Container turnover of the largest US Pacific ports rose in January-April 2017

US Pacific portsThe container turnover of the largest US Pacific ports of Los Angeles and Long Beach in California amounted to 5.1 million TEU in January-April 2017, which is 7.9% more than the same period last year. The good result was supported by the strong start of the year, but also high growth in the last month after getting into force of the shipping alliances and reorganization of the container business. Since the beginning of the year, the container throughput of port of Los Angeles grew by 10% to 2.96 million TEU, while Port of Long Beach handled by 5.1% more to 2.14 million TEU.

In April 2017, the container turnover of the ports grew by 12.1% to 1.27 million TEU. The Port of Los Angeles increased container handling by 8.9%, to 714.76 thousand TEU, while Long Beach – by 16.5% to 558.01 thousand TEU. The total volume of transshipment of loaded containers increased by 10.2% in April to 934.17 thousand TEU and empty containers by 17.9% to 338.6 thousand TEU. The Port of Los Angeles handled 529.7 thousand TEU of loaded containers (+8.6%), Long Beach – 404.47 thousand TEU (+12.3%). The total volume of transshipment of loaded imported containers increased by 11.7% to 660.25 thousand TEU.

The South Korean shipping company Hyundai Merchant Marine (HMM) bought a 20% stake in terminals in the ports of Long Beach and Seattle. HMM will pay 15.6 million USD for the stake in Total Terminals International (TTI), the operator of the Pier T at the Long Beach port and Terminal 46 in Seattle. HMM plans to increase the transshipment volumes, due to the development of services from Asia to the United States in the framework of strategic cooperation with the 2M alliance, which came into force in early April.

The Port of Los Angeles is one of the largest US seaports on the Pacific coast. There are 27 cargo terminals on the territory, including for transshipment of bulk, liquid, container cargo and cars. As a result of 2016, the port’s container turnover amounted to 8.86 million TEU.

Port of Long Beach is located in the north-western part of the bay of San Pedro, borders the port of Los Angeles. Container turnover of the port in 2016 amounted to 6.8 million TEU.