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2009 May 27   06:47

Seattle box volume drops 32.5 percent in April

The Port of Seattle joined other U.S. ports in posting sub-par container volumes for April. Seattle's international container volume dropped 32.5 percent compared to April 2008. Imports declined 36.1 percent and exports were down 27 percent.
At the weekend, however, the port dedicated its newest container terminal, a 70-acre facility with two vessel berths.
Seattle invested about $50 million in the terminal in a joint venture with China Shipping Container Line, Matson Navigation Co. and SSA Marine. The terminal will be China Shipping's base in the Pacific Northwest for the next 30 years.
Terminal 30, a former cruise ship facility, was converted to a container terminal when Seattle moved its cruise operations to the new Smith Cove terminal.

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