Oversupply in the Americas

Even though short-lived, the ILA port strike is expected to result in a capacity decline of 10-17% for Asia exporters.

Panama needs more container terminal capacity, says the General Director at the Panama Maritime Authority.

Speaking at the opening session of the TOC Americas conference and exhibition in Panama this week Carlos Merino, CEO of DP World in Peru and Ecuador gave some insights into how the company’s strategy to become a global trade enabler is unfolding in the Americas.

The trimodal hub, located in the Yvelines Département around 60 kms from central Paris, is aimed at serving the construction and civil engineering sectors in the Greater Paris/Seine Valley region in a cost-effective and environment-friendly manner

Works to provide direct access for barges to the Port 2000 berths in Le Havre are due for completion in 2026 and the immediate aim is to double container barge traffic on the Seine between HAROPA Le Havre and the Paris river terminals

The Port of Long Beach will receive US$283M from the federal government to assist in building what it calls “America’s Green Gateway”