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Issue #592

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2014 Media Kit

Ports & Terminals

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Moody’s: Outlook for US ports changed to stable from negative on recovery of container volumes

AJOT | December 11, 2014 | Ports & Terminals | PT Finance News | Ports

Moody’s Investors Service has changed its outlook for the US ports to stable from negative as container volumes continue to recover. “Our new stable outlook is based on the view that the continuing recovery in US container-volume growth is sustainable and that business conditions for global shipping lines, which drive cargo volume, have stabilized,” says Myra Shankin, a Moody’s Analyst, in “2015 Outlook — US Ports.” Read More »

AAPA Notes Support For U.S. Seaports Continues In FY’15 ‘Cromnibus’ Bill Agreement

AJOT | December 11, 2014 | Ports & Terminals | Regulatory Issues

In reviewing the proposed $1.01 trillion Consolidated and Further Continuing Appropriations Act of 2015 hammered out in Congress late yesterday, the American Association of Port Authorities (AAPA) noted that there are significant increases for the U.S. Army Corps of Engineers’ Harbor Maintenance Tax (HMT) operations and maintenance (O&M) activities and construction budgets, Read More »

International Trade Rises 6.8% at Port Everglades WorldCity Business Reports for First Nine Months

AJOT | December 11, 2014 | Ports & Terminals | Ports | Container Port

Port Everglades is experiencing a surge in international trade with a 11 percent increase in TEUs (20-foot equivalent units, the industry’s standard measurement for container volumes) and a 6.85 percent increase in the dollar value of all waterborne commerce during the first nine months of calendar year 2014 compared to same period in 2013, according Port statistics and a report released today by WorldCity. Read More »

Port of Felixstowe Logistics Park launched

AJOT | December 09, 2014 | Ports & Terminals

The Port of Felixstowe has announced its latest warehousing and logistics development. The latest phase of growth will see the development of 1.45 million sq. ft. of warehousing on a 68-acre site, tailored to the needs of its customers. Read More »

U.S. port congestion magnifies cotton traders’ woes

Reuters | December 08, 2014 | Ports & Terminals | Ports | Dry Bulk Port

U.S. merchants face delays of as much as a week to ship cotton from major West Coast ports, threatening exports to China, the world’s largest textile market, ahead of a key Chinese deadline at month’s end for imports to arrive. Read More »

Holiday imports wrapping up as West Coast Port issues continue

AJOT | December 08, 2014 | Ports & Terminals

With most holiday merchandise safely in the country despite significant congestion impacting West Coast ports, import cargo volume at the nation’s major retail container ports is expected to continue to slow down this month, according to the monthly Global Port Tracker report released by the National Retail Federation and Hackett Associates. Read More »

Whitmore re-elected Port Manatee chair, board adds Smith

AJOT | December 07, 2014 | People | Appointments | Ports & Terminals | Ports

Whitmore re-elected Port Manatee chair, board adds Smith

Carol Whitmore has been elected to a third one-year term as chairwoman of the Manatee County Port Authority, the governing board of Port Manatee, which has welcomed Charles B. Smith as its newest member. Read More »

Charleston, SC tariff increase

AJOT | December 04, 2014 | Ports & Terminals | Seaport Service | Ports | Container Port

The South Carolina State Ports Authority plans on making changes to Terminal Tariff No. 8 effective January 1, 2015. Read More »

Maersk Line to Reduce Capacity in the Pacific Southwest

AJOT | December 03, 2014 | Liner Shipping | Ports & Terminals | Seaport Service | Ports | Container Port

Maersk Line will be reducing capacity to the Pacific Southwest. This move includes the current TP5 service as of January 15th, 2015; and Maersk Line will cease offering direct Taiwan Express product to the Pacific Southwest as of January 1st, 2015. Read More »

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