Port Of Seattle Releases Ambitious Expansion Plan

According to a container plan recently released, container volume at the Port of Seattle is rising rapidly enough that the port will have to invest an average of $30 million a year in new and expanded terminals.

The new container plan forecasts that Seattle's volume will rise from just over 1 million 20-foot equivalent units in 1990 to between 1.56 million and 1.89 million TEU's by the end of the decade. Box counts probably would rise to 2.08 million to 2.53 million TEUs by the year 2010, the forecast says.

The lower end of the range stems from projections using Seattle's current market share. The higher number assumes that Puget Sound increases its share of the market by 5 percent.

The final draft of the plan calls for expansion of existing terminals and purchases of more container space in three areas—the Elliott Bay waterfront just south of downtown Seattle, on Harbor Island and in West Seattle.

Other stories from November 1991 issue


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