Terminal Operators

Terminal Operators

JOC.com provides the latest news about container terminal operators worldwide, including details of their ongoing projects and upcoming plans, and their initiatives for adopting various new technologies that speed up handling of mega-ship calls without incurring the higher upfront investment costs. According to Lloyd's List, the top ten port terminal operators are Cosco Shipping, Hutchison Port, PSA International, DP World, China Merchant Port Holdings, APM Terminals, Yilport Holding, Shanghai International Port Group, International Container Terminal Services, and Terminal Investment Ltd.

Commentary

Cosco has undertaken a series of investments and expansions that serve as evidence that it’s pressing on strong with its ambitious aim.

News & Analysis

11 Feb 2022
The Port of Virginia has about a dozen vessels anchored outside its harbor after two late January snowstorms disrupted operations for 96 hours, but the port believes it can recover quickly.
02 Feb 2022
Labor and chassis shortages and increasing truck turn times and vessel backlogs signal more congestion ahead for the ports of Los Angeles and Long Beach in the coming months.
01 Feb 2022
Shippers at the ports of Los Angeles and Long Beach for the next two weeks will pay a traffic mitigation fee on both day and nighttime container moves before reverting back to a daytime-only fee.
31 Jan 2022
While vessels have anchored outside ports in Georgia, New Jersey, and South Carolina, Virginia’s backlog has never been in the double digits despite volumes growing by 25 percent last year.
24 Jan 2022
Inflation, higher interest rates, and a gradual shift back to a more “normal” balance in consumer spending between goods and services will reduce import volumes in the second half of 2022, in turn relieving pressure on ports and inland supply chains.
14 Jan 2022
Plagued by vessel bunching, terminal congestion, and equipment shortages for much of last year, North America’s West Coast ports are cautioned that these conditions are likely to persist well into 2022 even if imports slow from the double-digit gains in 2021.
13 Jan 2022
Houston is seeing a surge in imports thanks to the upsizing of vessel services from Asia as other Gulf Coast ports look for a similar uplift.
12 Jan 2022
Several Southeast ports will expand container capacity in 2022, but the question for most is when will Savannah clear all the anchored vessels outside its harbor?
07 Jan 2022
Global 3PLs are facing competition from digitally oriented forwarders and vertically integrated container lines and terminal operators.
29 Dec 2021
Evergreen Marine has ordered six new ship-to-shore cranes after it completed berth dredging for a major capacity upgrade at its Los Angeles terminal.
28 Dec 2021
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.
27 Dec 2021
The ports of Los Angeles and Long Beach once again postpone the long-dwell container fees as a major terminal operator in Long Beach imposes fees of its own.
22 Dec 2021
The Port of New York and New Jersey is seeing more vessels sit longer at anchor as December winds down owing to increasing number of large ship calls.
09 Dec 2021
Importers have already begun removing long-dwelling containers from Oakland International Container Terminal since it began charging a fee for boxes that remain at the facility for an extended period.
07 Dec 2021
Canada’s antitrust watchdog said it is taking a look at PSA International’s proposed acquisition of Ceres, which would leave Halifax with one container terminal operator
03 Dec 2021
The sky-high ocean freight rates into the US East Coast have beckoned an increasing number of ‘tramp’ ships trying to secure berth space for container discharge at the NY-NJ port.
02 Dec 2021
A new set of fees at APM Terminals’ Pier 400 facility in the Port of Los Angeles aims to reduce the number of missed drayage appointments, but harbor truckers say the fees would punish them for conditions outside of their control
01 Dec 2021
An investigation into Australia’s shipping sector follows months of disruption to supply chains due to port congestion, stevedore industrial action, and curtailed carrier services.
24 Nov 2021
The Port of Long Beach will increase its annual throughput capacity by 1 million TEU in December when Long Beach Container Terminal opens a third vessel berth.
19 Nov 2021
The Port of Virginia is expanding the rail footprint of Norfolk International Terminals (NIT) to take advantage of import volumes that have grown at the fastest rate of any US Southeast port in 2021.
15 Nov 2021
Maersk’s joint venture with Durban-based forwarder and terminal operator Grindrod — along with other recent purchases and partnerships — could be the start of a splurge of similar deals as a cash-rich Maersk strengthens its global logistics footprint.
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.
04 Nov 2021
As Southern California ports begin to see the movement of long-dwelling containers, a second terminal operator in Tacoma will begin charging a similar fee, highlighting the need for quick action by West Coast ports to reduce congestion.
03 Nov 2021
CMA CGM is reinvesting record profits by regaining full control of a terminal in the most congested port complex in the world.
02 Nov 2021
Husky Terminal in Tacoma is the first container terminal in the Northwest Seaport Alliance to charge fees for excessive-dwell containers following a similar move in Los Angeles and Long Beach.
02 Nov 2021
Observers say emergency container fees in Los Angeles-Long Beach will harm small and mid-sized shippers that don’t have favorable arrangements with carriers for container storage that big-box retailers do.
22 Oct 2021
DP World continues to expand its basket of digital services to complement investments it’s made in physical assets, all designed to funnel volume into its terminal operating network.
19 Oct 2021
Terminal operators in Los Angeles-Long Beach say 24/7 gate hours are not feasible until retailers and truckers make better use of the 20 hours each weekday that are already available to them.
08 Oct 2021
Terminal operators in Los Angeles-Long Beach are not getting the response they expected from retailers and shippers despite efforts to keep gates open longer to relieve peak season congestion.
27 Sep 2021
Australian dockworkers are threatening to unleash a wave of strikes and work bans a Patrick Terminals, even as the ports struggle to keep facilities staffed amid COVID-19 infections.
23 Sep 2021
The ports of Los Angeles and Long Beach and their terminal operators seek quick relief from congestion problems as vessel bunching reaches historic levels.
20 Sep 2021
The ports of Los Angeles and Long Beach promise quick action to extend gate hours amid record cargo volumes, but their suggestions need buy-in from terminal operators, truckers, and shippers.
17 Sep 2021
Ports of Los Angeles and Long Beach announce new measures and incentives to speed cargo velocity as near-record freight volumes show no signs of slowing and congestion mounts.
17 Sep 2021
Their shared experience amid COVID-19 has brought longshore labor and employers on the West and East coasts closer together and is helping the ports to handle record cargo volumes this year, terminal operators said.
15 Sep 2021
The failure of importers to move their containers from the docks to their warehouses in a timely manner is the root cause of congestion at both East and West coast ports, terminal operators say.