CHICAGO, Feb 1 (Reuters) – Outer Harbor Terminal LLC filed for Chapter 11 chapter safety on Monday, two weeks after terminating its lease held in a three way partnership with Ports America.

Last month, Ports America, one of many largest marine cargo operators within the nation, mentioned it was shifting its enterprise from the Oakland port to different cities alongside the West Coast, together with Los Angeles and Long Beach.

Related: Ports America’s West Coast Strategy Dumps Oakland Port

In a Chapter 11 petition filed in U.S. Bankruptcy Court in Delaware, Outer Harbor Terminal, which operates a part of the Oakland port, listed each property and liabilities of between $100 million and $500 million.

The Port of Oakland, situated on the shore of San Francisco Bay, was one of many first ports on this planet to specialise in intermodal container operations. (Reporting by Tracy Rucinski; Editing by Jonathan Oatis)

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