Privately-operated Mundra Port recorded double-digit container throughput growth in the first fiscal half, driven in part by diversions from Jawaharlal Nehru Port disruptions and congestion that dragged down volumes at India’s largest public container handler during the same period.
Long Beach had one its best Septembers ever, continuing a recent trend in which West Coast ports are regaining some of the market share they lost this past year due to congestion and work slowdowns that accompanied the coastwide dockworker negotiations.
Containerized imports at the Port of Oakland in September increased for the seventh straight month, demonstrating that the Northern California port has recaptured some of the market share it lost earlier this year during the congestion that plagued all West Coast ports during the longshore contract negotiations.
A Tokyo-based research firm has significantly downgraded its outlook for the Japanese container trade in fiscal 2015, predicting a 1.3 percent contraction compared to its previous forecast of 2 percent growth.
Brazilian port and trade associations have won an extension of a policy allowing terminal operators to import equipment with little to no tax.
PSA International this weekend broke ground on a fourth container terminal at Jawaharlal Nehru Port Trust, which will provide a future avenue to ease congestion at India’s largest container gateway.
Singapore’s Ministry of Transport and terminal operator PSA Corporation are planning to develop a container truck system that will boost port productivity by increasing the flow of boxes within the port and across the city-state’s streets.
APM Terminals has signed a contract for four ship-to-shore gantry cranes and 14 automated rail-mounted gantry cranes for its Vado container terminal under construction on Italy’s north-west Ligurian coast.
The first stage expansion of Yard 7 at Manila International Container Terminal Services (MICT) will be completed by the end of the year, increasing the terminal’s import capacity by 18 percent.
If there is one take-away for shippers, carriers and labor from the West Coast port congestion of 2014-15, it has to be that reliability is always more important than cost and transit time in determining cargo routing.