The Port of Prince Rupert on Canada’s west coast is to receive investment of $200 million from Maher Terminals to expand capacity at its Fairview Container Terminal by approximately 60%.
Multinational cruise ship operator Carnival Corporation has announced plans to open its new $85 million port in the Dominican Republic by the end of this year.
South Korean container carrier Hanjin Shipping has terminated its service to the Port of Portland, following strikes and protest by longshore workers that have disrupted traffic at the port.
The Port of Greater Cincinnati Development Authority along with the Northern Kentucky Port Authority have formally re-designated the Port of Cincinnati to include a larger geographic area, including a 226.5 mile reach of the Ohio River and a 7-mile reach of the Licking River.
President Obama’s recent 2016 budget has set aside $478 billion for infrastructure plans over the next six years but has created uncertainty for some port projects in the U.S. that had expected greater backing.
Investment of $62.5 million has been approved by the U.S. Army Corps of Engineers in order to fast-track dredging work to deepen the Delaware River main channel and improve access to the Port of Wilmington for larger vessels.
Icelandic shipping firm Eimskip has increased the frequency of container shipments between Europe and the U.S. Port of Portland, based on expected growth in demand on Atlantic routes.
The Port of Montreal is set to receive a $132 million expansion thanks to investment from the Canadian federal government and the Montreal Port Authority (MPA).
An estimated $2 billion is expected to be invested in improvements to ports, terminals, shipping and waterway infrastructure in the Great Lakes region in the period from 2014 to 2018, according to research from maritime consultancy Martin Associates.
Danish shipping line Maersk may be knocked off the top spot for containerised US imports by rival Mediterranean Shipping Company (MSC) for the month of December, according to data from PIERS, a division of the JOC Group.