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Port Houston has seen a robust demand for loaded export containers in March, despite a nationwide softening of imports. Loaded export volumes at Port Houston reached 349,964 TEU year-to-date. According to data, this is the highest monthly volume for loaded exports in its history, with a 26 per cent increase in the first quarter of… Read More
Coastal real estate must adjust to climate change and increasingly erratic weather, and Texas is leading the way. Spurred by heavy damage caused by Hurricane Harvey in 2017, the U.S. Army Corps of Engineers and the Texas General Land Office are mounting a $31 billion coastal resilience project on the Texas coast, the most expensive… Read More
Activity across Port Houston’s docks remains steady through March with total tonnage through the eight public terminals up 4% year to date, reaching 12,850,330 short tons. Amidst a nationwide softening of imports, in March, Port Houston continued to see significant demand in loaded export containers. Loaded export volumes at Port Houston reached 349,964 TEUs year-to-date,… Read More
Port of Los Angeles Executive Director Gene Seroka argued for a “crucial” West Coast labor contract while describing last week’s longshore shutdown of the Ports of Los Angeles and Long Beach as a “pause.” At his April 13th media briefing, Seroka said “I’d like to address last week’s pause in cargo operations: the Ports of… Read More
The Port of Los Angeles announced April 12 that it processed 623,234 Twenty-Foot Equivalent Units (TEUs) in March 2023, closing out a “soft first quarter.” Overall, the port has handled 1,837,094 TEUs through the first three months of 2023. When compared to 2022, this marks a 32% decrease in TEUs handled through the first quarter of 2023…. Read More
Momentum from Port of Houston, Baytown, expected to continue throughout 2023 Houston’s industrial real estate market had a strong start in 2023, according to a report by JLL. The market continued to grow as 6.6 million square feet of new supply was added in the first quarter, with 56 percent preleased. That resulted in 5.5… Read More
At the Port of Oakland, California, on a recent weekday, trucks, cranes and container-laden ships moved goods across the sprawling 1,300-acre complex with the precarious precision of a Rube Goldberg machine. Mere blocks from downtown Oakland, the port operates essentially as a city within a city. It’s the ninth biggest port in the country and… Read More
The Port of Virginia is planning to invest more than $18 million to expand capacity at the Virginia Inland Port (VIP) near Front Royal and the Richmond Marine Terminal (RMT). At VIP, the Port of Virginia has plans to expand and reconfigure the terminal’s rail operation and the container stack yard through building three new… Read More
Eight industry leaders have signed a Memorandum of Understanding (MoU) to conduct a feasibility study on the potential of green ammonia as a fuel for ships on the US East Coast. Partners include American Bureau of Shipping, A.P. Moller – Maersk (Maersk), Fleet Management Limited, Georgia Ports Authority, Maersk Mc-Kinney Moller Center for Zero Carbon Shipping,… Read More
The Illinois International Port District (IIPD) has received $24.5 million in funding from the Illinois Department of Transportation (IDOT), Cook County, the State of Illinois, the City of Chicago and Senator Tammy Duckworth (D-IL) to help rebuild and reestablish vital infrastructure, critical to the global economy. IDOT’s Competitive Freight Program Grant, worth more than $15… Read More
Normal operations resumed at the Ports of Los Angeles and Long Beach, as dockworkers returned to container terminals for the Friday evening shift. “It’s a go,” said Alan McCorkle, chief executive officer of Yusen Terminals LLC at the Port of Los Angeles. “Labor is showing up.” Worker shortages shuttered container terminals on Thursday evening and Friday morning…. Read More
HOUSTON–(BUSINESS WIRE)–The Port Commission of the Port of Houston Authority met on Monday, March 20. Chairman Ric Campo opened the meeting regarding the continued progress of the Houston Ship Channel expansion and deepening program, Project 11. The project is still on time and on budget. However, he acknowledged the anticipation of $180 million in government… Read More
Georgia Ports Authority has emerged as a major beneficiary of a widespread shift away from West Coast ports. And port officials are moving quickly to ensure that momentum doesn’t slow. The Port of Savannah handled record cargo volumes of 3.8 million TEUs for the fiscal year to date from July 2022 to Feb. 2023, with… Read More
The Port of New York and New Jersey regained the top spot as the busiest shipping port in the country, according to the Port Authority of New York and New Jersey. Although U.S. port activity is typically quieter in February due to overseas production slowdowns and closures related to the Lunar New Year holiday, the Port Authority’s… Read More
The increasing promise of green ammonia in the maritime industries is rapidly being recognised. Now some major players in the maritime industry have inked a Memorandum of Understanding (MoU) to undertake a feasibility study of green ammonia to fuel ships operating on the east coast of the United States. Ammonia is a promising alternative marine… Read More