The Port of New York and New Jersey saw its container volume grow by a dramatic 13 percent in 2002, sparked by a substantial increase in Asian trade. Port Commerce Director Richard M. Larrabee said the New York-New Jersey port accounted for 59.6 percent of the containerized cargo handled by all North Atlantic ports, and 13.5 percent of all U.S. ports New York Governor George E. Pataki said, “The strength and vitality of the port has clearly given the New York regional economy a needed boost at a critical time. In addition to providing a broad selection of products for the store shelves in the nation’s biggest consumer market, the New York-New Jersey port generates a total of 228,946 full-time jobs resulting in $14.6 billion in economic activity for the region.” Port Commerce Director Larrabee said, “The 13-percent increase in the port’s containerized cargo reinforces our belief that more and more shippers are migrating to the use of all-water services to transport their products from Asia to the Northeastern and Midwestern parts of this country. “The port also is an integral link in the logistics supply chain,” Larrabee said. “It provides the gateway for products that are sent to distribution centers in the New York-New Jersey region for additional value-added services before being delivered to store shelves not only in our area but also around the world.”
(Photo Credit: Richard Grable) Fueled in part by a spate of luxurious newbuildings such as the Queen Mary 2, the cruise industry, according to government statistics, is growing by leaps and bounds. Reflecting a rise in the popularity of passengers departing from ports closer to their homes, cruise lines carried 2.3 million passengers on North American cruises in the first quarter of 2004, the Maritime Administration (MARAD) reported today. The figures reflect a 13
According to reports, the Port of New Orleans is in dire need of federal and state aid to save some of its most damaged operations and businesses, the port's president and chief executive told the maritime industry in his annual state of the port address. Gary LaGrange said the port is in a battle to retain the nine maritime businesses that operate along the Industrial Canal, a 1,000-acre tract of port property that was devastated by Hurricane Katrina
Scottish cargo customers are benefiting from the launch of a new domestic service, linking the Port of Grangemouth to strategic east coast English ports. Forth Ports has recently teamed up with Feederlink to provide a service from Grangemouth – the UK’s largest feeder port – to Southampton, offering an opportunity for Scottish customers with export, import and domestic cargo needs. The new route meets the demands of a range of industry sectors – in particular retail
DP World Chairman welcomes mega-vessel to Jebel Ali port's new 1 million TEU Terminal 2 expansion. HE Sultan Ahmed Bin Sulayem, Chairman, DP World, officially opened the new extension to Container Terminal 2 (T2) at flagship Jebel Ali Port, welcoming one of the largest container ships afloat, the MSC La Spezia. A red carpet welcome was given to the 366-metre long vessel, which has 14,000 TEU (twenty-foot equivalent container units) capacity.
The Port of Hueneme conducted its first operational and safety vessel test of its recently installed Grid-Based Shore Power system. Port crews were on hand to view this first vessel ‘plug in’ by Hamburg Sud’s M/V Cap Pasley, carrying fresh fruit for Chiquita Brands of Charlotte, North Carolina. The initial test of ‘plugging in’ a vessel is critical to the assessing performance of this new and very high voltage shore power system
The Port Authority of New York and New Jersey and the Panama Canal Authority will sign an agreement designed to boost trade between Asia and the Port of New York and New Jersey at an 11 a.m. ceremony on Tuesday, June 17, at the Newark Club in downtown Newark, N.J. Asia is the leading trading partner of the New York-New Jersey port, providing a wide range of goods for this region's 18 million consumers, including furniture, sporting goods, footware and toys. There currently
New York and New Jersey are close to reaching an agreement that would break a 17-month deadlock over a port lease that has paralyzed the Port Authority of New York and New Jersey, according to press reports. Neither New York Gov. George Pataki nor New Jersey Gov. Christie Whitman had signed off on the deal as of early Wednesday evening, but both sides expressed hope that the feud might be near an end. According to those with knowledge of the discussions
