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ST. THOMAS — V.I. Port Authority Director Carlton Dowe said Wednesday that a discussion with the West Indian Company about dredging depth in St. Thomas Harbor is motivated by financial concerns, and is not an effort to keep Crown Bay as the only port capable of accommodating the largest Oasis class cruise ships. “Nothing that… Read More
JLL Capital Markets announced today that it arranged the $114 million construction financing loan from Mesa West Capital for Lower Bucks Logistics Hub, a to-be-built two property industrial project totalling 814,567 square feet in Bucks County, Pennsylvania. JLL represented the borrower, an affiliate of Foxfield LLC. The two speculative, state-of-art, Class A facilities will be located… Read More
Louisiana legislators have agreed to reinstate funding for a significant container terminal project that the Port of New Orleans has in its plans. This marks a reversal of a contentious choice made by House leaders, who had initially decided to remove the funding during the last moments of the legislative session, according to The Times-Picayune/The… Read More
That’s the spot held for more than two decades by the Los Angeles and Long Beach ports, a combined international trade powerhouse that moves nearly 40% of the products imported from Asia to U.S. stores and factories. Tens of thousands of jobs across Southern California depend on a steady stream of imports and exports through San Pedro Harbor. Despite… Read More
Trade activity at the Port of Long Beach fell by more than a quarter in July as adjusted routes, full warehouses and consumers’ shift to travel impacted cargo volumes, the port said Tuesday. The port moved 578,249 twenty-foot equivalent units (TEUs) last month, marking a decrease of 26.4% compared to last year’s exceptionally busy July. Imports went… Read More
Port Houston reached another historic milestone when it celebrated the completion of Wharf 6 of its Bayport Container Terminal Expansion Project. U.S. Transportation Secretary Pete Buttigieg and U.S. Department of Transportation (USDOT) Maritime Administrator Admiral Ann Philips were among many federal, state, and local officials, partners, stakeholders, and customers on hand to celebrate the Bayport… Read More
The Port of Seattle Commission has approved USD 32.6 million (EUR 29.7 million) in funding to transform the historic Ship Supply Building at Fishermen’s Terminal (FT) – one of the oldest existing Port facilities – into a new globally recognized home for maritime innovation and an incubator of blue economy technology. The Port of Seattle will… Read More
Crowley and the Port of San Diego broke ground for the shoreside charging station designed to provide clean energy for the company’s forth-coming zero-emissions tugboat, eWolf. Joined by key partners and community stakeholders, the ceremony marked a significant step forward in the industry’s journey to decarbonization and reduce emissions in the San Diego community. The charging… Read More
The Georgia Ports Authority (GPA) is spending $410 million to transform and upgrade the 200-acre Ocean Terminal in the Port of Savannah, a project that is being undertaken by The Industrial Company (TIC), which is responsible for the wharf/berth refurbishment element. The new Ocean Terminal berths are being constructed in phases, with the first expected… Read More
Todd P. Murphy has been appointed to the Board of Commissioners of the Port of New Orleans. Murphy was appointed by Gov. John Bel Edwards to replace Jack C. Jensen as a representative of Jefferson Parish on the board. Murphy is chief operating officer of M Wealth Advisors — Raymond James. For nearly a decade, he… Read More
The St. Bernard Parish District Attorney’s Office is suing the Port of New Orleans (Port NOLA) to block the construction of a proposed $1.8bn container terminal. The lawsuit was filed in the 34th Judicial District Court and claims that building the giant container terminal would disrupt life at Violet and cause environmental damage. According to… Read More
Port Houston has celebrated the completion of its Wharf 6 upgrades, part of its Bayport Container Terminal expansion project. A ribbon-cutting ceremony held last Friday was attended by U.S. Transportation Secretary Pete Buttigieg and Maritime Administrator Admiral Ann Philips, among other federal, state, and local officials. “Today is more than a ribbon cutting for a… Read More
While US West Coast ports have welcomed a tentative labour agreement, US East Coast ports are trying to capture cargo through their gateways. US West Coast ports have welcomed a labour agreement in what was described as a “monumental day” by the Port of Oakland. The Pacific Maritime Association (PMA) and the International Longshore and… Read More
HOUSTON–(BUSINESS WIRE)–On Friday, August 4, Port Houston reached another historic milestone when it celebrated the completion of Wharf 6 of its Bayport Container Terminal Expansion Project. U.S. Transportation Secretary Pete Buttigieg and U.S. Department of Transportation (USDOT) Maritime Administrator Admiral Ann Philips were among many federal, state, and local officials, partners, stakeholders, and customers on… Read More
Karenthia A. Barber has been appointed by Maryland Governor Wes Moore to serve on the Maryland Port Commission, making her the first black woman to hold this position. The Maryland Port Commission (MPC) is responsible for developing policies that aim to enhance the competitive standing of the Port of Baltimore in the global maritime industry…. Read More