LOCAL PORT NEWS

  • Virginia Port Authority again reports record volume

    NORFOLKFull-speed ahead.That was the message at Tuesday's meeting of the board of theVirginia Port Authority, which last month marked another all-time highfor container volume as well as a spike in profitability compared with ayear earlier.

    Read more...
  • Tug life: Vane Brothers refuels ships all along coast

    NORFOLKThe MOL Paradise traveled roughly 6,000 miles from Port Said toNorfolk International Terminals, its deck - nearly three times thelength of a football field - stacked with a rainbow of shippingcontainers piled five high in places.Yet, before heading to its next stop, in Savannah, Ga., it had a date with Bill Meekins.

    Read more...
  • Portsmouth Marine Terminal to reopen on Monday

    PORTSMOUTHPortsmouth Marine Terminal, which shut down container operations morethan three years ago, is scheduled to restart them Monday, the VirginiaPort Authority announced Friday.The terminal will begin receiving trucks carrying containers for export at 8 a.m.

    Read more...
  • Grant will expand gate at port, alleviating traffic

    NORFOLKThe federal government has awarded the Virginia Port Authority a $15 million grant to expand its North Gate complex at Norfolk International Terminals, Sen. Mark Warner announced on Tuesday.

    Read more...
  • 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.

    Read more...

US & INTERNATIONAL

  • US imports above average as port contract talks continue

    From Marine Link: Retailers concerned by the lack of a West Coast longshoremen’s contract will continue to bring merchandise into the country at above-average levels this month but volume will drop from the record set in August, according to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates, [...]

    Read more...
  • ‘K’ Line orders five 14,000 TEU cargo ships

    Kawasaki Kisen Kaisha (K Line) has announced a new order of a 14,000-TEU quintet. The new boxships will be constructed at Imabari Shipbuilding with length of 365.9 metre, beam 51.2 metre and draft of 14 metre. The price of the container ships was not announced. The Japanese shipping conglomerate placed the order following the trend [...]

    Read more...
  • Work on Nicaragua Grand Canal to begin in December, completed in 2019, says commissioner

    The construction of the Interoceanic Canal of Nicaragua, also dubbed the “Nicaragua Grand Canal,” will begin in December and be completed by 2019, Telémaco Talavera, a member of the Grand Canal Commission, told the EFE news agency in recent days. The canal will be three times longer than the Panama Canal and be able to [...]

    Read more...
  • Farmers Cooperative buys Ohio Bunge facility for $3.7 million

    Central Ohio Farmers Cooperative is purchasing the Bunge North America facility at Jefferson and Mark streets for $3.7 million, the cooperative’s CEO said Wednesday. Tom Bostic, the cooperative’s CEO and president said the cooperative is hiring all approximately 11 employees who currently work at the Bunge grain elevator, including the manager, who will be a [...]

    Read more...
  • O3 Alliance came together quickly after 2M announcement: CMA CGM

    The “Ocean Three” Alliance among CMA CGM, China Shipping and United Arab Shipping Co. came together quickly after the formation of the “2M” agreement among Mediterranean Shipping Co. and Maersk, a deal that left CMA CGM seeking an alliance partner on east-west trades. Nicolas Sartini, group senior vice president of CMA CGM, in charge of [...]

    Read more...

Site Login

Go to top