Ocean

As Negotiating Deadline Looms for West Coast Ports, Economic Trouble on Horizon

A new study shows a shutdown could cost $2.5 billion a day.
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As negotiations continue for a new contract agreement covering 13,600 dockworkers at 30 ports stretching from San Diego, Calif., to Bellingham, Wash., a new study shows the U.S. economy could lose as much as $2.5 billion a day if a prolonged West Coast port shutdown occurs.
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Port of Seattle, Puget Sound Clean Air ScRAPS Program Starts

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The Port of Seattle and the Puget Sound Clean Air Agency launched a new truck scrapping and replacement program.
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EVER LISSOME Makes Maiden Voyage Call to Atlantic Ports

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Ever Lissome, the fifth of Evergreen's 8,508-TEU containerships built by China Shipbuilding Corp. in Kaohsiung, Taiwan, made its maiden voyage to the North America ports.
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Ocean Cargo Bound for Canada: HMF Avoided, New Fee at Port Metro Vancouver

Harbor maintenance fee avoided for U.S. bound ocean cargo en route via Canada.
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A tax on ocean bound cargo entering the U.S. through Canadian and Mexican ports of entry has been avoided.
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South Carolina Ports Adopts FY2015 Financial Plan

The SC Ports Authority's positive credit rating is affirmed.
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Building upon the record-setting May volumes announced, the SC Ports Authority (SCPA) Board of Directors approved a 2015 fiscal year plan that includes across-the-board increases in cargo volumes, operating revenues and capital investments.
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P3 Network Struck Down by Chinese Ministry of Commerce

The P3 Network will not be implemented following decision by the Ministry of Commerce (MOFCOM) in China.
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Department of the Navy Names Superior Suppliers for 2014

From Office of the Assistant Secretary of the Navy for Research, Development and Acquisition.
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Today, the Department of the Navy named its 2014 superior suppliers, as part of the Department's Superior Supplier Incentive Program (SSIP).
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Mid-June PSS Postponed; Some Carriers Implement GRIs

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Amid a volatile shipping market and concerns of U.S. West Coast slowdowns, ocean carriers have postponed the peak season surcharge from the Far East and Indian sub-continent to the U.S. and Canada.
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Enterprise to Locate Major Ethane Export Terminal on Houston Ship Channel

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Enterprise Products Partners will build an ethane export facility on the Houston Ship Channel, signing a long-term agreement with the Port of Houston Authority for use of its facilities adjacent to Enterprise's existing terminal at Morgan's Point.
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WRRD Act Signed, Savannah Harbor Expansion Construction Begins

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With the president’s signing of the Water Resources Reform and Development Act of 2014, the Savannah Harbor Expansion Project (SHEP) is authorized to begin construction.
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Calculating a true landed cost for global sourcing directly correlates with the profitability of purchased goods. However, few companies can command real-time visibility in to all the costs involved for cross border movements. In this podcast, World Trade 100 and Amber Road highlight how a comprehensive global trade platform that converges both logistics and compliance costs can deliver true landed cost visibility.

 

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