In 2011, initiation of the 25-year lease of the Port of Portland’s Terminal 6 container and breakbulk facilities to ICTSI Oregon, Inc. represented a significant investment and vote of confidence in Portland and the surrounding region from the growing international port management company. Portland marked the company’s first entry into the U.S. market.
During their first year of operations at Terminal 6, ICTSI Oregon, Inc.’s local leaders have been active in business retention and development efforts. In 2011, Portland saw a 9 percent increase in container traffic and an impressive 27 percent increase in full export containers. This was exceptional performance during a year when other U.S. container ports saw decreases or meager gains.
The Port and ICTSI Oregon, Inc. recently welcomed a newly expanded weekly containership service offered by Hapag-Lloyd and Hamburg Süd that connects the Pacific Northwest and the Mediterranean with improved regularity and reach. This is in addition to regular transpacific service to Asia provided by Hanjin Shipping and Westwood Shipping Lines. Increased activity at the terminal is making the most of the recently deepened Columbia River navigation channel.
ICTSI Oregon, Inc. is a subsidiary of Manila-based International Container Terminal Services, Inc., which has a track record of success at 22 marine terminals and port projects in 17 countries. Besides Portland, ICTSI has operations in Asia, Europe, the Middle East and Latin America. The company is among the top five global independent stevedoring and terminal operating companies.
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