Latest news from Heavy Lift & Project Forwarding International Magazine

Seattle and Tacoma form alliance

October 8 - The US ports of Seattle and Tacoma plan to unify the management of the two gateway's marine cargo terminals and related functions under a single Seaport Alliance.

The Seaport Alliance will manage marine cargo terminal investments and operations, planning and marketing, while the individual port commissions will retain their existing governance structures and ownership of assets.

"The ports of Seattle and Tacoma face fierce competition from ports throughout North America, as shipping lines form alliances, share space on ever-larger vessels and call at consolidated terminals at fewer ports," said Port of Tacoma commission president, Clare Petrich. "Working together, we can better focus on financially sustainable business models that support customer success and ensure our ability to reinvest in terminal assets and infrastructure."

"Where we were once rivals, we now intend to be partners," said Stephanie Bowman, co-president of the Port of Seattle commission.

The Seaport Alliance is the outgrowth of talks held under the sanction and guidance of the Federal Maritime Commission (FMC). Subject to further FMC review and approval, the two port commissions will enter into an Interlocal Agreement (ILA).

Following a period of due diligence to examine business objectives, the two port commissions intend to submit a more detailed agreement for the Seaport Alliance to the FMC by the end of March 2015.

During the due diligence period, John Wolfe, Port of Tacoma ceo, and Kurt Beckett, Port of Seattle deputy ceo, will co-lead the planning work and coordinate with both port commissions.

The two commissions expect to formally adopt and move to submit the ILA to the FMC at a joint public meeting on October 14.

 

Port of Tacoma.

 

www.portoftacoma.com

www.portseattle.org

Heavy Lift | News

Ceva launches BRI block train thumbnail image

Ceva launches BRI block train

April 22 - Ceva Logistics North Asia has launched a block train service from China to Europe as the company looks to tap into the potential of the Belt and Road Initiative (BRI).
Views: 61
Crowley promotes Sandra Goranovic thumbnail image

Crowley promotes Sandra Goranovic

April 22 - Crowley Maritime has appointed Sandra Goranovic as vice president of finance and accounting for the Crowley Shipping business unit.
Views: 62
Penman joins Malin React thumbnail image

Penman joins Malin React

April 22 - Malin Group has named Graham Penman as business unit manager of its recently launched Malin React division.
Views: 182
Big Bend Channel expanded thumbnail image

Big Bend Channel expanded

April 22 - Port Tampa Bay in Florida has completed the USD63 million expansion of the Big Bend Channel, one year ahead of schedule.
Views: 105

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.