The Northwest Seaport Alliance (NWSA) has voted to approve lease agreements and authorise construction on the Terminal 5 modernisation programme to remain competitive in the shipping industry and expand cargo-handling capabilities.
Once phase one of construction is complete in 2021, LLC, a joint venture entity owned by Seattle Terminals (SSA Terminals) and Terminal Investment Limited (TIL) will begin operating at Terminal 5.
Stephanie Bowman, Port of Seattle commission president and co-chair of the NWSA, said: “The modernisation of Terminal 5 represents a transformative investment in our region to support our state’s economy.
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