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Marine Power R&D Insights: Matt Hart, Wabtec Corporation
Matt Hart, Manager & Platform Leader, Marine & Stationary Power Systems, Wabtec, offers insights on how the megatrends of decarbonization, energy transition and autonomy all inspire and impact the marine power solutions from Wabtec.Matt, to start us off, can you provide insight on the journey to your present position?I graduated from the University of Notre Dame with an undergraduate in Mechanical…
Back to School: Virtual Field Trip for 27,000 Students onboard Saipem 7000
As the maritime and offshore industries cumulatively search for ways to attract the 'next generation,' Saipem has come up with an innovative approach that gives thousands of students the ability to virtually visit work in the offshore environment: two days on board a naval vessel engaged in the construction of a large wind farm in the North Sea. This is the experience that almost 27,000 elementary…
Tentative US West Coast Port Contract Deal Reached
The Longshore union and employers of 22,000 dockworkers at U.S. West Coast ports on Wednesday said they have reached a tentative deal on a new six-year contract, ending 13 months of talks and easing supply chain worries.The deal was reached with assistance from Acting U.S. Labor Secretary Julie Su, the International Longshore and Warehouse Union (ILWU) and the Pacific Maritime Association (PMA) employer group said in a joint statement.President Joe Biden…
Retailers, Manufacturers Urge White House to Mediate in West Coast Ports Labor Dispute
Groups representing major retailers and manufacturers urged the White House on Monday to intervene in contentious West Coast port labor negotiations, citing worries about shipping disruptions during critical holiday shopping seasons.The call came after the largest terminal at Southern California's Port of Long Beach closed on Monday as dock workers rally for better pay. Monday's closure followed similar disruptions on Friday in Oakland…
As Shanghai Reopens, California Ports Prepare for Cargo Surge
California port leaders expect imports to rise as Shanghai, home to the world's busiest seaport, emerges from a two-month COVID-19 lockdown.The question is whether that release of pent-up goods will again swamp West Coast ports that have recently emerged from the pandemic's massive cargo wave, they and other experts said.The Port of Shanghai was open during the city's shutdown, but cargo flows still slowed.
Chinese Ports Choke Over 'Zero Tolerance' COVID-19 Policy
Several Chinese ports are facing congestion as vessels due to call at Ningbo are being diverted and cargo processing is slowed partly due to stricter disinfection measures under China's "zero-tolerance" coronavirus policy.On Tuesday, more than 50 container vessels were queuing at Ningbo port, China's second largest marine center, Refinitiv data showed, up from 28 on Aug. 10 when a COVID-19 case was…
Union Pacific to Restart Container Shipments from U.S. West Coast Seaports
Union Pacific Corp container shipments from U.S. West Coast seaports to one of the railroad's major hubs in Chicago will restart early next week after a seven-day suspension, Chief Executive Lance Fritz told Reuters on Thursday.The railroad on Sunday night paused cargo shipments from the ports of Los Angeles, Long Beach, Oakland and Tacoma to its Global IV facility in Chicago in a bid to clear "significant congestion.""We're starting to see containers clear…
Port of Los Angeles Sets New Volume Record for June
The Port of Los Angeles hit a new volume record in June as U.S. businesses race to replenish stocks and build inventories for the back-to-school, Christmas and other holiday shopping seasons.Total volume at the Port of Los Angeles hit 876,430 20-foot equivalent units (TEU) in June, up 27% versus the year earlier, port authorities said. Loaded imports accounted for more than half that, at 467,763 TEU.The port sent 312,600 TEU of empty containers to factories in China and elsewhere.
Chinese Imports to US Ports Peaking Early
Chinese imports to U.S. ports rose more than expected in June, suggesting that some retailers moved up orders to insulate themselves from an intensifying trade war that threatens to send up costs on a growing number of consumer products.Retailers such as Walmart Inc and Amazon.com face uncertainty due to U.S. President Donald Trump's threat to impose more tariffs on Chinese goods, and the jump in imports from the country was likely because of "pre-emptive buying in anticipation of the tariffs"…
Oakland Port Expects Rise in Cargo Volume
Port of Oakland import volume should grow at a steady pace in the coming peak season. There’s a wild card, however: global trade tension. That was the cautionary…
US Retail Imports Turn Toward Holiday Season
August should be the busiest month of the year for import cargo volume at the nation’s major retail container ports now that retailers have stocked up for back-to-school and are getting a head start on holiday season merchandise. That’s according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates, which said cargo volume for 2016 should end the year with a 1.6 percent increase over last year.
US Retail Import Patterns Still Uneven
Import cargo volume at the nation’s major retail container ports is expected to be mostly down through the summer but should see a significant uptick just before the winter holiday season, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “The unusual patterns seen last year in the aftermath of the West Coast ports slowdown are continuing to make valid year-over-year comparisons difficult…
US Imports Rise Steady after 2015 Rollercoaster
Import cargo volume at the United States’ major retail container ports has begun its annual climb toward summer levels but is expected to be largely flat when compared with last year’s record high numbers, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “Last year was a roller coaster but this year we’re expecting a nice, steady climb right through the summer…
July Surge Leads Long Beach to Record Volumes
Cargo container volumes surged through the Port of Long Beach in July, with an 18.4 percent increase over the same month in 2014, making July a record month in the port’s 104-year history. Previously, the port’s best year was 2007, just before 2008’s recession. Now, after a slow start at the beginning of 2015, the gains in July mark the fourth time in the last five months that cargo totals have climbed significantly higher, the port said.
US Imports Rising Ahead of Back to School Season
Import cargo volume at the United States’ major retail container ports is expected to increase 7.3 percent this month over the same time last year as retailers stock up for the busy back-to-school season, according to the monthly Global Port Tracker report released today by the National Retail Federation (NRF) and Hackett Associates. “Now that West Coast ports have recovered from the congestion caused by the recently settled contract dispute…
Imports Back to Normal After Ratification
Import cargo volume at the nation’s major retail container ports has returned to normal levels following ratification of a new West Coast labor agreement, according…
Retail Imports Surging to Pre-Holiday Highs
Import cargo volume at the nation’s major retail container ports is expected to see a final surge and set a new monthly record in October as the holiday season approaches…
US Imports Above Average as Port Contract Talks Continue
Retailers concerned by the lack of a West Coast longshoremen’s contract will continue to bring merchandise into the country at above-average levels this month but…
Long Beach Imports Flat, Exports Dip
Total cargo container numbers rose 3.7 percent in July at the Port of Long Beach compared to the same month last year, making for the Southern California seaport’s busiest July since 2010. A total of 583,060 TEUs (twenty-foot equivalent units) were moved through Long Beach in July. Of these, 297,615 TEUs were imports, which rose slightly by 0.9 percent. Exports declined 6.2 percent to 124,126 TEUs. Empty containers escalated 19.5 percent to 161,319 TEUs.
U.S. Container Ports Anticipate Pinnacle Import Volume
Import volume at U.S. container ports is expected to hit a record high this August. The anticipation results from the absence of a West Coast longshoremen’s contract. Concerned retailers, therefore, are swiftly bringing holiday season merchandise into the country, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates. “The negotiations…
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