Cargo Numbers Edge Up in Long Beach

By Eric Haun
Tuesday, June 17, 2014
Photo courtesy the Port of Long Beach

Cargo container numbers edged up 2.7 percent last month at the Port of Long Beach, making for the Southern California seaport’s busiest May since 2007 by reaching nearly 600,000 container units.

Terminals handled 599,509 TEUs (twenty-foot equivalent units) overall in May, including 312,439 TEUs of imports, which is a 2.3 percent increase compared to May 2013. Exports were flat with a slight decline of 0.3 percent to 146,702 TEUs. Empty containers rose 7.1 percent to 140,368 TEUs. With imports exceeding exports, empty containers are sent back overseas to be refilled with consumer goods.

While May was the second consecutive month of increasing volume, Long Beach has seen an increase of just 1.3 percent for the first five months of 2014 compared to the same period last year.

Last year, against which 2014 is being compared, was the third-busiest year in port history with a total of 6.73 million TEUs.

With an ongoing $4 billion program to modernize its facilities, the Port of Long Beach continues to invest in long-term, environmentally sustainable growth.

polb.com
 


Ports

China COSCO falls to H1 net loss

China COSCO Holdings Co Ltd fell to a first-half loss hurt by a persistent slump in the global container market, the world's fourth largest container shipper said on Thursday.

25 Kalmar Forklifts for Algerian Port

Kalmar, part of Cargotec, has received an order for 25 forklift trucks from the Algerian port procurement company, Groupement D'Interêt Commun Des Entreprises Portuaires (GICEP).

New Crane Orders for Huisman

Huisman has secured new crane contracts with a total value of around 300 million Euro from various major offshore, shipping and wind farm installation contractors: •

News

China COSCO falls to H1 net loss

China COSCO Holdings Co Ltd fell to a first-half loss hurt by a persistent slump in the global container market, the world's fourth largest container shipper said on Thursday.

Weak Freight Rates push Grindrod to H1 loss

Africa's biggest shipping group Grindrod reported a first-half loss on Thursday, pressured by low global growth and declining dry bulk shipping rates but it expects

J.F. Lehman Acquires Heavy Equipment Group of Oldenburg Group

J.F. Lehman & Company (“JFLCO”) has signed a definitive agreement with Oldenburg Group Incorporated to acquire its Heavy Equipment Group, including both its defense and mining business units.

Logistics

Weak Freight Rates push Grindrod to H1 loss

Africa's biggest shipping group Grindrod reported a first-half loss on Thursday, pressured by low global growth and declining dry bulk shipping rates but it expects

Cosco Eyes Spanish port of Algeciras

Algeciras Bay Port Authority in southern Spain has put up a tender for its third container terminal, and China's Cosco Shipping Ports is already being mentioned as a fore runner candidate,

Another Hurdle for The Ocean Alliance

Commissioner William P. Doyle of the U.S. Federal Maritime Commission today voted in favor of requesting additional information from The Ocean Alliance parties.

 
 
Maritime Contracts Maritime Security Maritime Standards Naval Architecture Pipelines Port Authority Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
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: 0.0851 sec (12 req/sec)