Port of Portland managers want to lease Terminal 6, Oregon’s only container-shipping yard, to a company from the Philippines that manages numerous terminals abroad.
International Container Terminal Services Inc., based in Manila, can do a better job running the Columbia River terminal that ships and receives cargo worldwide, the managers say. Port officials confirmed the lease proposal Monday after an inquiry from The Oregonian but said they would not make the terms public until later this week.
Port commissioners will consider the proposal during a public meeting at 9 a.m. May 12 in the Port’s new headquarters at 7200 N.E. Airport Way.