Oakland Port Container Volume Up 3.1% YTD
The Port of Oakland is a major container ship facility located in Oakland, California, in the San Francisco Bay, said that its loaded container volume from January through September increased 3.1 percent compared to the same period in 2018.The Port said that despite a dip last month, loaded exports are outpacing last year’s numbers.Loaded imports are up 3.5 percent and loaded exports are up 2.7 percent compared to the same January-September period in 2018.The Port attributed this…
Jan De Nul Starts Dredging for Mauritian Port
Jan De Nul group of the beginning of work on dredging and expansion on an internal ship canal and a turning circle in port of Nouadhibou (Mauritania), one of the largest centers through which iron ore from the country is exported, is told in the group message.With the deepening and widening of the 25-km long entrance channel to the mineral terminal of Port of Nouadhibou, the National Industrial and Mineral Authority of Mauritania (Société Nationale Industrielle et Minière or SNIM) opens the port for vessels with a capacity of up to 250…
DP World Becomes a Full Logistics Operator in Peru
DP World, a Dubai-based global port operator, announced that it has expanded its business in Peru into a fully-integrated maritime and logistics operation.It has completed the development of the first phase of the deepwater port of Posorja in Ecuador for around $538 million. The whole project is estimated to cost around $1.2 billion.The development of the port by DP World will make Ecuador a trade and logistics hub for South America’s west coast. It will also see large container ships with capabilities exceeding 10…
Panama Canal Reports Record FY 2019 Tonnage
The Panama Canal has closed the 2019 fiscal year (FY19) with a record tonnage of 469 million Panama Canal tons (PC/UMS), a 6.2 percent increase compared to FY2018.With this figure, the waterway exceeds the 450.7 million PC/UMS tons projection for FY2019, as well as the record tonnage of 442 million PC/UMS tons registered in the previous fiscal year. These record-setting results reflect the Canal workforce's commitment to efficiency and ongoing investments in infrastructure, which will allow the waterway to meet the growing demand and offer a reliable and safe service to customers.
Fitch: Growth Could Level Off for U.S. Transportation
Growth prospects remain healthy for all three major U.S. transportation segments heading into next year, though the trajectory figures to level off somewhat according to Fitch Ratings in its latest annual report. The broader economy is proving to be resilient thus far amidst increased recession talk. Factors more likely to curb the rate of growth are more sector-specific ion nature, according to Transportation and P3s group head Scott Zuchorski. "Aircraft safety is under increased scrutiny…
Deepwater Port Posorja 1st Phase Opened
The $538 million first phase of the new Deepwater Port of Posorja in Ecuador by global trade enabler, DP World, is now completed and successfully operational.The overall $1.2 billion project will replicate Dubai's Jebel Ali Port and freezone, making Ecuador a trade and logistics hub for South America's west coast, and opening a gateway for large container ships with capacities exceeding 10,000 TEUs.Sultan Ahmed Bin Sulayem, Group Chairman and CEO, DP World, visited the facility to assess progress of the project, which is one of the largest international investments in Ecuador.
Port of LA to Develop Cruise Terminal
The Port of Los Angeles has announced a development opportunity for an Outer Harbor Cruise Terminal at Berths 46 and 50, with plans to release a Request for Proposal (RFP) later this fall.The proposal is intended for cruise lines, terminal operators, and real estate developers interested in creating a new state-of-the-art cruise terminal in a prime location for expansion of west coast cruise travel at America’s busiest port. Located on the south end of an extensive LA Waterfront development, the proposed 13-acre site offers unique panoramic views of the coastline and Catalina Island.
KOTUG Wins Big in Port Hedland
With the successful start an important milestone has been reached in the execution of the contract to operate the tugboat fleet for Fortescue Metals Group (Fortescue) in Port Hedland, a bulk export port on Australia´s west coast. The fleet consists of eight new ART 85-32W and one RT80-32 Rotortugs. Six of them are Fortescue owned, three are owned by KOTUG, which are chartered directly to Fortescue. KOTUG manages the entire contract.Port Hedland in the Pilbara region of Western Australia, is the site of the highest tonnage port in Australia.
