{"id":5251,"date":"2024-09-06T15:11:37","date_gmt":"2024-09-06T15:11:37","guid":{"rendered":"https:\/\/docshipper.us\/en\/?p=5251"},"modified":"2024-09-06T15:25:37","modified_gmt":"2024-09-06T15:25:37","slug":"port-of-portland-presents-strategy-to-sustain-container-service-at-key-terminal","status":"publish","type":"post","link":"https:\/\/docshipper.us\/en\/news\/port-of-portland-presents-strategy-to-sustain-container-service-at-key-terminal\/","title":{"rendered":"Port of Portland Presents Strategy to Sustain Container Service at Key Terminal"},"content":{"rendered":"<div id=\"bsf_rt_marker\"><\/div><p>A coalition of shipping stakeholders has delivered a business plan to Oregon Governor Tina Kotek, containing proposed measures to keep international container service running at the <a href=\"https:\/\/docshipper.us\/en\/freight-forwarder-portland\/\" target=\"_blank\" rel=\"noopener\">Port of Portland<\/a>&#8216;s Terminal 6 (T6).<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_72 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/docshipper.us\/en\/news\/port-of-portland-presents-strategy-to-sustain-container-service-at-key-terminal\/#Key_points\" title=\"Key points\">Key points<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/docshipper.us\/en\/news\/port-of-portland-presents-strategy-to-sustain-container-service-at-key-terminal\/#Stakeholders_Propose_Plan_Amidst_Financial_Struggles\" title=\"Stakeholders Propose Plan Amidst Financial Struggles\">Stakeholders Propose Plan Amidst Financial Struggles<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/docshipper.us\/en\/news\/port-of-portland-presents-strategy-to-sustain-container-service-at-key-terminal\/#Plan_to_Boost_Container_Volumes_and_Stakeholder_Collaboration\" title=\"Plan to Boost Container Volumes and Stakeholder Collaboration\">Plan to Boost Container Volumes and Stakeholder Collaboration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/docshipper.us\/en\/news\/port-of-portland-presents-strategy-to-sustain-container-service-at-key-terminal\/#Executive_Commitment_and_Future_Financial_Support\" title=\"Executive Commitment and Future Financial Support\">Executive Commitment and Future Financial Support<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/docshipper.us\/en\/news\/port-of-portland-presents-strategy-to-sustain-container-service-at-key-terminal\/#Potential_for_Additional_Funding\" title=\"Potential for Additional Funding\">Potential for Additional Funding<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Key_points\"><\/span>Key points<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li>A coalition delivered a detailed business plan to Oregon&#8217;s Governor to maintain container services at Terminal 6 in Portland.<\/li>\n<li>The terminal initially planned to shut down container intake due to financial losses but received a reprieve with a $40 million state investment.<\/li>\n<li>The port aims to double container volumes at T6 by 2032, with the support of shippers, carriers, operators, and longshoremen.<\/li>\n<li>Further financial support for T6 could be included in Oregon&#8217;s 2025-2027 budget, pending state legislature approval.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"Stakeholders_Propose_Plan_Amidst_Financial_Struggles\"><\/span>Stakeholders Propose Plan Amidst Financial Struggles<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>In April, the port had initially announced plans to shut down container intake at T6 by October, after the terminal experienced $30 million in losses over three years. That led to an outpouring of advocacy from local businesses and lawmakers, who voiced concerns over losing what&#8217;s currently Oregon&#8217;s only international container terminal. The terminal got a reprieve in May, when Governor Kotek said that she would be allocating <strong>$40 million<\/strong> to fund capital investments at T6, on the condition that stakeholders at the port put together a comprehensive business plan.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Plan_to_Boost_Container_Volumes_and_Stakeholder_Collaboration\"><\/span>Plan to Boost Container Volumes and Stakeholder Collaboration<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The consequent plan details how T6 has often struggled with container volumes, adding that the port has been negotiating with ocean carriers to increase vessel allocations at the terminal. Over the next five to seven years, the port plans to work with shippers, carriers, operators and longshoremen to double container volumes at T6 by 2032. The port also agreed in 2023 to 16-20% rate increases for carriers using the terminal.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Executive_Commitment_and_Future_Financial_Support\"><\/span>Executive Commitment and Future Financial Support<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>\u201cMaking sure container service remains available for Oregonians and businesses across the region will require public and private support,\u201d Port of Portland executive director Curtis Robinhold said in an August 23 release. \u201cThis is a critical piece of Oregon\u2019s economy, and it urgently needs financial assistance from the state to continue to serve shippers across all of Oregon.\u201d<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Potential_for_Additional_Funding\"><\/span>Potential for Additional Funding<span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>More financial help could be on the horizon for T6 in Oregon&#8217;s upcoming 2025-2027 biennial budget, which includes a proposal for another <strong>$35 million<\/strong> to fund container operations at the terminal, and channel maintenance costs for the lower Columbia River. Those funds still need to be approved by state lawmakers in September.<\/p>\n<p>For more information, you can check out the related <a href=\"https:\/\/www.marinelink.com\/news\/port-portland-delivers-plan-keep-container-503200\" target=\"_blank\" rel=\"noopener\">article<\/a> on MarineLink. Additional insights are available from <a href=\"https:\/\/www.oregonlive.com\/business\/2023\/08\/port-of-portland-takes-steps-to-maintain-international-container-service-at-terminal-6.html\" target=\"_blank\" rel=\"noopener\">OregonLive<\/a> and <a href=\"https:\/\/www.joc.com\/port-news\/port-portland-receives-40m-investment-doubling-container-capacity_20230823.html\" target=\"_blank\" rel=\"noopener\">JOC<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>A coalition of shipping stakeholders has delivered a business plan to Oregon Governor Tina Kotek, containing proposed measures to keep international container service running at the Port of Portland&#8216;s Terminal 6 (T6). Key points A coalition delivered a detailed business plan to Oregon&#8217;s Governor to maintain container services at Terminal 6 in Portland. The terminal &hellip;<\/p>\n","protected":false},"author":1,"featured_media":5250,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[27],"tags":[],"class_list":["post-5251","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/docshipper.us\/en\/wp-json\/wp\/v2\/posts\/5251","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/docshipper.us\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/docshipper.us\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/docshipper.us\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/docshipper.us\/en\/wp-json\/wp\/v2\/comments?post=5251"}],"version-history":[{"count":1,"href":"https:\/\/docshipper.us\/en\/wp-json\/wp\/v2\/posts\/5251\/revisions"}],"predecessor-version":[{"id":5271,"href":"https:\/\/docshipper.us\/en\/wp-json\/wp\/v2\/posts\/5251\/revisions\/5271"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/docshipper.us\/en\/wp-json\/wp\/v2\/media\/5250"}],"wp:attachment":[{"href":"https:\/\/docshipper.us\/en\/wp-json\/wp\/v2\/media?parent=5251"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/docshipper.us\/en\/wp-json\/wp\/v2\/categories?post=5251"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/docshipper.us\/en\/wp-json\/wp\/v2\/tags?post=5251"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}