New Orleans Sees Most Containers in One Year

first_imgzoom The Port of New Orleans’ Napoleon Avenue Container Terminal handled 490,526 TEUs in 2014, an 8.8% increase compared to 2013, and a new record for the U.S. port.The port says that the increase is due to the addition of new shipping services and an uptick in the national economy.The port welcomed a new weekly European service from French container carrier CMA CGM February 2 with the arrival of the CMA CGM Jamaica.In addition, Chiquita Brands International, along with their sailing partner Mediterranean Shipping Company, began weekly service to the Port in October, after relocating its shipping operations to New Orleans after a 40-year hiatus.New Orleans Terminal and Ports America jointly operate the container terminal – with New Orleans Terminal handling the new Chiquita cargo and Ports America handling the CMA CGM service.“Strong export markets, primarily for chemical and agriculture products, together with new inbound customers such as Chiquita contributed to record container volumes,” said Port President and CEO Gary LaGrange. “New services in 2015, such as the recently announced CMA CGM weekly European service, and a full year of Chiquita cargo could translate into robust results again in 2015.”The new services join existing customers MSC, Hapag-Lloyd, Maersk, Seaboard Marine, CSAV, Zim, NYK, Orient Overseas Container Line, American President Line, Hyundai and MOL offering regular container services at the terminal. In an effort to attract new container services, the Port’s Board of Commissioners recently approved a new incentive dockage rate for a new service’s first 20 vessel calls.last_img read more

Owners of only nuclear power plant in Massachusetts plan shutdown by 2019

by The Associated Press Posted Oct 13, 2015 6:38 am MDT Last Updated Oct 13, 2015 at 7:20 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email BOSTON – The owners of the Pilgrim Nuclear Power Station in Plymouth have announced that they will close the plant by June 2019.Entergy Corp. said Tuesday it is closing the only nuclear power plant in Massachusetts because of “poor market conditions, reduced revenues and increased operational costs.”The decision comes about a month after federal inspectors said they would increase oversight of the plant in the wake of a shutdown during a winter storm. The plant needs millions of dollars in safety improvements.The plant was relicensed in 2012 for 20 years.The timing of the shutdown depends on several factors, including further discussion with ISO-New England, the operators of the regions’s power grid.Entergy Chairman and Chief Executive Officer Leo Denault said the decision to close Pilgrim was “incredibly difficult.” Owners of only nuclear power plant in Massachusetts plan shutdown by 2019, citing costs read more