Following the coronavirus outbreak, the American Association of Port Authorities (AAPA) recently issued a statement in which highlighted the impacts that the virus has upon the ports, the shipping industry, the logistics, the economy, and of course the human health.
Phillips 66 and Trafigura formed a 50/50 joint venture, Bluewater Texas Terminal LLC (Bluewater Texas), to develop an offshore deepwater port project, located around 21 nautical miles east of the entrance to the Port of Corpus Christi.
Global shipping has taken an important hit because of the coronavirus, as more tonnage of container ships remain idle around the world, in comparison to the global financial crisis. As a matter of fact, docks in China are clogged as shipping containers or iron ore arrive.
According to Los Angeles Times, SpaceX discusses with the LA government officials, in order to develop a new rocket facility based in the Port of Los Angeles. In fact, the matter is under negotiations, since it needs to be further approved from the LA City Council, which is scheduled to vote for it next week.
Port of Oakland containerized import volume increased 7.3% last month over January 2019 totals. Exports also grew, lifting hopes for recovery from a US-China trade war. However, the Port is concerned about the potential implications due to the coronavirus.
The US Federal government recently granted $93 million to JAXPORT, concerning the next phase of its upgrade project. Namely, the investment will focus on the deepening of Jacksonville shipping channel to 47 feet from its existing depth of 40 feet.
The American Association of Port Authorities (AAPA) commented on US’s fiscal 2021 budget, registering concerns over significant declines to federally funded, port-related programs when compared against this year’s appropriation funding levels.
The Port Executive Director Gene Seroka recently announced that the Port of Los Angeles moved near-record cargo in 2019 with a total of 9,337,632 Twenty-Foot Equivalent Units (TEUs), just short of the second-best year in its 113-year history, despite lingering tensions from the U.S.-China trade war.
According to a recent statement, the Port of Corpus Christi ended 2019 with record tonnages for December, with 13.8 million cargo tons. What is more, the entire year recorded 122.2 million cargo tons; a 16-million-ton improvement over 2018 tonnages.
The port of Milwaukee, Wisconsin, is facing operational challenges due to the rough weather conditions, as strong winds and high water have forced the port to prohibit public access to Jones Island, while port workers take measures to deal with the situation so that the port can resume its operations.
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