Ports News

 

Long Beach Weighs Offer for Hanjin Terminal

Dec 21, 2016

The Long Beach Board of Harbor Commissioners will consider a proposal by a terminal investor to take over a majority stake in a long-term lease to operate the largest container terminal in the Port of Long Beach. If approved, the pact could…

Big Slowdown for US Coal Exports -BIMCO

Dec 21, 2016

Since Q1 2013, the significance of U.S. coal exports has seen a considerable setback, with 2016 achieving the same levels as 2009. This is due to the long-haul routes carrying coking coal from the U.S. East Coast and U.S. Gulf Coast to East Asia…

UN Port Data Project Gathering Steam

Dec 21, 2016

The United Nations Conference on Trade and Development's (UNCTAD) port data project is gaining momentum, with 13 new ports signing on in November 2016. This brings the total to 42 participating ports from Africa, Asia, Latin America and Europe…

Hanjin Sells US Terminal Stake to MSC

Dec 20, 2016

South Korean ocean carrier Hanjin Shipping Co. signed a deal to sell its stake in the U.S. port operator that runs Long Beach, Calif.’s, biggest container terminal to Mediterranean Shipping Co. (MSC), reports WSJ. Hanjin, which for bankruptcy protection in August…

CMA CGM PAD Service to Add a Direct Call at Brisbane

Dec 20, 2016

CMA CGM has informed that Brisbane, Australia, will be added to the rotation of its PANAMA DIRECT (PAD) service as from m/v HARMONY N voy. 081RPS-082RPN, ETA Brisbane on February 1st, 2017. This new call will allow PANAMA DIRECT to become…

New 30-year Master Plan for Port NY/NJ

Dec 20, 2016

A new long-term port master plan for the Port Authority of New York New Jersey (PANYNJ) is being developed by Hatch, for the development of the infrastructure hub’s 3,000-plus acres of cargo-related property, including all all PANYNJ port facilities…

Great Lakes/Seaway Iron Ore Trade Up in November

Dec 20, 2016

Shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 5.5 million tons in November, an increase of 13 percent compared to a year ago, Lake Carriers’ Association (LCA) reported. Shipments were also slightly ahead of the month’s five-year average…

“K” Line Launches China Vietnam Indonesia Service

Dec 20, 2016

KAWASAKI KISEN KAISHA, LTD. (“K” Line) has  announced its new containership service of “China Saigon Indonesia Services (CSI)”.  The service will have direct port coverage from China to Ho Chi Minh, Vietnam and Indonesia, ensuring faster transit times to Ho Chi Minh…

COSCO, HPH Terminal Deal in Hong Kong

Dec 19, 2016

Hongkong International Terminals Limited (HIT), COSCO-HIT Terminals (Hong Kong) Limited (CHT), and Asia Container Terminals Limited (ACT) have entered into a formal collaboration for the co-management and operation of 16 berths across Terminals 4…

ZIM Announces Upgraded Lines Structure

Dec 19, 2016

In order to improve its services and provide better solutions to market needs, ZIM is announcing a restructuring of its main services on major trades. The new, enhanced structure provides first-class services in the select trades the company is pursuing…

Go Ahead for Brownsville Ship Channel Deepening

Dec 19, 2016

President Barack Obama signed into law the Water Resources and Development Act (WRDA) of 2016, authorizing the Brownsville Ship Channel deepening project, making it eligible for federal funding, as announced by the Port of Brownsville. The Brazos…

Libya's Es Sider Port: First Crude Cargo in 2 Years

Dec 19, 2016

An oil tanker docked at the east Libyan port of Es Sider on Monday to load the first cargo of crude since the terminal reopened following a two-year closure, port officials said. Es Sider, Libya's biggest export terminal, had been shut due to a blockade by a military faction since 2014…

GPA Marks 6.5% November Growth

Dec 19, 2016

Fueled by a strengthening export market and a busy peak holiday season, the Georgia Ports Authority reported for the month of November a 6.5 percent increase in total container traffic. 'Last month capped an active peak season, with November import and export cargo growing significantly…

ZIM Upgrades Lines Structure

Dec 19, 2016

To improve its services and provide better solutions to market needs, ZIM is announcing a restructuring of its main services on major trades. The new, enhanced structure provides first-class services in the select trades the company is pursuing…

Expanded Panama Canal Welcomes its 500th Neopanamax Transit

Dec 18, 2016

Less than six months after the inauguration of the Expanded Panama Canal, the waterway welcomed its 500th transit of a Neopanamax ship on Wednesday, highlighting the trust that Canal customers have placed in the route. Performing the 500th transit was the container vessel YM Unity…

Logistics News

Two CK Hutchison-Operated Ports Near Panama Could See State Partnerships Take Over

Two CK Hutchison-Operated Ports Near Panama Could See State Partnerships Take Over

As China's Economy Slows, So Too Does Dry Bulk Shipping

As China's Economy Slows, So Too Does Dry Bulk Shipping

BSM Launches Methanol Bunkering Simulator

BSM Launches Methanol Bunkering Simulator

Panama Auditor Files Suit to Scrap CK Hutchison-Controlled Port Contract

Panama Auditor Files Suit to Scrap CK Hutchison-Controlled Port Contract

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