LOCAL PORT NEWS

  • APM completes sale of Portsmouth site

    Netherlands-based APM Terminals said Friday that it completed thepreviously announced sale of its container complex in Portsmouth toaffiliates of Alinda Capital Partners, a big U.S. infrastructureinvestment firm, and Universities Superannuation Scheme Ltd., or USS,the largest private-sector pension fund in the United Kingdom. Terms ofthe deal weren't disclosed.

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  • Virginia Port Authority reports good start to fiscal year

    The Virginia Port Authority said it started its new fiscal year with an all-time monthly record for the number of containers handled.

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  • Port sinks to sixth straight fiscal-year loss

    NORFOLKThe Virginia Port Authority on Monday reported an operating loss of $17.1 million for the fiscal year that ended June 30 - its sixth consecutive fiscal-year loss.

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  • Norfolk terminal's appointment system delayed again

    The enforcement of an appointment system for truckers calling at the port's Norfolk International Terminals container facility has been pushed back to later this year.It had been set to start Monday after being rescheduled from June 16.

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  • Got a Container? Need one? Matchmaker offers to help.

    PORTSMOUTHTowering stacks of empty cargo containers are familiar sights around ports all over the country, including Hampton Roads.So many empty boxes were piled up at the APM Terminals’ container facility in Portsmouth last week that the port sent truckers a text message telling them the terminal wouldn’t take any more, at least for the time being.

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US & INTERNATIONAL

  • CSCL and OOCL to launch joint service with CMA CGM

    China Shipping Container Lines(CSCL), Orient Overseas Container Lines (OOCL) have teamed up with CMA CGM and Pacific International Lines (PIL) on routes between Northeast Asia, Australia and New Zealand from early November. The weekly service will depart from Shanghai and turn around in 49 days, offering extensive port coverage in Asia and New Zealand, with [...]

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  • BHP says potash market may be deterring Jansen partners

    BHP Billiton Ltd., the world’s biggest mining company, said prospective partners for its proposed Jansen potash mine in Canada may be deterred by current market conditions for the crop nutrient. While BHP would like a partner to help develop the project, “we are not in a hurry and we have to take account of how [...]

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  • Appeals court says grain elevator can’t be forced to handle GMO corn

    In an article called ”Court rules in elevator’s favor in biotech dispute,” the Capital Press reports: The Syngenta biotech firm can’t use a century-old warehouse law to force a grain elevator company to accept its genetically engineered corn, according to a federal appeals court. The ruling will likely preclude other biotech seed companies from using [...]

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  • Port of Astoria: 3 years, 5 leadership changes

    The Port of Astoria has named an executive from Washington state as its fifth leader in less than three years. The Daily Astorian reports Jim Knight has been director of the Port of Olympia marine terminal since July 2013. Knight was chosen Tuesday to succeed Hank Bynaker, who resigned Sept. 11 after 14 months as [...]

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  • Bunge plans east Australia port, offers more competition for GrainCorp

    A subsidiary of U.S. firm Bunge Limited plans to build a port terminal on Australia’s east coast, boosting competition for the country’s largest agribusiness, GrainCorp Ltd. “The regulation of our ports means that GrainCorp as an Australian-based company is increasingly disadvantaged against the much larger multinationals behind competing ports,” said a GrainCorp spokesperson, referring to [...]

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