In a move signaling the long-term confidence of the Port of Oakland’s strategic plan, SSA Terminals has signed an agreement to maintain its operations there well past the current lease expiring in 2027.
Indeed, according to the port, the deal includes options which could keep the global terminal operator there until 2042.
SSA is the largest marine terminal operator in Oakland. OICT, the nation’s second-busiest marine terminal, handles about 60 percent of the port’s total containerized cargo volume. SSA also operates Oakland’s Matson Terminal, which is included in the new lease.
