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Released July 15, 2015 | SUGAR LAND
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Researched by Industrial Info Resources (Sugar Land, Texas)--Amid efforts by the Federal Maritime Commission (FMC) to address growing concerns of congestion in U.S. ports, particularly those on the West Coast, Industrial Info is tracking 45 U.S. marine cargo-handling projects worth $2.73 billion that are slated for kickoff in the second half of this year. Fourteen of those projects, with a total investment value of $1.58 billion, are still in the planning stages, where plenty of factors could alter their scope our outcome.
The FMC regulates ocean carriers, marine terminal operators and port authorities. Commissioners have made multiple speeches recently regarding growing port congestion, particularly in light of the months-long labor dispute that slowed West Coast port operations through the first quarter of this year. Commissioners have said port congestion was a growing problem long before the labor disputes arose.
Also, port congestion is not limited to the West Coast, according to FMC Chairman Mario Cordero. "Furthermore, congestion also occurs inland at intermodal sites--a key component to an efficient supply chain," Cordero told the Finished Vehicle Logistics North America Conference last month at Newport Beach, California. He added the commission "is keenly aware that that the infrastructure component is important; that in order to move cargo off the docks and onto their destinations quickly and efficiently, the first mile is key."
FMC Commissioner William Doyle also addressed the issue when he spoke in June to the Association for Transportation Law Professionals in Boston, Massachusetts. He outlined several factors that contribute to congestion, including inadequate transportation infrastructure; the inability of marine terminals to handle cargo surges generated by today's big ships; intermodal equipment dislocations; unavailability of berths when ships arrive at ports; consolidation of terminals and rail service delays, among other things.
In March, Cordero told the 2015 Legal Ports Conference in Long Beach, California, that congestion will be an ongoing issue for years until there is a greater investment in long-term infrastructure, according to the Long Beach Press Telegram.
Industrial Info is tracking the second phase of the Port of Long Beach's Middle Harbor Redevelopment Program, which has a total investment value of $504 million. The project is a continuation of the first phase of the rehab program, which included the consolidation of two terminals into one massive, 342-acre terminal. The second phase includes reconstruction of the container yard to allow for rail-mounted gantry cranes; filling in the east basin to create new land connecting two piers; and expansion of the on-dock rail yard from 10,000 to 66,000 linear feet. Construction kickoff would occur at end of the third quarter, with completion in fourth-quarter 2019.
The Port of Long Beach says that with its deep-water facilities, it is one of only a handful of North American ports that can handle the larger cargo vessels that now ply the oceans, some of which have a capacity of 14,000 twenty-foot equivalent units (TEUs) and can be up to four football fields long.
On the East Coast, the $133 million Greenville Yard redevelopment float system replacement project in Newark, New Jersey, has a total investment value of $133 million. Part of a $356 million redevelopment program by the Port Authority of New York and New Jersey, the project includes the removal and replacement of much of the rail infrastructure system at the Greenville yard. Kickoff is set for the third quarter, with completion in third-quarter 2017.
On the Gulf Coast, a massive international transfer terminal is in the early planning stage at the mouth of the Mississippi River. To be located near the town of Venice, Louisiana, the $1.3 billion deep-water terminal would handle cargo containers that have moved through the expanded Panama Canal, as well as those from other parts of the Atlantic Ocean and South America.
The project by the Louisiana International Gulf Transfer Terminal Authority (LIGTT) is in the preliminary design phase. According to LIGTT, the terminal will "serve as a catalyst for the emergence of an alternative North-South shipping route. Beyond serving as a hub for ports along the coast of the Gulf of Mexico, the proposed transfer terminal could enable a new, all water gateway to the United States for containerized cargo through access to the hinterlands of the Midwestern United States." The transfer terminal will serve larger container ships that are currently unable to call at Gulf of Mexico ports, according to LIGTT.
