Ports & Terminals


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Charting the global economy: Clogged ports keep prices elevated

Bloomberg | November 08, 2021 | Ports & Terminals

Supply-chain jams are leading to congestion at ports around the world, keeping prices elevated.

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Valencia Containerized Freight Index (VCFI) rises 5.23% in October

AJOT | November 05, 2021 | Ports & Terminals

• Since the beginning of the historical series in January 2018, the VCFI accumulates a growth of 274.39% and stands at 3,743.95 points • The VCFI continues to be marked by the high demand for maritime traffic, fuel prices and congestion in areas such as the United States • The idle fleet at the end of October stands at 0.5% of the total fleet and reaches 124,919 containers • The Index grows in all geographical areas except the Eastern Mediterranean. Central America and the Caribbean (+10.13%) and Latin America Pacific (+9.76%) are the areas with the highest growth • The celebration of the "Golden Week" in China has paused logistics activity in this area for a week, which has affected supply chains

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Great Lakes Seaway Partnership commemorates Soo Lock progress

AJOT | November 05, 2021 | Maritime | Bulk | Ports & Terminals | Canal and Waterway

At a press event yesterday at the National Museum of the Great Lakes in Toledo, Ohio, Great Lakes maritime industry leaders joined with the U.S. Army Corps of Engineers to provide a progress update on construction of the new large lock at Sault Ste. Marie, Michigan.

Cooperation the key to more environment-friendly shipments

AJOT | November 05, 2021 | Ports & Terminals

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Port of Oakland chief asks state help in supply chain crisis

AJOT | November 05, 2021 | Ports & Terminals

Speaking as President of the California Association of Port Authorities (CAPA), Port of Oakland Executive Director Danny Wan requested state help this week to ease a U.S. supply chain crisis. He called for increased collaboration and solutions from all levels of government as containerized cargo continues to back up at California ports. Inaction could result in freight migration – and job loss – to other states, CAPA President, Danny Wan warned.

Ports America, Ceres, SSA Atlantic join forces in Savannah
Ports & Terminals
AJOT | Top Story | November 05, 2021

Ports America, Ceres, SSA Atlantic join forces in Savannah

Ports America, Ceres Marine Terminals Inc., and SSA Atlantic LLC have consolidated container terminal, truck gate and stevedoring services under a joint venture company, Gateway Terminals LLC, to help increase efficiency at the Port of Savannah.
Port snarls show cargo ships trying to avoid the big bottlenecks
Ports & Terminals
Bloomberg | Top Story | November 05, 2021

Port snarls show cargo ships trying to avoid the big bottlenecks

Congestion at many of the world’s major ports offered a snapshot of supply chains trying to avoid unprecedented bottlenecks, as cargo handlers searched for the quickest way to route goods through the clogged arteries of global commerce.
Latest threat in supply chain nightmares is storm season at sea

Bloomberg | November 05, 2021 | Ports & Terminals

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The Port of Antwerp and the Port of Montreal pledge to create a green shipping corridor

AJOT | November 04, 2021 | Ports & Terminals | Ports

At the 26th Conference of the Parties (COP26) on climate change, the Port of Antwerp and the Port of Montreal have signed a cooperation agreement to support the creation of the first green shipping corridor in the North Atlantic.

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Port of Kapellskär freight up 18 percent

AJOT | November 04, 2021 | Ports & Terminals | Ports | By The Numbers

This underlines how valuable the port is for the important supply of goods to the growing Stockholm region.

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The ports of València and Hamburg sign an alliance to promote the use of hydrogen

AJOT | November 04, 2021 | Ports & Terminals | Ports

The two entities are going to work together on projects for the generation, storage and application of hydrogen in the maritime sector

Konecranes and Cargotec announce operating model and leadership changes

AJOT | November 04, 2021 | Ports & Terminals | Equipment and Tech

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Port Manatee, Regional Rail ink long-term agreement

AJOT | November 04, 2021 | Ports & Terminals | Ports

Port Manatee has reached agreement for Regional Rail LLC to operate its seaport-owned short-line railroad through at least 2036, with options through 2051, advancing extended business opportunities for Manatee County’s rapidly growing seaport.

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LOGISTEC USA orders two mobile harbor cranes to reduce marine carbon footprint in Florida

AJOT | November 03, 2021 | Ports & Terminals | Equipment and Tech

Leading North American terminal operator LOGISTEC USA Inc. has ordered two new eco-efficient Generation 6 Konecranes Gottwald Mobile Harbor Cranes for their terminal at the Port of Manatee in Tampa Bay, Florida, USA.

CMA CGM to acquire one of the largest port terminals in the United States
Ports & Terminals
AJOT | Top Story | November 03, 2021

CMA CGM to acquire one of the largest port terminals in the United States

The CMA CGM Group, a world leader in shipping and logistics, has signed an agreement to acquire 90% stake in the Fenix Marine Services (FMS) terminal in Los Angeles
Panama Canal addresses global supply chain issues
Ports & Terminals
AJOT | Top Story | November 03, 2021

Panama Canal addresses global supply chain issues

Record FY21 traffic and significant investments through 2030
Texas tells cargo ships to join Tesla and ‘escape California’

Bloomberg | November 03, 2021 | Ports & Terminals | Ports

Fifty years in idle time seen for trucks at two major U.S. ports
Ports & Terminals
Bloomberg | Top Story | November 03, 2021

Fifty years in idle time seen for trucks at two major U.S. ports

Trucking trips originating around the U.S.’s busiest ports are showing massive increases in idle time, another sign of the supply-chain logjams plaguing American transport hubs.

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