Retail Imports at Near-Record Levels Despite Tariffs
Imports at the nation’s major retail container ports are expected to continue at near-record levels this month and the remainder of the year despite a new round of tariffs on goods from China, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.“Even with virtually everything American imports from China soon to be subject to tariffs, it isn’t quick or easy for retailers to change their supply chains,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.
Shanghai Ports Tops in Connectivity
The Shanghai port has topped UNCTAD’s 2019 ranking of the world’s best-connected ports, released yesterday (7 August).The Chinese port garnered a connectivity score of 134 points, followed by the ports of Singapore (124.63 points), Pusan (114.45 points) in Korea and Ningbo (114.35 points), also in China. The index is set at 100 for the best-connected port in 2006, which was Hong Kong, China.Besides the Asian ports, the other ports on the top 10 list are those of Antwerp (94 points) in Belgium and Rotterdam (93 points) in the Netherlands.
Trade Fears Drag Stocks, Yuan at 10-Year Low
NEW YORK, Aug 5 (Reuters) - Stock markets around the world fell hard on Monday on fears that China's willingness to let the yuan slide in response to the latest U.S. tariff threat could further aggravate trade-related tensions between the world's two largest economies.China on Monday let the yuan tumble beyond the 7-per-dollar level for the first time in more than a decade, in a sign Beijing might be willing to tolerate further currency weakness after U.S. President Donald Trump vowed last week to impose 10% tariffs on the remaining $300 billion of Chinese imports from Sept.
Ramping (Up) to Lift Port Production
As North America’s larger ports continue to increase capacity, dredging and air drafts are receiving the attention they deserve. As bigger post-Panamax boxships begin to arrive, none of that means anything unless truck turn times and TEU moves per hour can be improved. The innovative and evolving supply chain of cranes is the ultimate answer.As 2019 passes its midpoint, the backlog 2019, one firm, Shanghai Zhenhua Heavy Industry Co., Ltd. (ZPMC), a global heavy-duty equipment manufacturer listed on the Shanghai Stock Exchange…
SHORTSEA SHIPPING: All the Right Moves (Finally)
Marine Highways Gain Traction in the Intermodal Supply Chain.In the United States, landside infrastructure is at a crisis point. Congestion at the big hub ports, exacerbated by imperfect intermodal interfaces with surface transport serving cargo hinterlands is at the heart of the matter. As politicians bicker over a possible infrastructure package, the Highway Trust Fund, funded by taxes on gasoline and diesel fuel, has continued its downward journey towards further deficits (now $144 billion). And, where countless U.S.
Storm Approaching: Firms Fear IMO's 2020 Rules
U.S. furniture company RC Willey Home Furnishings is so concerned that new global clean air rules will cause transport disruption that it brought forward the shipment of arm chairs and sofas from China by two months.The tougher regulations, set by the United Nations shipping agency, the International Maritime Organization (IMO), come into force on Jan 1. Costs will rise for ships towards the end of this year and there will be a knock on effect for trucks and other transporters…
CONTAINER PORTS: Boxed in or Busting Out?
Benchmarking the Nation’s top container ports in 2018 and looking ahead to what comes next.The nation’s major ports finished 2018 and began 2019 setting monthly and yearly container volume records, but agitated trade activity in the White House raised questions about what corrections would be permanent and which would not.President Donald Trump said on Febuary 24 he is delaying the scheduled March 1 increase in the tariffs on $200 billion in Chinese imports. The president said on Twitter he wants to give negotiators more time to reach a comprehensive trade deal with Beijing.
New Savannah-Central America Route
The Port of Savannah welcomed its first Seaboard Marine vessel Wednesday. The new shipping line customer supports Savannah's cold chain logistics system with one new service to Central America, and a second to Latin America and the Caribbean.The ocean carrier's first service to Savannah links the Southeastern U.S. to northern Central America, with Georgia exports centered on frozen poultry and imports composed largely of perishables and apparel produced in Guatemala, El Salvador…
Shipping Firm Fined $4M for Pollution Violation
$1 Million Will Go to Projects that Support Cleanup of Marine Pollution, Preservation of Aquatic Life, and Restoration of Shorelines around Newark Bay.A shipping company based in Italy today admitted discharging oily waste and other pollutants into the sea and then lying about it, U.S. Attorney Craig Carpenito and Assistant Attorney General Jeffrey Bossert Clark announced.The company, d’Amico Shipping Italia S.p.A., pleaded guilty before U.S. District Judge Susan D. Wigenton in Newark federal court to an information charging it with violating the Act to Prevent Pollution from Ships.
