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Three new members have been confirmed to the Los Angeles Board of Harbor Commissioners, the five-member oversight board for the Port of Los Angeles. Nominated to the posts by Los Angeles Mayor Karen Bass and approved today by the Los Angeles City Council are former U.S. Rep. Lucille Roybal-Allard, Michael Muñoz and Lee Williams. All… Read More
Konecranes will provide 36 state-of-the-art Automated Stacking Cranes (ASCs) to The Port of Virginia® for a major capacity expansion investment that is part of the port’s ongoing drive to improve operational efficiency, capacity, and competitiveness in the global shipping market. The order’s value is over EUR 130 million and it will be booked in Q2 2023. The ASCs are for the Norfolk… Read More
Pangaea Logistics Solutions has entered into a definitive agreement to acquire marine port terminal operations in Port Everglades/Fort Lauderdale and port of Palm Beach in Florida, and the port of Baltimore in Maryland from Host Terminals, a subsidiary of T. Parker Host, in an all-cash deal. The Nasdaq-listed US bulker owner of 25 ships, operates… Read More
California Gov. Gavin Newsom on Wednesday announced a $30 million investment toward developing a shared data system aimed at improving the flow of goods at the Port of Long Beach and four other major seaports in the state. The Port of Long Beach will devote its share of funding to the ongoing development, enhancement and… Read More
Pangaea Logistics Solutions Ltd. (Nasdaq: PANL), a global provider of comprehensive maritime logistics solutions, today announced that it has entered into a definitive agreement to acquire marine port terminal operations in Port Everglades/Ft. Lauderdale and Port of Palm Beach, Florida, and Port of Baltimore, Maryland from Host Terminals LLC, a wholly owned subsidiary of T. Parker Host, in an all-cash transaction. Pangaea… Read More
The ports of Oakland, Los Angeles, Long Beach, Hueneme and San Diego will receive a one-time $27 million allocation from the state budget to develop a shared data system aimed at improving the flow of goods, an attempt to tackle some of the logistics challenges that emerged during the pandemic and subsequent supply chain crisis…. Read More
Bye-bye, fossil fuels. Hello, renewable energy. At the behest of its suppliers and customers, the Virginia Port Authority is pushing ahead on a plan to go fully carbon-neutral by 2040. That means the group will purchase all of its power used for Virginia port operations from renewable energy sources and will eliminate the use of… Read More
Gov. John Bel Edwards appointed Jeanne E. Ferrer and Darryl D. Berger to the Board of Commissioners of the Port of New Orleans (Port NOLA) this month to succeed outgoing commissioners Charles H. Ponstein and William H. Langenstein, III respectively. “I want to thank Commissioners Langenstein and Ponstein for their service,” said Brandy D. Christian,… Read More
The Jacksonville Port Authority (JAXPORT), an international trade seaport in Jacksonville, Florida, issued a request for proposals (RFP) for a long-term lease of up to 79 acres of prime industrial property on JAXPORT’s Talleyrand Marine Terminal. Proposals are due by June 21, 2023, to identify one or more companies for a long-term lease. Proposals that… Read More
In 2015, the Port of Tacoma and the Port of Seattle created an alliance through an interlocal agreement designed to increase marine cargo traffic through the Pacific Northwest and to increase maritime-related jobs. The continued loss of market share of containerized cargo was identified by major businesses as a key indicator that more cooperation was… Read More
Ports in Europe are seeing lower volumes due to the global economy and weakening consumption – but big strides are being made in creating climate-neutral terminals and developing new infrastructure and synergies. Port of Hamburg saw its 2022 volumes of 8.3M TEU fall by 5.1% compared with 2021 – and its 4.2M TEU seaborne container… Read More
One of the country’s largest ports sits right down the road in Savannah. Ed McCarthy is the chief operating officer. “The ship-to-shore cranes load the containers onto trucks, and then those trucks take those containers into yard stacks, and they’re stored until our customers are ready to pick them up,” he explained. Sounds simple, right? It’s anything… Read More
Five California ports, including the ports of Los Angeles and Long Beach, signed a memorandum of understanding today to launch the California Port Data Partnership. The MOU is an agreement among the ports of L.A., Long Beach, Hueneme (in Ventura County), Oakland and San Diego “to jointly advance computerized and cloud-based data interoperability with a… Read More
A port is a harbor or other landing spot along a coast, lake, or river for boats and vessels transferring cargo and people. Cargo containers are loaded and unloaded, continuing on their journey until the goods reach their final destination. Ports are an essential part of everyday life. They are significant for trade, commercial welfare,… Read More
Gov. Glenn Youngkin announced $1.5 million in grants to support revitalization projects in the Virginia port communities of Newport News, Norfolk and Portsmouth before his trade mission trips to Asia later this month. The grants come from Port Host Community Revitalization Fund, which supports redeveloping dilapidated structures, improving maritime operations, expanding business opportunities, creating jobs… Read More