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Fewer ships from China docking in Long Beach port due to trade war
The U.S.-China tariff Opens a New Window. spat has led to a reduction of ships coming in from China and a spike in other Asia countries, according to Mario Cordero, the executive director of the Port of Long Beach. “At least in the first six months of this year, there has been a change of 22% reduction from the China origin of the cargo,” he told FOX Business Cheryl Casone on “The Claman Countdown.” Officials at the port announced earlier this month that cargo volumes in July were down compared to the year before, seeing a 9.7% drop.
‘Faulty’ top loader kills dockworker in LA
A dockworker died on May 15 morning and another suffered severe injuries in an accident involving a top loader container handler at Pier 300 in the Port of Los Angeles. “My heart goes out to the families of the victims of this tragic accident and to all the brothers and sisters of the International Longshore and Warehouse Union,” said Port of Los Angeles executive director Gene Seroka. “It’s particularly tragic that this accident occurred on the day of the ILWU’s annual ‘First Blood’ event, which honours those who have lost their lives working on the waterfront.” Rachel Campbell, a spokeswoman for the Los Angeles Port Police, said the top loader was “faulty”. Investigations into the accident continue.
OOCL To Sell 100% Of Long Beach Container Terminal For US$ 1.78 Billion
Orient Overseas (International) Limited and Macquarie Infrastructure Partners (“MIP”) announced that OOIL’s wholly-owned subsidiaries, OOCL LLC and Long Beach Container Terminal, Inc., have entered into a Sale and Purchase Agreement to sell 100% of LBCT LLC to a consortium led by MIP, for US$1.78 billion. LBCT LLC operates the Long Beach Container Terminal (“LBCT”) in the Port of Long Beach, California, United States.News schreiben