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Global Gateways: Page 58
Drought Restrictions in Panama Canal to Continue Into 2024
The daily limits have contributed to a backlog of 116 vessels waiting to cross, well above normal, but below the more than 200 ships that were stuck last month.
First Grain Ships Arrive Using New Route to Ukraine
Officials said it was the first time civilian ships had reached a Ukrainian port since the collapse of a UN-backed deal with Russia.
YoY Port of LA Container Volumes Grew for the First Time in Over a Year
The port also saw the number of imported TEUs handled increase by 7% year-over-year to more than 433,000 TEUs, the first year-on-year increase in more than a year.
IANA and the Bureau International des Containers to Offer Geofencing for U.S. Container Facilities
The objective is to provide a neutral open library of geofences linked to container handling facilities to ensure that all parties in the supply chain can reference the same geofence for a facility.
Los Angeles Welcomes Ratification of ILWU Contract
Port of Los Angeles Executive Director Gene Seroka thanked the 22,000 members of the ILWU for ratifying the six-year contract.
South Korea Pledging More Financial, R&D Support for Shipbuilding
As part of the country’s three-pronged plan, the amount of government support issued for ship construction will increase from $91 million to $300 million.
Ocean Carrier EBIT Fell by 90% Year-on-Year During Q2 2023
Orient Overseas Container Line (OOCL) had the largest EBIT per TEU during Q2 2023 at $305, a massive drop-off from Q2 2022, which was over $1,500 per TEU.
Globus Maritime Places $75.5M Order for Two Bulk Carriers
The company said the vessels will be built at a "reputable Japanese shipyard" and delivered during the second half of 2026.
Port of LA Cargo Volumes Fell in July After Near Record-Breaking June
Through the first seven months of 2023, the Port of Los Angeles has processed 4,821,670 TEUs, a 24% drop from the same period in 2022.
MSC Could Face Charges for Allegedly Overcharging Customers
The FMC audited MSC’s D&D charges in 2021 after receiving claims that the company issued the same daily rate for both operating and non-operating reefers (NORs).
U.S. Cargo Volumes in August Likely to Be Highest in Almost a Year
U.S. ports are expected to handle 2.03 million TEU during August, marking the first time American ports have handled over 2 million TEU since October 2022.
ILWU Canada Ratifies Labor Deal
The British Columbia Maritime Employers Association
ratified the agreement on July 31.
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