As part of Busan’s larger effort to shore up its transshipment business amid fierce competition, the Korean government has announced plans to demolish an island to allow it to better handle mega-ships.
U.S. Secretary of Labor Thomas E. Perez said Monday that bills before Congress seeking to avoid lengthy negotiations marked by slowdowns and employer retaliation that recently plagued West Coast ports aren’t the answer.
European ports’ hinterland connections will get a boost via the European Union’s largest-ever infrastructure investment totaling 13.1 billion euro ($14.5 billion).
The Port of Los Angeles announced Monday it will begin construction this summer on a two-year, $127 million project to improve the marine terminal operated by Yusen Terminals, so that it can more efficiently handle larger vessels.
The Oakland Board of Port Commissioners Monday approved a $470 million fiscal year 2016 budget that will fund the continued development of logistics center aimed at boosting container volume at adjacent marine terminals, and other port productivity initiatives.
A proposal that could drastically increase costs for harbor pilots at the Port of Savannah could cause operational problems at the U.S. South Atlantic’s busiest port, a Georgia congressman warned last week.
Containerized cargo volume at the Port of Savannah in May set a record for the third consecutive month, indicating that the busiest U.S. South Atlantic port continues to gain market share from regional and West Coast competitors.
The diversion of cargo from West Coast ports this past year taught East and Gulf Coast ports a valuable lesson. They better start planning now if they are going to be prepared for another spike in cargo volumes next spring with the completion of the Panama Canal expansion project.
Minor ports in India are aggressively eating into the market share of their government-owned big rivals, as shippers and ocean carriers frustrated with growing delays at some of the leading public port complexes, including Jawaharlal Nehru Port Trust, look for alternative port options, according to an analysis of port statistics obtained by JOC.com.
Even before they endured four months of embarrassing and costly work slowdowns during contract negotiations between the International Longshore and Warehouse Union and the Pacific Maritime Association in 2014-15, California’s landlord container ports knew they had a congestion problem. They are now addressing the main cause of port congestion, which is outdated cargo-handling processes.