TraPac to double Oakland capacity

TraPac has reached agreement to almost double its marine terminal size at the Port of Oakland.

If approved, 14-year lease would add two ship berths and 57 acres of land

The company plans to lease an additional 57 acres and two vessel berths on the port’s Outer Harbour.

“This is a significant step forward for TraPac and the Port,” explained John Driscoll, port maritime director.

He added: “TraPac gets room to expand its thriving business and the Port gets to revitalize valuable property with a highly respected tenant.”

The plans were announced at a meeting of Oakland’s Board of Port Commissioners, it proposed a 14-year lease agreement with the port which will be finalized if the Board approves it at a meeting October 27, 2016.

If the deal is approved, it would strengthen TraPac’s position as the second-largest terminal operator in Oakland.

Mike Porte, TraPac Oakland general manager, said: “Our business is growing and placing new demands on our operations. With this new agreement we can meet the demands and the service expectations of our customers.”

TraPac handles 20 percent of the containerized cargo moving through the Port of Oakland. It manages two vessel berths and 66 acres of land.

Under the new agreement, it would have four berths and 123 acres, with the majority of the land being used for cargo handling – something that is expected to be increasingly important as volume grows at the port.

Mr Porte concluded: “With this expansion, we’re demonstrating our long-term commitment to Oakland. TraPac and the Port share a common value – good customer service – so we see this partnership growing even stronger over time.”