Interview: Sam Ruda, Director, Port of NY/NJ
Ports are economic engines for the regions they serve, and the impact from business activities at the Port of New York/New Jersey runs as big as the area it serves: 46 million consumers in a four-hour radius. The port is an economic giant in and of itself, providing for nearly a half a million jobs, a cumulative $35 billion in personal income and a cumulative $98 billion in business income. Sam Ruda, Director, Port NY/NJ, discusses a record 2019, continued investment in infrastructure…
Lombardi to Succeed Blust as IICL President
Trade association the Institute of International Container Lessors (IICL) announces that Dennis Lombardi will become president of the association, effective January 1, 2021. Lombardi replaces Steven R. Blust, who will be retiring from his role as president, but will stay on with IICL as a senior advisor. “Dennis Lombardi brings to this position the right balance of operations expertise, business acumen and extensive experience as an active advocate for the industry. We are confident he will serve as a strong leader who will guide the organization as the industry continues to evolve…
Alibaba Group and Zim Partner on Sea Freight
Alibaba Group Holdings and Israeli shipping group Zim have entered a strategic cooperation agreement for the direct purchase of sea freight, which will improve logistic services to merchants selling on Alibaba, Zim said on Monday.Zim said it will provide sea freight and services through a direct interface with the e-commerce giant’s logistics platform.The companies have been cooperating since earlier this year, the shipper said in a statement.Zim is 32% owned by Kenon Holdings.(Reporting by Ari Rabinovitch; Editing by Tova Cohen)
MARAD Awards $220 Mln in Port Infrastructure Grants
More than $220 million in discretionary grant funding has been awarded to improve U.S. port facilities in 16 states and territories through the Maritime Administration’s (MARAD) Port Infrastructure Development Program, U.S. Department of Transportation Secretary Elaine L. Chao announced Thursday.“This $220 million in federal grants will improve America’s ports with nearly half the projects are located in Opportunity Zones, which were established to revitalize economically distressed communities,” said U.S. Secretary of Transportation Elaine L.
CMA CGM Resumes Online Services After Cyber Attack
CMA CGM, the world’s fourth-largest container shipping group, said it has restored its online business services after a cyber attack last month paralyzed activity.France-based CMA CGM first reported the incident on September 28, saying it had shut down access to its online services after malware targeted its peripheral servers.“The CMA CGM Group’s e-commerce sites are once again live with all their main functionalities up and running,” the company said in a statement on Sunday. “Applications and essential functionalities are now operational and secured.”In a separate incident, U.N.
Port Milwaukee Director Tindall-Schlicht Honored by AntwerpXL
Leaders of an international shipping conference have named Milwaukee’s Port Director, Adam Tindall-Schlicht, as an AntwerpXL 40 Under 40 honoree. The award showcases rising stars, under the age of 40, in an important sector of marine commerce.AntwerpXL is a major conference focusing on breakbulk shipping – that is cargo not transported in containers. Port Milwaukee is a significant destination for breakbulk on the Great Lakes.This award is designed to identify and celebrate younger players within the industry…
On Watch: International Coalition Monitors, Protects Middle East Shipping Lanes
The International Maritime Security Construct (IMSC) was created July 2019 as a way to deter unprofessional behavior in the waters of the Middle East region through its operational arm, Coalition Task Force (CTF) Sentinel.The IMSC comprises eight nations – Albania, Australia, Bahrain, Saudi Arabia, Lithuania, United Arab Emirates, United Kingdom and United States – who deploy personnel, ships and aircraft throughout the region as part of the international surveillance and detection effort.Since establishing CTF Sentinel…
Panama Canal Launches Tender for Water Management System
The Panama Canal will implement water management solutions to improve the quantity, quality and control of its water supply, which it says is "a critical priority" as it continues to grapple with constrained water levels.As a result of climate variability, the Panama Canal watershed experienced its fifth driest year in 70 years in 2019. This unprecedented drought constrained water levels severely at Gatun and Alhajuela Lakes, the main sources of water for the Canal and half of Panama's population.
