Executive Briefings

Grand Alliance to Shift from Seattle to Tacoma

The game of musical chairs in the Pacific Northwest will continue this summer when Grand Alliance carriers NYK Line, Hapag-Lloyd and Orient Overseas Container Line leave the Port of Seattle and move to Tacoma.

NYK Line had announced in 2009 that it intended to move to Tacoma in 2012 when its lease in Seattle was set to expire. Now the other two Grand Alliance lines have announced they will join NYK in the move to the Washington United Terminals in Tacoma.

Tacoma's container volumes were down the past two years because Maersk Line left the port in 2010 and moved to Seattle. Since then, Seattle's volumes have been rising. Beginning this summer, Tacoma should experience growing container volumes.

The move is expected to occur in July.

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NYK Line had announced in 2009 that it intended to move to Tacoma in 2012 when its lease in Seattle was set to expire. Now the other two Grand Alliance lines have announced they will join NYK in the move to the Washington United Terminals in Tacoma.

Tacoma's container volumes were down the past two years because Maersk Line left the port in 2010 and moved to Seattle. Since then, Seattle's volumes have been rising. Beginning this summer, Tacoma should experience growing container volumes.

The move is expected to occur in July.

Read Full Article