Wednesday, February 1, 2017

US port deepening fight intensifies on funding worries "Ports that aren’t able to allow ocean carriers to bring in larger ships risk being kept off service loops that favor ports than can. Carriers are bringing larger ships to call the East Coast after the expanded Panama Canal locks opened in June, but they have held off on deploying more large ships because only one marine terminal at the Port of New York and New Jersey can handle them. When raising the Bayonne Bridge is completed in late 2017, carriers will have more of an incentive to deploy larger ships, since all marine terminals at the largest East Coast port will be able to handle them. The ports of Miami, Baltimore, and Virginia can handle ships loaded up to 14,000 TEUs since their harbor depths are at least 50 feet."