CMA CGM Sees Strong Shipping Rebound After Coronavirus Storm
Container shipping group CMA CGM on Friday reported higher second-quarter profits and said it expects results to improve again in the current quarter as the shipping sector recovers quickly from disruption caused by the coronavirus pandemic.French-based CMA CGM recorded a net profit of $136 million for the second quarter compared with a year-earlier $109 million loss.Core earnings before interest, tax, depreciation and amortisation rose 26% to $1.2 billion as favourable freight rates and reduced costs, linked to lower oil prices and an efficiency programme, offset a drop in sales caused by the
Chinese Buyers Snap up Indian Steel in Face of Trade Tensions
India's steel exports more than doubled between April and July to hit their highest level in at least six years, boosted by a surge of Chinese buying in defiance of tensions between Beijing and New Delhi.Traders said reduced prices had driven the purchases as Indian sellers sought to get rid of a surplus generated by the impact of COVID-19 on domestic demand and generate much-needed income.It was unclear whether the sales broke any trade rules, but the China Iron and Steel Association…
Port of Baltimore Sets Cargo Moves Record
The Helen Delich Bentley Port of Baltimore’s Seagirt Marine Terminal topped its record for most container moves from a single ship.The 5,536 container moves conducted by longshore workers handling the Maersk Edinburgh over three days was the largest number of moves for a single ship in the port’s 314-year history, surging past the previous record of 5,181 moves set last year.“This record container activity is a significant milestone for the Port of Baltimore and a sign that the maritime shipping industry is coming back and fueling Maryland’s economic recovery,” said Governor Larry Hogan.
Interview: Tracy Zea, President & CEO, Waterways Council Inc.
We recently checked in with Tracy Zea, Waterways Council Inc.’s new President & CEO, on what’s in store for the U.S. inland waterways for the remainder of 2020.To start, give us some insight on your background and how you came to lead WCI.I was born and raised in Chandler, Ariz., and attended South Dakota State University, receiving a degree in Political Science. After college, I found my way to Washington, D.C. via an internship with Senator Thune (R-S.D.). After the internship, I was hired by the House of Representatives, Transportation and Infrastructure Committee.
Lower Mississippi River to be Deepened to 50 Feet
The ports at Baton Rouge, New Orleans, South Louisiana, St. Bernard and Plaquemines are slated to have deep draft access after Louisiana Gov. John Bel Edwards and other state officials signed a formal agreement with the U.S. Army Corps of Engineers Friday to begin construction on the deepening of the Lower Mississippi River to 50 feet from 45 feet. The overall project will provide a draft of 50-feet from the Port of Baton Rouge to the Gulf of Mexico over 256 miles of the Mississippi River.
Op/Ed: Federal Support for Ports is Critical
Florida’s seaports are one of the state’s greatest economic assets, positively affecting every region and every resident. Our seaports have a $117.6 billion economic impact across Florida and account for more than 900,000 direct and indirect jobs, while linking our communities to vital national and international markets.During the COVID-19 crisis, ports across the country have sustained mounting losses. Ports that specialize in moving hard-hit cargoes like steel and automobiles, or depend on tourism and cruise ships are also particularly vulnerable.
Congress Responds to COVID19 and Other Challenges for the Maritime Industry
In response to the worldwide COVID-19 pandemic, the Congressional Research Service released a report that stated global economic growth has declined by 3% to 6% in 2020 with a partial recovery predicted for 2021. Also, the GDP of the U.S. has fallen by 5% in the first quarter 2020. According to the International Maritime Organization (IMO), the maritime industry, and seafarers themselves, have not been able to escape the significant effects of this crisis.All sectors of the maritime industry have been adversely affected by the global pandemic.
US Ports Seek COVID-19 Relief
America’s port authorities are advocating for relief to manage the “extremely negative impacts” on the seaport industry brought on by the coronavirus pandemic as U.S. policymakers begin negotiations on the next COVID-19 aid package.Among the port leaders’ advocacy efforts are letters sent Friday to U.S. House, Senate and Administration leaders, urging them to provide $1.5 billion for seaports to cover business-critical expenses that ports have incurred due to COVID-19. The letters…
Jones Act Does Not Raise Cost of Living in Hawaii -Study
The Jones Act has no significant impact on the cost of living in Hawaii, according to a recent report produced by economists from Boston based Reeve & Associates (Reeve) and Hawaii based TZ Economics.“The Impact of the Jones Act on Hawaii” also found that freight rates in the U.S. mainland-Hawaii trade lane have declined in real terms over the last 10 years, while the Jones Act has delivered positive and substantial economic contributions, including job creation, new infrastructure investments…
Port of Oakland Votes Cluver as President
Alameda County labor leader Andreas Cluver has been elected President of the Port of Oakland’s governing Board. The seven-member Board of Port Commissioners chose Cluver at a special meeting this week. Oakland Chamber of Commerce President and CEO Barbara Leslie was elected the Port Board’s First Vice President. Commissioners selected well-known Oakland architect Yui Hay Lee as Second Vice President.Cluver succeeds Ces Butner who had been Board President for the past two years.
