• 2021 June 18 09:53

    Port of Oakland posts results for Jan-May 2021

    The Port of Oakland continues to move its cargo volume numbers toward record territory. At the same time, more cargo presents enormous operating challenges for marine terminals and ocean carriers at Oakland and at major ports around the world, according to the company's release.

    The Port handled the equivalent of 1.08 million 20-foot containers from January through May, an all-time high. At that pace, Oakland said annual volume could surpass 2.6 million boxes for the first time ever in 2021.

    “We're in unchartered waters; record cargo volume coming through U.S. West Coast ports and a pandemic issue at a port in China are creating vessel congestion in both regions," said Port of Oakland Maritime Director Bryan Brandes. News reports indicate that a COVID-19 outbreak at the Port of Yantian in China has disrupted cargo operations. The ripple effect from the incident has resulted in vessel congestion at multiple ports in south China.

    The Port of Oakland reported a 26% jump in containerized imports last month compared to May 2020. Exports were up 7% the Port said. The numbers are the latest affirmation that Asia-U.S. trade continues to grow, despite all the supply chain challenges.

    Driven by consumer demand, U.S. imports passing through Oakland have increased 20 percent this year, the Port said. Most of that cargo originated in China or neighboring Asian countries, it explained.

    Export volume through the first five months of 2021 is down 1 percent at Oakland, the Port said. It attributed the performance to a shortage of containers and space on Asia-bound ships early this year.

    Trade growth has pushed ocean freight rates to all-time highs, the Port said. It added that shipping lines do not have enough vessel space to meet demand. According to the Port, soaring rates and supply/demand imbalance foreshadow a continued import surge in Oakland and uncertainty for the BCOs (Beneficial Cargo Owners).

    According to the Port, surging trade continues to create a vessel backlog in Oakland. Ships sometimes wait days at anchor in San Francisco Bay due to berth crowding, the Port said. It said the congestion should begin to ease by the fall because the Port expects more dockworkers to be hired and fully trained in the coming weeks.
     
    About the Port of Oakland

    The Port of Oakland oversees the Oakland Seaport, Oakland International Airport, and nearly 20 miles of waterfront including Jack London Square. The Port's 5-year strategic plan - Growth with Care - pairs business expansion with community benefits, envisioning more jobs and economic stimulus as the Port grows. Together with its business partners, the Port supports more than 84,000 jobs.




2021 August 4

08:21 MABUX: Global bunker prices may continue slight downward trend on Aug 04

2021 August 3

18:17 Iridium Connected® Viettel S-Tracking Vessel Monitoring System wins Top 10 Sao Khuê Award
17:59 Lead passenger ship Meteor 120R of new generation launched in the Nizhny Novgorod Region
17:25 A subsidiary of KCC has signed a new Contract of Affreightment for its CLEANBU fleet with a major international charterer in the tanker market
16:47 Petersburg Oil Terminal obtains permit for construction of its new handling facility
16:24 Nigerian Chamber of Shipping becomes full ICS member
15:22 Vard delivers “Le Commandant Charcot” to Ponant
15:00 Bunker sales at Vladivostok port in 7M’2021 fell by 30% YoY
14:41 Construction of new facilities to commence at Onezhsky Shipyard in autumn 2021 года
14:23 CMA CGM announces PSS for cargo bound for East Russia
13:42 The Panama Canal resumes seasonal measures to protect migrating marine life
13:12 CMA CGM announces THC for Novorossiysk, Russia import/export
12:57 ABP’s Ports of Ipswich and Ayr enable wheat cargo to be shipped more sustainably
12:22 Wärtsilä to provide efficient service support for Brazilian river tugs despite challenging operating conditions
11:59 MOL to build series of 4 LNG-fueled car carriers
11:58 FESCO starts seasonal delivery of cargo from ports of China and the United States to Chukotka
11:36 Finnlines announces adjustment of bunker surcharge in its own container traffic
10:54 Baltiysky Zavod shipyard casts third one-piece propeller for Project MR-50 product tankers
10:30 Tallink Grupp published its statistics for July 2021
10:09 Maersk raises full-year guidance
09:57 Oil prices decrease amid coronavirus related restrictions
09:41 Baltic Dry Index as of August 2
09:23 Yaroslavsky Shipyard launches non-self-propelled dredging ship of Project RDB 66.42М
09:08 Japan’s Ministry of Internal Affairs and Communications gives the green light to Iridium services
08:58 MABUX: Global bunker prices may drop on Aug 03 following sharp decline on crude market yesterday
08:09 The largest water-rail intermodal terminal of the Yangtze River starts operations

