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The ports of Seattle and Tacoma voted in favor of a nearly half-billion dollar deal to renovate Terminal 5 and bring significant changes to Terminal 46. Editor’s note: Above video originally aired March 12, 2019 – covering the proposed changes to Terminal 46 The Port of Seattle and Port of Tacoma approved a nearly half… Read More
German-based global logistics company, DHL Supply Chain, announced Tuesday it has plans to construct a $100 million distribution and warehousing center on Dorchester County’s rural, western end to provide services to the region’s largest industrial sectors. “This investment…is further proof that South Carolina is an important hub for international business,” said Gov. Henry McMaster in… Read More
Completion of a project to improve the Port of Charleston’s infrastructure became closer to reality when President Trump’s proposed 2020 budget allocated $138 to the Charleston Harbor Deepening Project. Charleston is currently the deepest harbor on the East Coast, but plans are to make it even deeper — 54 feet — to accommodate larger cargo… Read More
The Port of South Louisiana may not have the name recognition of the ports of Houston, L.A./Long Beach or New York and New Jersey, but its significance to the economy of the United States is nonetheless unmatched. Just consider the superlatives, said Paul Aucoin, the port’s executive director. “We are the largest grain exporter in… Read More
The Anchorage Assembly is working to determine if it needs to spend about $1.9 billion to rebuild the city’s deteriorating port. Assembly member Christopher Constant said at a March 21 Assembly committee meeting that the group needs to look closely at whether there are ways to save on cost, the Alaska Journal of Commerce reported… Read More
NORFOLK, Va. (AP) – The Port of Virginia’s CEO has been given more than $200,000 in bonus pay. The Virginian-Pilot reports that John Reinhart is now among the highest paid of his peers around the country. Virginia’s port board unanimously agreed Tuesday to award Reinhart an annual bonus over $200,000 for 2018. His base pay… Read More
Houston Channel Economic Value Impact to Texas Results HOUSTON–(BUSINESS WIRE)–Port Houston Commission Chairman Ric Campo recognized the efforts and expressed great gratitude to those responding to an emergency event along the Houston Ship Channel that impacted the channel and surrounding neighboring communities. “The response to the emergency event along the Houston Ship Channel was an… Read More
The Port of Corpus Christi Commission approved a 50-year lease agreement today with Lone Star Ports, a joint venture between the Carlyle Group and the Berry Group. The lease is for approximately 200 acres on Harbor Island to develop a state-of-the-art petroleum export terminal. Featuring the latest in safety, security and environmental technologies, the facility… Read More
DEER PARK, Texas (KTRK) — A portion of the Houston Ship Channel has partially reopened for daytime operations after the ITC fire incidents. The closure, which lasted five days, affected the areas between Tucker’s Bayou and Lynchburg, but also affected incoming vessel traffic from the mouth of the passage in Galveston Bay. More than 100… Read More
The South Carolina Ports Authority (SCPA), which operates the harbor port in Charleston and two inland ports, experienced its highest container volume for the month of February in its history, according to a press release issued by the authority on March 20. In addition, in the first eight months of this fiscal-year growth has reached… Read More
Officials say project’s economic value outweighs environmental concerns WILMINGTON — The economic value of expanding the Port of Wilmington’s turning basin should outweigh environmental concerns, the N.C. State Ports Authority has argued in a variance request. “Arguably this area has no social or aesthetic values and has severely diminished natural characteristics. However, it does have… Read More
NEW BEDFORD — The Port of New Bedford is a heavy-hitter when it comes to financial impact for the State of Massachusetts. A recent economic impact study by Martin Associates revealed that the Port of New Bedford generated $11.1 billion in economic value in 2018, up $1.4 billion from the last study for 2015. For… Read More
The Port of Corpus Christi’s multi-billion dollar Harbor Island project in Port Aransas will be allowed to move forward, after the 13th Court of Appeals lifted a stay on the project Monday. The court denied a petition filed by former port commissioner Kenneth Berry to halt the project based off claims the port, in part,… Read More
The closure of a portion of the Houston Ship Channel in the aftermath of the days-long Deer Park chemical fire could cost the petroleum and petrochemical sectors an estimated $1 billion in direct and indirect costs and lost revenues, experts said. Shutting down a major chunk of the Port of Houston for a few days… Read More
After more than a decade of planning, the Port of Iberia is finally positioned to begin a project designed to open the port to larger barges and ships. The Acadiana Gulf of Mexico Access Channel (AGMAC) dredging project would allow for the dredging of a 16-foot deep channel all the way from the port to… Read More