Supply chain issues tied to liner shipping have been front page news throughout 2021; just about everyone agrees that there’s a problem. The underlying cause is right out of Economics 101: a surge in demand for moving containerized cargo, in the face of “inelastic” throughput capacity (which includes vessels and their landside interfaces to surface transportation
A record 60 container vessels are at anchor or adrift in the San Pedro Bay, waiting to be unloaded at the Port of Los Angeles/Long Beach seaports and another 20 are due to arrive in coming days, a port executive said on Wednesday.With the pandemic still raging around the world, U.S.
The U.S. trade deficit jumped to a record high in March amid roaring domestic demand, which is drawing in imports, and the gap could widen further as the nation's economic activity rebounds faster than its global rivals.Manufacturers lack the capacity to satisfy the surge in demand because of resource constraints and bottlenecks in the supply chain. Inventories are very lean.
If you and your crew are facing questions about ballast water management (BWM) and related regulatory deadlines, it would be worth your while to download a new (January 2021) “Ballast Water Management Systems User Guide,” an extensive, in-depth look at evaluating, selecting and installing a BWM system. The guide was published by MARAD and Glosten for the Ship Operations Cooperative Program (SOCP).
The Port of Los Angeles and cargo shipping lines are diverting some ships to other West Coast ports as a six-month import surge strains capacity at the busiest gateway for ocean trade in the United States.Container lines such as Hapag Lloyd and CMA CGM are temporarily diverting some sailings to Oakland and other West Coast ports to ease record backlogs at the Port of Los Angeles and the adjacent
Members of Congress have joined state and local leaders in urging California officials to hasten COVID-19 vaccinations for workers at the ports of Los Angeles and Long Beach, the nation's two busiest, hit hard by pandemic workforce disruptions and surging imports.As of Wednesday, 27 arriving container ships stood anchored off the twin ports complex waiting for berths to clear at terminals piled
Amazon seller Bernie Thompson shifted half of his production out of China to reduce his business risks and still found himself in the crosshairs of logistical chaos besetting the movement of goods around the globe.A surge in demand for furniture, exercise equipment and other goods for shoppers sheltering at home in a worsening COVID-19 pandemic has upended normal trade flows.
Incoming cargo to the Port of Los Angeles is surging as businesses restock depleted inventories and retailers prepare for an early holiday season, the executive director for the nation's busiest seaport said on Wednesday.Workers unloaded 471,795 20-foot equivalent units (TEU) of imports in September, 17% more than the year earlier, marking the second month of robust import gains at the No.
Cashman Dredging and Marine Contracting Co., LLC said it has signed a design contract with IHC America Inc. for a new 6,500 cubic yard trailing suction hopper dredge (TSHD).The new vessel will join Cashman Dredging’s current fleet of specialized dredging equipment and will primarily service the coastal protection and navigation maintenance markets when it enters service in 2024, the company said.
Record cargo imports are causing delays that are rippling from the nation’s busiest U.S. port complex to other parts of the transportation network, port officials and other executives said.Total volume at the Port of Los Angeles hit 980,729 20-foot equivalent units (TEU) in October, up more than 27% versus the year earlier.
Port of Los Angeles container volumes hit an all-time high in August, as importers restocked warehouses and retailers prepared for the upcoming holiday season, but officials warned that uncontrolled spread of COVID-19 remains an economic threat."The future of the economy really depends on the future of the pandemic, and the path of the virus right now continues to be the biggest uncertainty
The U.S. Coast Guard’s newest national security cutter Stone (WMSL 758) completed builder’s sea trials in the Gulf of Mexico. The new ship, built by Huntington Ingalls Industries’ Ingalls Shipbuilding division in Pascagoula, Miss., spent three days testing propulsion and auxiliary equipment, as well as various shipboard systems, Ingalls announced Monday.