The port of New York–New Jersey is looking at how it can deal with five years of expected cargo growth that has hit the port through 2021, while other Northeast ports are expanding capacity to deal with larger ships.
Ports America Group
Ports America Group
09 Nov 2021
Canada Pension Plan’s full takeover of Ports America may hit hurdle as two members of the Federal Maritime Commission ask for the deal to be reviewed for national security implications.
15 Jan 2020
Port Tampa Bay believes 2020 will be a big year with an expansion of its container terminal, three weekly trans-Pacific vessel calls, and a major push to win cargo owners in the Interstate 4 corridor by selling the value of short hauls to maximize hours of service.
02 Nov 2018
What triggered the walkout in the Baltimore terminal, which is operated by Ports America Chesapeake, is unclear, but the job action is a reminder that although the signing of the six-year master contract was seen as a harbinger of stability along the two coasts, disputes over local issues and actions can intervene.
06 Jul 2017
The superintendent organizing efforts come at a sensitive time for the ILWU and the Pacific Maritime Association.
06 Jul 2017
Yildirim’s CMA CGM stake is now valued by banks at between $2.5 billion and $3 billion.
12 Dec 2016
The proposed Novaporte project at Sydney and a rival one at Melford, 200 miles across Cape Breton Island, have been trying for several years to attract investors and dispel industry skepticism about their prospects.
26 Oct 2016
CSX Transportation and Ports America agreed to the hand-over in January.
03 Oct 2016
Ports America and Cooper/T. Smith have merged their Houston breakbulk operations into a joint venture that has acquired all assets of Shippers Stevedoring and Chaparral Stevedoring.
08 Feb 2016
Rather than being a loss for the Port of Oakland, the pending departure of Outer Harbor Terminal will be an economic plus to the port complex because it will concentrate more revenue-producing container volume into fewer marine terminals in order to fund their growth, Executive Director Chris Lytle said at the weekend.
03 Feb 2016
The decision Monday by Outer Harbor Terminal in Oakland to file for Chapter 11 bankruptcy protection will not deter Ports America from continuing to invest in its other container terminals on both the West and East coasts, the company said Wednesday.
01 Feb 2016
Outer Harbor Terminal in Oakland, the joint venture between Ports America and Terminal Investment Ltd. that operates one of the largest container terminals in the port, filed a Chapter 11 petition in the U.S. Bankruptcy Court in Delaware Monday.
22 Jan 2016
The pending departure of Ports America and its joint-venture partner Terminal Investment Ltd. from Oakland will give the port an opportunity to more efficiently utilize its terminal assets and possibly to re-purpose land for non-container uses, executive director Chris Lytle said Thursday.
19 Jan 2016
Ports America and its joint venture partner announced Tuesday it will terminate in March its 50-year lease for the Outer Harbor Terminal in Oakland as the company concentrates its investments in other U.S. container ports to prepare for today’s mega-ships operated by powerful carrier alliances, according to Peter Ford, chief strategy officer.
06 Jan 2016
CSX Transportation and Ports America Chesapeake have signed an agreement handing management of the Port of Baltimore's intermodal container transfer facility to Ports America.
19 Jun 2014
Greece has received expressions of interest from eight companies bidding for a majority stake in the Thessaloniki Port Authority (OLTH), the operator of the country’s second largest seaport.
01 May 2014
Greece has received expressions of interest from six companies seeking to bid for a majority stake in the port of Piraeus, its largest container port and an emerging Mediterranean transshipment hub.
06 Feb 2014
After more than five years of inertia in the marine terminal business, the industry is beginning to churn. Some investors who spent billions of dollars in the mid-2000s to buy into container terminals want out, while others see this as a good time to invest in the industry.
12 Jul 2013
The Port of Oakland’s board of commissioners has unanimously approved a lawsuit settlement that could produce the port’s first super-sized terminal.
11 Jul 2013
Officials from Port of Hueneme in California and Ports America have formally christened the stevedoring company’s new Liebherr LHM 420 Litronic mobile harbor crane.
25 Apr 2013
Ports America has appointed John Carver as executive vice president of business development, effective May 1, according to Michael Hassing, the terminal operator’s CEO.
18 Sep 2012
An administrative law judge has upheld the Waterfront Commission of New York Harbor’s decision to revoke a Ports America hiring agent’s license to work in the Port of New York and New Jers