Port Itapoa is expecting an 11 percent jump in container traffic this year, thanks to robust chicken and beef exports to China, new services and better road connections.
The port-based logistics provider said it has acquired 48 acres adjacent to the Krishnapatnam port, near Chennai, for the construction of a new container freight station a month after the company kicked off a plan to build an inland container depot center at Viramgam, near Ahmedabad in Gujarat State.
For most ports on the U.S. West Coast, late 2014 and early 2015 was a year of seemingly-unending congestion and slumping cargo traffic. Not so at California’s Port of Hueneme, which just reported its highest cargo year in its 78-year history.
Woo Ye-jong has been tapped to lead the Port of Busan in its effort to become an even larger transshipment hub, succeeding Lim Ki-tack who has been elected as the International Maritime Organization's next secretary-general.
The Port of Halifax, Nova Scotia, may be getting a new lease on life. On Monday, the CMA CGM Vivaldi docked at the Halterm Terminal in Halifax, Nova Scotia, with a cargo of containers from China, Vietnam and Malaysia for import into Canada and outbound containers for the ship’s next ports of call — New York, Norfolk and Savannah. The ship then would return to Port Klang via the Suez Canal.
Two container ships at Port Klang, Malaysia, collided, sending containers and debris into the harbor.
Contship Italia, Italy’s largest container terminal operator, has signed a strategic memorandum of understanding with Sina Port and Marine, Iran’s biggest port company, to take advantage of moves by the U.S. and the EU to ease sanctions following the nuclear deal with Tehran.
“It is a historic day – a day for removing barriers,” proclaimed U.S. Secretary of State John Kerry on July 20, as Cuba and America reopened their embassies and ended a 54-year diplomatic stalemate.
After bleeding market share in the first few months of 2015 because of congestion and labor problems, the Seattle-Tacoma gateway appears to be leveling off in the competitive Pacific Northwest. Port Metro Vancouver, British Columbia, is likewise leveling off, but Prince Rupert continues to register impressive double-digit gains compared to last year.
A new joint venture between DP World and Toll Logistics in Sydney, Australia, could provide a container shuttle out of Port Botany and slash exports of empty boxes.