International Transportation Service (ITS), joint venture between Ports America and “K” Line, reached an agreement in principle with Norwest Seaport Alliance (NWSA) to rebuild and reconfigure its container terminal in Tacoma.
The significant expansion and 20-year lease extension of the Husky Terminal would add approximately 420,000sqm of berthing area at the gate port in the US Pacific Northwest.
NWSA has also agreed to place an order for four of the largest modern gantry cranes to be installed at the new HUSKY Terminal.
It will therefore be upgraded to a container terminal capable of simultaneously accommodating two 18,000teu mega-containership vessels.
The planned expansion project of more than $141m is expected to be completed by July 2018.
Ports America is a 30-percent owner of ITS, with the remaining interest owned by “K” Line.
