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Corpus Christi, Texas, Jan. 31, 2025 (GLOBE NEWSWIRE) — The Port of Corpus Christi and its customers moved 206.5 million tons through the Corpus Christi Ship Channel in 2024, a new high mark driven by increases in crude oil and dry bulk commodities, including agricultural products. Port customers also ended 2024 with record quarterly tonnage… Read More
The Government of Canada, under the Green Shipping Corridor Program and the National Trade Corridors Fund, is investing up to $25 million in the Halifax Port Authority. The investment aims to enhance environmental sustainability, improve supply chain efficiency, and support decarbonization within the transportation sector. A significant portion, up to $22.5 million, is allocated under… Read More
U S President Donald Trump delayed the start of tariffs on neighbors Mexico and Canada for a month Monday — but China remained in the firing line for levies that are putting the global economy on edge. Mexican President Claudia Sheinbaum and Canadian Prime Minister Justin Trudeau both struck last-minute deals with Trump to tighten… Read More
Bridge collapsed in March after cargo ship struck a supporting column Almost a year after the deadly collapse of Baltimore’s Francis Scott Key Bridge, Maryland officials on Tuesday unveiled their designs for its replacement, which will be taller and better protected against ship strikes. Construction of the state’s first cable-stayed bridge could be completed in 2028… Read More
Economic experts say China ranks among the top of monthly imports into the Port of Virginia. PORTSMOUTH, Va. — With a new 10% tariff on exports from China to the United States scheduled to take effect on Tuesday, local economic experts weighed in on what it could mean for all of us, as well as… Read More
U S President Donald Trump is expected to sign an order on Saturday imposing hefty new tariffs of 25 percent on goods from Mexico and Canada and 10 percent on imports from China, potentially disrupting more than US$2.1 trillion worth of annual trade. Trump, who is working from his Mar-a-Lago estate in Florida this weekend,… Read More
The volume of goods moving through Spanish ports rose by six per cent in 2024 after they became the first point of call in Europe for many companies avoiding attacks by Houthi militia on shipping in the Red Sea and sending their goods around southern Africa. Las Palmas in the Canary Islands and Barcelona saw… Read More
Port of Savannah handled over 2.8 million TEUs in the second half of 2024, marking an 11.4% increase from the previous year, the Georgia Port Authority reported Tuesday. December 2024 continued this upward trend, with more than 442,000 TEUs processed, representing a 4.7% increase from the previous year. “We’ve seen twelve consecutive months of year-over-year container… Read More
Roger Guenther Named as Greater Houston Port Bureau’s 2025 Maritime Leader of the Year The Greater Houston Port Bureau (“Port Bureau”) is pleased to announce that Roger Guenther, retired executive director of Port Houston, has been named the 2025 Maritime Leader of the Year. Guenther will be honored at the Port Bureau’s Annual Maritime Dinner… Read More
Dodging a Bullet On September 30th, 2024, the contract between the International Longshoremen’s Association (ILA) which provides labor to the ocean terminal to the East Coast and Gulf ports and the United States Maritime Alliance (USMX), representing waterfront employers, expired, triggering a three-day long strike. After bargaining, the two sides agreed to continue with the… Read More
On his way to the G20 summit in Rio de Janeiro in November, Chinese President Xi Jinping met with Peruvian President Dina Boluarte to officially open a new US$3.6 billion (A$5.8 billion) deepwater mega-port in Peru called Chancay. China’s state-owned Cosco shipping giant had purchased a 60% stake in the port for US$1.6 billion (A$2.6 billion), which gave the… Read More
China has invested billions in 129 ports worldwide, raising concerns the Belt and Road Initiative is quietly being weaponized On his way to the G20 summit in Rio de Janeiro in November, Chinese President Xi Jinping met with Peruvian President Dina Boluarte to officially open a new US$3.6 billion deepwater mega-port in Peru called Chancay. China’s state-owned… Read More
The Port of Los Angeles processed over 10.3 million container units in 2024, marking a nearly 20% increase from the previous year and securing its position as the second-best performance in the port’s 117-year history. The achievement comes as the port celebrates its 25th consecutive year as the Western Hemisphere’s busiest container port. In December… Read More
State Intends to Bolster Water Freight, Improve Supply Chain Wisconsin Gov. Tony Evers granted $10.8 million on Jan. 15 for five harbor infrastructure projects to improve the movement of freight and the state’s supply chain. “As billions of dollars of cargo move through our ports each year, maintaining and improving these critical parts of our… Read More
Tonnage and Containers Up at Houston’s Public Terminals Port Houston is celebrating a landmark year, achieving a record-breaking 53,066,219 million tons of cargo in 2024, up 6% over 2023 at the public terminals. Container volume rose 8%. This milestone demonstrates Port Houston’s critical role in moving cargo and driving economic prosperity for Houston, the region,… Read More