Sea

JAXPORT Board approves start of Harbor Deepening

During its regular monthly meeting and surrounded by a crowd of enthusiastic supporters, JAXPORT’s Board of Directors unanimously approved the start of the Jacksonville Harbor Deepening project, allocating the first phase of port funding to the U.S. Army Corps of Engineers for construction. The federal project to deepen the Jacksonville shipping channel to 47 feet to accommodate more cargo aboard the largest ships is set to begin construction by early 2018. Along with ... [+]

JAXPORT welcomes largest containership to ever call a Florida port

JAXPORT and the TraPac Container Terminal at Dames Point today welcomed the 10,100-TEU (container) MOL Bravo, the largest containership to ever visit a Florida port. The MOL Bravo transited the Suez Canal from Asia before reaching the U.S. East Coast. The federal project to deepen the ... [+]

Panama Canal Commemorates Landmark One-Year Anniversary of Expanded Canal

The Panama Canal commemorated the one-year anniversary of the inauguration of its Expanded Canal on June 26, one of the most significant milestones in the history of the 102-year old waterway and a defining moment for the people of Panama and the global maritime industry. During ... [+]

Panama Canal Publishes Proposal for Modifications to Tolls Structure

The Panama Canal Authority (ACP) published a proposal for modifications to its current tolls structure on June 1, signaling the beginning of a 30-day formal consultation period for industry feedback, allowing the waterway to continue providing a competitive service to its customers. During the past few ... [+]

Port of Baltimore Among Fastest Growing North American Ports

The Helen Delich Bentley Port of Baltimore was the fourth fastest-growing port in North America in 2016, according to a recent analysis in the Journal of Commerce (JOC). The JOC attributed a 9.8% increase in the amount of cargo handled from the previous year for ... [+]

Port of Virginia Christens NIT’s New North Gate Complex; Terminal’s Gate Capacity More Than Doubles

  The Port of Virginia christened its state-of-the-art North Gate on June 26. The North Gate is a 26-lane, technology-driven gate complex that will speed the flow of truck-borne cargo to and from Norfolk International Terminals (NIT). Port partners, stakeholders, industry leaders and officials from the federal, ... [+]

Yang Ming Receives “Vast Interest” from Shareholders

Yang Ming announced that it has raised US$54 million from several private investors in the first round of its comprehensive recapitalization plan, with “vast interest” from current shareholders. In a statement on its website, officials write: “To recap briefly, Yang Ming had set out a comprehensive ... [+]

New Super Cranes for Alabama’s Port of Mobile

On June 24, the Port of Mobile’s new super post-panamax cranes arrived aboard the ship M/V Zen Hua 23. They arrived fully assembled. [+]

Major Announcement to Impact Projected Costs on Ocean Shipping Lane

The Transpacific Stabilization Agreement (TSA), a collaborative forum for ocean container shipping lines serving the trade lane between Asia and North America, will discontinue publishing its guideline formula for calculating fuel costs. Beginning July 1, 2017, the TSA will offer only a single weekly average ... [+]

Mayors Announce Zero Emissions Goals for San Pedro Bay Ports

Mayor Eric Garcetti and Long Beach Mayor Robert Garcia are strengthening their pledge to make the twin ports of the San Pedro Bay global models for cleaner air, sustainability and innovation. They also reaffirmed their commitment to adopting the Paris Climate Agreement goals in their ... [+]

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