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The Catalina Islander
Avalon, California
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January 13, 2017     The Catalina Islander
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January 13, 2017
 

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Despite challen Lon Good year for port despite bankruptcy of a major customer FORTHEISLANDER .Slowed by industry headwinds" and challenges that included a major customer declaring bank- ruptcy, the Port of Long Beach still moved almost 6.8 million containers in 2016, its fifth best year ever. Overall cargo declined 5.8 percent in 2016 compared to 2015, as the Port was impacted by new ocean carrier alliances and the August bankruptcy of Hanjin Shipping, a South Korean company and former majority stakeholder at the 381-acre Pier T container terminal -- Long Beach's largest. By year's end, the Harbor Commission had approved an agreement for a subsidiary of Mediterranean Shipping Co.. one of the world's largest container ship operators, to take sole con- trol of the long-term lease at Pier T. "As the new year starts, we're grateful to be able to put the Hanjin bankruptcy behind us." said Port of Long Beach Interim Chief Executive Duane Kenagy. "At the same time, MSC's quick interest in Pier T once it became available shows the facility's value to the industry. We're look- ing forward to a mutually ben- eficial partnership with MSC and the 2M Alliance." "Last year was turbulent, with numerous ocean carrier mergers and other changes," said Harbor Commission President Lori Ann Guzm~in. "Now we have one of the largest ocean carriers in the , world as a major partner and we're well positioned to rebound in 2017. While the industry strives for equilibrium, Long Beach will continue be a reliable port of entry and continue to provide the fastest, most efficient services for trade from the Far East." Cargo was 8 percent lower in December compared to the same month in 2015. Imports decreased 8.2 percent to 271,599 twenty-foot equivalent units, or TEUs. Exports fell 2.5 percent to 122,933 TEUs, while empties declined 11.4 percent to 154,397 TEUs. A total of 6,775,171 TEUs moved through docks in 2016. Imports totaled 3,442,575 TEUs, down 5 percent, and exports were up 0.3 percent to 1,529,497. Empty containers were down 11.7 percent to 1,803,098. The year started on a high note in Long Beach, with shipments rising in early 2016 compared to the same period in 2015. Later in 2016. shifting ser- vice routes under the new alli- ances and the Hanjin bankruptcy contributed to a slide in cargo figures. The Port of Long Beach is one of the world's premier seaports, a gateway for trans-Pacific trade and a trailblazer in goods move- ment and environmental stew- ardship. With 175 shipping lines connecting Long Beach to 217 seaports, the Port handles $180 billion in trade annually, sup- porting hundreds of thousands of Southern California jobs. Guy and Cheryl Liford of Mission Viejo, CA visited Catalina Island for a week over New Year's Eve. They stayed at 101 Pebbly B~ch Read and this photo was taken from their lanai by son Guy Williamson, who works on the Catalina Flyer. They had just received their Islander in the mail and grabbed it to read on the boat s~it was the perfect prop for their vacation photo l They celebrated their 14th wedding anniversary at the Gala Casino Ballroom New Year's Eve Ball. They were married on New Year's Eve 2002 on the Big Is and of Hawaii and thoroughly enjoyed this anniversary on the somewhat smaller island-of Catalina. They took many scenic tours, ate at virtually every great restaurant, wsited island friends, and drank a great ~at of wine and champagne to help with the drought conditions. Remember to take a copy of the Cataiina Islander with you on your next trip or vacation. Take a photo and tell us about your trip. Send the submission by e-mail to editor@thecatalinaislander.com. .