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

Braking New Ground; Creating New Opportunities
Coast Guard Considers Seven Port Zones For Establishing New Vessel Tracking System
Commercial Metals Ships Scrap
Great Lakes Towing Co. Kicks Off Navigational Season
Hvide Investment Signals Consolidation Continuation
Hyundai To Provide Weekly Transpacific Container Service To Port Of Portland
IMO Secretary-General Calls For More Action On Bulk Carrier Safety
Ingalls-Built USS Port Royal Commissioned
INTERTANKO Applauds USCG Final Rules Regarding Under-Keel Clearance For Single Hull Tankers
Kopphil Shipyard Clindios $6 Million In Now Contracts
Kvaerner Leads Pert/Ship Interface Prefect
MaK-Propelled Container Vessel Built For U.S.-Based Owner, Christened "Tropic Sun7
MarAd OKs Israel's Use Of Foreign Flag-Ships For U.S. Grain Shipments
MarAd Sponsors Study On North American Shipping
New Generation Of Self-Unloading Cargo Ships
One Plus One Equals One
Panamanian Vessel Sunk To Create Artificial Reef
Pilot Vessels Designed For Anticipated USCG Regulation Changes
Polar Sea Uses FT4 Gas Turbine Power To Reach North Pole
Port Of Portland Gains New Container Services
Port States And Flag States: WHAT THE FLAG STATE C A N D O TO HELP THE SHIPOWNER WHEN THE PORT STATE INTERVENES
Portland, Vancouver & Army Corps Place Mooring Buoys In Columbia River
President Clinton Declares Dredging "A National Concern"
RoRo ' 94
Second $7.9 Million Crane In Place At South port
Triple success at U.K. yards
TSS Ltd., U.K., Supplies Electronic Motion Compensation System For U.S. Dredging Project
Wallenius Delivers 100,000th Deere Unit At Galveston
Wiiiardi Builds Conpositc Boats For L.A.
Worldport LA Receives Go-Ahead For Activation Of Foreign Trade Zone
 
rss feeds | archive | privacy | history | articles | contributors | top news | contact us | about us | copyright