Posts Tagged “PhilaPort”
The Packer Avenue Marine Terminal in Philadelphia welcomed two super Post-Panamax container cranes from China that arrived recently.
The arrival marks another important milestone in the comprehensive modernization project underway at Packer Avenue, according to a news release.
The arrival highlights a key competitive advantage for shippers looking to improve time to market on the East Coast of the U.S.
PhilaPort has seen a 166 percent container growth in the past decade, and in 2018 handled a record 600,000 20-foot-equivalent units.
“Our terminal is currently under capacity, meaning we could handle rerouted surplus bound for nearby congested terminals immediately without blinking an eye,” David Whene, president of Greenwich Terminals, operator of the Packer Avenue Marine Terminal, said in the release.
“With ship productivity as high as 140 gross moves per hour, turn-times of under 40 minutes, and an abundance of available chassis, Packer Avenue offers carriers unparalleled efficiency in reaching the Mid-Atlantic region and beyond.”
With a $300 million public-private investment in the terminal, the release said Packer Avenue is a model of 21st century port operations.
According to the release, the upcoming completion of the Delaware River Deepening Project will provide a full 45-foot shipping channel through Philadelphia, allowing vessels as large as 14,500 TEUs to traverse into the port.
That deepening project is timed perfectly with the arrival of the new super Post-Panamax cranes, bringing the total operational cranes on the terminal to six (a seventh will arrive in August).
The gain in capacity will lead to improvements on the 40-minute turn times for containers coming in and out, according to the release.
“We have always known that PhilaPort’s market potential was significantly greater than reflected in past volumes,” PhilaPort CEO Jeff Theobald said.
“Now with our capital improvements nearing their completion, shippers should know that we have excess capacity and that we are open for new business.”
As the the port of Philadelphia’s $392 million Main Channel Deepening Project approaches completion, cargo volumes in the port are surging, according to PhilaPort.
In 2017 container cargoes grew by 19 percent, leading all ports on the Atlantic seaboard. The growth is especially significant since the port is busy implementing its $300 million capital improvement plan.
“We have a lot of exciting developments all occurring at the same time; record cargo growth, preparation for the deepened channel and the arrival of our new cranes,” said Jeff Theobald, executive director and chief executive officer of PhilaPort. “It’s all very good news and we want to make sure we support the surge in cargo with proper training and landside and infrastructure improvements.”
The first two of a total of four super post-Panamax cranes are due soon at the port’s Packer Avenue Marine Terminal. Ocean carriers are already supporting the growth by scheduling Ultra Large Container Vessels to call the port. Several 11,000 TEU vessels started calling PAMT in December and 12,200 TEU vessels are expected in the coming days. Recently the board of directors of the port of Philadelphia granted funds to the Pilots’ Association for the Bay and River Delaware to train for these new class of vessels 12,000–14,000 TEUs.
The long-anticipated completion of the Delaware River Main Channel Deepening Project from 40 to 45 feet is drawing to a close. In March, the port expects announcements on a phased approach, which will allow vessels to utilize increased arrival and departure draft depth.
|PhilaPort, the port of Philadelphia, is an independent agency of the Commonwealth of Pennsylvania charged with the management, maintenance, marketing and promotion of publicly-owned port facilities along the Delaware River in Philadelphia, as well as strategic planning throughout the port district. PhilaPort works with its terminal operators to modernize, expand and improve its facilities, and to market those facilities to prospect port users. Port cargoes and the activities they generate are responsible for thousands of direct and indirect jobs in the Philadelphia area and throughout Pennsylvania.|
PhilaPort announced the acquisition of a 29-acre parcel of land, locally known as the former Philadelphia Produce & Seafood Terminal, located at Third Street and Pattison Avenue. With this purchase PhilaPort now owns 1,016 acres of land.
This purchase from Philadelphia’s public-private economic development corporation, PIDC, will allow PhilaPort to develop warehousing to support the growth in container operations at Packer Avenue Marine Terminal.
“As we densify and increase container capacity at PAMT, we needed more land to grow,” Jeff Theobald, chief executive officer of PhilaPort, said in a press release. “This land, located less than a half mile from [Packer Avenue Marine Terminal], allows us to enact a major component in our plan. It enables us to relocate warehousing adjacent to our main container operations.”
PhilaPort has enacted an aggressive timetable to grow Port cargo volumes. This new land will play a critical role and directly augment the $300 million port development plan set by Pennsylvania Gov. Tom Wolf, the board and the CEO of PhilaPort.
“We are excited to support the continued expansion of PhilaPort with the sale of this strategic parcel,” John Grady, president of PIDC, added in the press release. “For more than 60 years, this site has played an important role in the movement of goods and services throughout the region, supporting business growth and thousands of family-sustaining jobs. With its strategic location, growing port, deep pool of skilled labor, and direct access to a large customer base in the northeast United States, Philadelphia is poised for even greater investment, development and job growth as a center for logistics, transportation, and distribution.”
The port is an economic engine in southeastern Pennsylvania; this purchase exemplifies the important role public and private warehousing plays in the Port achieving its full potential.
“The cooperation between the port, the city of Philadelphia and PIDC has been outstanding,” Deputy Mayor Richard Lazer said in the press release. “Mayor Kenney has placed a high priority on moving the port forward. In the weeks and months ahead, the city of Philadelphia will continue to move in lockstep with Governor Wolf’s goal of generating family sustaining jobs.”