The Port of Seattle will complete the first phase of a modernised international maritime shipping facility at Terminal 5, a project funded jointly by the Port of Seattle and Port of Tacoma through the Northwest Seaport Alliance.
The container terminal upgrade is part of the 2021 budget and a five-year, US$3.7 billion capital improvement plan, which has been approved by the commissioners of the port.
In 2021, the Northwest Seaport Alliance (NWSA), the joint venture of the ports of Seattle and Tacoma that operates international cargo facilities in both harbours, will open the first phase of its modernised box Terminal 5 in West Seattle.
The new big-ship ready terminal will stand out as one of the premier international maritime shipping container terminals on the West Coast, anchoring maritime jobs and global shipping in our community for decades to come, said the Port of Seattle in its announcement.
“Sticking to our core mission is the best way the Port can respond to the Covid-19 crisis and build an equitable recovery,” said Port of Seattle commission president, Peter Steinbrueck, who went on to add, “This budget invests in the most fundamental lines of business at the Port, work that no other government in the region is set up to do, to help our community survive this crisis and thrive in the coming recovery.”
The annual budget prioritises investments that create jobs and drive economic activity, as well as strategies to stop the spread of the pandemic at the Port’s critical trade and travel facilities.
Sustainability projects that restore habitat and reduce carbon are key investments, as they generate both jobs and economic activity, as well as long-lasting community benefits, according to an announcement, while the port has increased economic development and environmental grant investment in South King County, where communities and industries have been hard hit by the corona virus.