Port News

Big Port of St. Petersburg, Russia’s busiest seaport in terms of container traffic, posted a 27.8 percent year-over-year decline in container throughput for 2015 but is planning to regain its lead in the market in the coming years.

APM Terminals plans to retrofit at least five cranes at its Pier 400 terminal at Los Angeles to make them capable of handling fully laden mega-ships of up to 20,000 twenty-foot-equivalent units.

Adani Ports and Special Economic Zone, India’s largest port infrastructure developer, recorded a big jump in its net earnings in the third fiscal quarter on the back of continued capacity expansion.

SOLAS VGM IMO container weight
The United States and any other country that is party to SOLAS can delay implementation of the International Maritime Organization’s controversial container weight rule by up to a year, a fact bound to increase pressure on the U.S. Coast Guard to extend the deadline past July 1 to avoid potential trade disruption.

In a sign that U.S. container volumes in 2016 could turn out better than forecast, the Port of Los Angeles last month handled 704,398 twenty-foot-equivalent units, making it the busiest January in the port’s history.

Chassis provider TRAC Intermodal and a technology provider have unveiled cloud-based software designed to allow intermodal equipment providers and motor carriers to automate billing and reconcile invoices.

Truck turn times at the Middle Harbor container terminal in Long Beach will improve greatly when the automated facility receives its first vessel April 7 because truck traffic will be completely separated from vessel operations, the company’s top executive said.

SOLAS VGM IMO container weight
Fitch Ratings is warning that the new International Maritime Organization’s Safety of Life at Sea container weight mandate is poised to slow cargo throughput at U.S. ports as carriers, shippers and terminal operators grapple with rule set to take effect July. 1.

APM Terminals says it continues to pursue an independent course in seeking carriers’ business while providing corporate affiliate Maersk Line with dedicated capacity at three transshipment centers.

Maher Terminals, the largest container terminal in the Port of New York and New Jersey, is continuing to pursue litigation claiming it’s being unfairly charged higher rent than adjacent APM Terminals.