West Coast Ports Urge Trump to Address Trade War
The six largest West Coast ports — Port of Long Beach, Port of Los Angeles, Port of Oakland, Port of Portland, Port of Seattle and Port of Tacoma — sent a letter to President Donald Trump to pursue fair and mutually beneficial trade agreements.The letter highlighted their concerns that the long-term impacts of the escalating trade conflict between China and the United States will create irredeemable economic harm to employers, workers, residents and international partnerships…
Shea Awarded Annual Connie Award by CII
Some 300 transportation leaders packed a hotel ballroom Tuesday as the Containerization and Intermodal Institute presented its Connie Award to William J. "Bill" Shea, CEO of Direct ChassisLink Inc. (DCLI). J. Christopher Lytle, recently retired Executive Director of the Port of Oakland and former head of the Port of Long Beach, was given the group's Lifetime Achievement Award. The gala event was held at the Renaissance Hotel in Long Beach, CA.In his presentation remarks, Michal J.
BIMCO: Fleet Growth, Ship Size Up
Global growth in container volumes has picked up slightly in the second quarter of the year, with growth in the first seven months reaching 1.2%, compared to the just 0.8% in the first quarter.Global growth in container volumes has picked up slightly in the second quarter of the year, with growth in the first seven months reaching 1.2%, compared to the just 0.8% in the first quarter. Despite this rise, the growth figure remains substantially below what the industry has been used to…
Sture Terminal Situation Normalised
The fire in the engine room of the crude oil tanker Dubai Harmony moored at Equinor’s Sture terminal in Øygarden municipality on the west coast of Norway near Bergen has now been extinguished.At 1102 this morning, Equinor's alarm center received reports of a fire in the engine room on board Dubai Harmony, which was loading at the quay at the Sture terminal.The fire has now been extinguished and the fire service is continuing to cool the area where the fire took place.The 102 people who were at the Sture terminal were evacuated from the terminal when the incident occurred as a precaution…
Fire Reported on Tanker at Sture Terminal
A fire onboard an oil tanker at Norway's Sture crude export terminal has been put out, the fire service told Reuters on Friday.The fire broke out in the engine room of the Dubai Harmony tanker during loading at the Equinor oil terminal on Norway's west coast, according to rescue services and police.No one was injured, and the terminal's output was not affected by the incident, although there was a partial evacuation of staff."The head of the response team on the site confirms that the fire was put out at 1257 CET (1057 GMT)…
Panama Canal Signs MoU with Rotterdam Port
The Panama Canal and the Port of Rotterdam signed a Memorandum Understanding (MOU) to promote international trade between Europe and the West Coast of South America.Through this agreement, the two organizations will work closely to optimize operations while encouraging economic growth and the exchange of information on new business development opportunities, including logistics parks and port development projects."The Expanded Canal continues to reshape global trade routes today…
New Marina to “Breathe New Life” Into Swedish Harbor
AB Toftö, the owner of the old industrial harbor area of the town of Skärhamn located on the west coast of Sweden, has partnered with floating marina specialist company SF Marina build a high-quality, mixed-use marina at the picturesque location.Alex Buitenhuis, CEO of AB Toftö, commented: “We are excited to partner with SF Marina, who is a world leader of floating concrete breakwaters and pontoons. Toftö, in collaboration with local architects, wanted the marina and the entire wharf area to become part of a new, public space that would bring together visitors and residents, both old and new.
India's Ports on Alert for 'Underwater' Attacks
India's two main ports said on Thursday they had been warned by the coastguard and intelligence officials that Pakistan-trained commandos have entered Indian waters to carry out underwater attacks on port facilities.The Mundra Port, run by Adani Ports and Special Economic Zone Ltd, and the state-owned Kandla Port had asked their employees and ship operators to be vigilant, port officials and the ports said in advisories seen by Reuters.Tensions between India and Pakistan have escalated since India revoked the special status of its portion of the Himalayan region of Kashmir on Aug.
