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Trapac Terminal News

25 Jan 2019

Port of Oakland Completes TraPac Terminal

Port of Oakland’s container terminal operator, TraPac, concluded a USD 67 million waterfront expansion in January 2019 as it opened a new vessel berth to arriving container ships.The milestone signals completion of a two-year project at Oakland’s second-largest terminal that has nearly doubled TraPac’s footprint from 66 to 123 acres; boosted its fleet of ship-to-shore cranes from four to seven; and added a third 1,400-foot-long dock for berthing mega containerships.“We are grateful to dockworkers, truckers, carriers, cargo owners and all of our stakeholders for working with us during this buildout,” said TraPac Operations Vice President Brian Bauer.

04 Jun 2016

Los Angeles Port Approves $1.17 bi Fiscal Budget

The Los Angeles Board of Harbor Commissioners has approved a $1.17 billion fiscal year (FY) 2016/17 annual budget for the Port of Los Angeles. As in years past, budget allocations closely align and support the four key objectives of the Port’s 2012-2017 Strategic Plan, which include: development of a world-class infrastructure that promotes growth; implementation of an efficient, secure and environmentally sustainable supply chain; improved financial performance of Port assets; and strengthened relationships with Port stakeholders. “Our Port Strategic Plan has been a great tool to keep us consistently focused and committed to our infrastructure and operational priorities,” said Ambassador Vilma Martinez, Harbor Commission President.

10 Jun 2015

Kalmar Delivers ASC cranes for TraPac in Los Angeles

Kalmar, part of Cargotec, has received an order from TraPac, Inc. to deliver two new 5th generation Kalmar automatic stacking cranes (ASCs) for the expansion of TraPac's automated terminal in Los Angeles. The cranes will join a fleet of 27 Kalmar ASCs and 28 Kalmar automated straddle carriers managed by the Kalmar TLS equipment control system. The new ASCs will be delivered in 2016 and they are expected to be commissioned by the end of 2016. Troy Thompson, Vice President, Ports and Terminals, at Kalmar Americas, commented, "Our partnership with TraPac has led to the development of the 5th generation Kalmar ASC, which combines together all the experience gained during the first phase of the project.

25 Aug 2014

DMR Sees US Container Terminal Sector M&A Flurry

M&A (Merger & Acquisition) activity in the US container terminal sector is currently at its highest level since the boom time of the mid-2000s. However, whilst the type of buyer is largely similar to what it was, the rationale for pursuing today’s deals is different, considers Drewry Maritime Research (DMR) in their latest 'Container Insight Weekly'. The US container terminal sector has seen numerous high profile deals so far this year.Most of the parties on the buy side of the deals are infrastructure and financial players – the same type of buyers that were most active in acquiring US terminals in the mid-2000s. Their aims and motivations today though are somewhat different to what they were.

05 Jun 2014

Port of Los Angeles Adopts Fiscal 2014-15 Budget

The Los Angeles Board of Harbor Commissioners informs it has approved a US$938.8-million fiscal year (FY) annual budget for the Port of Los Angeles. Nearly $350 million (37 percent) of the approved budget will go toward capital expenditures to help the Port maintain its global competitive position. “In the face of fierce and increasing competition from around the world, we must do whatever we can to maintain our position as the nation’s premier trade gateway,” said Ambassador Vilma Martinez, Harbor Commission President. The Port anticipates spending approximately $1.1 billion on its capital improvement program over the next five years. In the FY-2014-15 budget, $281 million will be dedicated to specific capital improvement program (CIP) projects.

09 Nov 2012

More Than $127 Million Approved for Port of Los Angeles Construction

Projects Advance Modernization of the TraPac Container Terminal. The Los Angeles Board of Harbor Commissioners has approved construction contracts totaling more than $127 million for two major projects that advance modernization of the marine container terminal operated by longtime tenant, TraPac, Inc. With work due to begin in January, the projects are key elements of the Port of Los Angeles’ overall capital improvement program. The Port is investing more than $1.2 billion over five years to remain competitive in the global economy. “Redevelopment of the TraPac terminal reflects the Port’s larger commitment to retaining its global position as America’s premier seaport,” said Port of Los Angeles Executive Director Geraldine Knatz, Ph.D. Approved Nov.

08 Nov 2012

Port of LA Construction Contracts Approved

TraPac Container Terminal LA: Photo credit Port of LA

Los Angeles Board of Harbor Commissioners approve $127-million construction contracts for two major projects. Both projects are part of a $365 million expansion of the marine container terminal operated by longtime tenant TraPac, Inc. due to be completed in 2016. With work due to begin in January, the projects are key elements of the Port of Los Angeles’ overall capital improvement program. The Port is investing more than $1.2 billion over five years to remain competitive in the global economy.

17 Dec 2007

Container Cranes Pass Under Bridge with Feet to Spare

Photo Credit: Courtesy of the Port of Los Angeles. Two new container cranes from Japan were delivered Thursday evening to the Port of Los Angeles and carefully navigated under the Vincent Thomas Bridge on the way to the TraPac terminal. The cranes came within five feet of the bridge's undercarriage but passed under without incident as television helicopters and film crews captured the scene. This delivery, precisely timed for the lowest tide possible, marks the first arrival of cranes under the bridge since 2002.