rss icon Subscribe
desktop mobile

Long Beach Container Volumes Dip in July

Photo: Port of Long Beach

Shailaja A. Lakshmi

The Port of Long Beach saw a decline in container volumes in July compared to the same month a year ago, which hit a historic high that has since been surpassed.

The drop, 4.4 percent, was attributed to shipping alliances' decisions in July to shift vessel deployment and port calls. Port officials also raised concerns that escalating tariffs could slow trade activity - thus far the busiest in the Port's 107-year history - during the remainder of the year.

In total, terminals moved 688,457 twenty-foot equivalent units (TEUs) through Long Beach last month. Imports dropped 8.2 percent to 347,736 TEUs, while exports fell 5 percent to 119,747 TEUs. Ships departing the Port took 220,975 empty TEUs overseas, up 2.6 percent.

For the calendar year, the Port of Long Beach is on pace for its busiest year ever, topping 2017. Through July, volumes are 11.3 percent or almost half a million TEUs over the same period in 2017, totaling 4.6 million TEUs. June 2018 volume at the Port was the highest in its history, at 752,188 TEUs.

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 $194 billion in trade annually, supporting hundreds of thousands of Southern California jobs.

Aug 12, 2018

 

Ports

Maritime and Port Authority of Singapore Holds Ferry Emergency Drill

Vessel to vessel transfer. Photo: Maritime and Port Authority of Singapore (MPA)

The Maritime and Port Authority of Singapore (MPA) conducted a ferry emergency exercise  to test

Prof. Kurt Bodewig is European Coordinator for Motorways of the Sea

Photo: European Sea Ports Organisation

The European Sea Ports Organisation congratulates Prof. Kurt Bodewig on his nomination as European

Georgia Ports plan 8 million TEU capacity by 2028

GPA Executive Director Griff Lynch delivers his State of the Port address Thursday, Sept. 20, 2018, in Savannah, Ga. (Photo: Georgia Ports Authority/Stephen B. Morton)

Georgia Ports Authority’s 10-year, $2.5 billion plan aims to expand the capacity of the nation's

Finance

INSIGHTS: John Rynd / President , CEO and Director, Tidewater Inc.

John Rynd / President , CEO and Director, Tidewater Inc.

Mr. John Rynd graduated from Texas A&M University with a Bachelor of Arts degree in Economics.

Suez Canal Revenues Jump in August

© Carabay / Adobe Stock

Egypt’s Suez Canal revenues rose to $502.2 million in August up 6.7 percent from the same period

Odfjell Finalizes Sale of Rotterdam Tank Terminal

(Photo: Odfjell)

Norwegian shipping and tank terminal company Odfjell SE announced on Thursday that it has

Maritime Apps