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AIS Vessel Tracking Provides View of USS Fitzgerald Collision

Posted by Chris Leslie on Jun 22, 2017 6:07:00 AM

 Early Saturday morning, a US destroyer, the USS Fitzgerald, was hit by a container ship just off the coast of Shimoda, Japan. The collision claimed the lives of seven US Navy Sailors. In the aftermath of this tragedy, both sides are trying to figure out exactly what happened.

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Port Alliances Present New Possibilities

Posted by PortVision on May 9, 2017 6:07:00 AM

With the approval of the Federal Maritime Commission (FMC), several ports that previously competed for market share are now working cooperatively—exploring opportunities, sharing data, promoting cargo-handling efficiencies, expanding infrastructure. This trend among ports to form alliances with other ports in the same geographic region has come in response to the recent alliances formed by shipping companies.

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West Coast Ports Post Market-Share Gains in 2016

Posted by PortVision on Apr 4, 2017 6:07:00 AM

According to a recent report from the Pacific Maritime Shipping Association (PMSA), ports up and down the West Coast of the U.S. collectively posted gains in market share in 2016 in terms of the TEUs—twenty-foot equivalent units—they processed. In coming to that conclusion, the PMSA report took into account a number of factors, including container weight, and whether the TEUs were outbound or inbound.

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Key Ports Break Records in 2016 for Loaded-Container Volume

Posted by PortVision on Feb 28, 2017 6:07:00 AM

It was a very good year for ports on both sides of the country in terms of the total number and volume of containers handled in 2016. In most cases, those figures showed a marked – sometimes record-breaking – increase. This blog will look at statistics that bear this out.

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New, Aggressive Clean Air Action Plan for LA/Long Beach Ports

Posted by PortVision on Jan 31, 2017 6:07:00 AM

Driven by California's Sustainable Freight Action Plan, the ports of LA and Long Beach are updating their Clean Air Action Plan (CAAP). The state's plan, unveiled in July 2016, focuses on improvements to freight infrastructure efficiency, a transition to zero-emission tech, and a goal to make California's freight system more competitive. According to the Journal of Commerce, these ports currently have the strictest air-quality standards in the US and this new update of their CAAP will create environmental policies that some cargo owners and port clients fear will make the port complex less competitive.

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PortVision's Top 10 Blogs of 2016

Posted by PortVision on Dec 31, 2016 6:07:00 AM

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PortMiami gets $33 million grant for further expansion

Posted by PortVision on Dec 30, 2016 6:07:00 AM

Miami-Dade County announced that Florida State grants totaling $33 million over the next five years are committed to PortMiami (the Dante B. Fascell Port of Miami). This is on top of the previously invested $1.3 billion to ready the port for the bigger ships now transiting the newly expanded Panama Canal from the Pacific. The first container ship to pass through the canal and reach Miami, the MOL Majesty, was welcomed on July 9, 2016. Although the Majesty is small, as neo-Panamax ships go, at only 991 feet, it is only the first of many bigger vessels that will enter the port.

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New Suez Canal Transit Fee Discounts Offered

Posted by PortVision on Dec 28, 2016 6:07:00 AM

The Suez Canal Authority has offered shipping lines a discount if they prepay canal fees three to five years in advance, as reported in Ship & Bunker.

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Japanese merger another indication of trouble for container industry

Posted by PortVision on Dec 22, 2016 6:07:00 AM

The creation of Japan's second largest box carrier was announced in October. As reported by Bloomberg, the new firm includes Japan's three largest shippers which will be combining their container operations.

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East and West Coast port upgrades – a risky financial investment?

Posted by PortVision on Dec 13, 2016 6:07:00 AM

The new Panama Canal may not turn out to be an economic windfall for east and west coast US ports – at least in the short term. Just as the new Panama Canal channel and locks ramp up after the June 2016 opening, shippers like Nippon Yusen, Mitsui OSK Lines and Kawasaki Kisen are expecting major operating losses ($780 million) for the fiscal year ending in March 2017, as reported by Bloomberg Businessweek. As well, at a recent conference, the CFO of Haapag-Lloyd mentioned that the shipping industry is looking at the highest ship-scrapping levels ever seen. In Singapore, one of the world's largest ports, shipping container traffic fell 8.7% in 2015 and 1.7 % in 2016, so far.

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