LONG BEACH COMPLETES INITIAL PIER T CONSTRUCTION
The Port of Long Beach has finished work on the first phase of its new, 375-acre Pier T shipping terminal on Terminal Island.
With 288 acres of the facility completed, the port has turned over use of the Pier T facility to Hanjin Shipping Co.
Hanjin will operate the terminal under a 25-year lease, paying the port a minimum of $42 million a year. The first vessel call at the new “mega-terminal” has been tentatively scheduled for mid-September.
The terminal has high visibility from its 12 bright-red, 350-feet-high ship-to-shore gantry cranes, each costing $7 million.