Operations at ports on the Virgin Islands and Puerto Rico were shut down Thursday as the eastern Caribbean awaited the arrival of tropical storm Erika.
Global terminal operator DP World reported a 22 percent increase in net profit during the first half of 2015 but said it expects growth to slow amid a “challenging” global economy during the rest of year.
The U.S. Coast Guard said that “out of an abundance of caution,” it will monitor arriving ships and containers that were in Tianjin when the Chinese port was rocked by explosions earlier on Aug. 12
Gateway Terminals India, or APM Terminals Mumbai, said it is taking all the necessary steps to speed up its gate activity that has drawn complaints from logistics providers operating in Jawaharlal Nehru Port Trust, the country’s busiest container gateway.
In a high-risk, possibly high-reward attempt to manage truck flow and reduce congestion, 10 of the 13 container terminals in Los Angeles-Long Beach on Thursday adopted a trucker appointment system action plan with the goal of establishing a system of appointments throughout the harbor beginning in 2016.
Tianjin Port Group chief executive officer Zheng Qingyue has been accused of dereliction of duty by China’s highest prosecutions agency after an investigation into the huge Tianjin blasts that killed at least 145 people earlier this month.
The Indonesian government has set up a task force faced with the daunting goal of slashing container dwell times by more than half at the country’s largest port of Tanjung Priok in Jakarta.
The Port of New York-New Jersey posted double-digit container growth again in July, breaking the import record it set in May and illustrating how U.S. West Coast diversions are positioning the top U.S. East Coast port for a healthy peak season.
New Jersey officials say the driver of a top loader was drunk when the heavy equipment struck and killed a dockworker at APM Terminals’ facility in the Port of New York and New Jersey earlier this month.
An explosion and fire that devastated the Chinese port of Tianjin, the 10th-busiest global container gateway, could cost the insurance industry more than $2 billion, making it one of the most expensive maritime disasters ever, according to a London market underwriter.