National Port News and Trends

The Lunar New Year’s Impact on the Global Supply Chain

February 18, 2021 –PortBreakingWaves.com

The Lunar New Year, which began this year on February 12, marks a weeks-long holiday that brings together millions from across Asia. While workers take leave to reunite with their families to celebrate the new year, global commerce braces for a disruption of the supply chain worldwide, from ports to shippers and other business stakeholders.This holiday is significant because many U.S. businesses are directly linked to Asian factory production, with most coming from China. During the holiday, production in Asian factories slows and ocean-going cargo volumes drop. The coronavirus pandemic further amplified the effect on production and cargo last year. At the start of 2020, factories in China and throughout Asia closed for the Lunar New Year but the emerging pandemic then forced millions to stay home, nearly bringing production to a standstill.

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Port of New York and New Jersey Ends 2020 with Record-Highs in Volume

February 16,2021 — PortBreakingWaves.com

The tumultuous changes in cargo volume from the COVID-19 pandemic ended with a flourish as the Port of New York and New Jersey recovered their first-half losses to end 2020 with a new container record of 7,585,819 20-foot equivalent units (TEUs), an increase of 1.5 percent from 2019. The pandemic led to vessel-call cancellations, sharp declines in factory production, and restrictions on nonessential business worldwide during the spring and summer of 2020. These actions spurred double-digit declines in imports at the port, resulting in losses of as much as 21.9 percent compared to the same period of 2019.

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Port of San Diego to Support the Implementation of Zero-Emission Technologies

February 15,2021 — PortTechnology.com

The Port of San Diego will support the implementation of zero-emission technologies as part of an expansion of its Maritime Clean Air Strategy (MCAS). In a statement, the Port unveiled a series of initiatives to cut emissions and said the plans are in addition to its previous efforts to cut emissions and make maritime operations cleaner. It said it will identify and prioritise projects to further improve air quality and support tenants and terminal operators to transition to zero and near-zero emission technology.

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