The Port of New Orleans handled 537,285 TEUs in the past year through September 2015, surpassing the half million-TEU mark for the first time in any 12-month period, CEO Gary LaGrange said at the 29th Annual State of the Port Address.
U.S. import, export prices continue falling in October
Price indexes for both imports to and exports from the United States have now fallen in 10 of the past 12 months, according to the most recent data from the U.S. Bureau of Labor Statistics.
New York nixes proposed offshore LNG hub
New York Governor Andrew Cuomo expressed concerns a project to build a liquid natural gas terminal 19 miles off Long Island could potentially become a target for terrorism, create problems in a storm, and interfere with a proposed wind farm.
Port Everglades grows TEU volumes 5% in FY2015
Port Everglades retained its spot as the top container port in Florida, but PortMiami has closed the gap with a 15 percent jump in volumes to 1 million TEUs during the same 12-month period.
Spot container rates decline on major trades
Rates from Shanghai to Northwest Europe, the Mediterranean and the United States have declined for the past two consecutive weeks.
Tanker company, seamen convicted in pollution case
A DSD Shipping company memo warned employees “could get caught for polluting” if an oily-water separator on the vessel Stavanger Blossom was not fixed, and now three seamen face the possibility of up to 20 years in prison.
CMA CGM, Delmas join transpacific loop
French ocean carrier CMA CGM and its subsidiary line Delmas will begin purchasing slots on the transpacific CEN loop, on which COSCO and CSCL provide vessels.
U.S. begins importing Uruguay’s all-natural, NE3-certified beef
Uruguay is the only foreign country to receive the United State Department of Agriculture’s “Never Ever 3” certification, which requires an open range production system, without the use of antibiotics, growth promoters or animal by-products.
Port of Oakland in talks with CenterPoint to build logistics complex
The Northern California port and industrial and logistics real estate developer CenterPoint Properties have begun discussing plans to develop transload and cross-dock facilities on a 20 acre site adjacent to a new rail yard at the Port of Oakland.
Enhanced commercial export assistance tool covers 120 countries
The new Country Commercial Guides are prepared by trade and economic specialists at U.S. embassies and consulates to highlight market conditions in each country, according to a statement from the U.S. Department of Commerce.