• 2017 January 12 12:12

    Port of Long Beach cargo volume down 5.8 percent in 2016

    Slowed by industry headwinds and challenges that included a major customer declaring bankruptcy, the Port of Long Beach still moved almost 6.8 million containers in 2016, its fifth best year ever, the company said in its press release.

    Overall cargo declined 5.8 percent in 2016 compared to 2015, as the Port was impacted by new ocean carrier alliances and the August bankruptcy of Hanjin Shipping, a South Korean company and former majority stakeholder at the 381-acre Pier T container terminal — Long Beach’s largest.

    By year’s end, the Harbor Commission had approved an agreement for a subsidiary of Mediterranean Shipping Co., one of the world’s largest container ship operators, to take sole control of the long-term lease at Pier T.

    Cargo was 8 percent lower in December compared to the same month in 2015. Imports decreased 8.2 percent to 271,599 twenty-foot equivalent units, or TEUs. Exports fell 2.5 percent to 122,933 TEUs, while empties declined 11.4 percent to 154,397 TEUs.

    A total of 6,775,171 TEUs moved through docks in 2016. Imports totaled 3,442,575 TEUs, down 5 percent, and exports were up 0.3 percent to 1,529,497. Empty containers were down 11.7 percent to 1,803,098.

    The year started on a high note in Long Beach, with shipments rising in early 2016 compared to the same period in 2015. Later in 2016, shifting service routes under the new alliances and the Hanjin bankruptcy contributed to a slide in cargo figures.

    The Port of Long Beach is one of the world’s premier seaports, a gateway for trans­-Pacific trade and a trailblazer in goods movement and environmental stewardship. With 175 shipping lines connecting Long Beach to 217 seaports, the Port handles $180 billion in trade annually, supporting hundreds of thousands of Southern California jobs.




2017 June 27

18:36 Hapag-Lloyd to implement new GRI for all dry, reefer, flat rack and open top containers from East Asia to US and Canada
18:06 JAXPORT Board of Directors unanimously approves start of Jacksonville Harbor Deepening
17:52 Vympel Shipyard launches fourth Grachonok-class boat of Project 21980
17:36 DNV GL updates the widely used recommended practice for free spanning pipelines
17:24 Vyborg Shipyard hosted meeting focused on localization of ship equipment production in the Russian Federation
17:06 DOF Subsea contract awards in the North Sea and in Canada
16:43 Panama Canal commemorates one-year anniversary of expanded Canal
16:40 Coal exports via Rosterminalugol terminal hit 11 mln t milestone this year (photo)
16:19 Wood Group secures FEED for Alexandroupolis LNG project in Northern Greece
16:12 Port of Helsinki publishes instructions for the safe LNG bunkering of ships
15:55 Insolvency administrator and representatives of Port Equipment LLC shut off from company assets at the port of Vyborg
15:47 Damen Multi-role Aviation Training Vessel arrives in home port of Sydney, Australia
14:44 Krylov State Research Center announces opening of its 40-MW electrical test unit on 28 June 2017
14:26 NYK selected for FTSE4Good Index for the 15th straight year
14:22 Russia’s General Board of State Expert Review approves construction of utilities for sea terminal in Pionersky (Kaliningrad region)
14:03 Norway to implement maritime broadband communication on ships and planes in public service
13:47 Glosten completes design of 150-passenger hybrid electric ferry for Kitsap Transit
13:30 Wan Hai Lines enhances China - Southeast Asia service network
13:23 Goodman increases warehouse space at its logistics centre at the Port of Gdansk
13:17 DFDS Logistics uses biofuel for trucks in Gothenburg
12:58 Bunker prices go up at the Far East ports of Russia (graph)
12:07 RF Navy’s missile ships practiced interaction in the Baltic Sea
11:39 Arctic Economic Council welcomes Statoil as Northern Partner
11:15 NIBULON launches the last tugboat in a series of three vessels of Project 121M
10:48 Ministry of Infrastructure of Ukraine appoints new Head of USPA's Nikolaev branch
10:16 New Skangas Board member appointed
09:52 Brent Crude futures price up 0.28% to $46.17, Light Sweet Crude – up 0.23% to $43.48
09:35 Passenger Port of St. Petersburg welcomed 19 cruise ships last week
09:13 Baltic Dry Index up to 884 points

2017 June 26

18:04 2 MOL-operated / managed vessels selected as 2016 'Best Quality Ships Award'
17:51 Gas from Lithuanian LNG terminal will be stored in the Latvian Inčukalns storage facility for the first time
17:34 EUROGATE publishes first sustainability report
17:04 Diving support vessel Redsborg from the Wagenborg Offshore sets direction to St. Eustatius
16:48 Murmansk Region and Gazprom Geologorazvedka sign agreement on social and economic development
16:34 ZIM deploys an 11,000 TEU vessel in the Asia-ECSA Trade
16:04 Upcoming State of the Baltic Sea report to be in focus in the 2018 HELCOM Ministerial Meeting
15:50 Baltic Sea Tug Agency provided towing and mooring services to the largest bulk carrier welcomed by the port of Ust-Luga (photo)
15:34 Aker Solutions to supply umbilicals for Mozambique's first offshore field development
15:04 DEME’s subsidiary GeoSea to install offshore foundations for EnBW offshore wind farm Albatros in Germany
14:38 Nevsky Shipyard will launch dry cargo vessel of Project RSD 49 on 29 June 2017 (photo)
14:19 Damen prepares Columbus for summer cruise season
14:15 Average wholesale prices for М-100 HFO down to RUB 9,573 in RF spot market
13:49 Rosterminalugol welcomed the largest bulker in the history of Ust-Luga port (photo)
12:56 Upcoming State of the Baltic Sea report to be in focus in the 2018 HELCOM Ministerial Meeting
12:03 New City Terminal entrance improves accessibility of Rotterdam’s city and port
11:34 Port of Rotterdam Authority contracts four PortXL start-ups
11:11 Baltic Sea Tug Agency LLC assisted floating crane involved in lifting of sunken barge (photo)
10:48 Decade-old Betuwe Route crucial for sustainable growth of port of Rotterdam
10:25 Seafarer abandonment was the subject of a seminar held at IMO Headquarters
10:00 Brent Crude futures price up 0.98% to $46.22, Light Sweet Crude – up 1.09% to $43.48
09:37 Nevsky Shipyard starts mooring trials of salvage tug Kalas
09:16 Baltic Dry Index up to 870 points

2017 June 25

14:10 NYK Rumina receives Japanese Pilots' Best Quality Ship Award
14:08 JAXPORT welcomes largest containership to ever call a Florida port

2017 June 24

08:22 Viking Cruises christens Viking Sky in Tromsø, Norway
08:20 Atlas Maritime join the V8 Pool
08:08 Van Oord starts collaboration with start-up acceleration platform PortXL
08:06 Day of the Seafarer is on 25 June

2017 June 23

18:04 CMA CGM announces PSS from Asia to North Europe
17:50 Severnaya Verf will launch the Gremyashchy, corvette of Project 20385, on 30 June 2017