Port Houston has handled 3.43M TEUs through October 2024—a 7% increase year-over-year—despite a 15% dip in October’s numbers. Industry experts view this as a temporary slowdown, with factors like labor contract expirations and early Chinese New Year shutdowns expected to drive activity in the coming months. Key highlights: - Year-to-date growth: Loaded container volumes are up 6%, driven by demand for resins and minerals. - General cargo shifts: Steel imports fell 25% in October, mirroring a decline in Texas rig activity, but gains in wind power equipment and fiberboard offset the drop. - Investments: New cranes at Barbours Cut Terminal and ongoing Bayport expansion reflect long-term strategic planning. Port Houston’s new Strategic Plan emphasizes adaptability, infrastructure growth, and global competitiveness, ensuring it remains a cornerstone of international trade.
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Port Houston’s strong start in 2024 (13% up YTD vs. 2023) is not surprising given Houston’s U.S. rank as #1 export city. In this article, the GHP describes how “Houston Continues to Grow as a World-Class Manufacturing Powerhouse”
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📈📦 Container transshipment in the Azov-Black Sea basin remains at a stable level. According to the Marine Center-TEK, in October, the terminals of the port of Novorossiysk, the only port in the basin with significant volumes of container transshipment, processed 80.3 thousand TEU, which is 1% less than last year. 🔄🔍 Since May, volumes have remained within 80 thousand TEU, with the exception of the traditional decline in August. There is a multidirectional dynamics in the work of stevedores, repeating last year's trends. In October, the volumes of the Delo Group NUTEP terminal began to recover after the spring decline season. The turnover of the NLE terminal remains fairly stable, ranging from 30 to 40 thousand TEU since March last year. 🚢📊 Container transshipment in the Azov-Black Sea basin remains at a stable level. According to the Marine Center-TEK, in October, the terminals of the port of Novorossiysk, the only port in the basin with significant volumes of container transshipment, processed 80.3 thousand TEU, which is 1% less than last year. 📉📅 Since May, volumes have remained within 80 thousand TEU, with the exception of the traditional decline in August. There is a multidirectional dynamics in the work of stevedores, repeating last year's trends. In October, the volumes of the Delo Group NUTEP terminal began to recover after the spring decline season. The turnover of the NLE terminal remains fairly stable, ranging from 30 to 40 thousand TEU since March last year.
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Good morning! Experiencing NPT waiting on sand? PO’s giving issues at the mine at 3a? Facilities going down and your current provider can’t get allocation at another mine? We’ve all seen it and been there, done that. Velox; in Latin, means Rapid. Our promise and goal as an allocation and logistics solution means zero npt associated with any of the above. We have preferred mine allocation at several major facilities in both the Permian and Eagleford and with our carrier partnerships, you will have trucks when you need them. Leveraging our combined 50+ years of experience with the networks and vendor relationships we’ve built; I’m a phone call away if you’re already running and getting into a bind or would like to discuss a logistics program for an upcoming completions project. If your client already has allocation handled, we can also discuss logistics alone. Tired of pumping and paying for 800 gallons of FR per stage that just doesn’t work? Under our name, we also carry the best fresh and produced water FR on the market. (361)445-8746 Adam.Wedge@Veloxservices.com
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Great commentary here on the possible scenarios for the huge China copper activity. Devil is in the details
This chart is what annoys me the most about the long Copper bet! New construction activity is more than halved in China and this was the singlest largest Copper consumption engine on earth! More -> https://lnkd.in/d-D4ggjz
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This chart is what annoys me the most about the long Copper bet! New construction activity is more than halved in China and this was the singlest largest Copper consumption engine on earth! More -> https://lnkd.in/d-D4ggjz
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The Greater Houston Port Bureau’s president, Eric M. Carrero, USCG CAPT, Ret spoke today at the Houston Chemical Association - A 501(c)(3) Organization today. The greater Houston port region is more than just a port. The Houston Ship Channel (HSC) is a major regional employer and economic engine that serves a vibrant and growing variety of businesses and communities with a workforce of more than 1 million people and brings over $430 billion to the Texas economy. It is a key gateway for energy products, both domestically and abroad, connecting the nation’s largest petrochemical complex to the rest of the globe. HSC ranks first nationally in waterborne petrochemical tonnage, is a hub for hydrocarbon-based plastic shipments, and is the world’s largest exporter of propane, providing fuel to one-third of the global population that does not have access to clean sources of energy for heating and cooking. The Port of Houston also ranks #5 for container traffic, and the Galveston ranks as #4 cruise ship terminal in the U.S. #maritime #chemical #petrochemical #manufacturing #containers #cruiseship #terminals Andrea S. LaVorgna, MBA Galveston Wharves at Port of Galveston#myportisbetterthanyours #HoustonShipChannel #energy #plastics #propane
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There is a saying that "no one rings a bell at the top or bottom of the market". For #copper over the past 6 months however, the bells have been rung louder and louder. Todays news of a potential takeover of Anglo American by BHP was a ring loud enough to be heard around the world, is a huge step change for the copper market. The copper concentrate market is tight, significant discoveries are in challenging locations, demand is growing strongly, and ethical sourcing is increasingly important. We are working hard to do our bit in T2 Metals Corporation (TSXV: TWO) with a strong copper-dominant asset portfolio. Our Sherridon project in Manitoba has historic resources in an infrastructure rich brownfields location, with potential to be a medium term producer. https://lnkd.in/dfjYcQh4 Jamil Sader Bengt Anders Hogrelius P.G. RPGeo SME-RM Amanda Dahl, PMP, ACP #EV Manitoba Prospectors and Developers Association (MPDA)
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Inside the TSF ( Tailings Storage Facility) in one of the mines in Cabo Delgado
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In Q1 2024, Ukraine saw a 16% increase in limestone supplies by rail, reaching 572 thousand tons, highlighting growth in demand from sectors like steelmaking. A sign of resilience and potential expansion for the industries involved. #gmkcenter #ukraine #limestone #steelmaking
Limestone supplies by rail increased by 16% y/y in Q1 — News — GMK Center
gmk.center
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Our free September 2024 Market Report is now available! This report provides an overview of vessel values, supply and demand, demolition activity and more. Download the full report below. #shipping #data #container #tanker #lng #bulker #VesselsValue #September2024
Market report subscription - VesselsValue
https://www.vesselsvalue.com
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