Filed in Ocean Freight
Wednesday, November 28, 2012
The members of the Transpacific Stabilization Agreement have filed an amendment with the U.S. Federal Maritime Commission that would expand TSA’s scope to include the entire transpacific round trip, including the westbound trade.
Wednesday, November 21, 2012
Georgia Gov. Nathan Deal announced that as part of his FY2014 budget proposal, he will seek an additional $50 million in funding for the Savannah Harbor Expansion Project at the Georgia Ports Authority Board meeting.
The 1,000-2,000 twenty-foot equivalent units (TEUs) containership segment has suffered severely during the current demand downturn with a substantial idling of ships and a recent wave of scrappings, reported Alphaliner this week.
Monday, November 19, 2012
The Port of Los Angeles has released its October 2012 cargo volumes. Overall volumes increased .82 percent compared to October 2011.
Zepol Corporation reported this week that U.S. import volume in October, measured in TEUs (twenty-foot-containers), is down 6.8% from September and another 4.8% from October of last year.
Saturday, November 10, 2012
When the NITL’s 105th annual meeting & TransComp exhibition convenes in Anaheim this week, there’s bound to be considerable attention paid to the pending expansion of the Panama Canal. Shippers will learn that West Coast ports will not remain complacent.
A promising new cargo enterprise was unveiled at the Port of San Francisco late last month when it welcomed the Rt. Hon. Paul E. Martin – a 71,900-deadweight-ton self-unloading bulk carrier.
Monday, November 05, 2012
Officials at the Port of New York and New Jersey report that cargo operations are being restored in the wake of last week’s devastating storm.
Thursday, November 01, 2012
In anticipation of the Panama Canal expansion in 2014, the fight for market share of inbound cargo remains fierce among top U.S. ports.
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Wednesday, October 31, 2012
A confluence of ongoing events, including the debt crisis hitting exports, domestic sales and consumer confidence and imports, which have added to declining trade volumes, has led to a recession being formally declared in the European Union, according to the most recent edition of the Global Port Tracker report.