Port of Oakland has reported an 11% decline in its container volumes in March with exports falling 25% and imports 3% compared with the same month in 2021.
However, the Californian port said there are indications that cargo volume growth could return soon because import loads jumped 10% in the past 30 days and exports spiked 12%. Additionally, congestion at Oakland vessel berths, a cause of cargo decline, has eased significantly.
“We’re pleased with our March figures,” said Port of Oakland...
ION Geophysical Corporation (NYSE: IO) announced today that it has been awarded a five-year contract by Brunei Shell Petroleum Co. (BSP), a joint venture between the Government of Brunei and Shell, for a digital solution to manage Marine Logistics. The solution will be delivered utilizing the MarlinTM software suite and will include vessel monitoring, berth …
The post ION awarded five-year contract with Brunei Shell Petroleum for a digital solution to manage Marine Logistics first appeared on Hel...
Mobile technology is enabling Immigration and Checkpoints Authority (ICA) officers to clear cargo on the fly and drivers no longer have to wait in a holding area to receive the image scan results of their cargo. An initiative called On-the-Fly Clearance, which was implemented at Tuas Port last...
Real-time economic intelligence provider, QuantCube Technology has added three new real-time economic indicators to the QuantCube Macroeconomic Intelligence Platform, tracking congestion in three of the busiest container ports in the world, Shanghai, Los Angeles/Long Beach and Rotterdam.
The QuantCube Port Congestion Indicators aim to provide an early signal about problems in global supply chains, according to a statement.
QuantCube combines real-time geolocation of the merchant fleet using AIS...
Dutch oil and chemical storage company Vopak’s first-quarter earnings beat market expectations on Wednesday, boosted by growth projects and a good performance in the Americas. The group reported earnings before interest, taxes, depreciation and amortisation (EBITDA) of 213.1 million euros ($230.47 million) for the first three months of the year, above analysts’ average estimate of …
The post Tank storage firm Vopak’s quarterly profit beats estimates first appeared on Hellenic Shipping News...
https://www.hellenicshippingnews.com/tank-storage-firm-vopaks-quarterly-profit-beats-estimates/
South Africa’s major port of Durban, where operations were disrupted by severe flooding last week, is now functional, and a backlog of thousands of containers will be cleared within five to six days, the country’s public enterprises minister said. The floods caused extensive damage to roads leading...
The Port of Antwerp has highlighted the urgency of extra container capacity after the drop in its container volumes during the first quarter of the year.
In the first quarter of 2022, container traffic saw a fall of 11.6% in TEU compared to the same period last year, reported the European port, which said that this is partly the result of capacity problems.
“The disruption to container liner trade, delays and high import call sizes (number of containers unloaded by ships) are posing protracted...
https://container-news.com/antwerps-quarterly-figures-underscore-extra-container-capacity-urgency/
SeaPort Manatee in Florida, US has established a new container record, moving 85,383 TEUs during the first six months of its current fiscal year, which started on 1 October. This figure represents a 26% increase over a year earlier, according to the port’s data.
Similarly, the Florida Gulf Coast port has marked a 32.2% growth in containerised cargo tonnage, handling an all-time high of 660,847 short tons.
“SeaPort Manatee’s sustained growth in all sectors of cargo activity demonstrates continuing...
https://container-news.com/seaport-manatee-sets-new-container-record/
The Northwest Seaport Alliance, a marine cargo operating partnership between the ports of Seattle and Tacoma, has seen its March box volumes decline 2.5% to 330,906 TEUs, with full imports declining 11.7% and full exports declining 24.9% year-over-year.
Additionally, year-to-date volumes are up 0.5% to 901,234 TEUs, with full imports growing 1.2% and full exports declining 28.1%, while domestic volumes increased 1.1% compared to the first quarter of 2021.
“Continued strong consumer demand and...
https://container-news.com/nwsa-achieves-record-imports-while-exports-plunge-28-in-q1/
The Panama Maritime Authority (AMP) announces a new call for tenders for the Study, Design, Development, Approval of Plans and Construction of the new Fiscal Dock of Puerto Armuelles, in the district of Baru, province of Chiriqui. The public act “Tender for best value: 2022-2-03-0-04-LV-009201” is now available on the website of the Electronic System …
The post AMP Issues A New Call For Bids For The Construction Of The Fiscal Dock Of Puerto Armuelles first appeared on Hellenic Shipping News...