Ports

Even Germany’s largest universal port is affected by the repercussions of the corona crisis. Seaborne cargo throughput in the first quarter of the year at 31.9 million tons was 7.9 percent down on 2019.

Maritime opponents of the proposed Oakland A’s baseball park and condominium complex at the Port of Oakland’s Howard Terminal vigorously contested a study, backed by the A’s, stating the Port operations would not be impacted by the proposed stadium/condominium development.

Dow Inc. is exploring the sale of its ports on the U.S. Gulf Coast and six railway hubs as it refocuses on chemicals, according to people with knowledge of the matter.

Fitch Ratings has affirmed its long-term ‘A’ rating on JAXPORT’s $129.8 million in outstanding revenue bonds, citing the port’s strategic location, intermodal and infrastructure connectivity, growing automobile and container activity and diverse revenue base.

Freight moving smoothly but 10 percent of vessel calls scrubbed in May, June