Port Metro Vancouver is receiving a modest windfall in container volume thanks to the uncertainties surrounding longshore contract negotiations on the U.S. West Coast, but it might have profited even more if its terminals had more capacity to handle diverted cargo. Projects are planned to expand its capacity substantially over the next 10 years.
The Port of Oakland was returning to normalcy Wednesday after four days of on-again, off-again demonstrations by anti-Israel protesters involving the Zim Piraeus container ship.
The Port of New Orleans is revamping its Mississippi River Intermodal Terminal to the tune of $21 million after a bid was awarded to a Louisiana-based construction company.
Container volume is increasing at North Carolina’s Port of Wilmington thanks to carriers’ service expansions.
Brazilian waterways regulator Antaq approved $1.73 billion in upgrades for ports in Rio de Janeiro and Santos.
APM Terminals saw volume and profit rise in its second quarter, thanks to some of its terminals becoming fully operational and the addition of new terminals in growth markets.
Asia is king among global container ports, even if stalwarts such as Hong Kong, which slipped to fourth place last year in part because of a 40-day dockworker strike at five terminals, have retreated a bit.
The largest International Longshoremen’s Association local in Baltimore is disputing an arbitrator’s ruling that the union is liable for $3.86 million in damages for a strike that idled the port for three days last October.
China’s robust container throughput growth began to slow at major mainland ports in July as a European restocking drive faded and U.S. orders were brought forward to beat potential West Coast strikes.