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Article: NYK LINE MOVE TO TACOMA A BLOW TO SEATTLE PORT AGREES TO BUILD 168-ACRE TERMINAL.(Business)
- Article from:
- Seattle Post-Intelligencer
- Article date:
- July 27, 2007
- Author:
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Byline: NEIL MODIEP-I reporter
The Port of Tacoma is snatching away one of the Port of Seattle's oldest container shipping customers by agreeing to build a $300 million, 168-acre terminal for Tokyo-based NYK Line.
Seattle port officials reacted bitterly to Thursday's surprise announcement, accusing their neighbor port of inflicting "a very serious blow to the relationship between Seattle and Tacoma" and terming it "another case of Tacoma expanding at Seattle's expense."
However, Port of Tacoma Executive Director Tim Farrell said that if NYK weren't acquiring its own terminal at his port, it would be likely to move to another West Coast ...