Trapac Container Terminal News

The Port of Los Angeles moved more cargo in 2017 than in any time in the Port’s 110-year history, racking up 9,343,192 Twenty-Foot Equivalent Units (TEUs), a 5.5 percent increase over 2016’s record-breaking year. It’s the most cargo moved annually by a Western Hemisphere port. “We are powering Los Angeles’ economy to new heights every year, because we know that lasting prosperity means investing boldly in jobs, opportunity, and growth,” said Los Angeles Mayor Eric Garcetti. “The success of our Port tells the story of a city whose moment has arrived — and we will continue pushing forward as we expand our role in the global economy,” Eric added. “2017 was a year beyond expectations but it was not by chance,” said Port of Los Angeles Executive Director Gene Seroka.

Mitsui O.S.K. Lines, Ltd. today earned recognition from the ports of both Los Angeles and Long Beach, California, for its efforts to ensure compliance with standards that call for vessels to slow down within 40 nautical miles (nm) of the shore. The programs, called Vessel Speed Reduction Program at Port of Los Angeles and Green Flag Program at Port of Long Beach, urge vessel operators to slow down to 12 knots or less within a certain range of the ports to reduce emissions of carbon dioxide (CO 2 ), nitrogen oxide (NO X ), and sulfur oxide (SO X ) in coastal areas to conserve coastal environment, and offer annual rewards to vessel operators that achieve extraordinary compliance percentages.

Mitsui O.S.K. Lines, Ltd. earned recognition from the ports of both Los Angeles and Long Beach, California, today, for its efforts to ensure compliance with standards that call for vessels to slow down within 40 nautical miles (nm) of the shore. The Port of Los Angeles the Vessel Speed Reduction Program and Port of Long Beach introduced the Green Flag Program. The programs urge vessel operators to slow down to 12 knots or less within a certain range of the ports to reduce emissions of carbon dioxide (CO2), nitrogen oxide (NOx), and sulfur oxide (SOx) in coastal areas to conserve coastal environment, and offer annual rewards to vessel operators that achieve extraordinary compliance percentages.

MOL President, President, Koichi Muto reported that the performance of the company was slack. Muto reported, "I am sad to report that our business performance fell short, and we could not achieve our initial target of ¥70 billion in consolidated ordinary income. Looking back at FY2014, the containership business could not achieve our targets despite the favorable winds of a depreciating yen and lower bunker prices. This was due to factors including inaccurate projections regarding the trade environment, freight rate market, and bunker prices, as well as construction delays in our terminal automation project, and led to a significant loss. In addition, repeated downward revisions of our forecasts have eroded shareholders’ trust in our company.

Mitsui O.S.K. Lines, Ltd. (MOL) today announced that the company has earned recognition from the ports of Long Beach and Los Angeles, California, for its efforts to ensure compliance with standards that call for vessels to slow down within 40 nautical miles (nm) of the shore. The Port of Long Beach introduced the Green Flag Program and Port of Los Angeles the Vessel Speed Reduction Program. The programs urge vessel operators to slow down to 12 knots or less within a certain range of the ports to reduce emissions of carbon dioxide (CO2), nitrogen oxide (NOx), and sulfur oxide (SOx) in coastal areas to conserve coastal environment, and offer annual rewards to vessel operators that achieve extraordinary compliance percentages.

Interim Port of Los Angeles Executive Director Gary Lee Moore announced today that he will not apply for the permanent position. After an executive director is selected and in place, Moore will return to his duties as Los Angeles City Engineer. “I’m grateful for Gary’s leadership, particularly for putting the TraPac container terminal expansion project back on track,” said Los Angeles Mayor Eric Garcetti. “It’s been a privilege to lead the Harbor Department since November,” Moore said.

Mitsui O.S.K. Lines, Ltd. (MOL) announced that the company has earned recognition from the ports of Los Angeles and Long Beach, California, for its efforts to ensure compliance with standards that call for vessels to slow down within 40 nautical miles (nm) of the shore. The Port of Los Angeles introduced the Vessel Speed Reduction Program and Port of Long Beach the Green Flag Program. The programs urge vessel operators to slow down to 12 knots or less within a certain range of the ports to reduce emissions of carbon dioxide (CO2)…

The Harbor Commissioner's Fiscal 2013-14 Budget Includes $399.9-million capital expenditure to improve cargo flow and dfficiency. The Los Angeles Harbor Commission has adopted a 2013-14 fiscal year (FY) budget of approximately $1.1 billion for the Port of Los Angeles, including one of the largest annual Capital Improvement Programs -- $399.9 million or 37% of the total budget -- in Port history. The budget supports more than 8,500 jobs, 6,870 of which are attributable to construction project spending in the coming fiscal year which begins July 1.

Port of Los Angeles breaks ground on US$137-million railyard that will increase on-dock rail efficiency, reduce congestion and improve environment. Los Angeles Mayor Antonio Villaraigosa and Port of Los Angeles officials broke ground on a new intermodal storage railyard that will improve a vital link in the national freight network. The new yard will function as a critical link between the Port of Los Angeles and the Alameda Corridor, providing staging and storage for trains using the corridor. Construction of the $137.7 million rail project at Berth 200, also known as the West Basin Railyard, will generate about 2,000 direct and indirect jobs.

Projects Advance Modernization of the TraPac Container Terminal. The Los Angeles Board of Harbor Commissioners has approved construction contracts totaling more than $127 million for two major projects that advance modernization of the marine container terminal operated by longtime tenant, TraPac, Inc. With work due to begin in January, the projects are key elements of the Port of Los Angeles’ overall capital improvement program. The Port is investing more than $1.2 billion over five years to remain competitive in the global economy. “Redevelopment of the TraPac terminal reflects the Port’s larger commitment to retaining its global position as America’s premier seaport,” said Port of Los Angeles Executive Director Geraldine Knatz, Ph.D. Approved Nov.

Crowley has moved to a new 70,000 sq ft warehouse at Jaxport's Dames Point location, minutes from the company's headquarters. With this move, the company has doubled its north Florida warehouse space. This new location at 3700 Port Jacksonville Parkway has 20 dock doors, 30-ft clear-height ceilings, and a 160-ft truck court that can be expanded to 200 ft. The U.S. Customs bonded warehouse is very close to the city's new TraPac container terminal and will allow Crowley to provide warehousing and distribution services to those shippers involved in the Asia trade. As the Panama Canal is expanded, volumes of freight coming to Jacksonville from Asia could potentially increase volumes to the warehouse and allow the logistics group to increase its breadth of service offerings.

The US Army Corps of Engineers issued a notice stating that it completed an addendum to the Final Environmental Impact Statement for Berths 136-147 (TraPac) Container Terminal Project, Port of Los Angeles. Comments on the addendum should be submitted within the next 30 days. 73 Fed. Reg. 67490 (November 14, 2008). (Source: Holland & Knight)