Freight trade is ramping up considerably in the run-up to the U.S. presidential election amid fears over rising protectionism in the world's biggest economy, the head of German logistics company HHLA said in a media interview published on Wednesday.'The risk that a new U.S. administration will also tighten its economic protectionism with further tariff restrictions has triggered a major pull effect…
GAO-25-106953, published today, says, 'Additional Efforts Needed to Assess the Effectiveness of DHS's Approach.'Fast FactsThe U.S. economy depends on the efficient flow of millions of tons of cargo each day throughout the global supply chain…
Egypt is expected to receive a $1.2 billion disbursement from the International Monetary Fund this month as part of an $8 billion program with the international lender, Finance Minister Ahmed Kouchouk said on Sunday.Last month, the IMF said…
House Committee on Oversight and Accountability has released an interim staff memorandum providing an update on the Committee’s ongoing investigation into the United States Coast Guard (USCG) following allegations of pervasive sexual assault and misconduct…
HII’s Ingalls Shipbuilding division and the U.S. Department of Labor’s Job Corps program, partnered to host a two-day recruiting event to offer students a direct career path to a job in the shipbuilding industry. The event attracted over 120…
From decarbonization to geopolitical conflicts, German shipowners have a seat front and center to the prevailing trends driving global shipping. For insight and perspective, Martin Kröger, CEO, German Shipowners Association (VDR), joined Maritime…
Mazda Motor will probably have to temporarily move shipments to another port from Baltimore to avoid delays, the automaker's CEO said in a CNBC interview.The Port of Baltimore ranks first in the U.S. for volume of autos and light trucks and…
The U.S. Department of Transportation’s Maritime Administration (MARAD) and the American Association of Port Authorities (AAPA) announced they are surveying port authorities and marine terminal operators to identify national port cargo handling needs over the next five to 10 years…
U.S. officials have begun informal talks to prepare for new negotiations on the North American Free Trade Agreement (NAFTA), David Cohen, the country's ambassador to Canada, told CBC News in an interview published Saturday.'On the U.S. side…
The Dutra Group, based in San Rafael, Calif., has been awarded a contract to perform maintenance dredging in Brooklyn, N.Y.The $9,639,000 firm-fixed-price contract was awarded by the U.S. Army Corps of Engineers New York District. Dutra was one of four bidders for the project…
San Rafael, Calif. based dredging and marine construction contractor The Dutra Group was awarded a $67,478,100 dredging contract from the U.S. Army Corps of Engineers.Under the firm-fixed-price award, Dutra will perform dredging by hopper or…
As Patrick Ryan assumes the top tech exec spot at ABS, Maritime Reporter TV interviewed him on the eve of the announcement. While shipowners face multiple technology challenges ahead, Ryan said a top priority is the bridging of technology from the fundamental phase into operational solutions…
Brazilian port operator CLI concluded the payment of 1.4 billion reais ($263.43 million) on Monday to railway company Rumo SA for control of a grain terminal in Santos port, the company said.The deal is being funded by the acquisition of a 50% stake in CLI…
WISTA International (Women's International Shipping and Trading Association) elected their new President, Elpi Petraki, from WISTA Hellas, at its Annual General Meeting on October 26, in Geneva, Switzerland. WISTA International consists of 56…
Peter Sand, the chief analyst of Xeneta discuss recent trends in the container shipping market, from plunging spot rates to blank sailings.The container shipping market has enjoyed a prolonged historic, and somewhat unexpected bull run, as COVID…
