Ports & Terminals

Sri Lanka promises port project to resume after problems “sorted”

Reuters | March 26, 2015 | Ports & Terminals

China said that Sri Lanka's visiting president had promised work would resume on a controversial Chinese-backed port development in Colombo that his administration had earlier suspended. Read More »

Panama Canal sets sights on new $17 billion expansion project

Reuters | March 26, 2015 | Liner Shipping | Ports & Terminals

As it enters the final stretch of a massive expansion, the Panama Canal Authority is setting its sights on an even more ambitious project worth up to $17 billion that would allow it to handle the world's biggest ships. Read More »

Yemen shuts major ports due to conflict

Reuters | March 26, 2015 | Ports & Terminals

Yemen shut its major seaports, industry and local sources said, after neighboring Saudi Arabia and Arab allies launched military operations including air strikes against Iran-allied Houthi forces fighting Yemen's Western-backed president. Read More »

Texas begins statewide “Down to Business” Tour at Bayport Container Terminal

GlobeNewswire | March 26, 2015 | Ports & Terminals | Ports | Container Port

New Texas Secretary of State Carlos Cascos and members of his staff began a statewide introductory tour in Houston March 24 at the Port of Houston Authority’s Bayport Container Terminal. Read More »

Kenya ready to start work on first berths at northern port

Reuters | March 26, 2015 | Ports & Terminals

Kenya is ready to begin work on the first three berths at a long-delayed port on its northern coast, next to the historic trading town of Lamu, President Uhuru Kenyatta said in his annual State of the Nation address on Thursday. Read More »

Ports of LB and LA begin talks to improve supply chain efficiencies

AJOT | March 25, 2015 | Ports & Terminals

Top executives from the ports of Long Beach and Los Angeles held a kickoff meeting earlier this week to begin working together to focus on cargo conveyance strategies that will enhance velocity and efficiency throughout their gateway’s supply chain. Read More »

Port of Toronto Achieves Eight-Year High for Cargo Imports

AJOT | March 25, 2015 | Ports & Terminals | Ports | Container Port

Two Million Tonnes of Salt, Construction Material and Bulk Imports Delivered through the Port Last Year Read More »

Egypt’s Suez canal revenue at $382 million in February

Reuters | March 25, 2015 | Ports & Terminals | Canal and Waterway

Egypt’s revenue from the Suez Canal was $382 million in February, a government website said on Wednesday, down from $434.8 million in January. Read More »

Port of Houston Authority February Tonnage Jumps 22%

GlobeNewswire | March 24, 2015 | Ports & Terminals | Ports | Container Port

Activity across Port of Houston Authority docks continues to show strength as February 2015 tonnage figures reflected a 22-percent increase compared to February 2014. Read More »

Brazil’s port auctions are priority amid budget cuts

Reuters | March 24, 2015 | Ports & Terminals

A plan to attract private investment to Brazil's strained port infrastructure is even more important in the face of federal budget cuts that will curb public investment, Ports Minister Edinho Araújo said in an interview. Read More »

Logistec announces expansion of Termont’s container handling activities in Montréal

PR Newswire | March 24, 2015 | Ports & Terminals | Terminals | Terminal Operator

This redeveloped site will include a full-service berth for container vessels, two state-of-the-art post-Panamax cranes, a modern automated truck-marshalling gate, an efficient intermodal service using on-terminal rail operations, and a high-density container yard. Read More »

Brazil’s port auctions are priority amid budget cuts

Reuters | March 24, 2015 | Ports & Terminals | Ports

A plan to attract private investment to Brazil’s strained port infrastructure is even more important in the face of federal budget cuts that will curb public investment, Ports Minister Edinho Araújo said in an interview. Read More »

Port Everglades Association hosts Economic Engine Report Luncheon on March 27

AJOT | March 24, 2015 | Ports & Terminals | Ports | Container Port

Key leaders representing the major economic drivers in Broward County - Port Everglades, Fort Lauderdale-Hollywood International Airport (FLL) and Greater Fort Lauderdale Convention & Visitors Bureau - will share their accomplishments and plans for the future at the 7th Annual Economic Engine Performance Report Luncheon hosted by the Port Everglades Association on Friday, March 27, 2015. Read More »

East Coast sees ‘land of opportunity’ In wake of West Coast port concerns

Paul Scott Abbott | March 24, 2015 | Ports & Terminals | Ports | Container Port

East Coast ports look to see significant long-term container volume growth in the wake of West Coast labor and congestion issues, according to opening session speakers at the JAXPORT Logistics & Intermodal Conference. Read More »

All Ocean Services relocates headquarters to Port of Everett’s waterfront center

AJOT | March 24, 2015 | Ports & Terminals | Ports | Container Port

Marina Office relocating to accommodate new tenant, add efficiencies Read More »

Georgia Ports Authority marks 14.2% growth in containers

AJOT | March 23, 2015 | Ports & Terminals | Ports | Container Port

The Port of Savannah moved more than 284,000 twenty-foot equivalent container units in February. GPA photo/Stephen B. Morton Read More »

Triple Play at APM Terminals Pier 400 Los Angeles

AJOT | March 19, 2015 | Ports & Terminals | Ports | Container Port

Establishing a new record for US port operations, three Ultra-Large Container Ships (ULCS) with nominal respective capacities of 13,000 TEUs each, called APM Terminals Pier 400 Los Angeles between February 22nd and March 7th, representing a combined total of 34,465 container moves over the period, including intermodal cargo of 28 double stack trains. Read More »

Lloyds, Natixis and RBS sell Dubai World debt before $14.6 billion deal

Reuters | March 19, 2015 | Ports & Terminals | Ports

Lloyds Banking Group and Natixis have sold their holdings in debt of Dubai World, the state-owned conglomerate nearing a $14.6 billion debt restructuring, according to sources familiar with the matter. Read More »

Project milestone reached in construction of JAXPORT’s new rail facility

AJOT | March 19, 2015 | Ports & Terminals | Ports

The new road, located just east of the old Dames Point Road, allows drivers to bypass the commercial traffic entering and leaving the new rail facility. Read More »

Dubai’s DP World posts 11.8% rise in 2014 profit, margins firm

Reuters | March 19, 2015 | Ports & Terminals | Ports

Dubai’s DP World posted an 11.8 percent rise in 2014 net profit as profit margins grew in all its regions, the company said on Thursday. Read More »