APM Terminals likely to cease operations in Tacoma by end of 2017
APM Terminals Tacoma has received notification from its main customer, Matson, Inc., that it does not intend to renew its current terminal services agreement after its expiration on December 31, 2017.
APM Terminals is evaluating all options with respect to its existing terminal lease, which also is set to expire on December 31, 2017, according to PortNews.
The terminal, with 12 employees, became part of the Maersk Group portfolio with the acquisition of US-based Sea-Land Service by Maersk Line in 2000. The 600,000 TEU annual throughput capacity facility was used primarily by the Matson Alaska Service, with twice-weekly sailings between Tacoma, Anchorage and Kodiak, and a weekly service between Tacoma and Dutch Harbour, handling approximately 190,000 TEU in 2016.
APM Terminals' US portfolio includes operations at APM Terminals Pier 400 Los Angeles, the largest proprietary terminal in North America; APM Terminals Port Elizabeth, at the Port of New York & New Jersey; APM Terminals Mobile, Alabama; and a 49 per cent share in the South Florida Container Terminal, at the Port of Miami, Florida.