With homeland security becoming more critical in recent months, the 24th annual International WorkBoat Show, to be held November 28-30 at the Ernest N. Morial Convention Center in New Orleans, will host a special security panel entitled "The Changed Waterfront of Maritime Port Security," as part of the event's comprehensive conference program. The panel, to be held on Thursday, November 29, at 2 p.m., will feature experts from the U.S
The renewed alliance between the Panama Canal Authority (ACP) and the Port of New Orleans – which has recently adopted a 2020 growth Master Plan of $1.04 billion, partially driven by the Canal’s expansion – will help spur investment, increase trade and promote the “All-Water-Route” (the route from Asia to the U.S. East and Gulf Coasts via the Panama Canal). During an official ceremony yesterday in Panama
Van Oord has acquired all shares of its Spanish subsidiary Dravo S.A. Dravo S.A. has been owned, since 1987, by Van Oord (50%) and the Spanish company Dragados S.A. (50%), a subsidiary of ACS, the largest Spanish infrastructure contractor
Inchcape Shipping Services (ISS), the world’s leading maritime services provider, has expanded its network in Central and South America with the opening of ISS Venezuela in Puerto La Cruz, to satisfy strong customer demand. Port Manager, Aldo M
The Canaveral Harbor Inlet Sand Bypass Project has earned the top state ranking for 2014/15 inlet management funding. As a result, Port Canaveral is expected to receive $100,500 in grant funding from the Florida Department of Environmental Protection (FDEP) for beach renourishment.
The Coast Guard advises it is in the final stages of reviewing a salvage plan that is scheduled to begin Friday morning to move the 751-foot bulk carrier, 'Ornak', aground near First Landing State Park in Virginia Beach, Va. “Moving a vessel of this size off the beach is a complicated and
Canada needs to invest in shipping more grains and oilseeds off the West Coast as harvests get larger, to avoid the massive transportation backlogs that followed last year's record crops, industry officials said on Wednesday. Last year, 19
Harsh winter elsewhere, ship deployment changes soften traffic Container volumes at the Port of Long Beach dipped in March, compared to the same month one year ago, with a decline of 1.9 percent overall and imports essentially flat. March saw some shipping lines suspend services or switch to
Georgetown grows 10 percent fiscal year to date Today South Carolina Ports reported March pier container volumes were the highest since August 2008. Last month the Port handled 85,616 boxes, totaling 692,338 pier containers fiscal year to date.
Company will open new crane distribution center WireCo WorldGroup Inc., the world’s leading producer and marketer of specialty steel ropes and high synthetic ropes, announced today that WireCo has acquired the assets of Endenburg B.V., a Netherlands-based company
Padbury Mining on Thursday failed to reveal the investors behind a more than $6 billion port and rail project in Western Australia's iron ore belt, asking for its shares to remain suspended until it can provide details on the huge deal.
Another six State Route 520 bridge pontoons began floating out of the Aberdeen casting basin late Tuesday night, April 15, marking completion of the fourth of six cycles of pontoons being built in Grays Harbor. “With the fourth cycle complete
The Port of Los Angeles has released its March 2014 containerized cargo volume figures, showing that container imports surged 42 percent, from 231,397 TEUsin March 2013 to 327,497 TEUs in March 2014. Exports rose 21 percent, from 154,428 TEUs in March 2013 to 187,826 TEUs in March 2014.
The Port of San Diego apprises it is to host separate open house events for the public to provide feedback on its long-range vision and 'Integrated Port Master Plan Update' process. The Port of San Diego, the fourth largest in California, is in the midst of developing a 50-year Vision Plan as
Royal Caribbean International says that its latest cruise ship, 'Quantum of the Seas', will make its home port in Shanghai (Baoshan), China The ship will reposition to China in May 2015, following her inaugural winter season sailing out of New York Harbor to the Caribbean.
State-run oil company YPF launched its second fuel oil tender in April, this time to buy two 50,000 metric ton cargoes (some 375,000 barrels each) to be received in June and supplied to domestic thermoelectrical companies, according to a document seen by Reuters on Thursday.
McDermott International, Inc. announced that one of its subsidiaries has signed an option agreement with PD Ports which gives it the exclusive right to operate a spoolbase to serve projects in the North Sea. McDermott expects to have the facility available for projects in early 2015.