“The table is set to scale up as demand increases,” said Port of LA Executive Director Gene Seroka.

“We look forward to a moderate rebound in cargo volume through the end of the year,” said Port of Long Beach CEO Mario Cordero.

Looking ahead, Taiwanese ocean carrier Yang Ming said that “the overall momentum for economic recovery over the next two years still appears relatively weak.”

Ocean carrier HMM attributed much of its first-half net-profit nosedive of 90% to overcapacity in the container shipping industry.

“Weaker demand and lower freight rates are having a very noticeable impact on our earnings,” said Hapag-Lloyd CEO Rolf Habben Jansen.

Two New Jersey firefighters died fighting a blaze aboard the Grimaldi car carrier Grande Costa d’Avorio at Port Newark on Wednesday night.

The 14,000-TEU One Stork on Tuesday became the largest container ship to call Jacksonville, Florida.

Executive Director Mario Cordero says the Port of Long Beach is “ready for a rebound in retail.”

More than 43,500 people in Turkey and Syria have died as a result of the Feb. 6 earthquake, which the United Nations is calling a “once-in-a-generation disaster.”

The Georgia Ports Authority said a 16% drop in imports year over year “was fueled in part by reduced orders in retail and manufacturing.”

HMM acknowledged that “freight rates in most key trade lanes have been under downward pressure since H1 2022.”

Executive Director Mario Cordero said he is optimistic the Port of Long Beach will recapture market share.

ONE’s profit dropped by 50% quarter over quarter to $2.76 billion.

German ocean shipping company Hapag-Lloyd said its earnings before interest, taxes, depreciation and amortization jumped by $7.6 billion year over year.

“Terminal and infrastructure investments are a crucial element of our strategic agenda and India is one of our key growth markets,” Hapag-Lloyd CEO Rolf Habben Jansen said.

The 9,133,657 twenty-foot equivalent units the Port of Long Beach handled in 2022 were only 2.7% off the record-setting 2021.

“It was a challenging year, but collaborative effort across Georgia’s supply chain ensured cargo movement remained fluid,” Executive Director Griff Lynch said.

The Georgia Ports Authority last month handled 464,883 twenty-foot equivalent units, a decline of 6.2% from the 494,699 TEUs moved in November 2021.

The pilot of the Ever Forward could face civil charges as a result of the vessel being stuck in Maryland’s Chesapeake Bay for more than a month.

The blockchain-enabled global platform TradeLens will go offline by the end of the first quarter of 2023.

Ed Aldridge is retiring from CMA CGM America, and Uffe Ostergaard is leaving Hapag-Lloyd.

Container volumes were up year over year in Savannah and Charleston, while crude oil exports set a record in Corpus Christi.

“Container demand is expected to be under downward pressure due to considerable uncertainties,” HMM said in its third-quarter earnings release.

Nicole is forecast to move through Florida to Georgia on Thursday and then to the Carolinas on Friday.

Jaxport CEO Eric Green said the $23.5 million grant “marks a milestone in our initiatives to build the port of the future and move cargo in the most efficient and eco-friendly way possible.”

The U.S. Department of Transportation is awarding the Port of Long Beach a $30.1 million grant to replace diesel yard tractors with zero-emissions cargo-handling equipment.

“At MSC, we want to continue to improve towage service efficiency and expand Rimorchiatori Mediterranei, building on the impressive work of the Genoese families that have developed the company the past 100 years,” MSC CEO Soren Toft said.

South Florida Container Terminal has ordered 12 electric, emission-free, rubber-tired gantry cranes and welcomed the launch of CMA CGM’s Medgulf service at PortMiami.

CEO Rolf Habben Jansen said the SM SAAM S.A. acquisition is part of Hapag-Lloyd’s strategy to build “a robust and attractive terminal portfolio.”

The Georgia Ports Authority’s board on Tuesday agreed to spend $60 million on further development at the Colonel’s Island Terminal.

Crowley Maritime’s Isla Grande Terminal suffered no significant damage when Hurricane Fiona hit Puerto Rico on Sunday.

Executive Director Mario Cordero says the Port of Long Beach is “making great strides in reducing the number of ships queuing to enter the San Pedro Bay ports complex and quickly moving imports and empty containers out of the terminals.”

