The Port of Los Angeles (POLA) moved 876,611 TEU in June and by mid-2022 has handled more than 5.4 million TEU, matching last year’s record pace. “Halfway through the year, we’ve been able to reduce the number of vessels waiting to berth by 75%, allowing dock workers to efficiently process more vessels,” said Port of Los Angeles executive director, Gene…
US port imports hit another record high this spring, according to the monthly Global Port Tracker report published by the National Retail Federation (NRF) and Hackett Associates. The reasons for that are that the country’s major container ports worked to ease congestion and retailers stocked up before the West Coast dock workers’ labor contract expired. Specifically, US ports covered by…
Mediterranean Shipping Co (MSC) is involved in plans to develop Vietnam’s largest box port complex. Terminal Investment Limited (TIL), MSC’s port subsidiary, has tied up with Vietnam National Shipping Lines and Saigon Port, to press ahead with a massive transhipment hub in Can Gio, to the south of Ho Chi Minh City. The port proposal has been sent to Pham…
Ceres Terminals is expected to open a new permanent pop-up container yard adjacent to Port Houston’s Barbours Cut Terminal. The new terminal depot occupies more than 300,000 m² and is the closest yard to the Port Houston’s Barbours Cut Terminal. “We are excited to announce the opening of the new container yard,” said Adam Brooks, chief operations officer of Ceres…
The Georgia Ports Authority (GPA) has announced that an all-time high of 519,390 TEU have moved through the Port of Savannah in May, breaking the previous record of 504,350 TEU set in October 2021. GPA’s May volumes grew by 8.5%, or 40,770 TEU, compared to the same month last year. “Despite global supply chain challenges, the Port of Savannah continues…
The Port of Los Angeles processed 967,900 TEU in May, recording the third best overall month in its 115-year history. In the first five months of the year, the port has processed more than 4.5 million TEU, equal to last year’s record rate. “Retailers replenished inventory throughout the spring and now we’ll see a transition to back-to-school goods, fall fashion…
Maersk believes that the Biden Administration is likely to proceed with the implementation of the “Container Dwell Fee” on all long-dwelling cargo at Los Angeles and Long Beach container terminals as congestion continues to impact vessel and landside supply chain operations. “The likelihood of the Administration implementing the fee has risen significantly this month,” said the Danish shipping company in…
Nearly US$2 trillion a year is the national economic value of the US West Coast ports, but in the long run, their growth is threatened. According to a new study by maritime economist John Martin, PhD., congestion in Southern California due to high container volumes, combined with the increasing capacity at East Coast and Gulf ports, has accelerated the diversion…
China’s zero-tolerance in the Covid-19 pandemic and the lockdown in Shanghai have affected the Port of Oakland in the United States, which has seen a 7% reduction in its box volumes in April, compared to the same month last year. In particular, the port’s containerised import loads fell 17% last month, while exports sagged 18%. The decline is largely due…
The Port of Long Beach set another new single-month record in April as the port continues to clear marine terminals of cargo ahead an expected new wave of imports in the coming months as China opens up from COVID-19 lockdowns. Dockworkers and terminal operators at the port moved 820,718 twenty-foot equivalent units (TEU) worth of container cargo last month, up…
