Ocean Ports & Carriers: Page 102

States Race To Deepen U.S. Ports, Anticipating Panama Canal Boom

At least four ports in Florida, Georgia and Texas have decided to foot the bill to deepen federal waterways, a total of almost half a billion dollars, rather than wait years for funds.

This project involves dredging as needed within the existing 40-foot Delaware River federal navigation channel to deepen it to 45 feet from Philadelphia Harbor, Pa. and Beckett Street Terminal, Camden, N.J. along a 102.5-mile distance to deep water in the Delaware Bay.

CMA CGM SA Offers To Acquire Neptune Orient, Southeast Asia’s Container Shipper

Neptune Orient, which helped cement Singapore’s status as a global trade hub, is attracting takeover interest after simplifying its structure this year by selling its $1.2 billion logistics unit.

CMA CGM has made a preliminary offer for Neptune Orient and is conducting due diligence, though it hasn’t been granted exclusivity, while discussions with Maersk are less advanced, people with knowledge of the matter said before Neptune Orient’s announcement.

Maersk Line To Slash 4,000 Jobs In Response To Market Outlook

A.P. Moller- Maersk

Over the next two years, Maersk Line expects to lower the annual sales, general and administration (SG&A) cost run-rate by $250 million with an impact of $150 million in 2016.

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Walmart Switches To Wood Grain Plastic Containers For Produce

Walmart and IFCO North America have executed an agreement stating IFCO will provide Walmart US with a new generation of wood grain reusable plastic containers (RPCs) for wet and dry produce.

Risk/Compliance

Cargo Safety & Security

Omnitracs | Solera Fleet Solutions

Industry executives highlight internal and external risks in the food supply chain.

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Ocean Ports & Carriers

Primed For A Panamax-sized Opportunity

Ports along the Gulf Coast will be ready to compete for the increase in containerized cargo an expanded Panama Canal will bring their way.

The Port of New Orleans recently welcomed the return of Chiquita after a 40-year hiatus.

Ocean Ports & Carriers

China’s Economic Woes Weaken U.S. Exports

September was the eighth straight month in which empty containers leaving the Port of Long Beach outnumbered those loaded with exports.

Last month, Long Beach and the Port of Oakland both reported double-digit gains in exports of empty containers. So far this year, empties at the two ports are up more than 20 percent from a year earlier.

Ocean Ports & Carriers

Imports Bring Port Of New York And New Jersey Busiest August Ever

Port Authority of New York and New Jersey

Nearly 330,000 containers passed through terminals overseen by the Port Authority of New York and New Jersey, a 7.9 percent gain from a year earlier.

During the year, the port handled 6,371,720 20-foot equivalent units (TEUs) (or 3,664,013 cargo containers), an increase of 10.4 percent over 2014 when the previous annual record was established.

Ocean Ports & Carriers

SC Line Launches Shipping Service Between U.S. And Cuba

On Sept. 20, the SC Line vessel Caroline Russ berthed at Mariel in Cuba, the first call on a new service every 14 days linking Port Everglades, Fla. with Mariel and Santiago de Cuba.

SC Line has launched a new shipping service from Port Everglades, Fla., and Cuba.

Ocean Ports & Carriers

PortMiami Completes Deep Dredge Project And On-Dock Intermodal Rail

PortMiami now offers Super Post-Panamax gantry cranes that can service cargo vessels up to 22 containers wide and up to nine containers above deck and eleven containers below.

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Ocean Ports & Carriers

Will The Northeast Be Ready For Post-Panamax?

Panama Canal Authority (PCA)

A deeper Panama Canal will give everyone along the East Coast a chance to seize more market share, but a gridlocked and fragile highway system could hurt the region’s ability to compete.

The Bayonne Bridge is only 151 feet above the water and larger container ships often cannot cross under it to reach marine terminals – Port Newark, Elizabeth and Howland Hook in Staten Island. Once the renovation is complete the Bridge will have a clearance of 215 feet.

U.S. Food Imports & Exports

Navigating the risks and rewards of the global food supply chain.

Loading grain for export from the U.S. Pacific Northwest.

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