A top White House economic adviser said on Tuesday the United States and China were making progress in trade negotiations and he was 'cautiously optimistic' about the prospects for striking a deal.Speaking at a luncheon at the National Press Club…
Sudan's military rulers on Tuesday suspended a contract with Philippine port operator International Container Terminal Services Inc pending its cancellation, the country's Transitional Military Council said in a statement.Workers at Port Sudan's…
Singapore on Tuesday said its plans to build the world's biggest container terminal in a single location were on track, as it held a ceremony to mark a milestone in the initial construction phase of the mega-project.Tuas Terminal is set to open progressively from 2021…
The U.S. Department of Transportation’s Maritime Administration (MARAD) has announced $6,790,000 in grants to three Marine Highway projects. The funding, provided by MARAD’s Marine Highway Program, will go towards enhancing existing services…
Hamburg Süd and the International Maritime Museum Hamburg (IMMH) have signed an agreement to catalog and display the historical collection of the shipping company, which was founded in 1871. Using images, ship models, documents and other artefacts from Hamburg Süd’s archive…
Tianqi Lithium Kwinana has placed an order with Liebherr for the first LRS 545 Reachstacker in Australia. The new device is a part of a package including two Liebherr XPower wheel loaders. The new machine is scheduled to go into operation in July this year…
South Florida’s marine industry is a $12 billion/year economic engine that provides the region with 142,000 careers and jobs. With an aging workforce and a unique skill set, the maritime community is facing a workforce that’s aging out with skilled labor being very hard to find…
Qatar Gas Transport Company (Nakilat), a shipping and maritime company with the world's largest LNG shipping fleet, reported a 9 percent increase in profit for the first quarter of this year ended March 31, 2019.Nakilat reported a net profit of 236 million Qatari Riyals ($64…
Qatar Petroleum (QP), a state owned petroleum company of Qatar, said that it had concluded a 10-year sales agreement to supply Thailand's SCG Chemicals with a total of 3 million metric tons of light naphtha starting from this month.The agreement…
Container throughput in ports of Latin America and the Caribbean increased by 7.7% in 2018 in comparison with the previous year.According to the Economic Commission for Latin America and the Caribbean (ECLAC), this analysis is based on the performance…
Californian Port of Oakland supports 84,144 jobs in the Bay Area and 20 percent of those jobs are Oakland-based, according to an economic impact study.The study by Martin Associates shows that the Port’s overall economic value—from business revenue…
The U.S. Department of Transportation (DOT) has formally announced a Notice of Funding Opportunity (NOFO) to apply for $900 million in discretionary grant funding through the Better Utilizing Investments to Leverage Development (BUILD) Transportation Discretionary Grants program…
PHOTECTOR, previously known as PEIR, today announced a corporate rebrand and several new key senior hires.“We are excited about the corporate rebranding of PHOTECTOR, strategic actions that go far beyond a name change from PEIR,” said Tom Burke…
North Carolina Ports made history Monday by welcoming its first-ever 12,000 TEU vessel to the Port of Wilmington.The ship, Kota Pekarang, is the largest capacity-wise to call the port. The Kota Pekarang is operated by ZIM in partnership with the 2M Alliance which links Asia to Wilmington…
XLProjects has introduced the latest XLProjects (XLP) member office in Antwerp, Belgium.Invicta Project & Shipping has 2 offices located in Antwerp (Belgium) and in Genoa (Italy) from where it serves to and from all European ports.Furthermore…