Port NOLA Sets New Box Record
Louisiana’s only international container port Port of New Orleans (Port NOLA) moved more containers in 2019 than at any time in its history, totaling 648,538 twenty-foot equivalent units (TEUs), up 10% compared to one year ago.The multimodal gateway for global trade said in a press release that the record marks the sixth consecutive year the Port surpassed the half million TEU-mark at its Napoleon Avenue Container Terminal, which is operated by New Orleans Terminal and Ports America.“Port NOLA has now seen double-digit growth in total container volumes for two consecutive years, primarily driven by the Panama Canal expansion, exports from Louisiana’s booming petrochemical industry and a growing market for imports,” said Brandy D.
Port NOLA Sets Container Record in 2018
The Port of New Orleans (Port NOLA) moved more containers in 2018 than at any time in its history, totaling 591,253 twenty-foot equivalent units (TEUs), up 12.3 percent compared to one year ago.The deep-draft multipurpose port at the center of the world's busiest port system -- Louisiana's Lower Mississippi River said in a press release that the record marks the fifth year in a row Port NOLA has surpassed the half million TEU-mark at its Napoleon Avenue Container Terminal, which is operated by New Orleans Terminal and Ports America.“The expansion of the Panama Canal and growth in containerized exports, namely resin and frozen poultry, have buoyed Port NOLA’s containerized cargo to record levels.
Maersk Returns to the Port of Baltimore
Maryland Lt. Governor Boyd Rutherford, along with congressional, state and local officials, officially welcomed Denmark-based Maersk Line, part of the Maersk Group and the world’s largest container shipping company, to the Helen Delich Bentley Port of Baltimore. Maersk, which has a leading 15 percent market share of the global container business, began operating three weekly container services involving the Port of Baltimore earlier this year and will bring an estimated 31,000 new containers per year.
Port of Tauranga: Three New Services
Three new weekly container services are calling at Port of Tauranga, all from long term customers of the port. Pacific International Lines (PIL) - a Singapore based, family-owned company - have announced a new service coming out of the West Coast of the United States, calling Melbourne and Sydney in Australia and then Tauranga, before heading back to Brisbane, Taiwan and China. This new service will begin calling Tauranga in July. Mediterranean Shipping Company (MSC) - also a privately owned company…
Panama Ready To Step Out On Its Own
As heads of state gather in Panama for Dec. 14 ceremonies in advance of the transfer of the Panama Canal on the Dec. 31, the small Caribbean nation of 2.8 million prepares to step out of Washington's shadow. Since the U.S.S. Nashville guaranteed Panama's independence from Colombia in 1903, the U.S. has maintained a military garrison in Panama and kept administrative control of the canal it built across the isthmus. For decades, Panamanian nationalists rallied to the cry of "one flag, one territory," calling the 10-mile (16 km)-wide U.S.-controlled Canal Zone a "stake through the nation's heart." But when that stake finally comes out at noon on Dec. 31 and the 50-mile (82 km) waterway passes to Panama's control, it will wake up to the challenge of full nationhood.
