Sharing figures for the month of August, the US Port of Long Beach said it saw the fifth-busiest August in its 108-year history, handling a total of 663,992 TEUs. However, this represents a 2.3% decrease in its cargo movement compared to August 2018.
According to the monthly Global Port Tracker, issued by the National Retail Federation and Hackett Associates, imports at US retail container ports will keep being at record levels this month, despite the trade tension between China and the US.
Enterprise Products Partners and Chevron US. Inc., announced long-term agreements, aiming to support the development of Enterprise’s Sea Port Oil Terminal in the Gulf of Mexico. Enterprise’s SPOT project includes onshore and offshore facilities, such as a fixed platform located around 30 nautical miles off the Brazoria County, Texas.
The US Department of Transportation announced $855,950,000 in proposed grants through the Infrastructure for Rebuilding America (INFRA) discretionary grant program. The list of grants includes $8.04 million for the PortMiami to rehabilitate and create new capacity on the Seaboard Marine Terminal.
Virginia Governor Ralph Northam announced the completion of the Port of Virginia’s $320 million expansion at the Virginia International Gateway container terminal. The completion of this project is a significant milestone as the Port works to enhance cargo and container capacity at its two major terminals, with a total goal of increasing capacity by 40%.
The Jacksonville Port Authority (JAXPORT) has achieved a record number of container and auto moves during the first three quarters of fiscal year 2019. During this time, JAXPORT moved about one million containers, a 6% increase over the same period last year.
Pilbara Ports Authority has delivered a total annual throughput of 697.2 million tonnes (Mt) for the 2018/19 financial year. This result constitutes less than 1% change, namely a decrease of 2.06 million tonnes, from last year’s record annual throughput.
ABS and MOL informed that they have signed a Memorandum of Understanding to collaborate on up to 14 new gas carriers. The agreement regards seven new-build Very Large Ethane Carriers (VLEC) and up to seven new-build Liquefied Natural Gas Carriers (LNGC) designed to carry gas from the US to China and other global markets.
The Port of New Orleans announced an update regarding its operations ahead of the severe weather currently associated with Tropical Storm Barry. Namely, the Port decided to apply several measures in order to prepare for the storm. The Port has taken measures regarding its cargo operations, cruise operations, bridge operations, and the Inner Harbor Navigation Canal.
Tariffs continue to impact cargo traffic at the Port of Long Beach, where volumes fell in June, in comparison to the same month in 2018. Last June was the busiest month in the Port’s 108-year history, and capped the busiest second quarter during the busiest year ever.
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