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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
The Montreal Port Authority (MPA) and LOGISTEC Corp. yesterday announced a second phase expansion for Viau Terminal. Since a first phase was completed in 2016, the terminal has handled about 350,000 containers annually. Pegged to start in September and conclude in late 2020, the second phase is designed to boost annual capacity to 600,000 containers…. Read More
On Wednesday, South Carolina Ports Authority reported the strongest February container volume in its history and nearly 12 percent fiscal year-over-year growth. SCPA moved 178,131 twenty-foot equivalent container units (TEU) during the month of February, with 1.6 million TEUs handled since the fiscal year began in July. As measured by the total number of boxes… Read More
At a space-themed ceremony today, the Canaveral Port Authority and longtime cruise partner Carnival Cruise Line officially broke ground for construction of Port Canaveral’s new Cruise Terminal 3 complex. The new terminal, dubbed the Launch Pad, will be the home of Mardi Gras, the cruise line’s newest and most innovative ship, beginning in 2020. Port… Read More
FLORENCE, S.C. – South Carolina Ports Authority CEO James Newsome on Tuesday afternoon listed three areas of potential growth for Inland Port Dillon: retail distribution, export transload facilities, and manufacturing. Newsome, who has been president and CEO of the South Carolina Ports Authority since Sept. 1, 2009, was the featured speaker at the Greater Florence… Read More