Shipping container prices have declined for the first time this year after skyrocketing to historic highs as China’s Christmas exporting season slows, creating a temporary respite for exporters. The average sale price of a 40-foot container in China has plunged by 22.5 per cent since the end of September, to US$6,598 this week, according to… Read More
The hub ports of Los Angeles, Long Beach and Savannah may be visibly struggling under the weight of hundreds of thousands of imported containers, but that can’t be said of all their neighbors. As dozens of ships stack up at anchor at America’s busiest destinations for import cargo, other capable facilities are running under capacity… Read More
Port Houston, America’s distribution hub for the next generation, saw double digit TEU growth again in September. Port Houston container activity for September 2021 was 281,500 TEUs, up 11% compared to the same month last year. This is the seventh consecutive month for containers to show double digit growth, driven largely by increased consumer spending…. Read More
Florida’s governor is asking ocean carriers to consider sending their backlogged West Coast boxships to his state’s eastern seaboard, where there is plenty of capacity to berth big ships and offload cargo. “We have to make sure people can go Christmas shopping as normal. We have to make sure that all the necessities are there,”… Read More
No injuries reported in blaze on MV Zim Kingston; 10 containers on board vessel charted by Israeli shipping giant said to catch fire; 40 others units topple into sea in storm A fire burned for hours in several containers aboard a cargo ship charted by Israeli giant Zim Integrated Shipping Services as it lay off… Read More
Empty shipping containers which once contained consumer goods from Asia are piling up in Vancouver When Amandeep Bassi looks out on the yard of his Vancouver-based trucking company, he sees almost double the number of shipping containers he normally would. “We have more than 100 containers sitting in my yard … before it was 40, 50, 60… Read More
Inland Rivers, Ports & Terminals held its 2021 General Membership Meeting on Tuesday, October 19th at which time, the members present, elected their directors for the upcoming year. I am pleased to introduce you to the 2021-2022 Officers and Directors of the Inland Rivers, Ports & Terminals (IRPT): Officers Chairwoman of the Board:… Read More
September proved to be another good month for cargo shipments into and out of the Port of Green Bay, Wis. Nearly 244,000 tons of cargo moved through the port last month bringing the year-to-date total to 1,348,126 tons. That puts 2021 shipping totals about 4% above the year-to-date totals from 2020. “It’s great to see… Read More
It is hard to look at pictures of container congestion at West Coast ports and not wonder what it will take for the nation’s tangled supply chain to return some sense of normalcy. While many Wisconsin businesses are familiar with the problems caused by supply chain delays in recent months, the issues are also reaching… Read More
The ports of Los Angeles and Long Beach are gearing up to operate 24/7 to clear the massive backlog of 20-foot-equivalent (TEU) containers as they pile up at the two Southern California ports and others on both the Pacific and Atlantic coasts. “The cargo surge we’ve experienced for more than a year continues,” Port of… Read More
A growing Texas energy supply company has tapped the Port of Port Arthur to be a part of its network of Gulf Coast projects aimed at taking advantage of more market shifts to “greener” fuel. Stabilis Solutions, a Houston-based energy transition company mainly focused on small-scale delivery of liquid natural gas (LNG), has signed a… Read More
CHARLESTON, S.C. — When South Carolina Ports CEO Jim Newsome retires next year, he will hand over running of the port in Charleston on July 1 to Barbara Melvin, the first woman to lead a top 10 container port in the United States. After 13 years as president and CEO of South Carolina Ports, Jim… Read More
Vessel congestion outside the Ports of Los Angeles and Long Beach has worsened as an even 100 vessels were classified at anchor. In a noon report local time for 18 October, the Marine Exchange of Southern California wrote that of the 157 vessels of all types inport (within 40 miles of the ports), 100 were… Read More
Florida Gov. Ron DeSantis said the state’s ports have the ability to deliver goods on time throughout the holiday season. By Aurielle Eady, Action News Jax and Jessica Barreto, Action News Jax JACKSONVILLE, Fla. — Gov. Ron DeSantis spoke in Jacksonville Tuesday to highlight that Florida ports are open. During a news conference at Jacksonville… Read More
Great Lakes Dredge & Dock Company, LLC was awarded up to $95,375,349 to dredge 11½- miles of the 52-mile channel, widening a major portion of the Galveston Bay reach from 530 to 700 feet. The work includes the construction of a new bird island and oyster mitigation. Port Houston negotiated multiple options and selected the… Read More