Subscribe to Our Blog

New Pipelines and LNG Terminals Boost Natural Gas Exports

Posted by PortVision on May 17, 2017 6:08:00 AM

The “shale revolution,” as it’s been called, has led not only to the construction of new pipelines and LNG terminals, but also to a significant increase in this country’s energy exports. Less than a decade ago, U.S. gas production from conventional fields was in a downward spiral. And experts predicted that the country would become, of necessity, one of the largest importers of natural gas.

Read More

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.

Read More

Pipeline Maintenance Reroutes LNG Deliveries to Mexico

Posted by Chris Leslie on Apr 27, 2017 6:07:00 AM

Earlier this month, Pemex, Mexico's state-owned petroleum company, started importing LNG from Cheniere Energy's export terminal in Sabine Pass to Mexico's Altamira import terminal.  These deliveries were the product of scheduled maintenance on the NET Mexico pipe in Texas, which starting during the holy week of April 9 - 15. 

Read More

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.

Read More

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.

Read More

PortVision's Top 10 Blogs of 2016

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

Read More

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.

Read More

Market stress on global terminal operators leads to new strategies

Posted by PortVision on Dec 20, 2016 1:52:22 PM

Port terminals around the world are feeling an economic squeeze from a number of directions. Port Technology indicates that these pressures could lead to shutdowns, lower profits for terminal operators, and decreased port investment in the future unless operators figure out a way to change strategies to stay viable.

Read More

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.

Read More

Surging Petchem Production Boosts Gulf Coast Ports

Posted by PortVision on Jun 21, 2016 6:07:00 AM

The Gulf Coast, a hub for the storage and transport of petrochemicals, is booming with activity. Growth in refining at terminals in Houston and New Orleans, driven by low natural gas prices, can be seen in new plans to increase capacity at petrochemical facilities and major rail lines, as reported by Maritime Executive.

Read More