Tag: TEU

MPA Singapore issued its port-performance for October 2019, focusing on key port indicators, such as the number of vessels arriving, the container throughput, the cargo throughput and the bunker sales. Generally, October saw an increase in vessel arrivals and container throughput, but a decrease in cargo volumes and bunker sales. 

An ongoing trade war between US and China seems to affect volumes in the Port of Long Beach, the second busiest port in the US, which saw a 2.4% reduction in its TEUs handled through October, compared to the same month last year.

The US Port of Oakland announced it saw a 20% increase in its refrigerated export volume in the past year, handling 119,756 TEUs of refrigerated exports from August 2018 through July 2019, which was up from 99,740 in the same period a year ago.

The Port of Los Angeles announced a new cargo record for the fifth consecutive month in August, moving 861,081 TEUs and recording the busiest August in its 112-year history. On this occasion, the head of the Port called for an end to US-China trade war for global trade stability to be restored.

Contecon Manzanillo (CMSA), the Mexican subsidiary of International Container Terminal Services, Inc. (ICTSI) at the Port of Manzanillo, recently achieved its first year-to-date, four-millionth TEU milestone, at a time when the company embarks on expansion works to increase capacity.

The Port of Savannah achieve a record of 4.5 million TEU container units in the fiscal year that ended on June 30, experiencing an increase of more than 305,000 TEUs or 7.3%. Governor Brian Kemp applauded all men and women who work through out the supply chain.

The Californian Port of Oakland is to acquire another two electric big rigs by October 2019, as GSC Logistics wishes to discover if zero-emission tractors can haul cargo containers over highways. The company said it is acquiring two 13-ton electric trucks with assistance from state grants.

Cargotec's MacGregor, MSC Mediterranean Shipping Company and Guangzhou Wenchong Dockyard have signed a contract aiming to upgrade the cargo systems on six 16,000 TEU container ships, which MSC owns and operates. The Cargo Boost orders will be booked into MacGregor's second quarter 2019 order intake and the upgrades will be applied during drydocking in 2020.

South Carolina Ports Authority announced on June 11 that it achieved its strongest May on record. Namely, the Port handled 204,457 twenty-foot equivalent container units handled last month. Fiscal year-to-date TEU volume has increased by 9.7%, with 2,192,689 TEUs handled since the Port's fiscal year started in July.

Hutchison Ports has celebrated its 50th anniversary by announcing that it has become the world’s first port operator to achieve a cumulative global throughput of 1.3 billion TEU. The port's achievement was announced at a cocktail reception in Hong Kong.