E-commerce gives ship to shore new meaning

The COVID-19 pandemic has changed the way Americans shop. And Jacob Horsely of Cushman & Wakefield believes now that consumers are comfortable ordering on sites from Amazon to Zappos, they won’t go back to brick-and-mortar shopping.

Horsely, the senior director of industrial brokerage services in Cushman & Wakefield’s Jacksonville, Florida, office, said e-commerce grew from roughly 13% to 14% of U.S. retail sales to 18% to 19% in just the past six months. 

“That’s just a huge spike,” Horsely...

https://www.freightwaves.com/news/e-commerce-gives-ship-to-shore-new-meaning

Port Tampa Bay slices warehouse operator’s payments

The coronavirus pandemic has spoiled a chunk of the fruit import business in the United States. Because of that decline, Port Tampa Bay’s board this week took a big slice out of a refrigerated warehouse tenant’s monthly payments. 

The board on Tuesday agreed to defer a $25,000 monthly loan payment for seven years and drop rent from $31,000 a month to 5% of revenues once those hit $5 million annually.

Port Logistics Tampa Bay leases 13.7 acres of land with a 140,000-square-foot refrigerated...

https://www.freightwaves.com/news/port-tampa-bay-slices-warehouse-operators-payments

Dredging project completed in Ukrainian port

China Harbor Engineering Company Ltd. (CHEC), together with the Ukrainian Sea Ports Authority, has completed the dredging project in the seaport of Chernomorsk, the ports authority said in a statement on Tuesday.

According to the statement, starting in August last year, the whole project, which involved dredging over 1.5 million cubic meters, was finished in less than 11 months.

“After finishing the ongoing and planned renovation works, Chernomorsk deepwater berths will be able to receive Panamax...

https://container-news.com/dredging-project-completed-ukrainian-port/

Dredging project in Guayaquil starts

The government of Guayaquil in Ecuador recently led the signing of a 25-year concession agreement with Luxembourg-based Jan De Nul Group for the deepening and maintenance of the 95-kilometer long access channel leading to the port of Guayaquil.

With dredging works expected to be completed within the first year of the concession, mega vessels will soon be able to enter the Port of Guayaquil – guaranteeing a new authorized draft of 12.5 meters at high tide, and 7.5 meters at the Guayas River. The...

http://container-news.com/dredging-project-guayquil-starts/

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