A China Shipping Container Lines (CSCL) executive has shrugged off demand forecasts predicting 3 to 5 percent market growth in the next few years that will not be enough to fill the capacity flooding into service.
The first phase of an upgrade to Papua New Guinea’s Lae Port has been completed, paving the way for a boost in cargo throughput at the country’s most important gateway.
As labor negotiations between the Pacific Maritime Association and the International Longshore and Warehouse Union heated up this week, JOC readers clamored for information on the topic.
Two former high-ranking International Longshoremen’s Association officials and a Genovese mobster pleaded guilty to a racketeering conspiracy that included a three-decade scheme to extort dockworkers for “Christmas tribute” payoffs.
Contract negotiations continued Friday between the International Longshore and Warehouse Union and the Pacific Maritime Association. As has been the case since the negotiations began in May, neither side revealed any content from the talks.
Strong monthly volume growth at the Port of Tacoma came to an abrupt halt in November, when the port, plagued by labor productivity issues, saw international container volumes plummet 14.1 percent year-over-year, new port statistics show.
The Japanese government has recently expressed concern to the U.S. government regarding the delays of U.S. forage exports because of U.S. West Coast port congestion, according to an agriculture shipper group.
APM Terminals will start construction of a new container terminal in Costa Rica next eyar after scaling the final hurdle facing the long-delayed $1 billion project.
Indonesia’s largest port operator Pelabuhan Indonesia II (IPC) will partner with PSA International, Japanese investment company Mitsui & Co. and NYK Line to construct and operate a container terminal at Jakarta’s Tanjung Priok port.