Ports – Page 27 – Professional Mariner

26 May

Middle East ports top performance index; US lags

Rich MillerMaritime NewsPorts, shipping

(NEW YORK) — Ports in the Middle East took four of the top five spots in the second edition of the global Container Port Performance Index (CPPI) developed by the World Bank and S&P Global Market Intelligence. CPPI is a comparable index of global container port performance intended to serve as a reference point for key stakeholders in the global…

10 May

MarAd hits new high with port infrastructure grants

Rich MillerMaritime NewsPorts, shipping

(WASHINGTON) — The U.S. Department of Transportation’s Maritime Administration (MarAd) announced Monday that up to $684.3 million is now available for Port Infrastructure Development Program (PIDP) grants, to be awarded on a competitive basis to projects that improve the safety, efficiency and reliability of the movement of goods into, out of, around, or within a port. This marks the most…

24 Feb

MarAd nearly doubles funding for US port grants

Rich MillerMaritime NewsPorts

(WASHINGTON) — The U.S. Department of Transportation’s Maritime Administration (MarAd) on Wednesday announced nearly $450 million in newly available grant funding for port-related projects through the Port Infrastructure Development Program (PIDP) — by far the largest investment in the program ever. These grants can help ports expand capacity and improve the movement of goods through U.S. supply chains. This funding…

20 Jan

Port of Long Beach sets record with 9.38 million TEUs in 2021

Rich MillerMaritime NewsPorts

(LONG BEACH, Calif.) — The Port of Long Beach set a new record in 2021 by moving 9.38 million cargo containers as dockworkers and terminal operators worked to clear the docks amid an historic, pandemic-induced import surge. The port ended 2021 with 9.38 million twenty-foot equivalent units (TEUs) processed, a 15.7 percent increase from the previous record of more than…