CMA CGM and China Cosco are the two most likely carriers to buy OOCL, should its main shareholders decide to sell the company, according to Drewry Financial Research Services (DFRS).
DFRS claimed the acquisition of Hong Kong-headquartered OOCL and its parent company Orient Overseas International Ltd (OOIL) could represent “the final piece for CMA CGM” […]
International Container Terminal Services Inc’s (ICTSI) unit Operadura Portuaria Centroamericana has inked a deal to expand Puerto Cortes in Honduras.
OPC has signed a contract with China Harbour Engineering Company (CHEC) for the first phase of the expansion of specialised container and cargo terminal at Puerto Cortes. The first phase of construction will feature a […]
Figures from the Russian Association of Sea Ports show that the main ports in the Russian north in 2016 had a more than 40 percent year-on-year increase from 2015. Growth was biggest in Murmansk where a total of 33,4 million tons of goods was handled, a 50 percent increase. Also Varandey, the oil terminal on […]
”The only reason the crew hasn’t starved is because of the food and humanitarian assistance provided by the ITF, Algerian trade unions, the port authority of Algiers Port and the embassies of India and Turkey,” said ITF inspector Mohamed Arrachedi.
From Maritime Executive:
An International Transport Workers’ Federation (ITF) inspector has issued a last […]
From the NW Labor Press:
The Columbia Pacific Building and Construction Trades Council has joined a coalition challenging a new City of Portland ordinance that restricts the development and expansion of bulk fossil fuel terminals.
The yet-to-be-named coalition includes the Portland Business Alliance and a wide range of businesses along the Portland Harbor that are […]
From the Seattle Times:
After a brief spat, the Port of Seattle has dropped its objection to the sale of bankrupt Hanjin’s operations at Terminal 46 west of the stadiums.
The Northwest Seaport Alliance, which controls the ports of Seattle and Tacoma, said Friday it had struck a deal with the proposed new owners […]
The Port of Oakland saw a record level of loaded shipping container volume in 2016, despite having consolidated its number of shipping terminals earlier in the year.
The port said Monday it handled the equivalent of 1.83 million loaded 20-foot containers in 2016, a 7.6 percent increase from 2015, surpassing the previous record of 1.82 […]
From OPB News:
The Port of Vancouver has named three finalists for CEO.
The candidates include: Edward Galligan, the executive director for the Port of Olympia; Arthur Scheunemann, the former CEO of the economic development council for Seattle and King County; and Julianna Marler, the Port’s current interim CEO.
The candidates will be interviewed by […]
From the Business Examiner reported on Monday:
The Glovis Composer, a roll-on/roll-off vessel carrying a shipment of 4,818 vehicles, is berthing today at the Port of Tacoma’s Terminal 7, marking the largest single-vessel auto discharge in the facility’s history.
The ro-ro ship from South Korea is 656 feet long and 106 feet wide, with a […]
Excerpts from the Journal of Commerce:
The Port of Seattle wants a financial guarantee for Terminal 46 lease payments.
The Northwest Seaport Alliance is attempting to block the sale of a terminal once owned by now-defunct Hanjin Shipping unless Mediterranean Shipping Co., the buyer, posts a security bond to protect the interests of the Port […]
From a Post Bulletin article titled ‘Travel Scene: Cruise operators are riding high seas’:
The cruising industry is setting sail into 2017 with high expectations.
According to industry leaders, the outlook is that 2017 may be a historic one, with bookings at an all-time high. That prospect has been advanced by one of the leaders […]
The Port of Bellingham signed a lease with a company that will ship timber out of the terminal to Asia. Photo by Evan Abell
Excerpts from ‘Port of Bellingham signs deal with company that will ship timber to Asia’ in the Bellingham Herald:
The Port of Bellingham announced Wednesday that it had signed a […]
APM Terminals workers prepare to strike in Ghana, January 2017.
Some workers of APM Terminals, a container terminal operating firm at the Tema Port, yesterday embarked on a sit-down strike in solidarity with their colleagues who were interdicted for agitating for salary increases.
Clad in red armbands, the workers deserted the operational yard of […]
From Vessel Finder:
A Coast Guard Hearing Officer assessed a $9,500 civil penalty, Dec. 27 2016, to a Washington resident for interfering with the safe operation of the Washington State Ferry Tokitae by shining a high-powered blue laser at the vessel on October 22, 2015.
Mark Raden of Freeland was aboard the WSF Kitsap transiting […]