Maersk Exec says Ports need to Prepare for Flood of Cargo

Monday, May 08, 2006
According to a report in the Virginian Pilot, the North American head of shipping conglomerate A.P. Moller-Maersk Group called for increased investment in U.S. ports and said planning is already under way for the second phase of the new terminal his company is building in Portsmouth, Va. James R. Bruner, president and chief executive officer of Maersk Inc., said North American ports need to vastly increase their capacity to handle a flood of cargo containers expected from Asia in coming years. He spoke Thursday evening at the annual banquet of the Virginia Maritime Association, formerly the Hampton Roads Maritime Association, at the Norfolk Marriott Waterside and Waterside Convention Center. The number of containers moving to and from North America grew 13 percent last year, he said. That pace is unlikely to ease, he said, with the growth of manufacturing in China, India and the rest of Asia in the past decade. Already, the equivalent of 16 million 20-foot-long shipping containers is being imported to North America, while 7.8 million are exported, he said. The 20-foot unit is the standardized maritime industry measurement for cargo containers, which exist in 20-, 40- and 53-foot lengths. Without expansion, many ports will hit capacity limits by 2010, Bruner said. Also , 58 percent of the ships being built won't be able to call on many East Coast ports, he said, because the harbors are not deep enough to handle those megafreighters, some with the capacity to carry more than 10,000 containers apiece.

Only a few new North American terminals are planned, he said. One of those is the 291-acre facility Maersk's APM Terminals unit is expected to open in Portsmouth in July 2007. To help reduce the terminal's impact, all terminal equipment will be powered by electricity, rather than the traditional diesel, he said. The first phase of the terminal will open next year, covering 230 acres and 3,200 feet of wharf. Planning has begun on the second phase, Bruner said. That will add 60 acres and 800 feet of wharf, doubling its capacity to 2 million 20-foot-equivalent containers. Source: Virginian Pilot

Maritime Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter April 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Louis Dreyfus, Amaggi Hire HSBC to Sell Terminal Stake

Agricultural commodity traders Louis Dreyfus Co B.V. and Amaggi Group have hired HSBC Holdings Plc to sell part or the entire 25 percent stake they hold in a terminal at the Brazilian port of Itaqui,

GPA Will Continue Weighing Containers at No Cost to Shippers

The U.S. Coast Guard announced last week that state-calibrated scales already in use at the Port of Savannah meet a new requirement of the international Safety of Life at Sea (SOLAS) Convention.

Maersk Returns to Liverpool

Maersk has been welcomed to the Port of Liverpool with a formal reception for its feeder vessel Antwerp. The event on April 27 was attended by Seago and Maersk representatives along with customers,

Navy

This Day In Naval History: May 5

1943 - USS Permit (SS 178), USS Snook (SS 279) and USS Sawfish (SS 276) damage two Japanese ships and sink two freighters and a gunboat.   1944 - The hospital ship,

SharpEye Radar Installed and Commissioned on SAS Drakensberg

Kelvin Hughes, a company in the design and supply of navigation and security surveillance systems, has announced the installation and commissioning of a SharpEye

Arabian Shipping at Risk of Al Qaeda Attack

Al Qaeda's Yemen branch remains a powerful force and poses a growing risk to merchant ships in vital waterways nearby despite efforts by Yemeni government forces

 
 
Naval Architecture Navigation Offshore Oil Pipelines Port Authority Ship Electronics Ship Repair Ship Simulators Sonar Winch
rss | archive | history | articles | privacy | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.0707 sec (14 req/sec)