San Pedro Bay

San Pedro Bay congestion recedes to Christmas Eve level

The number of container ships at anchor in San Pedro Bay has dropped by more than half since the 40 waiting to berth at either the port of Los Angeles or Long Beach on Feb. 1.

Seventeen container vessels were at anchor late Tuesday morning, with 10 destined for the Port of LA, according to Executive Director Gene Seroka. 

“That is the fewest container ships at anchor outside the Port of LA since Dec. 24, when there were also 10 container ships resting outside,” Seroka said, noting another 18...

https://s29755.pcdn.co/news/san-pedro-bay-congestion-recedes-to-christmas-eve-level

Project44 reels in Ocean Insights in ‘largest acquisition in visibility space’

With port congestion, particularly in California’s San Pedro Bay, making headlines, project44 made a huge splash Thursday in announcing it had acquired Ocean Insights to provide global supply chain visibility to its customers.

“BCOs [beneficial cargo owners] are getting squeezed at the ports and are screaming for relief. There is just way more freight coming into ports than the ports can handle, creating a record number of vessels waiting to get unloaded,” project44 founder and CEO Jett...

https://s29755.pcdn.co/news/project44-reels-in-ocean-insights-in-largest-acquisition-in-visibility-space

Seattle-Tacoma to congested Southern California ports: We feel your pain

The waterfall effect from Southern California port congestion has caused an ebb of exports in the Pacific Northwest.

Northwest Seaport Alliance (NWSA) CEO John Wolfe reported Wednesday that full exports in January were down 13.4% year-over-year, from 66,410 twenty-foot equivalent units (TEUs) in 2020 to 57,517 TEUs this year. 

“When … there is congestion at those other gateways, the vessel schedules are so far off that when they get to Seattle-Tacoma, the window of time for them to work the...

https://s29755.pcdn.co/news/seattle-tacoma-to-congested-southern-california-ports:-we-feel-your-pain

Hapag-Lloyd CEO: COVID, congestion, container shortage form ‘perfect storm’

All eyes are on California’s San Pedro Bay. Hapag-Lloyd focused on the congestion crisis at the ports of Los Angeles and Long Beach during a virtual press conference conducted Thursday from Germany with media outlets around the globe. 

“Today there is fairly extreme port congestion,” Hapag-Lloyd CEO Rolf Habben Jansen said, sharing an image crowded with dots representing ships anchored in San Pedro Bay waiting to berth. Jansen did not count the dots, but Port of LA Executive Director Gene Seroka...

https://www.freightwaves.com/news/hapag-lloyd-ceo:-covid-congestion-container-shortage-form-perfect-storm

62 ships at anchor in San Pedro Bay on Wednesday

Sixty-two vessels, including 20 container ships destined for the Port of Los Angeles, were at anchor in San Pedro Bay early Wednesday afternoon.

“If we do nothing, we will still have vessels at anchor come midsummer,” Port of LA Executive Director Gene Seroka said during a press conference Wednesday. 

“Under normal conditions, we usually don’t have any container ships at anchor. Before the import surge, we would see 10 to 12 container vessels at berth on a typical day here at the Port of LA....

https://s29755.pcdn.co/news/62-ships-at-anchor-in-san-pedro-bay-on-wednesday

Seroka: Port of LA ‘stayed the course’ during difficult 2020

Port of Los Angeles Executive Director Gene Seroka delivered a State of the Port address Thursday that reflected on Americans’ resiliency during the COVID-19 pandemic while looking ahead to economic resurgence.

Seroka said that despite the “unexpected events” of 2020, the port accomplished or significantly advanced all of the priorities he laid out in his address last year. Focus on such priorities as workplace diversity, supply chain optimization, drayage efficiency, zero-emissions equipment...

https://s29755.pcdn.co/news/seroka-port-of-la-stayed-the-course-during-difficult-2020

Container Shipping Boom To Continue in 2021? Or Is the Party Over?

According to a Freight Waves article written by their Senior Editor Greg Miller, there could be a hard landing when the container boom finally ends.

The Year End Boom

As 2020 draws to a close, the world’s container-shipping network is bursting at the seams.

  • The Shanghai Containerized Freight Index jumped again last week, to another all-time high. 
  • There’s market chatter of all-in Asia-West Coast rates (including premiums) of over $8,000 per forty-foot equivalent unit (FEU) and Asia-East Coast...

https://mfame.guru/container-shipping-boom-to-continue-in-2021-or-is-the-party-over/

Port of Long Beach again breaks container record

The Port of Long Beach has handled more than 800,000 twenty-foot equivalent units (TEUs) in a single month for the first time in its 109-year history.

The port moved 806,603 TEUs in October and broke the record set just a month earlier by more than 11,000 TEUs. Trade was up 17.2% from October 2019, the port said.

The port said imports jumped 19.4% last month compared to October 2019 with 402,408 TEUs, while exports were down 12.9% to 114,679 TEUs. Empty containers headed back overseas grew 31.8%...

https://www.freightwaves.com/news/port-of-long-beach-again-breaks-container-record

LA and Long Beach ports could learn from Mister Rogers

Mister Rogers sang songs and staged puppet shows to teach us how to be good neighbors.

Well, Mister Rogers is dead and the world has gone to hell in a handbasket. Perhaps we have set aside being neighborly during the COVID-caused economic firestorm that is proving fatal for businesses large and small. 

For our story, we turn to California’s San Pedro Bay neighbors, a “disappointing” press release and the lack of agreement on implementation of a $10-per-twenty-foot-equivalent-unit (TEU) clean...

https://www.freightwaves.com/news/la-and-long-beach-ports-could-learn-from-mister-rogers

Port of Long Beach posts 11.1% container decline

The Port of Long Beach said Friday the COVID-19 pandemic continued to drive down demand for goods in the second quarter of 2020, leading to an increase in canceled sailings and a decline in containers shipped through the gateway.

Dockworkers and terminal operators moved 602,180 twenty-foot equivalent units (TEUs) last month, an 11.1% decline compared to June 2019, the port said. Imports shrank 9.3% to 300,714 TEUs and exports dropped 12.2% to 117,538 TEUs. Empty containers shipped to Asia were...

https://www.freightwaves.com/news/port-of-long-beach-posts-111-container-decline

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