Ports

  • Florida’s Ports Lost $14 Billion in Trade in 2020...

    While Florida’s seaports experienced a significant loss of trade and revenue in 2020, a new report shows that the state’s seaports are poised for a recovery in 2021. Leading the recovery is the strong growth in cargo volumes that started in the second part of 2020 and the recent gradual restart of the cruise industry, which makes up an important part of the operations of Florida’s ports.

     

  • A new international container terminal in Italy...

    Operated by Gruppo Grendi, the ‘MITO of Sardinia’ (Mediterranean Intermodal Terminal Operator) terminal will offer customers a 350m length quay and approximately 86,000 sqm of yard in the Port of Cagliari in Sardinia. Loading and unloading operations will be fully operational by September.

     

  • Port of Corpus Christi's Cargo Boom...

    In June, the Port of Corpus Christi set a new all-time record record quarter and a record first half of the year, moving nearly 80.5 million tons of cargo in the first six months of the year.

     

  • Philippines: Cargo volume soars in the first 5...

    The Philippine Ports Authority (PPA) posted positive performance in the first 5 months of the year as total cargo volume registered a 15.5% hike from 86.377 million metric tons (mmt) in 2020 to 99.776 mmt this year.

     

  • Imports are on Track for a TEU Record at U.S....

    Imports of retail merchandise at the nation’s largest container ports are continuing to show double-digit growth over last year leading to the forecast that 2021 will be a record year, surpassing the strong results in 2020 and becoming the third consecutive year of growth in U.S. imports. According to the association of retailers, the National Retail Federation, strong consumer demand is driving the momentum and could drive imports past the 25 million TEU mark for the year.

     

  • Shanghai targets 47 million TEU annually through...

    Already the busiest container port in the world, Chinese officials announced an ambitious plan to further expand Shanghai by 2025. The efforts to enlarge the regional port operations and enhance the use of technology are part of the fourteenth five-year plan that also encompasses cruise ship operations and air travel. 

     

  • JNPT witnesses upswing in cargo handling; JNPT...

    With the easing of lockdown restrictions and pickup in the domestic economic activity, Jawaharlal Nehru Port Trust (JNPT), one of the premier container handling ports, recorded a throughput of 441,984 TEUs in June 2021 as compared to 289,292 TEUs in June 2020. A growth of 52.78% as compared to the same period last year. In terms of rail operations, JNPT handled 88,849 TEUS of ICD traffic from 548 rakes in June 2021, and the Rail-Coefficient is 20.10%.

     

  • The container ship DJANET makes its first call at...

    The Port Authority of Valencia (PAV) has handed over the traditional commemorative “Socarrat” to the container ship DJANET, which has made its first call at the Port of Valencia. The 172-metre long ship of the Algerian-flagged CNAM MED company, built in 2020, has docked at the Valencian port area from Genoa.

     

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Adani Ports gains after stellar Q1 performance

Adani Ports and Special Economic Zone added 2.16% to Rs 707 after the company reported 77% jump in consolidated net profit to Rs 1,342 crore on a 99% increase in consolidated revenue to Rs 4,557 crore in Q1 FY22 over Q1 FY21.

 
English

Florida’s Ports Lost $14 Billion in Trade in 2020 due to the Pandemic

While Florida’s seaports experienced a significant loss of trade and revenue in 2020, a new report shows that the state’s seaports are poised for a recovery in 2021. Leading the recovery is the strong growth in cargo volumes that started in the second part of 2020 and the recent gradual restart of the cruise industry, which makes up an important part of the operations of Florida’s ports.

 
English

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