The Port of Redwood City recently posted record cargo numbers, reaching 2 million metric tons in the third quarter of its current fiscal year and generating $7.1 million in revenue. It is a 22 percent increase when compared to the same period last year, and nearly $900,000 more than the previous year’s financial performance of $6.2 million. “Following a record-breaking year in FY 2017-18, these results reinforce the Port’s significance supporting economic growth in Silicon Valley and the Bay Area,” said Lorianna Kastrop, Port Commission chair. “We anticipate strong results to continue through the rest of the fiscal year.” Vessel…

The Port of Seattle has whittled down the number of firms it could partner with on the development and management of a new cruise facility at the north end of Terminal 46 for the 2022 cruise season. The port recently announced the following teams: • Cruise Industry Leaders Group, a partnership between Royal Caribbean Cruise Ltd., MSC Cruises S.A., Carnival Corporation and SSA Marine, Inc., a subsidiary of Carrix, Inc. • Global Ports Holding Plc and Civil & Building North America, Inc. • Ports America and Jacobs Engineering Group “We are delighted about the prospect of partnering with each of…

Could bulk shipping operations return to the Port of Oakland for the first time in two decades? This week, port commissioners authorized talks to start with Vancouver-based Eagle Rock Aggregates on a potential 15-year lease for one berth on Outer Harbor. According to the port, the Canadian building materials shipper is looking for a vessel berth and 20 acres of adjacent land at the Port’s Outer Harbor Terminal for sand and gravel transport and distribution to construction sites in the Bay Area. “This is an opportunity for us to perhaps diversify our business,” said John Driscoll, the port’s Maritime Director.…

Matson, Inc. this week reported a net income of $12.5 million, or $0.29 per diluted share, and consolidated revenue of $532.4 million in its first quarter. "We are off to a solid start for the year with Ocean Transportation operating income coming in as expected with a number of positive and negative factors, and Logistics posting stronger-than-expected operating income,” said Chairman and Chief Executive Officer Matt Cox. “Within Ocean Transportation, we saw continued strong demand in our China service and steady performance in SSAT, but we also faced significant weather-related issues that primarily affected our Hawaii service. In our Logistics…

A 13-year-old cargo record had been broken last month at the Port of Long Beach. The port handled 628,121 TEUs shattering the 619,512 TEUs April 2016 record. It represents an increase of 1.6 percent compared to April 2018. Imports were up 1.8 percent to 317,883 TEUs compared to last year, while exports fell 12.7 percent to 123,804 TEUs. Empty containers jumped 13.5 percent to 186,435 TEUs. Port Executive Director Mario Cordero said the increase in empty containers reflect the lingering effects of imported cargo being rushed in during the fourth quarter of 2018 ahead of potential tariffs. “Ocean carriers have…

The Port of Los Angeles posted its busiest April in history, moving 736,466 TEUs last month, according to latest numbers released Thursday. This represents a 4.4 percent increase over April 2018 and 3 percent more than April 2017, which previously held the record with 714,755 TEUs. This is despite flat imports, which were at 360,745 TEUs, and a 5.6 percent drop in exports to 155,533 TEUs. Empty containers, which are shipped overseas to be replenished with goods, jumped 22.5 percent to 220,189 TEUs. Compared to 2018, port volumes are up 4.5 percent in the first four months of the year.…

The Port of Vancouver USA has secured $4.7 million in the 2019 state capital budget for the next phase of redevelopment at Terminal 1, the port announced earlier this month. The money will go toward designing and renovating Vancouver Landing, where the American Empress cruise ship docks are located, and designing and building the East Portal stormwater facility, where all the development’s runoff will be treated. “We are extremely appreciative of the support and leadership of our legislators,” said port CEO Julianna Marler. “I especially want to recognize Senators Annette Cleveland and David Frockt, and Representative Monica Stonier for their…