AmericasDry CargoPorts and Logistics
Port of Oakland eyes dry bulk return
California’s Port of Oakland says that it is nearing a deal which will see the port return to bulk shipping operations for the first time in 20 years.
The port has commenced talks with Vancouver-based Eagle Rock Aggregates, who are seeking a vessel berth along with 20 acres of adjacent land at the port’s outer harbor terminal to ship sand and gravel to the port. Eagle Rock wants a 15-year lease for the berth.
“This is an opportunity for us to perhaps diversify our business,” said John Driscoll, Port of Oakland’s maritime director. “We’ve built the Port of Oakland to be a global gateway for containerised cargo but a steady, divergent revenue stream could be beneficial.”