Ports & Terminals

DP World sells stake in container services firm

AJOT | January 31, 2012 | Ports & Terminals

DP World, the world's third-largest port operator, sold its 34 percent stake in U.K-based Tilbury Container Services Ltd for $75.48 million, it said in a statement. Read More »

Iran grain shipments stranded as sanctions bite

AJOT | January 31, 2012 | Ports & Terminals

European Union sanctions have paralyzed food import deals to Iran leaving about 400,000 tons of grain held up on at least 10 ships outside Iranian ports for as long as three weeks, trade sources say. Read More »

New program to improve air quality at Port of Baltimore

AJOT | January 31, 2012 | Ports & Terminals

Owners and operators of short-haul dray trucks that serve the Port of Baltimore are encouraged to apply for incentives to purchase newer, cleaner running trucks under a program underwritten by federal and state funds. The Maryland Port Administration (MP Read More »

Port Commission of the Port of Houston appoints Waterworth as interim Executive Director

AJOT | January 31, 2012 | Ports & Terminals

The Port Commission of The Port of Houston Authority appointed Leonard D. Waterworth as the Interim Executive Director of the Port Authority at a special meeting. Read More »

Port of Houston Authority approves redevelopment plan for turning basin properties


AJOT | January 31, 2012 | Ports & Terminals

The Port Commission of the Port of Houston Authority has approved a significant new redevelopment plan for obsolete properties located on the Houston Ship Channel at the Turning Basin Terminal. Read More »

Port of Oakland Commissioners appoint new senior managers

AJOT | January 31, 2012 | Ports & Terminals

The Oakland Board of Port Commissioners appointed Jean Banker as Deputy Executive Director at a January Port Board meeting (Jan. 12, 2012) and Chris Chan as Director of Engineering during the December 15, 2011 Port Board meeting. Both are Port employees w Read More »

Port of Portland improves on third best tonnage year in 2011

AJOT | January 31, 2012 | Ports & Terminals

For the second year in a row, the Port of Portland handled the third most tonnage on record as 2011 totals improved upon results for 2010. Tonnage represents the total volume of all cargo that travels through the Port. The year-end report shows a two perc Read More »

Ports America relocates headquarters

AJOT | January 31, 2012 | Ports & Terminals

Ports America has relocated its group office from Iselin to Jersey City, New Jersey. The new address is 525 Washington Blvd., 16th Floor, Suite 1660, Jersey City, N.J. 07310. Telephone 732.635.3899. Read More »

Vale-China standoff over mega iron ore ships deepens

AJOT | January 31, 2012 | Ports & Terminals

Beijing has effectively barred mega iron ore ships owned by Brazilian miner Vale SA, stepping up protection of the domestic shipping industry and control over imports of the key steelmaking ingredient. Read More »

Record container volumes set at the Port of New Orleans in 2011

AJOT | January 31, 2012 | Ports & Terminals

2011 proved to be a banner year for container volumes at the Port of New Orleans. Year-end figures show the Napoleon Avenue Container Terminal moved 476,413 TEUs (twenty-foot-equivalent units), up 11.6 percent compared to 2010 - the Port’s previous record Read More »

Port of Indiana handles first January lake vessel in five years

AJOT | January 24, 2012 | Ports & Terminals

The Port of Indiana-Burns Harbor welcomed a rare January lake vessel to its docks this week. The "James Kuber" will export approximately 16,000 tons of local corn from port company Cargill to an ethanol plant in Sarnia, Ontario. The 700-foot vessel is exp Read More »

Sri Lanka’s Aitken Spence sells port stake to China Merchants

AJOT | January 24, 2012 | Ports & Terminals

Sri Lankan conglomerate Aitken Spence said it is selling its 30 percent stake in a $500 million port expansion joint venture to Hong Kong-based China Merchants Holdings. Read More »

PRPA signs cooperation agreement with Lithuanian Port of Klaipeda

AJOT | January 23, 2012 | Ports & Terminals

The Republic of Lithuania and the Philadelphia Regional Port Authority (PRPA) have signed an historic Memorandum of Understanding that promises to open Philadelphia ports to the European and Asian shipping trade via the ice-free port of Klaipeda, the Li Read More »

Port of New Orleans lauds Congressional delegation’s efforts to secure Mississippi River maintenance

AJOT | January 19, 2012 | Ports & Terminals

Port of New Orleans officials are hailing Louisiana’s Congressional delegation for their efforts to direct vital maintenance dollars to the U.S. Army Corps of Engineers to restore the Lower Mississippi River deep-draft channel to its authorized dimensions Read More »

New World Alliance adds Charleston calls to new trans-Atlantic service

AJOT | January 19, 2012 | Ports & Terminals

The New World Alliance consortium of ocean carriers announced a new Trans-Atlantic service that includes twice-weekly calls at the Port of Charleston's Wando Welch Terminal. Read More »

Port of Long Beach, OOCL to sign $4.6 billion middle harbor lease


AJOT | January 19, 2012 | Ports & Terminals

The Port of Long Beach has reached a tentative agreement on a 40-year, $4.6 billion lease with Orient Overseas Container Line (OOCL) for the Middle Harbor property, in what would be the largest deal of its kind for any U.S. seaport, Port of Long Beach Exe Read More »

Ports of Indiana handles largest annual tonnage in five years

AJOT | January 19, 2012 | Ports & Terminals

The Ports of Indiana handled 8.1 million tons of cargo in 2011, the largest annual tonnage since 2006. New ethanol and dried distillers grains (DDGs) shipments combined with gains in limestone, salt and steel cargoes fueled a 5 percent increase in total s Read More »

Dubai World unit eyes sale of UK asset to meet debt

AJOT | January 16, 2012 | Ports & Terminals

Economic Zones World (EZW), a unit of Dubai World, is considering the sale of its UK-based warehouse property developer Gazeley, as it looks to repay some of its debt of over $2 billion this year, three banking sources said. Read More »

Bentley proposes remedy as more nations divert US bound imports to avoid paying taxes

AJOT | January 16, 2012 | Ports & Terminals

Changing the Harbor Maintenance Tax from being collected only on ocean-borne cargoes to being collected on all freight from foreign sources entering the United States was proposed in a speech here tonight by former Congresswoman Helen Delich Bentley. Read More »

Konecranes to deliver two ship-to-shore cranes to Mozambique

AJOT | January 16, 2012 | Ports & Terminals

At the end of December 2011, Konecranes received an order for two ship-to-shore (STS) cranes from Cornelder de Moçambique (CdM). The cranes will be equipped with Konecranes’ remote management system and delivered to Port of Beira, Mozambique, in 2013. The Read More »