Maritime

Chris Dupin Monday, April 14, 2014

Maersk service to connect East Coast, South America

   Maersk said it will start a new service between the U.S. East Coast and West Coast South America on May 19.    The rotation for the new service will be: Philadelphia, Newark, Charleston, Kingston, Balboa, Buenaventura, Callao, Arica, San Antonio, Callao, Balboa, Philadelphia.    The company said it will offer export service from Port […]

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Chris Dupin Monday, April 14, 2014

NYK to charter 8 14,000-TEU container ships

   NYK Line said Monday it will charter eight 14,000-TEU container ships.    NYK did not identify who it will charter the new ships from, but said they will be built at the Kure shipyard of Japan Marine United Co. and be delivered between February 2016 and January 2018.    The new ships “will have […]

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Chris Dupin Monday, April 14, 2014

Drewry: Container prices increasing

   Prices for new dry freight containers increased in the opening months of 2014, according to Drewry Maritime Research.    After declining gradually throughout 2013, and falling late in the year to the lowest point since 2009, the price of marine containers have “barely managed to recover 10 percent by April 2014. They presently stand […]

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Chris Dupin Friday, April 11, 2014

Houston to fund deeper container terminals

   The Port of Houston Commission has approved a $68 million construction contract with Orion Construction L.P. to fund improvements to the channels leading to the Bayport and Barbours Cut container terminals.    The project will deepen the channel and existing container berths at both locations, widen the Bayport Channel and container berths at Barbours […]

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Chris Dupin Friday, April 11, 2014

HSH Nordbank: No shipping recovery before 2015

   HSH Nordbank, a large lender to the shipping industry, said that it “does not expect freight and charter rates and ship prices to start recovering before 2015, and then at a slower pace than hitherto expected.”    The Hamburg-based lender said that as a result, “In the fourth quarter of 2013, the bank therefore […]

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Chris Gillis Thursday, April 10, 2014

GPA moves 2.61M tons of cargo in March

   The Georgia Ports Authority said it handled a record 2.61 million tons of cargo at its terminals in March – a 15.5-percent increase over the same month a year ago.    The 349,682-ton increase was met by “double-digit container growth,” GPA said Thursday. The Port of Savannah’s Garden City Terminal moved 260,539 TEUs for […]

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Chris Gillis Thursday, April 10, 2014

ProTrans expands in Laredo, Texas

   Third party logistics services provider ProTrans has opened a new 222,000-square-foot cargo handling facility in Laredo, Texas, along the U.S.-Mexico border.    ProTrans, based in Indianapolis, has operated in Laredo since 1996.    “There are no facilities like this in the Laredo marketplace that have as many dock doors, trailer staging/parking areas, as much […]

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Chris Gillis Thursday, April 10, 2014

USDA gives $183M for McGovern-Dole program

   The U.S. Department of Agriculture will provide $183 million in agricultural commodities and support to benefit an estimated 2.7 million children in 10 developing countries as part of the McGovern-Dole Food for Education and Child Nutrition Program.    Through the McGovern-Dole Program, USDA’s Foreign Agricultural Service works with private voluntary organizations and foreign governments […]

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Chris Gillis Thursday, April 10, 2014

U.S. meat exports in February strongest to Mexico

   The largest export market for U.S. pork and beef in February was Mexico, according to statistics compiled by the U.S. Department of Agriculture and U.S. Meat Export Federation.    Beef sales to Mexico in the first two months of 2014 were up 26 percent in volume, to 37,638 metric tons, and 40 percent in […]

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Chris Dupin Wednesday, April 9, 2014

Baltimore sets cargo records in 2013

   The Port of Baltimore said it handled record amounts of automobiles, containers and wood pulp in 2013.    In total, the amount of general cargo at the port’s public marine terminals reached 9.6 million tons, matching last year’s record. Combining the private marine terminals, the port saw 30.3 million tons of international cargo cross […]

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