14. NEXT SLIDE INSTITUTIONAL ASPECTS OF U.S.PORTS
According to data from the World Bank 88 out of 100 major ports in the world are “Landlord Ports”. This is one type of institutional arrangement that Japan's Ministry of Transport may consider in the deregulation of ports and harbors.
In the United States and Canada, all the major ports are Landlord Ports in that they own and lease out for operations all of their container terminals. Most of the landlord ports in the United States have a construction/lease arrangement for container terminal projects. These tend to be partnership or joint efforts, using the definition of “landlord port”. APL's Container Terminal #300 at Port of Los Angeles is a good example. The Port entered into an agreement with APL to build a terminal to APL's specifications on Port land and when completed the terminal was leased for a long term to APL. As part of the negotiations and agreement, the Port required that APL buy/own the cranes and some other handling equipment. Other container terminals examples that were constructed/leased in almost an identical process include newly constructed terminals built in LA and Long Beach the Port of Tacoma's Sea-Land terminal and many others. Currently, the Port of Tacoma is building a $60 million terminal for lease to Hyundai. Under the terms of the lease, Hyundai will start with a 50-acre terminal and a dockside intermodal rail yard. A total of 10 acres will be added to the terminal within the first five years, and Hyundai has the option to expand the terminal to 100 acres.
15-16. NEXT SLIDES U.S. WEST COAST PORT COMPETITION
From the standpoint of container terminals, on the West Coast there are six major landlord ports (Seattle, Tacoma, Oakland, Los Angeles, Long Beach and Vancouver, BC) and one operating port (Portland, OR).
17. NEXT SLIDE WEST COAST TEUs
Container volumes at most major West Coast ports are currently above the one million TEU mark (with exception of Portland and Vancouver) and handle roughly one-half of all containerised cargo that moves into or out of the United States. The ports of Long Beach and Los Angeles handle about a third of the United States' container trade while the Pacific Northwest ports of Seattle and Tacoma handle about 10%, Oakland handles about 6%, and the balance is split between the US East and Gulf Coast.