2021 August 2

19:09 Seven dredging ships deployed for operation on Sea Canal in the Gulf of Ob
18:35 LR unveils key appointment for its Maritime Performance Services business
17:54 CMA CGM announces PSS for cargo from the Middle East Gulf to North Europe, Scandinavia, Poland, Baltic, West Med & Adriatic, East Med, Black Sea, North Africa & Morocco
17:46 LUKOIL announces new oil finding in Sayulita prospecting area of Block 10 offshore Mexico
17:30 CMA CGM has announced PSS for cargo from India to North Europe & the Mediterranean
17:28 CMA CGM announces PSS for cargo from North Europe, UK, Scandinavia, Poland & North Spain to Colombia Atlantic & Dominican Republic
17:27 Large hydrographic survey vessel of Project 23370G, Grigory Shadrin, launched in Murmansk
17:23 CMA CGM to launch a new Express Shuttle service linking East Asia to Russian Far East
17:05 Sri Lanka Ports Authority successfully reworks leaked chemical container on board
16:54 Rhenus Group plans to acquire the Polish freight forwarding and logistics company C. Hartwig
16:30 Sea Port of Saint-Petersburg enhanced its environmental safety
16:03 Maersk’s digital logistics platform Twill increases its presence in Gdansk
15:38 Maersk launches new system notification for containers at BCT Gdynia port
15:14 FESCO dispatches its first full-length train with Korean cargo as part of the new Asia-Europe service
14:49 Diana Shipping announces signing of a supplemental agreement with Nordea Bank
14:38 Average spot market price for Russian M100 product rose to RUB 25,045 pmt
13:59 Tallink Grupp to increase share capital and to conduct public offering of new shares
13:13 Seventh ship of Project RSD59, Valentin Smyslov, put into operation
12:30 Russian Railways' network loading climbed by 4.5% in 7M’2021
12:05 Tuapse Sea Commercial Port increased its half-year throughput by 11.8%
10:52 Baltic Workboats delivers Patrol 22 WP model to Belgian Police
10:26 Aker Arctic representative to report on development of icebreakers effectivity at IAA PortNews’ conference on NEVA Exhibition zero day
10:04 Austal Australia delivers 12th Guardian Class Patrol Boat
09:58 Operations poised to begin at “Mitsubishi Heavy Industries Maritime Systems”
09:31 Oil prices decrease amid coronavirus concerns
09:14 Baltic Dry Index as of July 30
08:49 MABUX: Global bunker prices may rise slightly on Aug 02

2021 August 1

14:43 Siem Offshore secures contract from Seaway 7
13:22 NYK issues first transition bonds in Japan
12:37 Minerva Bunkering Partners with rise-x.io adding end to end workflow to the Advanced Delivery Platform (ADP)
11:04 Silversea Cruises officially names newest ship, Silver Moon, in Athens

2021 July 31

13:08 Ammpower Corp signs MOU to provide green ammonia energy solutions to Porto Central in Brazil
11:47 Tiel-Waardenburg dyke reinforcement awarded to Van Oord, Dura Vermeer and Ploegam
11:12 Holland America Line takes delivery of new cruise ship at Fincantieri's Marghera shipyard