Ports & Terminals

Egypt sees revenue in Suez Canal corridor project

AJOT | October 09, 2012 | Ports & Terminals

Straddling one of the world's great sea routes, the Suez Canal corridor is set to become a bridge connecting Africa with Asia if a grand plan by Egypt's new government comes to fruition. Read More »

Industry park to drive Abu Dhabi’s new port, CEO says

AJOT | October 09, 2012 | Ports & Terminals

Abu Dhabi's new Khalifa Port, built at a cost of $7.1 billion, expects to reach an initial target for container handling capacity in five years on the back of a growing industrial park nearby, a top executive of the management company said. Read More »

VPA signs 20-year lease with ecoFUELS; signals new beginning for PMT

AJOT | October 09, 2012 | Ports & Terminals

The Virginia Port Authority (VPA) has approved a 20-year lease with its first tenant at Portsmouth Marine Terminal (PMT), ecoFUELS Pellet Storage LLC, a Virginia-based company that exports wood pellets to Europe. Read More »

Retail container imports to increase 9.9% in October as stores stock up for holiday season

AJOT | October 09, 2012 | Ports & Terminals

Import cargo volume at the nation’s major retail container ports is expected to increase 9.9 percent in October as merchants wrap up the annual shipping cycle for holiday merchandise, according to the monthly Global Port Tracker report released today by t Read More »

ECT and Kloosterboer to develop Rotterdam Cool Port

AJOT | October 02, 2012 | Ports & Terminals

Kloosterboer, Europe Container Terminals (ECT) and the Port of Rotterdam Authority want to join forces in setting up Rotterdam Cool Port. The planned location for this intermodal hub for the transhipment and storage of refrigerated and frozen products is Read More »

Third sailing added to Richmond barge service

AJOT | October 02, 2012 | Ports & Terminals

Virginia Port Authority (VPA) officials are confident that a third sailing of the container-on-barge service called the 64 Express that connects the Hampton Roads Harbor with the Port of Richmond will be a factor in doubling the volume of cargo moved by t Read More »

Seaports proving to be safe harbors for US Industrial real estate sector, despite a turbulent global

AJOT | October 01, 2012 | Ports & Terminals

Competition for market share of inbound shipping remains fierce among U.S. ports, especially as the east coast gears up for an expanded Panama Canal and trade flows continue to shift among developed and emerging countries, according to Jones Lang LaSalle’ Read More »

Virginia is first East Coast stop on reworked MSC service

AJOT | October 01, 2012 | Ports & Terminals

The Port of Virginia will be the first US East Coast stop on a reworked vessel service operated by Mediterranean Shipping Co. (MSC) that will bring more import cargo from South America to Virginia. Read More »

VPA Board names Oliver interim Executive Director

AJOT | September 26, 2012 | Ports & Terminals

The Virginia Port Authority Board of Commissioners named Rodney W. Oliver as the interim executive director of the agency, taking over for Jerry Bridges who is scheduled to step down from the agency’s top position on Oct. 31. Read More »

$14 million investment drives Port of Brunswick expansion

AJOT | September 26, 2012 | Ports & Terminals

A $14.7 million investment in the Georgia Ports Authority’s Brunswick facilities has significantly increased capacity, driving tremendous expansion in the Port of Brunswick’s auto-machinery and biomass fuel trades. Read More »

ATA Truck Tonnage Index fell 0.9% in August

AJOT | September 24, 2012 | Ports & Terminals

The American Trucking Associations’ advanced seasonally adjusted (SA) For-Hire Truck Tonnage Index contracted 0.9% in August after increasing 0.4% in July. (July’s gain was better than the no change ATA reported on August 21.) In August, the SA index equa Read More »

Dow transports raise warning flag for U.S. economy

AJOT | September 24, 2012 | Ports & Terminals

A slew of profit warnings from transportation companies like FedEx Corp and Norfolk Southern Corp is raising questions about whether the overall market will end this year on a high note. Read More »

Philippines terminates rail project; to repay China loan

AJOT | September 24, 2012 | Ports & Terminals

The Philippines said it was terminating a $500-million rail project after a review uncovered irregularities in the deal for the project to be built by a Chinese company but it agreed to pay back China for a loan tied to the project. Read More »

APM Terminals Bahrain wins more business

AJOT | September 24, 2012 | Ports & Terminals

APM Terminals Bahrain received calls from two consecutive Hanjin Shipping vessels on the weekly Pacific South & Gulf (PSG) US West Coast/Asia/Middle East pendulum service operated with NYK Lines as the Korean-based Read More »

Konecranes to supply nine RTGs to Bolloré Group in West Africa

AJOT | September 24, 2012 | Ports & Terminals

In August 2012 Konecranes received two orders for a total of nine RTGs (Rubber Tired Gantry) from Bolloré Group. The cranes will be delivered to MPS Container Terminal in Tema, Ghana and Benin Container Terminal in Cotonou, Benin. The parties have agreed Read More »

Packer Avenue Marine Terminal welcomes international port security delegation

AJOT | September 24, 2012 | Ports & Terminals

Greenwich Terminals, LLC recently welcomed a delegation from the United States Coast Guard and port representatives from around the world to discuss and brief its partners on the latest trends and ideas in securing borders at seaports and other locations. Read More »

US dockworkers extend contract talks, averting strike

AJOT | September 24, 2012 | Ports & Terminals

Negotiations between the U.S. dockworkers union and the organization for shipping companies and ports have been extended for 90 days, through Dec. 29, averting a potential strike that would stop deliveries to ports along the U.S. Atlantic and Gulf coasts. Read More »

Port of Long Beach awards $36.8 mil for rail upgrades Green Port Gateway project to begin this fall

AJOT | September 24, 2012 | Ports & Terminals

The Long Beach Board of Harbor Commissioners this week awarded a $36.8 million construction contract for the “Green Port Gateway,” a railroad project designed to enhance the Port of Long Beach’s capacity for “on-dock rail” — which cuts down on truck traff Read More »

Port Awards $36.8 million for Rail Upgrades ‘Green Port Gateway’ project to begin this fall

AJOT | September 20, 2012 | Ports & Terminals

The Long Beach Board of Harbor Commissioners this week awarded a $36.8 million construction contract for the “Green Port Gateway,” a railroad project designed to enhance the Port of Long Beach’s capacity for “on-dock rail” — which cuts down on truck traff Read More »

Port of New Orleans announces new Latin American container service

AJOT | September 19, 2012 | Ports & Terminals

German shipping company Hamburg Sud recently added the Port of New Orleans to a new weekly service to Latin America. Read More »