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2007 April 5   06:18

Maersk plans to build $250 million container terminal in Oregon

A Danish shipping giant is considering to build a $250 million container terminal in the port of Coos Bay in Oregon, a pacific northwest state of the US, said an Oregon state senator.
Senator Joanne Verger, a Coos Bay Democrat, has revealed that the company is APM Terminals North America Inc., the US operating division of A.P. Moller-Maersk, based in Copenhagen.
Negotiations had been secret and Verger had made the revelations to dispel skepticism that the Oregon International port of Coos Bay had a big fish on the line.
“The people from the port of Coos Bay have signed a confidentiality agreement,” said Verger, displaying a packet of Maersk documents at a town meeting last week in Coos Bay. “So they will not tell you the name of the company. I am not sworn to confidentiality.”
Maersk and Coos Bay officials have declined comment on container terminal project
Maersk and Coos Bay officials have declined comment on container terminal project
Port officials said they were still bound and could not confirm or deny that Maersk was the port's project code-named ''April'', whose owners could ultimately spend up to $700 million on a modern shipping hub on the North Spit of Coos Bay, it was reported. It also said that the rival sites are in British Columbia and Mexico.
APM Terminals North America Inc. has said on Monday that it ''does not comment on potential business ventures and will not confirm nor deny any rumors or news stories.''
Verger is sponsoring a bill to use $60 million of Oregon Lottery money to pay for a loan to widen and deepen Coos Bay's lower shipping channel, a project she said could be completed by 2014.
According to Maersk documents, the company needs 275 acres for its multi-user terminal and 4,000 feet of berthing space.
The company seeks an estimated annual capacity of more than two million twenty-foot equivalent units (TEUs).

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