The expanded OICT will be the largest container terminal in northern California, providing a 271-acre facility and servicing 20 international carriers. The enlarged OICT will consist of five contiguous berths, stretching no less than 6,000 feet, all with a water depth of 15 m (50-feet) and with a fleet of 10 post-Panamax cranes ready to handle the largest vessels.
The operation at the 50-acre Howard Terminal will be relocated to the 80-acre site at Berths 60-63 later this year.
SSA Terminals vice president, Jon Rosselle, said: “Marine terminals must continue to evolve to meet the increasing requirements of the maritime trade. These terminal expansions are a prerequisite to remain viable to our customers and for them to continue to retain Oakland as a port of call.
To achieve this, the company has agreed to guarantee US$220m of additional revenues for the Port of Oakland.
The Port of Oakland is the fifth largest container port in the United States and supports nearly 73,000 jobs in the region.