Ports & Terminals

Retail imports surging again ahead of more tariffs

AJOT | September 10, 2019 | International Trade | Ports & Terminals

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Yang Ming hauls success of new Liverpool feeder service

AJOT | September 10, 2019 | Maritime | Liner Shipping | Ports & Terminals

A new express feeder service to Liverpool has smashed its initial targets almost immediately after launching in June, underlining demand for a direct Far East call at the port.

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Liebherr opens new subsidiary in Hamburg Port

AJOT | September 10, 2019 | Ports & Terminals | Equipment and Tech

Liebherr-MCCtec Vertriebs- und Service GmbH is investing approximately 20 million euros in a new subsidiary in Hamburg Port. The official handover took place on 6th September 2019.

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Panama’s Cabinet Council approves Panama Canal tolls structure modifications

AJOT | September 09, 2019 | Ports & Terminals | Canal and Waterway

The approved structure features a series of new adjustments in acknowledgement of industry input, including a delayed implementation date for some market segments

ICTF Joint Powers Board to meet at Civic Chambers Sept. 11

AJOT | September 09, 2019 | Ports & Terminals

Kunz delivers crane with lifting cantilever for Dutch customer

AJOT | September 09, 2019 | Ports & Terminals | Equipment and Tech

Loadsmart announces $19 million investment for major drayage initiative with Maersk and Ports America

Maritime

AJOT | Top Story | September 06, 2019

Loadsmart announces $19 million investment for major drayage initiative with Maersk and Ports America

Loadsmart, a digital freight technology company, today announced they have raised $19 million to embark on a major initiative to improve the flow of freight through American ports. Ports America, the largest terminal operator and stevedore in the U.S., joins the world’s largest container ship and supply vessel operator’s investment arm Maersk Growth as an investor. This latest round follows Loadsmart’s series A round in late 2018, bringing total funding to date to $53.4 million.

Maritime Group takes space at iPort

AJOT | September 05, 2019 | Ports & Terminals | Ports

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OPC is among ‘best companies to work for’ in Honduras

AJOT | September 05, 2019 | Ports & Terminals | Terminals

ICTSI was recently recognized as among the most attractive companies to work for in the logistics and distribution category, according to Central America-based recruitment portal Tecoloco.com.

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Port Manatee trade hub expands reach with four-city tour

AJOT | September 05, 2019 | Ports & Terminals | Ports

Having just completed successful global business opportunity events in four Florida cities, the International Trade Hub at Port Manatee continues to expand its commerce-nurturing reach.P

Twelve years later the locks still not replaced

Ports & Terminals

Stas Margaronis | Top Story | September 04, 2019

Twelve years later the locks still not replaced

Twelve year congressional delay funding upper Mississippi lock and dam project hurts U.S. farm exports & aids U.S. competitors

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Port Everglades waives tariff charges for relief supplies

AJOT | September 04, 2019 | Ports & Terminals | Ports

Broward County’s Port Everglades is waiving its tariff charges for ocean shipping lines transporting humanitarian relief supplies to the Bahamas in the wake of Hurricane Dorian.

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Liebherr hands over 14th STS crane to DCT Gdansk

AJOT | September 03, 2019 | Ports & Terminals | Equipment and Tech

Just as DCT Gdansk played host to the world’s largest container vessel, the MSC Gülsün, Liebherr Container Cranes Ltd. prepared to hand over a state-of-the-art, ultra-large container crane to the DCT terminal.

PSA International acquires Penn Terminals

Ports & Terminals

AJOT | Top Story | September 03, 2019

PSA International acquires Penn Terminals

PSA International Pte Ltd (PSA) has completed the acquisition of Penn Terminals (Penn) located on the Delaware River, United States of America (USA), from Macquarie Infrastructure Partners, a fund managed by Macquarie Infrastructure and Real Assets, following formal approval by the relevant regulatory authorities.

