THE Philadelphia Regional Port Authority (PRPA) has posted a 16.7 per cent year-on-year container volume increase in 2014 to 449,122 TEU as well as a 16.6 per cent rise in overall cargo throughput to 5,950,319 tons, marking a fifth straight year of double digit growth.
In October, the State of Pennsylvania created the Intermodal Cargo Growth Incentive Programme that commits up to US$1 million a year for five years to encourage ocean carriers to move more cargo through Philadelphia by awarding US$25 per container lift above previously reported lift totals.
The scheme is to ensure that Mediterranean Shipping Co (MSC) continues to call. While the strings of ships operated by MSC and Maersk's 2M alliance do not call Philadelphia, MSC has said it will continue to call from North Europe to Philadelphia and Boston.
The Port of Philadelphia posted a 14.4 per cent increase in break bulk cargo to 1,382,861 tonnes. Steel was up 49.5 per cent to 394,717 tonnes, and forest products were up 28.2 per cent to 614,843 tonnes.
The port said while the amount of fruit and cocoa beans it handled as breakbulk cargo fell, because more of it was containerised, reported American Shipper.
"These cargoes aren't genuinely down at all, only that a portion of them are shifting to containers," the port said.
The port handled 150,637 automobiles (Hyundai and Kia vehicles), 16.6 per cent more than the 129,239 in 2013, and 1,437,664 tons of liquid bulk products last year, up 13.4 per cent year on year.
The port's $350 million dredging of the Delaware River channel from 40 to 45 feet is close to 70 per cent complete, with the latest rounds of bids to deepen the remaining areas now being evaluated.
PORTS
04 February 2015 - 22:47
Philadelphia up 16.7pc to 449,122 TEU, dredging 70pc done in 2014
THE Philadelphia Regional Port Authority (PRPA) has posted a 16.7 per cent year-on-year container volume increase in 2014 to 449,122 TEU as well as a 16.6 per cent rise in overall cargo throughput to 5,950,319 tons, marking a fifth straight year of double digit growth.
PORTS
04 February 2015 - 22:47
Philadelphia up 16.7pc to 449,122 TEU, dredging 70pc done in 2014
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