17-12-2016

LA port up 23.6pc to 877,564 TEU - Long Beach down 13pc to 534,308 TEU

LA

NOVEMBER container volume at the Port of Long Beach fell 13 per cent year on year to 534,308 TEU while the rival Port of Los Angeles increased throughput 23.6 per cent to 877,564 TEU, breaking all-time records for ports in the Western Hemisphere for a second straight month.

November LA imports were up 21.9 per cent hitting 437,050 TEU while exports totalled 177,359 TEU, up 24.9 per cent. Empties surged 25.6 per cent to 263,154 TEU year on year.

November Long Beach imports fell 11.8 per cent to 270,610 TEU while exports dropped 3.1 per cent to 120,897 TEU, with empties falling 24.2 per cent to 148,801 TEU.

Long Beach blamed merging ocean carriers in new alliances and the realignment of routes. The port was also badly hit by insolvency of South Korean ocean carrier Hanjin Shipping, which filed for bankruptcy in August.

Hanjin represented 12.3 per cent of the port's container cargo and held a 54 per cent stake in Total Terminals International (TTI), the operator of Pier T.

Los Angeles is served by 24 liner services, 23 of which operate with fully cellular containerships. The 2M Alliance's AE6/TP6/Lion/Pearl has the largest average vessel capacity of all loops calling the port at 13,207 TEU.

Long Beach is served by 18 liner services, 14 of which deploy cellular containerships. The transpacific CEN/CALCO-Q, which Cosco supplies vessels for, has the largest average vessel capacity of services calling the port at 12,653 TEU.

Meanwhile, the Port of Oakland's November volume was up 2.3 per cent, handling 196,981 TEU.

Source: Schednet

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