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BlackRock Chair and CEO Larry Fink speaks at CERAWeek on recent port acquisitions at the Panama Canal and globally. Source
Long Beach, CA (March) – The National Association of Waterfront Employers (NAWE) is proud to announce the launch of the Marine Terminal and Port Operations 2040: A Roadmap to the Future (MTPO 2040) at an industry roundtable held at the Long Beach Container Terminal. This gathering brought together top industry leaders to shape the future of marine terminal… Read More
The project is expected to start at the entrance of the Amelia River and continue south. Maintenance dredging is planned at Fernandina Harbor off Amelia Island, according to a U.S. Army Corps of Engineers Jacksonville District news release. Under the requirements of the National Environmental Policy Act, the Corps is seeking public review and comment… Read More
The Port of Hueneme and NYK Line have signed a Memorandum of Understanding (MoU) to establish a Green Automotive Shipping Corridor between Japan and Southern California. The signing ceremony took place on 12 February 2025 at the Port of Hueneme, marking the continuation of a collaboration aimed at driving both innovation and environmental progress. The MoU… Read More
The U.S. Army Corps of Engineers (USACE), Baltimore District, on March 5, 2025, issued its Section 10/404/408 permit decision for the rebuild of the Francis Scott Key Bridge, grantingMaryland Transportation Authority permission to construct the bridge that will reconnect the I-695 Baltimore Beltway and improve community accessibility lost following the collapse of the original structure that… Read More
Port Houston kicked off the year handling 356,407 twenty-foot equivalent units (TEUs) in January, reflecting a 7% increase compared to the same month last year. This represents the biggest January on record for containerized cargo at Port Houston. East Asia imports soared, in preparation for lunar new year sales. Asia imports represent 56% of total… Read More
The Port of Long Beach has introduced two new incentive programs worth $57.4 million to help expedite emissions reductions by funding the acquisition of zero-emission cargo-handling equipment and cleaner harbour vessels. SWIFT is a program financed by the California State Transportation Agency’s Port and Freight Infrastructure Program. The port revealed that it is a initiative aimed… Read More
Sea-Intelligence has assessed the change in container volumes from the US’ East to West coasts in the second half of 2024. Figure 1 depicts the loaded import ratio between North America’s East and West Coast ports. Sea-Intelligence noted that a figure greater than one reflects more quantities handled by West Coast ports, whilst a value less than… Read More
The Port Authority of New York and New Jersey recently released figures for January activity. The Port Authority’s commercial airports, LaGuardia, Newark Liberty and JFK, recorded the busiest January on record. Approximately 10.7 million passengers used the airports, more than 180,000 passengers higher than the previous record set in 2020. Both domestic and international travel… Read More
In 2024, Friends of the Earth and Fast Action on Super Pollutants Today embarked on a groundbreaking advocacy campaign focused on the busiest Port communities in the Gulf Coast, Mid-Atlantic, Northwest, and Southeast regions. FAST is an organization created to support and increase capacity for advocates across the US working on campaigns to reduce super… Read More
BlackRock, its subsidiary Global Infrastructure Partners and Terminal Investment Limited have inked a $23 billion deal to acquire majority stakes in two ports in Panama from CK Hutchison. The deal is an opportunistic move as China’s involvement with the ports has raised concerns from the Trump administration, according to PitchBook analyst Jonathan Geurkink. China has been using the ports to… Read More
A proposal from the United States Trade Representative’s (USTR) office that would charge Chinese ships up to $1.5 million to call at U.S. ports could disrupt ocean carriers and potentially cause headaches for shippers and end consumers alike. The hawkish measure from the USTR office was recommended after a months-long probe into China’s maritime, logistics and shipbuilding… Read More
BRUNSWICK — The board of the Georgia Ports Authority voted Monday on a lease with Wallenius Wihelmsen Americas LLC, and to continue improvements at GPA’s bulk facility on Colonel’s Island. The approvals at the board meeting on St. Simons Island are in keeping with the $152 million investment the authority plans to make in the… Read More
Aggressive US backlash against Chinese maritime dominance could see Chinese-built vessels charged up to US$1.5 million when entering US ports Given the massive numbers of Chinese ships now in fleets around the world, international freighting firms are worried The US has proposed charging up to US$1.5 million for Chinese-built vessels entering the country’s ports in… Read More
WASHINGTON – The US economy is starting to show signs of strain as President Donald Trump’s abrupt moves to shrink federal spending, lay off government workers and impose tariffs on America’s largest trading partners rattle businesses and reverberate across states and cities. Funding freezes and firings of federal workers, combined with the prospect of costly… Read More