The Port of Portland, Oregon’s sole ocean-going seaport, has presented a revised business plan to Governor Tina Kotek as part of a state-backed effort to rescue its struggling container terminal operations. Currently losing over $12 million annually, the port aims to double its container volume in the next five to seven years with state support, which includes $40 million in future funding from Governor Kotek. Initially facing a suspension of operations due to financial losses and failed private negotiations, the port reversed its decision after Kotek committed to stop-gap funding and long-term investments in the state budget. The port, vital for Oregon’s businesses by handling goods like seafood, grain, and building supplies, has struggled with issues such as limited river depth and past labour disputes. The port plans to negotiate new shipping rates and labour efficiencies and hopes to increase container volume by 10 percent next year. With immediate and future state support, the port aims to cut its annual losses and ensure its ongoing viability.