Marine Link's Joe Keefe Sounds off on Oregon Public Broadcasting

Marine News and Maritime Logistics Professional editor Joseph Keefe

Marine Link

Marine News and Maritime Logistics Professional
editor Joseph Keefe last week spent 10 minutes with Oregon Public
Broadcasting to discuss the fate and the future of Oregon's only
deep water port. Listen in to find out more.

As ICTSI Oregon, Inc. and the Port of Portland mutually agreed to
terminate a 25-year lease agreement to operate the container
facility at the Port's Terminal 6, the agreement allows ICTSI
Oregon to be relieved of its long-term lease obligations
effective March 31, 2017, pending approval by the Port
Commission. In exchange, the Port will receive $11.45 million in
compensation to rebuild business, as well as additional container
handling equipment, spare parts and tools at the terminal. But,
what does that mean for the port, the region and the port's
customers?

The recent announcement of the deal can be read HERE.

The radio segment on Oregon Public Broadcasting (NPR) can be
heard
HERE
. Scroll down to the second story, Port of Portland.

Mar 6, 2017

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