The terminal would expand U.S. shipping capacity by more than 2 million TEUs annually--with the goal of ultimately expanding capacity up to 3.5 million TEUs annually. The planned facility involves construction of deep water (75-foot) container wharves with berths for 9,000-to-12,000-TEU vessels. Construction kickoff is tentatively planned for the fourth quarter, with completion in second-quarter 2019.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
The FMC regulates ocean carriers, marine terminal operators and port authorities. Commissioners have made multiple speeches recently regarding growing port congestion, particularly in light of the months-long labor dispute that slowed West Coast port operations through the first quarter of this year. Commissioners have said port congestion was a growing problem long before the labor disputes arose.
Also, port congestion is not limited to the West Coast, according to FMC Chairman Mario Cordero. "Furthermore, congestion also occurs inland at intermodal sites--a key component to an efficient supply chain," Cordero told the Finished Vehicle Logistics North America Conference last month at Newport Beach, California. He added the commission "is keenly aware that that the infrastructure component is important; that in order to move cargo off the docks and onto their destinations quickly and efficiently, the first mile is key."
FMC Commissioner William Doyle also addressed the issue when he spoke in June to the Association for Transportation Law Professionals in Boston, Massachusetts. He outlined several factors that contribute to congestion, including inadequate transportation infrastructure; the inability of marine terminals to handle cargo surges generated by today's big ships; intermodal equipment dislocations; unavailability of berths when ships arrive at ports; consolidation of terminals and rail service delays, among other things.
In March, Cordero told the 2015 Legal Ports Conference in Long Beach, California, that congestion will be an ongoing issue for years until there is a greater investment in long-term infrastructure, according to the Long Beach Press Telegram.
Industrial Info is tracking the second phase of the Port of Long Beach's Middle Harbor Redevelopment Program, which has a total investment value of $504 million. The project is a continuation of the first phase of the rehab program, which included the consolidation of two terminals into one massive, 342-acre terminal. The second phase includes reconstruction of the container yard to allow for rail-mounted gantry cranes; filling in the east basin to create new land connecting two piers; and expansion of the on-dock rail yard from 10,000 to 66,000 linear feet. Construction kickoff would occur at end of the third quarter, with completion in fourth-quarter 2019.
The Port of Long Beach says that with its deep-water facilities, it is one of only a handful of North American ports that can handle the larger cargo vessels that now ply the oceans, some of which have a capacity of 14,000 twenty-foot equivalent units (TEUs) and can be up to four football fields long.
On the East Coast, the $133 million Greenville Yard redevelopment float system replacement project in Newark, New Jersey, has a total investment value of $133 million. Part of a $356 million redevelopment program by the Port Authority of New York and New Jersey, the project includes the removal and replacement of much of the rail infrastructure system at the Greenville yard. Kickoff is set for the third quarter, with completion in third-quarter 2017.
On the Gulf Coast, a massive international transfer terminal is in the early planning stage at the mouth of the Mississippi River. To be located near the town of Venice, Louisiana, the $1.3 billion deep-water terminal would handle cargo containers that have moved through the expanded Panama Canal, as well as those from other parts of the Atlantic Ocean and South America.
The project by the Louisiana International Gulf Transfer Terminal Authority (LIGTT) is in the preliminary design phase. According to LIGTT, the terminal will "serve as a catalyst for the emergence of an alternative North-South shipping route. Beyond serving as a hub for ports along the coast of the Gulf of Mexico, the proposed transfer terminal could enable a new, all water gateway to the United States for containerized cargo through access to the hinterlands of the Midwestern United States." The transfer terminal will serve larger container ships that are currently unable to call at Gulf of Mexico ports, according to LIGTT.
The terminal would expand U.S. shipping capacity by more than 2 million TEUs annually--with the goal of ultimately expanding capacity up to 3.5 million TEUs annually. The planned facility involves construction of deep water (75-foot) container wharves with berths for 9,000-to-12,000-TEU vessels. Construction kickoff is tentatively planned for the fourth quarter, with completion in second-quarter 2019.
Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities.
