Ports & Terminals

While showing optimism in general, a diverse group of ocean transportation leaders speaking at the American Association of Port Authorities’ Planning for Shifting Trade Conference have some genuine concerns as well.

On the heels of a record performance in 2017, the Port of Montreal has moved an important step further to establish a sixth container terminal, located at Contrecoeur, where there is an existing bulk shipping facility 25 miles away on the south shore of the St. Lawrence River.

The Hogan Administration today announced that 2017 was a record year of business for the Helen Delich Bentley Port of Baltimore’s state-owned public marine terminals.

In late December 2017, Port Newark Container Terminal LLC (PNCT) secured $298 million in tax exempt bond proceeds that will be used to refinance existing debt and to finance the ongoing development of the terminal.

Chris Lytle, executive director, Port of Oakland told AJOT in an interview that “the Port has been approached by three carriers, raising the possibility of Oakland becoming the first U.S. Pacific Coast port of call.

Increased investment in U.S. transportation infrastructure is being urged as the American Association of Port Authorities’ 11th annual Planning for Shifting Trade Conference gets under way today [Jan. 30] in Tampa, Florida.