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In the past two years, the shipping and ports sector has seen a drastic transformation. Historically, container shipping has been a loss-making venture as overcapacity plagued the industry. For instance, in the decade preceding the pandemic, the operating profit margin for container shipping was -0.2 percent. This has now jumped to 57.4 percent as of… Read More
Faced with the prospect of a week-long heat wave bringing record-setting temperatures and straining the state’s power grid, California’s governor on Friday issued an executive order that among other steps suspends California’s requirement that ocean-going vessels use shore power in port. It was the first time in 2022 that the state took the action to… Read More
The implemented platform equips GPA with a state-of-the-art terminal operating system that optimises processes, exchanges data with shippers and carriers, and improves visibility of cargo movements by connecting GPA’s multiple port terminals and inland rail terminals in one system. “After conducting extensive research, we selected the Navis N4 Terminal Operating System to optimise planning, visibility… Read More
The Port of South Louisiana was awarded $955,339 in Port Security grant funding from the Department of Homeland Security Federal Emergency Management Agency. The funding will go toward the enhancement of the Port of South Louisiana’s cyber security framework, as well as support enhancements to its Geographic Information System (GIS) that will provide up-to-date spatial… Read More
The Port of Long Beach has been given the next necessary approval for a new project to deepen its waterways. On 6 July, Assistant Secretary of the Army at the U.S. Army Corps of Engineers Michael L. Connor issued a Record of Decision (ROD) on the Port’s Deep Draft Navigation Feasibility Study and Channel Deepening… Read More
A territory as vast and diverse as Latin America has been able to find multiple productive activities in its countries, as well as enhance different ways to connect the services and products that result from these economic activities regionally and globally. Foreign trade and logistics, as axes of this activity, emerge as two powerful lines… Read More
Fifteen ship-to-shore cranes now stand 155 feet above the wharf deck at Wando Welch Terminal, efficiently working mega container ships at the Port of Charleston. The fifteenth and final crane was recently moved into position along the waterfront. With five cranes to a berth, Wando Welch Terminal is now even more capable of efficiently working three… Read More
Gordon Carr will be the next executive director of the New Bedford Port Authority, coming on as the Massachusetts South Shore port undertakes extensive modernization to expand its fishing, processing, offshore wind energy and other maritime industries. Currently deputy director of real estate strategy and policy at the Massachusetts Port Authority (Massport) in Boston, Carr… Read More
U.S. and Canadian ports are continuing to feel the pressure, with ongoing congestion resulting in canceled sailings for September, cuts in vessel services, high warehouse prices and increased anchored vessels on the East Coast, according to a report by CNBC. “It comes as no surprise ocean carriers are blanking (canceling) sailings,” said Alan Baer, CEO of… Read More
“Since joining the Port I have not taken my foot off the gas,” says Hamdi Mohamed, who’s about nine months into her first term on the Port of Seattle Commission. Elected by voters in 2021, Mohamed was one of SECB’s endorsees, and now seems like a good time to find out if we were right… Read More
The Marino Group’s Marine Repair Services – Container Maintenance Corporation (MRS-CMC) has opened a new depot facility at Port Houston. The new facility will support global supply chain fluidity with an expansion of its storage, distribution, repair, and capacity services in the region. Situated across from Port Houston Bayport Terminal and near Barbours Cut terminal,… Read More
by John D. McCown (OpEd) Sixty-six years ago the postwar growth in the US economy saw increasing congestion on highways. That problem became the catalyst for two events in 1956 resulting in capital investments whose returns over the ensuing decades and to this day are significant. One event was the Federal Aid Highway Act of 1956 that… Read More
Effective September 1, 2022, Cooper Marine & Timberlands (CMT) will serve as the exclusive barge fleeting and shifting service provider for the Yellow Creek State Inland Port (YCP), located in Iuka, Miss., at the intersection of the Tennessee River and Tennessee-Tombigbee Waterway. “Thanks to the leadership of federal, state, and local officials, Yellow Creek Port is on… Read More
Port Canaveral, Fla., has been awarded $1,941,285 in FEMA funding for several projects that will protect critical infrastructure from terrorism and other security threats. The Canaveral Port Authority (CPA) will receive $1,357,020 in federal funding for two projects. The federal dollars will be supplemented by a 25 percent CPA cost share match CYBERSECURITY The port’s… Read More
Philadelphia has its first sea shipping route with China, and the timing couldn’t be more perfect. A shipping barge at the Port of Philadelphia, laden with white shipping containers signifying refrigerated cargo, seen in 2016. The Port of Philadelphia hosted the maiden call of the Wan Hai 315 container ship on Aug. 18, the first… Read More