August 6, 2018/
Someday we’re going to report on a year where the Port of Virginia isn’t breaking records. We’ll discuss what ways we can deploy to reinvigorate our ocean cargo and reminisce on the glory days when we were posting almost...
Someday we’re going to report on a year where the Port of Virginia isn’t breaking records. We’ll discuss what ways we can deploy to reinvigorate our ocean cargo and reminisce on the glory days when we were posting almost...
Your friends are encouraging you to go ahead and do it. The product is selling well here, why not expand your business and sell overseas. You have the extra inventory. You think to yourself, “What do I have to lose?” There...
Once the $6.3bn agreement to buy OOCL is approved, Cosco will become the third largest container line in the world. The agreement, announced July 9th, is the latest in a string of consolidations that will see 75% of all...
In another successful month, the Port of Virginia shows a 9% increase over March 2016 in container volumes for March 2017 as they moved 232,148 TEUs in preparation for the arrival of the COSCO Development – a 13,000 TEU...
According to an article in the Wall Street Journal, the US Justice Department raid on the Box Club meeting in late March was due to suspected collusion against tug boat operators by global shipping alliances. The increased attention on...
In a combined effort to encourage cooperation, communication, and efficiency in regards to operations, safety and customer service, Georgia Ports Authority and the Virginia Port Authority filed a request with the Federal Maritime Commission to create the East Coast...
As four of the largest vessel sharing alliances consolidate to become three even more powerful alliances to cut costs and increase leverage, the impact on ports and marine terminals could be enormous. The three major players in these alliances...
Cosco Shipping became the first neo-panamax vessel to traverse the newly expanded Panama Canal when Cosco Shipping Panama was pulled by tugboats through the new locks at Agua Clara. They’ve also received the dubious honor of having the first...
Though total container volume for March has fallen 7.2%, the Port of Virginia states this is the second best March total on record with 120,519 TEUs. The fall is attributed to an outstanding March of 2015 where inclement weather...
The state of Virginia has approved a $350 million state-backed bond deal to the Norfolk International Terminal. Pending signature of Governor McAuliffe, the bill’s primary supporter, the money looks to expand the facility after 2015 traffic congested the port...
