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ports-america

Ports America Appoints New President

Ports America, the largest marine terminal operator and stevedore in North America, recently announced the appointment of Peter Levesque as president. Levesque will join Ports America in February 2020 and will report to Mark Montgomery, who will continue in the role of chief executive officer. Since 2016, Levesque has worked for Modern Terminals Limited in Hong Kong, as group managing director and CEO. He brings more than 30 years ... [+]

PNAT Gets New Mobile Ro-Ro Training Simulator

Ports America’s Port Newark Auto Terminal (PNAT) has purchased a mobile ro-ro operations labor training simulator, which prepares drivers for a variety of ro-ro vessel scenarios involved in the loading and discharging of rolling stock/auto cargoes. This valuable addition to Ports America's overall operational training programs elevates the company from its ... [+]

Ports America and Sydney Harbour Investment Partners Agreement

Ports America and Sydney Harbour Investment Partners (SHIP) have announced an agreement for the promotion, development and management of Novaporte, the marine container facility in the Port of Sydney, Nova Scotia. SHIP has exclusive development rights to approximately 500 acres in the Port of Sydney and, with the support of Ports ... [+]

Ports America and Cooper/T. Smith form new Houston JV

Ports America and Cooper/T. Smith have merged their breakbulk operations in the Port of Houston into a new joint venture (JV) called Cooper/Ports America, LLC, which will be referred to as C/PA. Operations commenced on Oct. 1, 2016. Additionally, C/PA agreed to acquire all the assets of Shippers Stevedoring and Chaparral Stevedoring under C/PA’s operations upon startup. Integrated Marine Services LLC (IMS), the empty ... [+]

Ports America, Port of Tampa Ink Agreement

Ports America and the current operator of Florida’s Port Tampa Bay Container Terminal have signed an amended container agreement that will be valid through May 2046. In a signing ceremony on July 22, the company also agreed to a new breakbulk concession of five years, which includes two one-year extension ... [+]

$1 billion sale for Ports America?

A recent report by Bloomberg News states that Ports America and Highstar Capital, a private equity firm that owns Ports America, is looking to find a buyer for the sale of Ports America. The company could be valued at about $1 billion in a sale. Although those interviewed by Bloomberg asked ... [+]

Ports America Gets Husky with its West Coast Investment Strategy

Ports America is continuing its business growth strategy to increase its West Coast presence through additional investments, services and expansion of its terminal capacity. The latest transaction includes a significant expansion and 20-year lease extension of the Husky Terminal in Tacoma, WA. International Transportation Service, Inc. (ITS), a joint venture between ... [+]

Ports America Refocuses West Coast Strategy

Stevedore and terminal operating company Ports America is focusing its business strategies on increasing its West Coast presence through additional investments and expansion of services into new terminals. Areas of concentration include Los Angeles, Long Beach, the Pacific Northwest and western Canada. These regions have been identified as most suited ... [+]

Ports America to Operate Intermodal Transfer Service at Baltimore’s Seagirt Marine Terminal

Ports America Chesapeake and CSX Intermodal Terminals agreed on January 6 to immediately enhance the competitiveness of the Port of Baltimore and position it to capture additional freight business through more efficient service. The new agreement transfers operational responsibility for the intermodal container service at the port from CSX Intermodal ... [+]

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