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Two more Damen tugs for Ecuador harbour support

AJOT | September 03, 2019 | Ports & Terminals | Equipment and Tech

Damen Shipyards Group has sold two Azimuth Stern Drive (ASD) Tugs to Ecuador-based DLEN S.A. The vessels will give tug assistance during bunkering operations to Corpetrolsa’s fleet of tankers, a subsidiary of DLEN, as well as other vessels entering the ports of Esmeraldas and La Libertad.

Port of Redwood City earthquake drill demonstrates importance of ports

Ports & Terminals

Stas Margaronis | Top Story | August 30, 2019

Port of Redwood City earthquake drill demonstrates importance of ports

Steve Longoria, chief security officer for the Port of Redwood City, briefed first responders during an earthquake response drill on August 29th emphasizing the importance of training for emergencies as realistically as possible.

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Hurricane Dorian: Florida transportation delays expected

AJOT | August 30, 2019 | Ports & Terminals | Ports

Transport delays are expected across the southeast coast of the US as Florida's Atlantic cost prepares for Hurricane Dorian to make landfall early on Monday.

UK government pledges £30 million to bolster ports for Brexit

AJOT | August 30, 2019 | Ports & Terminals | Ports

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Administrator Quijano bids the Panama Canal farewell

AJOT | August 30, 2019 | Ports & Terminals | Canal and Waterway

Upon taking over as the Administrator of the Panama Canal in September 2012, the future appeared to be full of challenges. I was just the third Panamanian to lead the waterway, tasked with navigating the organization through a shifting industry and uncertain global economy. We were also mid-way through our Expansion Program, the largest enhancement project ever undertaken by the waterway, and beginning to advance new projects like the construction of a new bridge over the Canal on the Atlantic side. While we still had a long way to go in our transformation, I assured the international maritime community that the Canal’s legacy was rooted in embracing challenges. Our workforce was committed to ushering in a new era for world commerce and for our country. Seven years later, I can look back and say our team surpassed even our most ambitious expectations. Since its inauguration in 2016, the Expanded Canal has proven itself as a tremendous feat of engineering and transformative force for global trade. Key segments like liquefied petroleum gas (LPG) and liquefied natural gas (LPG) have taken advantage of the route's ability to accommodate the larger vessels, offering a highly competitive route for U.S. gas deliveries to major Asian, South and Central American importers with significant reductions in voyage time. Further, the Expanded Panama Canal has contributed to significant infrastructure investments across U.S. ports in order to capitalize on economies of scale. Through this time, we have also secured a strong financial standing, as recognized by Fitch this month with an A credit rating. Over the past seven years, the waterway has also exponentially increased tonnage while continuing to invest in its operations infrastructure and equipment thus enhancing capacity, transit efficiency, reliability and safety. Even as we celebrate our 105th year in operation, the team continues to achieve new remarkable records across segments. In the past year alone, we welcomed the transit of the first Q-Flex LNG tanker and the largest containership to-date exceeding the 15,000 TEU threshold. Just this month, we also set a new daily tonnage record with 1.706 million Panama Canal tons (PC/UMS) on August 16, and have reached the 7,000th Neopanamax transit since the inauguration of the Expanded Canal. This month we also completed the construction of the iconic pre-stressed concrete cable-stayed Atlantic Bridge over the Canal. The Canal's strategic geographic location has enabled vessels to shorten the distance compared to alternate routes, thus reducing costs and greenhouse gas emissions. In combination with the introduction of the Expanded Canal, which offers greater cargo carrying capacity and requires less cargo movements, the waterway is estimated to have saved more than 800 million tons of carbon dioxide (CO2) emissions over the course of its history. This is in addition to the 140 million tons of CO2 captured through conservation measures in the Panama Canal watershed, and 3.5 million tons of CO2 reduced through the Canal’s Environmental Economic Incentive Program. While my time as Administrator will come to a close next month, I am deeply thankful for the performance of our dedicated workforce, supportive fellow Panamanians and loyal customers who made the past seven years so fruitful. I will leave the Canal well-positioned for its next era of growth and have tremendous confidence in the new leadership’s ability to build off our strong foundation. If my 44-year long career at the waterway taught me anything, it’s to never underestimate our team’s ability to exceed expectations, and I look forward to watching the waterway’s next chapter unfold.