Port of Vancouver Sets Records
The Vancouver Fraser Port Authority, the largest port in Canada and the largest in the Pacific Northwest, has recorded new mid-year record for container volumes.Between January 1 and June 30, 2019, overall cargo through the port increased 0.5% to a record 72.5 million metric tonnes (MMT) over the same time last year, with new mid-year records in containers, potash, grain and cruise passengers.“This year’s record mid-year cargo volumes reflect what continues to be two of the Port…
JFC Acquires Ortega Submersibles
JFD, a part of James Fisher and Sons plc, acquired all the assets, IP and designs rights of Ortega Submersibles BV, a Netherlands-based submersible boat designer and manufacturer. The acquisition will enable JFD to expand further its offering of advanced Swimmer Delivery Vehicles (SDVs) and to develop new vehicles and capabilities in order to meet increased market demand for specialized small and medium-sized craft.JFD, through its subsidiary JFD Ortega BV, will retain Ortega´s…
Nansha Doubles Direct Sailings to Rotterdam
The deep-water port of Nansha in Guangzhou, a city of 15 million people in the vicinity of Hong Kong, has doubled the number of direct connections with North Europe and West Africa, following the arrival of the Elly Maersk.The Elly Maersk departed from Nansha for Rotterdam on 28 July; the first departure of the new 2M service, doubling the number of direct departures from Nansha to Rotterdam. The Ocean Alliance also already has direct connections with this fastest growing port in the south of China.Nansha port started international departures ten years ago…
Cargo Dips in July at Port of Long Beach
Tariffs continue to hamper trans-Pacific trade.Port of Long Beach cargo volumes last month were down from the previous July, when the number of containers moved through the harbor neared 700,000 twenty-foot equivalent units (TEUs).The July 2019 total, 621,780 TEUs, was 9.7% less than last year. Imports decreased 9.9% to 313,350 TEUs, and exports shrank 6.8% to 111,654 TEUs. Empties were 11% lower, at 196,777 TEUs.“The trade war is hitting the West Coast hard,” said Port of Long Beach Executive Director Mario Cordero.
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.
INSIGHTS: John F. Reinhart, CEO, Virginia Port Authority (VPA)
John F. Reinhart is the CEO and executive director of the Virginia Port Authority (VPA). He is responsible for the broad programmatic areas of business development and growth, strategic marketing, finance, and operations of Virginia’s marine terminal facilities: Virginia International Gateway, Newport News Marine Terminal, Norfolk International Terminals, Portsmouth Marine Terminal, Richmond Marine Terminal and the Virginia Inland Port.Under his leadership, the goal has been to…
McCorkle Named President, Yusen Terminals
Yusen Terminals LLC has announced that its Board of Directors has appointed Alan McCorkle as Chief Executive Officer effective August 1, 2019. He will assume the day-to-day leadership of the Company and will become a member of Yusen Terminal’s Board of Directors.Alan McCorkle joined YTI in 2014 as Vice President and was promoted to Senior Vice President of West Coast Operations for NYK Ports. He was responsible for all container terminal operations at Yusen Terminals in Southern California…
Port of Oakland Ready for Peak Season
Uncertainty clouds the peak season container shipping outlook with more threatened tariffs on Chinese imports to the U.S. looming. But the Port of Oakland said today that there’s no uncertainty about handling the annual August-November cargo rush.“The Port is operating efficiently, ships are getting in-and-out on time and cargo is moving without delay,” said Maritime Director John Driscoll. “We don’t see that changing in the coming months.”The Port said it wouldn’t project volume for shipping’s traditional highwater mark when imports increase to support holiday merchandising.
Oakland Port Uncertain on Shipping Outlook
Uncertainty clouds the peak season container shipping outlook with more threatened tariffs on Chinese imports to the U.S. looming, said the Port of Oakland.However, the container ship facility located in Oakland, California, in the San Francisco Bay, added that here’s no uncertainty about handling the annual August-November cargo rush.“The Port is operating efficiently, ships are getting in-and-out on time and cargo is moving without delay,” said Maritime Director John Driscoll.