Senior executive says “strategic assets along the supply chain are a key part of Hapag-Lloyd’s Strategy 2023.”

The Georgia Ports Authority is on track to move a record-setting 6 million twenty-foot equivalent units this fiscal year.

IMC Companies says its SmartStacks app increases driver productivity and eliminates unnecessary container lifts.

The Georgia Ports Authority says the Navis system “eliminates data silos, improves velocity across our terminals and enables us to more easily integrate with our customers to provide the data and insights they need.”

OOIL reports record revenue but has “legitimate concerns about the impact of inflation and interest rate rises on consumer spending.”

Yang Ming summed up its second quarter and the first half of 2022 in about 150 words.

South Korean ocean carrier HMM expects “downward pressure” on demand growth in the second half of 2022.

The South Carolina cold chain facility opening next year will handle Port of Charleston imports and exports of proteins, fruits and vegetables.

UAE-headquartered port operator Gulftainer says it has turned a “poorly performing past two years into a significantly positive first half of 2022.”

Yang Ming’s newest 11,000-TEU container ship will call the Port of Los Angeles on its maiden voyage.

Ocean carrier HMM announced Thursday it will invest $7.5 billion over the next five years on ships, terminals and logistics facilities.

Trailer Bridge signed a $62 million lease agreement with the Jacksonville Port Authority to continue operating a Blount Island terminal through at least 2041.

Trucker Tools CEO Kary Jablonski says taking advantage of technology can help owner-operators drive efficiencies in their operations.

“We are pleased with this settlement as it creates a common understanding in close cooperation and coordination with the authority on the future handling of demurrage and detention charges in the U.S.,” Hapag-Lloyd said.

Maersk said it can provide end-to-end supply chain solutions with its ships calling its APM Terminals Elizabeth, followed by clearance through Maersk Customs Services and finally storage, fulfillment distribution and inland transportation through Performance Team.

While the Federal Maritime Commission’s Rebecca Dye found no evidence of collusion among the major ocean carriers, an investigation into the “numerous charges” they assess still could be launched.

The Jacksonville harbor deepening project “demonstrates Florida’s unwavering commitment to strengthen and grow supply chains.”

According to maritime expert John McCown, the U.S. ports with the strongest April performance were Charleston, South Carolina; Houston; and New York/New Jersey.

“Higher shipping costs hit prices of imported goods at the dock within two months and quickly pass through to producer prices — many of whom rely on imported inputs to manufacture their goods,” IMF researchers wrote.

Five hundred containers were removed from the Ever Forward to lighten its load and help salvage crews refloat the vessel stuck in Chesapeake Bay.

Mario Cordero, Port of Long Beach executive director, says there have been “notable improvements across the supply chain,” but lockdowns in China could change that.

Deputy director for the past three years, Beth Rooney will become leader of the Port of New York and New Jersey on May 2

PSA International has added to its port portfolio with the acquisition of Canadian container terminal Ceres Halifax.

If at first you don’t succeed, switch to plan B.

More than 20 years after the planning began, the Port of Savannah shipping channel has been deepened to 47 feet at low tide.

The refloating of the container ship stuck in Cheseapeake Bay could be a “long, laborious operation.”

Maritime authority Lars Jensen says the “reality is that vessels do at times get stuck and this is not an event with major global ramifications.”

The Coast Guard said it is working with the Maryland Department of the Environment to refloat the grounded Ever Forward.

Current CEO Jae Hoon Bae was not mentioned in the announcement that Kyung-bae Kim will succeed him.

A $150 million project at the Port of Brunswick will increase annual capacity to 1.4 million vehicles.

“Africa remains an important strategic growth market. Particularly for our service offering from and to South Africa, DAL is a valuable addition, allowing us to offer our customers a better network and additional port coverage in this region,” said Hapag-Lloyd CEO Rolf Habben Jansen.

“The solution to the nation’s port congestion problem is right here in this room,” CEO Eric Green said during his State of the Port address.

The Felicity Ace, which caught fire in the Atlantic on Feb. 16, was transporting luxury vehicles to the United States.

