Long Beach Officially Launches $1.2 Billion Middle Harbor Expansion Project
The Port of Long Beach officially launched its $1.2 billion project to build an advanced terminal that will feature modern and clean technologies to move cargo. The Middle Harbor project, just across a narrow slip from the Long Beach Container…
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Terminal, is part of a 40-year, $4.6 billion agreement under which the Port will lease to OOCL and LBCT the redeveloped terminal (see ITT Online Archives [Ref.12040514]). The event May 14 included a ceremonial lease signing. The Middle Harbor modernization project will combine two older facilities, LBCT's existing terminal and a nearby, vacated facility, into one container terminal that officials said will reduce air pollution by half even as trade could more than double. As the project progresses, Long Beach Container Terminal, the local subsidiary of OOCL, will expand from its current 90-acre facility to the new, 304-acre terminal with the ability to berth the largest modern ships.