Mario Cordero, executive director, Port of Long Beach, predicted the Long Beach and Los Angeles ports combined will process 19 million TEUs in 2021.
Under fire from importers and exporters for service cutbacks and from rail employees for lay-offs and followed by a seven-day rail service suspension from West Coast ports in July, Union Pacific disclosed that it has accumulated approximately $7 billion for “share repurchases.”
Katia Nicolet, chief scientist for the Energy Observer, provided a tour and an overview of the renewable energy powered catamaran that arrived at the Port of San Francisco on May 6th and is on its way to Hawaii and Japan.
In May, the Port of Plaquemines (located South of New Orleans) and APM Terminals (APMT) announced a plan to locate and build a state-of-the-art container terminal that can handle the largest container ships.
U.S.-based Green Shipping Line (GSL) is proposing to build the first of what it hopes will be a fleet of feeder ships to transport wind turbine components from U.S. Atlantic coast ports to new Atlantic coast wind farms, according to Percy Pyne, Chairman and CEO.
This summer the Netherlands will see the deployment of a self-propelled container barge utilizing battery power, an undertaking supported by a long-term contract with the Dutch beer maker Heineken.
Since first conceived, the Oakland A’s plan to build condominiums and a new ballpark at the Port of Oakland’s Howard Terminal has sounded alarms for import/export stakeholders at the West Coast’s third-busiest port.
The decision by the Union Pacific (UP) railroad to suspend service from West Coast ports to Chicago for one week could be positive, according to Noel Hacegaba, deputy executive director, Port of Long Beach.
The Port of Los Angeles expects that it and other West Coast ports will maintain their lead in import market share over other U.S. ports, according to Gene Seroka, executive director, Port of Los Angeles.
New England Aqua Ventus expects to launch the first U.S. floating wind turbine into the Gulf of Maine in 2023/24, according to Dr. Habib Dagher, founding executive director of the University of Maine’s Advanced Structures and Composites Center (ASCC).
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