Port of Huename Chalks Up Best Cargo Year Ever

Monday, July 22, 2013

The Port of Hueneme, California, realized the best cargo year it its 76 year history announcing all-time increases in import/export trade.

The total tonnage for FY 2012-2013 jumped to 1,438,596 metric tons representing a 9.2% increase over FY 2011-2012, and a 2.8% increase over the Port’s previous record of 1,399,670 metric tons set in FY 2005-2006. This represents a continuing path to economic recovery bringing the Port beyond trade levels realized prior to the economic downturn.

Port Commission President Jason Hodge comments on the rising figures, “The success of the Port ties directly to our community and strategic partners. Together we are creating jobs and building a bright future for the citizens of the Port, community and region.”

The growth in freight activity was seen in the Port of Hueneme’s niche markets of automobiles, high and heavy cargo, fresh produce, fertilizer, and domestic commodities (fish and petroleum products). Automobile imports shot up 12.2% over last fiscal year while exports held steady at a 1.2% growth. A portion of this increase is attributed to additional imports from Hyundai and Kia. A large fraction of the export increase was driven by more foreign manufacturers (Honda and Toyota) operating from new facilities within the United States and sending their autos to the Asian market. The one millionth U.S. manufactured Honda was exported through the Port last December.

BMW realized a significant jump in the automobile trade recording a robust 35% increase in imports. According to Al Cardona, National VDC Manager at BMW, “BMW’s overall processing volume through the Oxnard Vehicle Distribution Center has increased over the same period last year and the same trend is expected to continue for the remainder of the year.”

According to Michael Wynn, Global Auto Processing Services (GAPS), Senior Executive Vice President, “Our export volumes to China were down marginally, however with the new Honda export business to South Korea and the new Cadillac ATS going to China the second half of this year promises to see export volumes grow. In the meantime, our import volumes continue to rise and overall levels continue to head in the right direction."

Shallow draft cargo (fish, lube oil, and vessel fuel) increased 6.6% for the year. Offshore domestic oil trade saw a modest 1.1% decrease.

Port Director Kristin Decas remarks on core reasons for growth: “This year’s cargo performance sets a significant new milestone for the Port, a record driven by our customers and business development teams. We commit to continued partnerships and strategic planning to maximize the social and economic benefit the Port brings to our community and industries served.”

 

Maritime Reporter March 2014 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Shipping Turns From Banks to Equity Markets for Cash

Shipping companies are turning to equity markets to fill a growing funding gap, betting that investors hungry for decent returns will provide capital to a sector

Keel-Laid for Navy's 10th LCS at Austal Yard

The Navy and Austal USA held a keel-laying ceremony for the future 'USS Gabrielle Giffords', the Navy's 10th littoral combat ship (LCS), in Mobile, Ala., informs

Havyard to Build Hybrid Battery Arctic PSV

Norway's Havyard says it has signed a contract for the construction of a Havyard 833 WE ICE platform supply vessel with Fafnir Offshore HF. The vessel is to be

Ports

Canaveral Tops State List for Sand Bypass Funding

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,

Rotterdam port's throughput almost stable

The Port of Rotterdam’s throughput in the first quarter of 2014, at 109 million tonnes, was 0.2% below the level for the corresponding period last year.Split up by goods type,

CMA CGM Strengthens Madagascar Presence

Since the creation of CMA CGM Madagascar in 2003, container shipping company CMA CGM Group has continued to develop on the island to move closer to its valued customers

Logistics

Among 2014's Most Powerful & Influential Women: Karen Jones

Commercial transportation and supply chain management firm Ryder System Inc. say that their Chief Marketing Officer, Karen Jones, was named one of 2014’s Most Powerful

Inchcape Shipping Services Opens in Venezuela

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,

Blackstone Unlikely to Enter Commodities Trade

Blackstone exec doesn't expect move into commodities in near term Blackstone Group LP is unlikely to make a foray into commodity trading in the short term as

 
 
Maritime Contracts Maritime Standards Naval Architecture Pipelines Pod Propulsion Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction 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: 0.4085 sec (2 req/sec)