Port News

The Los Angeles-Long Beach clean-trucks programs are nearing the end of their first phase, and despite many controversies, the initiatives exceeded all expectations and have set new standards for redu

When Hurricane Katrina barreled into Gulfport in August 2005, the 24-foot surge all but destroyed the Mississippi port’s container and bulk terminals, decimating 700,000 square feet of warehouse

Global Ports raised $534 million from an initial public offering in London valuing Russia’s biggest container terminal operator at $2.35 billion.

Long Beach’s chief engineer sees deepening the harbor to accommodate the world’s largest vessels, building large container terminals, expanding on-dock rail connectivity and establishing g

East and Gulf Coast ports, predicting they will increase their share of the U.S.-Asia trade when the Panama Canal expansion is complete in three years, made a big pitch to industrial real estate devel

India plans to set up a state-owned company capitalized at $557 million to invest in overseas ports and terminals to help boost international trade.

The South Carolina State Ports Authority approved its budget for fiscal year 2012, which projects a 6.6 percent increase in container volume and nearly $82 million in capital projects for the year.

Canada's Port Metro Vancouver reported a 7 percent increase in overall container traffic in the first five months of 2011, including 7 percent growth in trade between Canada to Asia.

Mediterranean Shipping Co. is adding a call at the Italian port of Leghorn to its weekly MEDUSA service between the Mediterranean and the U.S. East Coast.

The U.S.

ECT, Rotterdam’s biggest container terminal operator, denied reports that ocean carrier Mediterranean Shipping Co. acquired a significant stake in its largest facility.

U.S.

Combined container import volume at the ports of Los Angeles and Long Beach grew 4.8 percent year-over-year in May, slower than the growth rate the month before and behind the 5.1 percent increase in

The volume of containers handled by major ports in India grew a mere 1 percent year-over-year in the first two months of fiscal 2011-12, the Indian Ports Association said Wednesday.

The Port Authority of New York and New Jersey, racing to elevate the Bayonne Bridge, is “working towards a date of 2016” to complete the complex engineering project and clear a path for la

The Broward County Board of County Commissioners Tuesday authorized Port Everglades’ staff to begin talks with the Florida East Coast Railway toward development of an intermodal rail transfer fa

The board of the Port Authority of New York and New Jersey Tuesday approved a restructured lease with the Port Newark Container Terminal that will provide $500 million in private capital investment to

The head of PierPass gate operation at the Los Angeles and Long Beach ports says the only pressure on capacity marine terminals comes when large numbers of truckers want to pick up or drop off contain

Container throughput in India’s Port of Jawaharlal Nehru (Nhava Sheva) fell nearly 2 percent year-over-year in the April-May period, the first two months of fiscal 2011-12, the port authority sa

The U.S.

Greek dockworkers will join a 24-hour general strike June 15 to protest fresh austerity measures imposed by the Socialist government under pressure from international creditors.

When the deal to sell the Port of Galveston’s facilities to an investor group of Hutchison Port Holdings and Carlyle Group fell through in April, the port and financial adviser BMO Capital Marke

The Port of Houston doesn’t have to wait for the opening of the Panama Canal’s larger locks in 2014 for the arrival of bigger post-Panamax ships.

Noka Shipping, a Greek ship management company, agreed to pay $900,000 in fines and was barred from operating in the United States after pleading guilty to multiple water pollution charges.

The port of Antwerp wiil reward “clean ships” with a 10 percent discount on tonnage based harbor dues from July 1 in a bid to further cut emissions of pollutants.

Container throughput in India’s Port of Mumbai fell 18.5 percent year-over-year in the first two months of fiscal 2011-12, the port authority said on Wednesday.

Container traffic at Bremen/Bremerhaven hit a record high in April as the German twin ports continue to outpace growth at their North West European rivals.

Terminal operators in Los Angeles-Long Beach will increase the traffic mitigation fee charged during daytime hours to $60 per TEU from $50 beginning July 4.

Maersk Line, the world's largest container shipping firm, announced the partial resumption of services at two Japanese ports damaged by the catastrophic earthquake and tsunami that hit the northeaster

Six motor carriers that received subsidies from the Port of Los Angeles for the purchase of clean trucks may have to return some of the money because they did not comply with the requirements of the p

Global Ports, Russia’s largest container terminal operator, plans to raise about $100 million for an initial public offering on the London Stock Exchange.

The Port of Los Angeles adopted a fiscal 2011-12 budget totaling $976.6 million, which projects operating revenues of $405.4 million and a capital budget of $291 million.

The Port of Oakland secured $18 million in federal funding for operations and maintenance dredging for its 50-foot channel.

Philippine terminal operator ICTSI offered to buy all the shares of Portek International, a Singapore-based investment holding company that operates medium-sized container and multipurpose ports, for

Container volume moving through West Coast ports increased 7 percent in April compared to April 2010, with export growth outpacing import growth.

The shares of DP World were listed Wednesday morning on the London Stock Exchange’s main market for listed securities.

Ocean container volumes are projected to show solid growth at European ports in the coming six months after a weak first quarter, according to the Global Port Tracker: North Europe Trade Outlook&rsquo

Yildirim Holding, the Turkish trading and ports conglomerate that owns 20 percent of CMA CGM, agreed in principle to buy 50 percent of the French ocean carrier’s Malta Freeport container termina

The Georgia Ports Authority, facing environmental opposition to its plans to deepen the Savannah River to 48 feet, said its recently completed environmental survey shows wildlife is flourishing at its

The Virginia Port Authority board of commissioners approved the lease agreement with the Port of Richmond to take over operations at the James River port and thereby unify all container cargo terminal