article tag Seaports

China’s tech hub city of Shenzhen resumed normal work and production today after a seven-day lockdown, but it could take weeks for cargo flows to recover.

The newly launched data platform project of the port of Long Beach is getting traction on the US west coast after the ports of Oakland and the Seattle-Tacoma Northwest Seaport Alliance (NWSA) signalled support for the concept.

India’s private ports, which had set their sights on solid growth in the current fiscal year, are seeing a “sequential moderation” in cargo volumes, new port data suggests.

The state government of California has moved to lease six off-dock properties, with a standing capacity of some 20,000 containers. The move, announced on 15 February, is the latest in a series of steps designed to alleviate supply chain bottlenecks.

In an effort to alleviate logistical bottlenecks, the Californian port of Long Beach has called for stakeholders all along the supply chain to extend working hours.

Bangladesh’s strained logistics sector could see major foreign investment, following a call by the EU for the country to relax restrictions. The EU is pushing Bangladesh to open up its logistics industry to foreign investment of up to 100%, from 49%.

Having already outstripped Long Beach as a bigger US import container hub, the port of New York & New Jersey is close to usurping Los Angeles at the top of the rankings. The reason is the accelerating coastal shift of imports from west to east.

Yantian International Container Terminal (YICT) in southern China lowered the cut-off time for receiving outbound containers since Wednesday, claiming delayed ship arrivals have caused containers to pile up in its yard.

The Northwest Seaport Alliance (NWSA) can see light at the end of the congestion tunnel. At the end of last year, vessel unloading had slowed due to the festive holiday and icy weather, but terminals are back to handling multiple ships a day.

Ocean Network Express (ONE) has confirmed that around 60 containers were lost overboard with a further 80 damaged in the stack collapse on its containership Madrid Bridge last Friday.