US Navy's MSC Opens Center for Excellence
Military Sealift Command hosted a ribbon cutting ceremony to signify the opening of its new Center for Excellence located on Joint Base Langley-Eustis, March 25.The Military Sealift Command Center for Excellence provides MSC-centric basic training for newly employed civil service mariners (CIVMAR).“Ultimately, the new Military Sealift Command Center for Excellence is replacing the MSC training center in Earl, New Jersey,” said Military Sealift Command Total Force Management Director Mike Morris, who co-officiated the ribbon cutting ceremony.
Senate EPW Committee Hearing Testimony for AAPA CEO Nagle
The hearing will be in Room 406 of the Dirksen Senate Office Building, Washington, D.C. Its purpose is to consider the Diesel Emissions Reduction Act (DERA) of 2019, and to hear input from stakeholders about implementation of the DERA program.In his prepared remarks, Kurt Nagle shares examples of several ports that have received DERA grants, including the latest one last month in which the EPA awarded a DERA grant of $400,000 to the Alabama State Port Authority to replace a 1982 locomotive with a Tier IV locomotive engine.
Imports at Annual Low on Seasonal Lull, Tariff Worries
With the retail industry in its annual lull between seasons and plans for a tariff increase on hold, imports at the nation’s major retail container ports are expected to drop to their lowest level in almost a year this month, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.“Now that the holiday season is over and summer has yet to crank up, this is the quiet time of year for retail supply chains,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.
Seafarers’ House to Honor AMO's Doell
Paul Doell, National President of the American Maritime Officers (AMO), has been selected as the recipient of Seafarers’ House International Golden Compass Award for 2019.The award is given each year to those who have achieved distinction in the maritime world, those whose vocation or avocation has been the sea, or those who have ministered to or otherwise assisted seafarers.Doell, who heads the nation’s largest union of licensed seagoing professionals, has served the organization for 47 years.
U.S. Army Corps Selects 10 Beneficial Use Pilot Projects
At the end of December, the U.S. Army Corps of Engineers (ACE) announced its selection of ten dredging projects that will form the core of a pilot program to advance the beneficial use of dredged material.The recent U.S. Army Corps of Engineers’ announcement culminated a program required by Congress, established within the Water Resources Development Act (WRDA) of 2016, specifically Section 1122. Congress directed that the ten pilot projects selected were required to present environmental…
Maersk, PBF Logistics in Low Sulfur Fuel Deal
Maersk and PBF Logistics LP announce agreement for production and storage of 0.5% sulphur fuel on the U.S. East CoastPBF Logistics terminal facility in New Jersey to deliver approx. 10% of A.P. Moller – Maersk’s annual fuel demand as Maersk continues preparations for the International Maritime Organization’s (IMO) 2020 global sulfur regulation.A.P. Moller - Maersk and PBF Logistics LP announced an agreement for Maersk to source and PBFX to process crude oil at CPI Operations LLC…
Maersk Acquires Customs Broker Vandegrift
Danish shipping giant A.P. Moeller-Maersk A/S has acquired Vandegrift, a US-based customs house broker, as the ocean container line pushes further into land-based logistics services and operations. This is the first acquisition of the year in the fast-growing logistics sector.“Vandegrift’s expertise and reputation enables us to place a trusted advisor in front of our customers to design and build individualized Customs Brokerage and Compliance programs that identify risk and provide solutions.
BIMCO: US Box Imports Break Records Despite Uncertainty Ahead
Container imports on both the US East Coast (USEC) and West Coast (USWC) had a strong year in 2018, growing 3.7% and 8% respectively in the first 11 months of the year compared to the same period in 2017.Record high levels of inbound laden containers were experienced on both coasts in October with the USWC at 1.09 million TEU and the USEC at 0.91 million TEU according to BIMCO’s own data.The first two months of 2018 saw the USWC coast’s laden imports increase 11.7% from the start of 2017, with the accumulated growth rate then stabilising to around 4% for the rest of the year.