Volkswagen Group has not said how many vehicles are on the Felicity Ace or the breakdown of the models, although it has been reported they included 2022 Porsche Boxster Spyders as well as Audis, Bentleys and Lamborghinis.

“Efforts to successfully move aging cargo out of shipping terminals” improve the picture at California’s San Pedro Bay ports.

CEO Rodolphe Saadé said CMA CGM “will transform the Beirut port’s container terminal into a state-of-the-art facility that meets the best international standards.”

“Everything we have sails. Every box we have we try to move,” says Hapag-Lloyd CEO Rolf Habben Jansen.

“Historic, pandemic-induced import surge” drove record-smashing volume at the Port of Long Beach.

While the Port of Long Beach is still dealing with a lineup of container ships waiting to berth, it is looking ahead to providing more cargo visibility.

CEO Rodolphe Saadé says the CMA CGM Group is acquiring Fenix Marine Services to effectively manage its West Coast port operations.

The Clure Public Marine Terminal now can handle “international shipping containers transported by vessel.”

The Port of Los Angeles had its busiest September ever, while Long Beach had its second busiest.

Barbara Melvin will succeed Jim Newsome at the helm of South Carolina Ports next summer and will become the first woman to lead a top-10 U.S. container port.

For the time being, two ocean services will not call Georgia’s busy Port of Savannah.

“By investing more than $2 billion in port infrastructure in recent years, we have the capacity to handle the influx of imports we are seeing today,” says SCPA CEO Jim Newsome.

“This record result was achieved despite severe congestion around the network,” says the Hong Kong ocean carrier.

Yes, despite the headaches, the ocean carriers are making boatloads of money.

A National Labor Relations Board judge ruled the International Longshoremen’s Association cannot force the use of union labor at the Port of Charleston’s new Leatherman Terminal.

“The NTSB determined the probable cause of the capsizing of the Golden Ray was the chief officer’s error entering ballast quantities into the stability calculation program.”

The Port of Long Beach has broken monthly cargo records 13 of the past 14 months.

Port of Los Angeles Executive Director Gene Seroka has been named the 2021 recipient of the Containerization & Intermodal Institute’s top honor.

Back at FreightWaves after a more than monthlong fight against COVID, I thank CEO Craig Fuller for moving the F3: Future of Freight Festival online.

Ocean Network Express says the “economic environment is now changing” and it cannot forecast what the rest of 2021 holds, but Hapag-Lloyd can. It expects to triple 2020’s EBITDA.

The Ever Given, stuck in the Suez Canal for six days in March, finally berthed at the Port of Rotterdam on Thursday.

The saga of the Ever Given moves to its next chapter as the container ship that captured the world’s attention when it became wedged between the banks of the Suez Canal in March is released from custody in Egypt to resume its voyage to the Netherlands.

The South Korean ocean carrier says the newbuilds will provide the “capacity and flexibility” to serve its shippers.

An agreement reportedly has been reached that will allow the Ever Given to finally resume the voyage halted when the container ship became wedged between the Suez Canal banks in March.

Hapag-Lloyd now will add 12 23,500-TEU container ships to its fleet beginning in 2023.

“We know larger ships carrying increased volumes are coming. We want to be out in front of that curve.”

May was the busiest month in the 114-year history of America’s busiest port.

The “unprecedented” influx of imports continues on the West and East coasts.

“With our sustained focus on supply chain digitization, infrastructure investments and strong business relationships, we have the opportunity to build on this historic milestone,” says Executive Director Gene Seroka.

From A.P. Møller – Maersk to ZIM, the world’s shipping lines reported huge profit jumps.

The cranes cost $21.6 million to construct; a price tag on vessel and cargo damage has not yet been estimated.

A mid-May blaze inside the roll-on/roll-off vessel was just the latest incident that halted removal of the Golden Ray, which capsized in September 2019.

A search is ongoing for three missing crew members from a roll-on/roll-off vessel that sank after colliding with a tanker.

After an 85% revenue jump, the South Korean carrier turns its attention to meeting its carbon neutrality target.

“Demand for products and services both domestically and abroad is driving significant gains in Georgia’s cargo volumes,” says Executive Director Griff Lynch.