In this week’s episode of City Inside/Out, speakers debate the job impacts of a current arena plan near the Port of Seattle:
On May 2, the Seattle City Council will vote whether or not to close one block on Occidental Avenue in SoDo to construct a new arena. Supporters say investor Chris [...]
From The Loadstar in the UK:
Despite the impending break-up of both the G6 and CKHYE alliances, both have announced plans to launch Asia-US east coast services, deploying neo-panamax vessels.
However, the International Transport Workers Federation (ITF) this week warned carriers there were increasing concerns about the safety of maneuvring larger vessels in the new [...]
Excerpts from an editorial from the Seattle Times in advance of Monday’s City Council vote:
If Seattle wants an NBA team back as soon as possible, the last thing it should do is transfer a street to developer Chris Hansen under terms proposed by Mayor Ed Murray and the City Council.
Doing so is likely [...]
El Faro NTSB photo
The National Transportation Safety Board says a search team has located the El Faro’s missing voyage data recorder in 15,000 feet of water about 41 miles northeast of Acklins and Crooked Islands, Bahamas.
The find is likely going to be a major breakthrough in the investigation into the loss [...]
From the Journal of Commerce:
Exports in the first quarter of 2016 increased 19.9 percent compared with the first three months of 2015, according to statistics published on the port’s website. As is normally the case, Oakland’s exports were higher than imports.
Oakland is proceeding with its multi-year plans to redevelop the former Oakland [...]
KOMO news photo of Tacoma rail car derailment
About 20 tanker cars derailed Friday morning near the Port of Tacoma, but there were no injuries or spills, officials said.
Firefighters responded to the scene, near Lincoln Avenue and Taylor Way, at about 9:15 a.m. Friday after receiving reports of a derailment.
Fire officials said [...]
Guatemala’s former president Otto Perez Molina started the approval process for the $225m port project immediately after his election in November 2011.
Guatemala’s former president Otto Perez Molina and his vice-president, Roxana Baldetti, took at least $25m in bribes from a Spanish port company, an anti-corruption commission alleges.
The firm, TCB, won a [...]
From Natural Gas Intel:
Multi-billion-dollar plans for three natural gas-consuming methanol plants in the Pacific Northwest were scaled back Tuesday to two plants as the largest proposed facility at Port of Tacoma, WA, was scrapped by the developer, a China-based consortium.
Northwest Innovation Works (NWIW) officials said they were terminating their lease for a site [...]
In 2014, Bulk Carrier Nunavik became the first cargo ship to make an unescorted voyage through the Northwest Passage. Image: Fednav
China will encourage ships flying its flag to take the Northwest Passage via the Arctic Ocean, a route opened up by global warming, to cut travel times between the Atlantic and Pacific Oceans, a [...]
Hapag-Lloyd is to merge with UASC. The news follows the Dubai-headquartered carrier being excluded from the new Ocean Alliance announced yesterday.
The merger was first reported online by German monthly business magazine Manager Magazin yesterday, saying “secret negotiations between the two sides are close to a conclusion”.
Hapag-Lloyd has a fleet capacity of around 920,000 [...]
Cargo activity at the Port of Longview fell 22 percent last year, dragged down by falling log and grain exports, port officials said this week.
Higher-than-expected expenses dented profits. Administrative costs exceeded projections by 23 percent, according to report from port CFO Peggy Van Horn. That primarily was the result of $375,364 in un-budgeted legal [...]
From Ship and Bunker:
CMA CGM S.A. (CMA CGM) Wednesday announced that it has signed a Memorandum of Understanding (MoU) with COSCO Container Lines (COSCO), Evergreen Line (Evergreen) and Orient Overseas Container Line (OOCL) to form a new shipping alliance, known as “Ocean Alliance.”
Ocean Alliance would control 23.5 percent of the world’s container capacity, [...]