Liberian-flagged containership MSC Kia Ora has been banned from Australian ports for three months after the operator failed to ensure crew were paid their wages in full and on time, and that critical equipment was maintained. The ban was issued by the Australian Maritime Safety Authority (AMSA)…
White House trade adviser Peter Navarro said on Monday that United States is in talks with China after Washington announced plans to impose tariffs on up to $60 billion of Chinese products. In an interview with CNBC, Navarro said Treasury Secretary Steven Mnuchin and U…
Greek shipping tycoon and the owner of Olympiakos Piraeus and Nottingham Forest soccer teams, Vangelis Marinakis, denied any links to drug trafficking on Saturday, a day after a Greek prosecutor brought preliminary charges against him. The…
Abu Dhabi Ports inked a new agreement with the China Council for the Promotion of International Trade to explore new commercial opportunities between Chinese companies interested in investing in Khalifa Industrial Zone Abu Dhabi (KIZAD) and Khalifa Port Free Trade Zone (KPFTZ)…
Dubai Ports (DP) World, the global port operator of the United Arab Emirates (UAE), and the government of Kazakhstan signed two framework agreements in Abu Dhabi today relating to the acquisition, governance and management of Special Economic Zones (SEZ) in Aktau and Khorgos…
Gov. John Bel Edwards appointed Charles H. Ponstein to the Board of Commissioners of the Port of New Orleans as the St. Bernard Parish representative on the seven-member regional board. Ponstein was sworn in during today’s monthly Board meeting and will serve a five-year term succeeding William T…
The Vancouver Fraser Port Authority board of directors has re-elected Eugene Kwan as vice chair for a third term commencing March 25, 2018. Mr. Kwan was appointed to the board of directors by the federal minister of transport as recommended by the Port User Group Nominating Committee…
Although the US has decided to exclude Europe from new tariffs on steel and aluminium, new restrictions on trade between the United States and China raise concern. There is an urgent need for new diplomatic efforts to prevent an escalation…
Russia's Ministry of Trade and Industry said on Friday it was preparing to impose restrictions on U.S. imports in response to U.S. tariffs on steel and aluminium, the Interfax news agency reported. (Reporting by Polina Ivanova Writing by Gabrielle Tétrault-Farber Editing by Andrew Osborn)
European Union leaders called on Friday for a temporary exemption from U.S. import duties on steel and aluminium to be made permanent, saying they reserved the right to respond in an 'in a proportionate manner' to protect the bloc's interests…
China's commerce ministry said on Friday that it may impose additional tariffs on up to $3 billion of U.S. imports in response to U.S. tariffs on Chinese steel and aluminum products.The ministry said it was considering implementing measures in two stages: first…
Chinese buyers of soybeans, the United States' biggest agricultural export to the country, are quietly drawing up contingency plans to ensure supplies of critical raw materials in the event of a trade war, sources said. The moves are the…
Greece concluded the sale of 67 percent stake in Thessaloniki port, the country's second-largest, to a German-led consortium, its privatisations agency (HRADF) said on Friday.Deutsche Invest and its partners, France's Terminal Link SAS and Cyprus-based Belterra Investments…
The Trump administration's planned steel tariffs and a potential trade battle with China could hurt U.S. liquefied natural gas companies just as a new wave of developments in the fast-growing market is gaining steam, company executives say. China is the fastest growing major buyer of LNG…
On March 1, 2018, President Trump pushed through a metals tariff plan that puts 25 percent tariff on imports of steel and a 10 percent tariff on imports of aluminium. They are set to enter into force on March 23, 2018.The Trump administration…