China will impose additional 25 percent tariffs on 659 U.S. goods worth $50 billion in response to the U.S. announcement that it will levy tariffs on Chinese imports, the Chinese commerce ministry said.Tariffs on $34 billion of U.S. goods including…
President Donald Trump on Friday announced that the United States will implement a 25 percent tariff on $50 billion of goods from China related to intellectual property and technology, and pledged to impose further levies if the Asian nation takes retaliatory measures…
Shares of small Japanese shippers jumped this week after the historic summit between U.S. President Donald Trump and North Korean leader Kim Jong Un sparked hopes of news business ties with the reclusive country.Japanese retail investors are…
Ocean shipping electronic marketplace INTTRA announced that May 2018 was a record month with more than four million requests for container bookings or shipping instructions processed on its platform.It was the first time in its 17-year history…
Bolidt Synthetic Products & Systems' position for decking and flooring in mainstream cruise ship and superyacht markets has been quickly converted into a series of business wins in the fast-emerging polar expedition cruise ship sector.The most…
The International Marine Contractors Association (IMCA) has appointed Bruce Gresham as director for client engagement in the U.S., in a part-time consulting role. He will support the association in developing and expanding its engagement with oil companies and the broader industry in the U…
Hyundai Merchant Marine (HMM) announced that it is launching a new China-Australia express service, under the name ‘A1X (Australia No.1 Express) with carriers Evergreen and APL. The A1X service covers the ports of Ningbo-Shanghai-Yantian-Sydney…
New pre-arrival clearance protocols and reduced terminal handling charges for containers in transit, mean that Jordan’s deep-water Aqaba Container Terminal (ACT), located on the Red Sea, is now a realistic alternative maritime gateway for Iraq-bound cargo…
Recognizing the need for the container terminal industry to prepare for the 4th industrial revolution and to further advance digitalization, an open group of 15 global private container terminal operators and some port equipment manufacturers…
Monjasa acquires the 3,600 DWT tanker, MT Fredericia for continued bunker operation in the English Channel. Leading up to the acquisition, the vessel has been on time charter by Monjasa for several years and the ceaseless high performance…
US-based tanker shipping company International Seaways (INSW) has completed the acquisition of six 300,000 dwt very large crude carriers (VLCCs) from Euronav NV. The tanker company providing energy transportation services for crude oil…
The Port of Rotterdam Authority has signed partnership agreements with four recent participants in the annual PortXL innovation programme. The products developed by these promising start-ups range from compact tulip-shaped wind turbines to blockchain applications for freight tracking…
Mitsui O.S.K. Lines (MOL) has announced the delivery of the coal carrier OI MARU, which will serve JERA Trading , was delivered at Imari Shipyard and Works of Namura Shipbuilding on June 14, 2018. The vessel, which was jointly developed by Namura Shipbuilding and MOL…
Oosterhout Container Terminal (OCT) has now joined the West-Brabant corridor, the partnership launched in February 2018 between deep-sea terminals, inland shipping companies and inland terminals to bundle container cargo on the sailing route between Tilburg…
ESPO congratulates Port of Dunkerque (France) for obtaining for the first time EcoPorts’ environmental management standard (PERS). Isabelle Ryckbost, ESPO’s Secretary General, handed over the PERS certificate to Stéphane Raison, CEO of Port Dunkerque…