Griff Lynch, executive director of the Georgia Ports Authority, and other Peach State officials could not be more enthused about the Port of Savannah’s 10-year, $2.5 billion expansion, to grow annual throughput capacity of the Western Hemisphere’s largest single container terminal to 8 million 20-foot container units from its present 5.5 million TEUs.
Congressman John Garamendi (D-CA) told California maritime executives that the US Coast Guard is “seriously underfunded” and lacks the heavy ice breaker fleet that Russia and possibly China might deploy to dominate polar sea lanes.
Beyond projected depression of trade volumes with Asia, U.S. ports are facing a less-publicized but equally real threat related to tariff imposition: High duties on container cranes and other cargo-handling infrastructure.
Mario Girard, President and CEO of the Québec Port Authority (QPA), has announced that Don Krusel, architect of a spectacular transformation of the Port of Prince Rupert, has been appointed managing director of the Port of Québec’s project to build a container terminal.
Toyota has won approval to build its first zero emission auto terminal at the Port of Long Beach powered by hydrogen fuel cells. The current terminal will be renovated and should be operational in about eighteen months, according to a Toyota spokesman.
There are plenty of advantage to using air freight forwarding services that professional logistics companies offer. After all, it’s faster, more practical and easier to navigate. However, there are certain downsides to this method of cargo transportation.
There’s a new air of cautious optimism among vessel owners and supply chains as bulker, container, ro-ro and cruise markets recalibrate, signalling a switch from survival mode to recovery for the shipping sector.