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Chinese liner giant China Shipping Container Lines pointed to the cost and environmental benefits of ultra-large large containerships as the primary reasons for the new order.
Neptune Orient Lines, parent of ocean liner APL, attributed the poor financial results primarily to weak peak season shipment volumes to North America and Europe, which resulted in lower freight rates for container carriers.
The Northern California port and industrial and logistics real estate developer CenterPoint Properties have begun discussing plans to develop transload and cross-dock facilities on a 20 acre site adjacent to a new rail yard at the Port of Oakland.
With world leaders convening in Paris for global talks on how to slow climate change, the shipping industry says it is doing its part and ocean carriers say more efforts are underway to lower carbon dioxide output from vessels.
Jamaica will use SOGET's port community system to provide a single platform for submission of key logistics and compliance data as the country looks to grow its container volumes after the completion of the Panama Canal expansion.
While some containers will flow to Portland, others will be loaded on trains in Boardman, Oregon for shipment through Seattle and Tacoma.