Indian Shipping Minister Nitin Gadkari said the government plans to spend roughly Rs. 70,000 crore (approximately $10.7 billion) on upgrades for major public ports under the “Sagar Mala” project over the next five years.
Container volumes handled by West Coast ports are returning to historical levels, but the weekly manpower requirements for handling the containers is about 15 percent higher than in the past. That suggests terminal operators are struggling to adjust to the complexities caused by mega-ships, vessel-sharing alliances and chassis shortages.
As the Port of New York and New Jersey tries to reduce chronically long lines for the 86 percent of its containers that move by truck, there are growing cries to extend gate hours. But there’s a problem — many distribution centers aren’t open late to receive the cargo.
The fast-growing port of Tauranga has begun widening and deepening its shipping channels to handle larger vessels after a more than four-year court battle over the project.
All but one of Japan’s five biggest ports saw their international container traffic shrink in the first half of this year amid growing economic uncertainty both at home and abroad.
Santos Brasil by 2047 plans to invest $324.4 million to allow the Tecon Santos terminal to handle larger ships and boost capacity by one-fifth after South America’s biggest container terminal operator received a 25-year concession extension at the busiest container gateway in Latin America.
Adani Ports and Special Economic Zone, which operates India’s biggest non-government port complex at Mundra, is rapidly expanding its container-handling footprint to create a pan-India terminal network.
APM Terminals confirmed its interest in expanding its presence in Mexico as it starts the countdown to the opening of a container terminal at the port of Lazaro Cardenas on the country’s Pacific coast.
A container booking system has gone live at Manila International Container Terminal in what port operator International Container Terminal Services Inc. believes will avoid a repeat of the chronic congestion that brought operations to a standstill for most of 2014.
A small port in Maine is enjoying a renaissance thanks to lobsters, L.L. Bean and Eimskip, the Icelandic container line that specializes in the refrigerated trade.