Portland Spirit Cruises & Events has ended contract negotiations with the Port of Cascade Locks (Oregon) to operate the Columbia Gorge Sternwheeler after a deadline was not met for an agreement on a long-term contract that included a repower of the vessel by 2024.
The current agreement, set to end on Saturday, Dec. 31, states that Portland Spirit will pay the Port of Cascade Locks a monthly concession fee regardless of gains or losses in revenue, provide a commission on sales when revenue exceeds a certain amount, and make cash contributions to the Cascade Locks Historical Museum and the Port of Cascade Locks’ annual fireworks show, according to a news release.