https://www.portsamerica.com/pdf/Ports%20America%20WC%20OHT%20press%20release%20_%20Final.pdf

Ports America, the largest stevedore and terminal operating company in the United States, is committed

to market-leading growth and is currently focusing its business strategies on increasing its West Coast

presence through additional investments and expansion of services into new terminals. Areas of

concentration include Los Angeles, Long Beach, the Pacific Northwest and western Canada. These

regions have been identified as most suited to its realignment goals.

Ports America’s long-standing joint venture partnership at West Basin Container Terminal (WBCT) and

its recently acquired 30 percent ownership of International Transportation Services (ITS) are key

locations for Ports America’s strategy. Accordingly, Ports America is active in planning its expansion

and investment opportunities in its existing locations at both the Port of Tacoma and the ports of Los

Angeles and Long Beach. Further, Ports America has been invited into the process for new opportunities

in the Pacific Northwest. As part of its ongoing successful management of cargo operations, Ports

America will continue to work with all stakeholders, personnel and labor as part of its targeted

expansion strategy.

Given this strategy, the JV partners in Outer Harbor Terminal, LLC (OHT) have decided to change the

arrangement with the Port of Oakland by returning back to the port the OHT leased property. OHT is

organizing this exit transition to ensure seamless continuity of services. OHT will be coordinating

closely with equipment suppliers and other vendors as it continues to provide vessel services for 30 days

and then take an additional 30 days to transition out of the terminal.

This West Coast strategy complements what Ports America already has accomplished on the East Coast

by investing in superior equipment and infrastructure at Ports America’s locations such as Port Newark

Container Terminal (PNCT), Seagirt Marine Terminal in Baltimore and Miami, where, upon completion

of the Panama Canal expansion, the markets will demand it.

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At PNCT, Ports America will invest $500 million before the year 2030 for expansion, which is expected

to double the number of containers moving through the terminal and create significant economic growth

within the region. PNCT already has doubled its on-dock rail capacity, purchased three super-postPanamax

ship-to-shore cranes and other upgrades that cement PNCT’s readiness for the ultra-large

container vessels. Further expansion plans include additional yard, improved gate facility, additional

deep berths and additional super-post-Panamax ship-to-shore cranes.

For the 284-acre Seagirt Marine Terminal in Baltimore, Ports America Chesapeake has an aggressive

$500 million investment program for enhancement efficiencies that have included four super-postPanamax

cranes, increased water depth, and the recently announced agreement with CSX to operate the

Intermodal Transfer Service, an on-dock access to rail that is a significant differentiator. As a result of

these investments, Ports America Chesapeake’s Seagirt Marine Terminal ranked in the “Top 10” U.S.

terminals category in berth productivity, according to the 2014 JOC Port Productivity Report, with the

Port of Baltimore ranking highest among the “Top 10” U.S. ports. A key goal of the Ports America

refocused West Coast strategy is to gain a place for a U.S. West Coast port on this prestigious list.