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The Port of Rotterdam, located in the Netherlands, ranks among Europe’s largest seaports. Its strategic importance lies in its proximity to densely populated and industrialized areas such as the … |
https://maritime-professionals.com/new-expansions-in-rotterdam/
Ocean Network Express has signed definitive agreements to acquire a...
https://mfame.guru/three-container-terminal-acquired-by-one-on-the-us-west-coast/
Shipping lines have never amassed more cash than they have in the past two years — and they’re spending it freely on everything from new ships to airplanes to tech platforms to terminal operations.
France’s CMA CGM Group, which operates the world’s third-largest ocean carrier, unveiled its latest purchase Tuesday night. It confirmed it will buy the terminal assets of Global Container Terminals (GCT) in Staten Island, New York, and Bayonne, New Jersey.
In recent months, the Port of New York and...
https://www.freightwaves.com/news/cma-cgm-buys-new-yorknew-jersey-terminal-operations-from-gct
The employers who operate West Coast port terminals and the union representing dockworkers on Friday rejected calls to extend their contract that was set to expire at 5 p.m. PST, but they promised to keep cargo moving without interruption until an agreement is reached.
“Both sides understand the strategic importance of the ports to the local, regional and U.S. economies and are mindful of the need to finalize a new coast-wide contract as soon as possible to ensure continuing confidence in the...
https://www.freightwaves.com/news/fingers-crossed-as-west-coast-port-labor-talks-head-into-overtime
Early in the evening yesterday*, the shipping and trade industries were stunned by news of a sweeping range of aggressive strikes by the Maritime Union of Australia. A series of rolling 12 hour strikes are due every Monday, Wednesday and Friday for the first two weeks of November.
There...
https://www.shippingaustralia.com.au/christmas-crippling-strikes-announced-by-the-waterfront-union/
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Plaquemines Port announced Wednesday that development partner LA23 Development Co. (LA23 Devco) has secured the site for a future container terminal.
The land sits on the west side of the Mississippi River, 50 miles from the Gulf of Mexico, with rail access to both Union Pacific’s (NYSE: UNP) and BNSF’s (NYSE: BRK.B) lines.
The port has been working with LA23 Devco and Sustainability Partners to find the land and to design the logistics network for rail access.
“This is an exciting first step...
FREEPORT, Texas — Located in southeast Texas where the Brazos River empties into the Gulf of Mexico, Port Freeport is one of the ports best poised to accommodate bigger ships crossing the enlarged Panama Canal, officials say.
It is one of several ports that have embarked on massive expansion projects in recent years, anticipating more traffic and larger vessels coming through the canal.
“The canal’s expansion is a big part of our growth,” Cecil Booth, project engineer at Port Freeport, told...
https://www.freightwaves.com/news/gulf-ports-expanding-their-way-to-big-profits
Australia’s competition watchdog is appealing against the decision of the Federal Court in the NSW container terminal competition case.
At the time of privatisation of the ports of Newcastle, Botany and Kembla, the State Government had agreed for 50 years to compensate the operator of Port Botany & Port Kembla if container traffic at the soon-to-be rival Port of Newcastle rose above a certain threshold. The agreement was contained in documents known as “Port...
https://www.shippingaustralia.com.au/accc-appeals-federal-courts-container-terminal-decision/
Unprecedented congestion and the resulting delays to vessels have the effect of removing vast amounts of capacity from the world container shipping fleet, internationally respected maritime analyst company Sea-Intelligence has indicated.
Using Sea-Intelligence’s proprietary data, the company found that huge amounts of capacity are being soaked up by delays imposed on vessels. Approximately 25% of capacity on the...
