TT Club Director
Short Sea Container Survey: No Pain, No Gain
TSS Ltd., U.K., Supplies Electronic Motion Compensation System For U.S. Dredging Project
U.S. Ports' Agenda: Focus Is On Infrastructure
Viet Porlex'97 Merges With Maritime Vietnam For Asian Exhibition
Wallenius Delivers 100,000th Deere Unit At Galveston
Wiiiardi Builds Conpositc Boats For L.A.
 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright