Standard & Poor has raised the long-term rating on the Cleveland- Cuyahoga County Port Authority’s development revenue bonds to ‘BBB+.The outlook is stable. In September, Standard & Poor’s upgraded the rating to BBB/Stable. The Port has…
Continued demand for iron ore, coal, and general cargo for the industrial and manufacturing sectors lifted the tonnage numbers along the Great Lakes-Seaway System to the positive column. For the period March 22 to November 30, year-to-date total cargo shipments were 34…
Three leading exponents of improved risk management in ports and container handling facilities have published recommended safety standards for container yard equipment. TT Club, PEMA and ICHCA International have identified additional safety devices that can be implemented on yard equipment…
Extended Adveto Compact Vessel Traffic System (CVTS) for Ghana Port Authority to be provided through True Heading of Stockholm.The new CVTS licenses for the ports of Tema and Takoradi represents an extension of the first AIS-order in 2011…
Thailand's Board of Investment (BOI) says the joint deep sea port will also surge new business & foreign investment into Thailand.BOI believe that the Dawei Deep Sea Port and Industrial Estate in Myanmar (Burma) will become an important drive for economic growth in this region…
An American Association of Port Authorities (AAPA) two-day program slated for Los Angeles, Feb. 21-22, 2013 will address the subject.While most port communications are either advocacy, news or educational in nature, when crises arise, the…
USS Slater is expected to move to her winter berth in the Port of Rensselaer. It is estimated that she will pull away from her mooring in Albany at 9:00 a.m. Towing services are being provided by New York State Marine Highway of Troy…
As of this week, Damen Shipyards Group is the new owner of French shiprepair yard Arno Dunkerque, the only operator for ship repair and conversion in the 3rd largest French port, Dunkirk. The yard will continue its ship repair and conversion services…
Negotiations between International Longshoremen's Association & U.S. Maritime Alliance (USMX) broke off abruptly Tuesday afternoon.The union and management said they were going to discuss container royalties, payments that are made to longshoremen based on the weight of containerized cargo…
2013 budgets approval reflects strong financial performance & commitment to investments tied to its Strategic Action Plan. In 2013, the Port intends to continue improving its business lines by attracting more projects to its Foreign-Trade Zone and development finance programs…
NRF: East and Gulf Coast Strike Would Have Devastating Implications for the Retail Industry.The National Retail Federation today sent a letter to President Obama to express the retail industry’s growing concern if a contract agreement isn’t…
Port of Los Angeles container volumes drop 16 percent in November; year-to-date traffic up 2.7% due to service shifts, strike.The decrease was due in part to a vessel service shift from Los Angeles to the Port of Long Beach, and to cargo…
The Georgia Ports Authority unveils four electrified rubber-tired gantry cranes (ERTG), claiming to be the first to introduce this type of crane in N. America.“This transition to electrified RTGs is an important milestone for the GPA and our industry…
Container volumes at the port rose steeply in November with imports up 20.2 percent & exports up 24.6 percent compared to the same period a year ago.Port terminals handled 555,513 twenty-foot equivalent container units (TEUs) overall, an increase of 20…
The vote by the ILA's 200-member wage scale committee moves East and Gulf coast ports closer to their first coast wide strike in 35 years.The International Longshoremen's Association President Harold Daggett has been authorized by ILA delegates…
