Port Report News

It is the Bangladeshi market that has been impressing everybody of late (and for yet another week) with a lot of pent-up demand being realized and even news of some choice purchases at decent numbers on units that have managed to receive L/C approvals.Indeed, we have once again seen levels over $600/LDT in Bangladesh for the first time since the same time last year, and competing markets are increasingly struggling to keep up.India has been trying its best too and has managed to secure a number of HKC green sales this year…

The volume of total cargo throughput in the port of Rotterdam was 0.8% higher in the first half of the year (233.5 million tonnes) than in the same period in 2021 (231.6 million tonnes). In many segments, the war in Ukraine led to significant changes. For example, imports of both LNG and coal rose very sharply as an alternative to reduced European imports of Russian gas by pipeline. The throughput of crude oil increased, with oil products falling off. Throughput of iron ore, agricultural…

With 13.6 million tonnes of container freight handled, April of this year was the best month ever for the Port of Rotterdam. The previous record month was August 2018 (13.2 million tonnes)Measured in TEU, the standard unit for containers, April 2019 was the second-best month ever, with 1.3 million TEU, just a fraction lower than the record month of August 2018.Rotterdam has expanded to become Europe’s largest container port, partly because of its excellent depth, Europe’s largest sea port said in a press release.The Port of Rotterdam Authority is participating in the 2019 Transport & Logistics trade fair in Munich from 4 to 7 June. Digital…

Despite a marginal deterioration in the growth outlook for the global shipbuilding industry, annualized five-year growth rates for the sector are still forecast to reach a healthy 3 to 5%, before picking up substantially after 2017, says Castrol Marine Trade Barometer. The Barometer predicts that growth will be driven largely by the Asia-Pacific region, but also Latin America and the Middle East. All European nations but the Netherlands face a downward trend until 2017. Mandhir Singh, COO at Castrol, says, “The main growth in shipbuilding will come from AsiaPacific countries to 2019. These nations are well positioned to supply ultra-large vessels, which shipping companies are increasingly demanding for their fuel efficiency and economies of scale.

Zepol Corporation released a report analyzing the trade activity for the top 20 ports in the United States. The annual report provides detailed import information for each port and compares trends to the previous year as well as sheds light upon potential future developments. Four Key Insights Found in the Report: 1. The top port in the U.S., the Port of Los Angeles, surpassed all other ports by over 1 million TEUs (twenty-foot containers) and over 500,000 shipments. 2. Based on TEU volume, 11 of the top 20 ports posted positive growth from 2011 to 2012. 3. The Port of Tacoma saw the greatest growth in 2012, with a TEU increase of 29% from 2011. 4. The top 20 ports account for 97% of all TEU imports into the United States. www.zepol.com

Trade intelligence company, Zepol Corporation, releases a report analyzing the trade activity for the top 20 ports in the United States. 1. The top port in the U.S. by a landslide, the Port of Los Angeles, surpassed all other ports by over 1 million TEUs (twenty-foot-containers) and over 500,000 shipments. 2. Based on TEU volume, 11 of the top 20 ports posted positive growth from 2011 to 2012. 3. The Port of Tacoma saw the greatest growth in 2012, with a TEU increase of 29% from 2011. 4. The top 20 ports account for 97% of all TEU imports into the United States. “Back by popular demand, Zepol’s latest Port Report provides insights for transportation companies, importers and exporters, steamship lines, and suppliers,” says Zepol’s CEO Paul Rasmussen.

Twenty seven ports were recognized today for exemplary projects and initiatives at the American Association of Port Authorities (AAPA) annual Awards Luncheon, held in conjunction with AAPA’s 2003 annual convention in Curacao, Netherlands Antilles. Winners were announced in the association’s national Communications, Information Technology, Environmental Improvement and Facilities Engineering Competitions. Engraved plaques were bestowed at the ceremony upon the Port of Tacoma and the Port of Portland, winners in of this year’s Information Technology Awards; The Port Authority of New York and New Jersey, the Port of Portland, the Virginia Port Authority and the Port of Tacoma, winners of the Environmental Improvement Awards; the Port of Vancouver, U.S.A.