Port of LA commences environmental review into proposed Yang Ming Terminal expansion

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  • US$122 million project will allow call of 14,000 TEU vessels and extension of current lease agreement

The Port of Los Angeles is initiating the environmental review process on a proposed berth-improvement project by Taiwanese marine transport company Yang Ming at the US port.

The start of the environmental process, which is expected to formally begin this fall with a Notice of Preparation, is the first step in Yang Ming's plan to enhance its terminal facilities and deepen its berth to accommodate 14,000 TEU vessels and increase cargo volume.

In May, executives from Yang Ming and the Port of Los Angeles signed a term sheet agreement at Chi-Du, Taiwan Yang Ming Headquarters to perform a number of key improvements that will enhance the Yang Ming terminal facilities.

As part of the agreement, the Port of Los Angeles plans to invest as much as US$122 million in improvements at the terminal, including construction of a new 1,260 linear foot wharf at Berths 126-129, dredging to a depth of 53 feet at the newly constructed wharf, and expansion of the West Basin Intermodal Container Transfer Facility.

The West Basin Container Terminal is a partnership between Yang Ming, China Shipping and Ports America.
Yang Ming’s current lease at the West Basin Container Terminal ends in 2021.

This agreement will extend the lease to 2030, delivering between $365 and $525 million in port revenue, depending on cargo volumes.

In addition to the term sheet agreement with Yang Ming, the Los Angeles officials also signed a Memorandum of Understanding with officials of the partners of the West Basin Container Terminal to promote business and trade with the City and Port of Los Angeles in Beijing.
 

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