US Great Lakes Ports See Mixed Impacts from COVID-19
U.S. Great Lakes ports reported mixed results in June with aluminum, road salt and grain shipments holding strong despite the coronavirus pandemic, while shipments of commodities related to steel production and manufacturing have continued to slide.Additionally, the St. Lawrence Seaway reported that from April 1 to June 30, nearly 11.7 million metric tons of cargo was shipped via the bi-national trade corridor. While these volumes were down 8% compared to the same time period in 2019, cargo shipments improved in June narrowing the year-over-year decline.Craig H.
Carnival Makes Leadership Changes at HAL, Costa
Carnival Corporation announced another set of moves within its global leadership team as part of the company's broader efforts to streamline operations and prepare the organization for the eventual resumption of cruising amid the coronavirus health crisis.Gus Antorcha, currently chief operations officer for the group's Carnival Cruise Line brand, has been named president of the company's Holland America Line, while Neil Palomba, currently president of the company's Italy-based Costa Cruises…
COSCO Teams up with Alibaba on Shipping Blockchain
COSCO SHIPPING has signed a cooperation agreement with e-commerce company Alibaba and its FinTech affiliate Ant Financial to digitalize the shipping supply chain.The Chinese firms will research and promote the deployment of shipping blockchain in China, working to facilitate the connection of shipping, ports, logistics and finance based on the technology, and to realize data connectivity through cross chain cooperation to build a platform for systematic cooperation between the upstream and downstream industrial chains.
Port of Rotterdam to Trial PIN-free Container Handling
This week, various parties in Rotterdam will be launching a new pilot project, in which containers are handled and released without a PIN code: a widely used verification method in this transport segment. The project revolves around a new application, Secure Container Release, which replaces the PIN code with a digital signal: a solution that is significantly less susceptible to fraud. It is not only intended to make container handling more efficient, but also safer. Participants in the three-month trial include CMA CGM…
US Urges China to Accelerate Purchases of American Goods
The U.S. Chamber of Commerce on Thursday underscored the importance of functional U.S.-China ties and urged Beijing to step up its purchases of U.S. goods and services as agreed under a Phase 1 trade deal despite delays caused by the coronavirus.The Chamber said the pandemic had clearly slowed progress for both governments, but there were reasons to be hopeful. It also welcomed regular talks between the world's two largest economies on implementation of purchases, intellectual property reforms and other issues covered by the trade deal.“Implementation is critical.
Waterways Council, Inc.’s 2020 Vision
Waterways Council, Inc. (WCI) is the national public policy organization that advocates for a modern, efficient inland waterways system. Abiding by our mission has meant success over our 17-year history. In 2020, WCI’s top priority is to conform the cost-share for Inland Waterways Trust Fund (IWTF)-financed construction projects to require 25% of the project cost be derived from the IWTF and the remaining 75% from General Revenues. The policy vehicle for this adjustment is the Water Resources Development Act (WRDA)…
MARAD Awards $9.5 Mln for Marine Highways Projects
The U.S. Department of Transportation’s Maritime Administration (MARAD) awarded $9.5 million in grants to eight marine highways projects across the Nation under the America’s Marine Highway Program. The funding supports the enhancement of navigable waterways and expands existing waterborne freight services in Illinois, Indiana, Kentucky, Louisiana, New York, New Jersey, Oregon, Tennessee, Washington and American Samoa.“This Federal assistance will provide additional options to reduce congestion on the roads and help the surrounding local communities’ and the regions’ economic recovery…
COVID-19 & the US Workboat Market: Business Continuity, Not Business as Usual
In today’s environment, the overarching challenge for the American tugboat, towboat and barge industry is to continue transporting the vital commodities that help keep our nation’s economy moving during a highly uncertain time, while taking all necessary measures to ensure the health and safety of our workforce as the COVID-19 pandemic continues to evolve – in other words, to ensure business continuity, while recognizing we are not, nor can we be, going about business as usual.