A year before its scheduled completion of a $5 billion-plus expansion, the Panama Canal Authority is discussing the idea of building even larger locks to allow head-to-head competition with the Suez Canal.
The Nigerian government has closed its ports, including Lagos, and land borders, and won’t open them until midnight Saturday to allow for “the peaceful conduct of the (presidential) elections.”
Officials at the Panama Canal are working their way through a significant vessel backlog after an “unusual” increase in the number of ships awaiting transit began to back up on either side of the waterway weeks ago.
Gulftainer’s goal to triple volume over the decade through aggressive investment came a step closer in 2014 after the terminal operator increased handling 8 percent year-over-year.
The Port of Virginia is shifting three rubber-tire gantry cranes to the newly reopened Portsmouth Marine Terminal to handle overflow from larger terminals, and expected to have two of the the yard cranes ready for use today.
Members of Baltimore’s largest International Longshoremen’s Association voted to end 18 months of uncertainty b
Earlier this year before the three major equipment-leasing companies formed a gray chassis pool in Los Angeles-Long Beach, Direct ChassisLink Inc. was positioning 300 chassis into a marine terminal in Long Beach while Flexi-Van Leasing was pulling 280 of them out of the same facility. Thanks to the gray, or neutral chassis pool that went into operation on Mach 1, that type of inefficiency has very quickly become a thing of the past.
APL issued an upbeat customer advisory Wednesday about conditions at Los Angeles-Long Beach, saying that while many ships remain at anchor off the coast, the pace of cargo handling is noticeably picking up.
U.S. shippers’ potential shifting of imports from the West Coast to the East Coast would give the major eastern railroads more business, but how much the railroads will actually benefit depends on how much of the cargo is destined for the Midwest.
Ningbo Port Group sees potential in seaway-railway intermodal transport as the central Chinese port looks for more business.