Independent journal on economy and transport policy
06:54 GMT+2
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OOCL signature the contract for the management of the new container terminal to the Middle Harbor of Long Beach
the agreement has a duration 40-year-old
April 3, 2012
Today to Hong Kong the managing director of the company of navigation Orient Overseas Container Linens (OOCL), Philip Chow, and the executive director of the Port of Long Beach, Chris Lytle, the concession contract has undersigned that assigns to the company of Hong Kong the management for 40 years of the new container terminal of the port of Long Beach that takes part of the project Middle Harbor Redevelopment Project (MHRP). The preliminary agreement which signed era at the beginning of this year ( on 20 January 2012).
"This agreement for the concession of the area - Philip Chow has commented - has been about to many years about to definition and without the support of the citizens of Long Beach, the government, the International Longshore and Warehouse Union, of the Harbor Commission and of which they believe in the many benefits that this project will bring to the city and the region, this day it could not arrive".
"OOCL - Chris Lytle has declared - has been about to many decades a business partner of virtue of the port of Long Beach. The historical agreement that we have signed today strengthens and continues this partnership for many decades to come. I cannot not evidence the importance of this understanding. The area of Middle Harbor constitutes the key for the future competitiveness of the port of Long Beach. In fact we define it our model for the "port of the future". And in this initiative we could not have a partner better than OOCL".
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