NY-NJ Port to be First to Use Electric Straddle Carrier in the US
The Port Authority of New York and New Jersey will conduct the first test at a U.S. port of an electric vehicle to move cargo containers by the end of this year.According to a press release from the port authority, this initiative is to meet aggressive targets for greenhouse gas emissions reductions set forth in the Paris Climate Agreement.A straddle carrier is a piece of terminal yard handling equipment that is used to move cargo containers by first straddling the container and then lifting it up and driving over the back of a truck to place the container on the chassis…
Kalmar to Deliver Straddle Carriers to Maher Terminals
The marine industry equipment manufacturer Kalmar is to deliver a further order of straddle carriers to Maher Terminals LLC for use at their marine container terminal located in the Port of New York and New Jersey.According to a press release from Kalmar, part of Cargotec, the order of 26 straddle carriers was booked in Cargotec's 2018 second quarter order intake, and delivery is scheduled to take place during Q1 of 2019.Maher Terminals is one of the largest privately held, multi-user container terminal operators in the world.
14 Port-related Projects Awarded BUILD Grants
U.S. Transportation Secretary Elaine L. Chao has (Dec. 11) announced $1.5 billion in discretionary grant funding to 91 projects in 49 states and the District of Columbia. The grants, 14 of which will go to port-related projects, are made through the Better Utilizing Investments to Leverage Development (BUILD) Transportation Grants program and support road, rail, transit, and port infrastructure projects across the country.Port-related projects will receive a total of $229.23 million…
NRF: Retail Imports Slowing but Remain Strong For Now
Imports at the nation’s major retail container ports have slowed down from their pre-holiday peak but remain at unusually high levels as retailers continue bringing in merchandise before tariffs increase in January, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.“Imports have usually dropped off significantly by this time of year but we’re still seeing numbers that could have set records in the past,” NRF Vice President for Supply Chain and Customs Policy Jonathan Gold said.
Seabury Maritime Expands Executive Team
The global maritime and transportation investment bank and industry advisory Seabury Maritime PFRA (SMPFRA), a division of Seabury Capital Group, announced the appointment of Fernando Lehrer as Executive Director, Head of Marine Services, and Nikos Petrakakos as Vice President, Head of Maritime Environmental Innovation.Lehrer and Petrakakos are joining the SMPFRA’s leadership to further advance the company’s strategy to provide an integrated platform to its clients that delivers…
TRAC Intermodal Named a Best Chassis Provider
The Association of Bi-State Motor Carriers has recognized TRAC Intermodal as both the Best Overall Chassis Provider in the Port of New York-New Jersey and for Outstanding Customer Service for the third consecutive year. James Bowe, TRAC Intermodal’s Senior VP and Chief Commercial Officer, also received the Dick Jones Award for Outstanding Assistance and Customer Service.When presenting the award, Bi-State Motor Carriers President Jeff Bader acknowledged that, "providing drivers with reliable…
Port Everglades Names Jenkins Port Security Manager
Port Everglades has appointed Robert “Rob” Jenkins to the position of Port Security Manager, a promotion from Security Compliance Manager.In his new position, Jenkins will be responsible for overseeing security and fire rescue operations and management for the Port, as well as facilitating related contracts, grants and funding. Additionally, he will interface with federal, state and local regulatory agencies that operate in Port Everglades.Jenkins joined the Port staff in 2013.
American P&I Club Manager Prepares for Further Growth
Shipowners Claims Bureau, Inc. (SCB), the Manager of the American P&I Club, has recently announced a series of appointments designed to service the Club’s growing membership and help fulfil longer-term goals of continued expansion. The American Club has grown its membership substantially over recent years, tonnage having increased by some 25 percent over the past 24 months, and these appointments are intended to consolidate the Club’s continuing service capabilities in the future.The…
GCT Bayonne Welcomes the ONE Stork
GCT USA has welcomed the Ocean Network Express’ (ONE) first magenta ship on its first dual call to the most advanced terminal in the Port of New York and New Jersey, GCT Bayonne.Following the merger of NYK Line, Mitsui OSK, and “K” Line on April 1, 2018, ultra large container ship (ULCS) ONE STORK joined the Transport High Efficiency (“THE”) Alliance’s EC4 Asia-North America all-water Suez service on its maiden voyage to the East Coast.THE Alliance chose to host all of its Far East all water services at semi-automated GCT Bayonne, due to its award-winning high marine and landside productivity.