U.S. President Donald Trump on Tuesday warned he would be 'tougher' on Beijing in a second term if trade talks dragged on, compounding market fears that ongoing trade disputes between the United States and China could trigger a U.S. recession…
The Port of Baltimore is poised to muscle its way into the nation’s elite top 10 ports. How that happened really isn’t hard to understand. That’s because what comes next will be the dividend of many years of focused planning.The Port of Baltimore…
Dorian weakened on Tuesday but was heading north-westward and growing in size, moving 'dangerously close' to the Florida east coast late Tuesday through Wednesday evening, the U.S. National Hurricane Center (NHC) said.Dorian, now a Category 2 storm on the five-step Saffir-Simpson Wind Scale…
At 800 AM EDT (1200 UTC), the eye of Hurricane Dorian was located by reconnaissance aircraft and NOAA Doppler radar near latitude 27.1 North, longitude 78.4 West. Dorian is beginning to move northwestward at about 1 mph (2 km/h), and a slightly…
Reefer container equipment availability will remain tight over the next few years which will impact shipping capacity supply and freight rates at seasonal peaks, according to Drewry’s latest Reefer Shipping Annual Review and Forecast 2019/20 report…
The Captain of the Port for North Carolina set Port Condition X-ray for the Ports of Wilmington and Morehead City as of Tuesday at 4 a.m., due to predicted sustained tropical storm force winds generated by Hurricane Dorian that may arrive within the next 48 hours…
Divers searched for more bodies early on Tuesday around the wreck of a boat destroyed by a blaze off the coast of southern California, as authorities launched an investigation into one of the area's worst maritime disasters.Emergency crews found…
Marking its first foray into the US, Singapore-based port operator PSA International has completed the acquisition of Penn Terminals located on the Delaware River in the U.S. from Macquarie Infrastructure Partners, a fund managed by Macquarie Infrastructure and Real Assets…
Coast Guard and partner agencies are responding to a vessel fire near Santa Cruz Island Monday.At approximately 3:15 a.m., Coast Guard Sector Los Angeles-Long Beach watchstanders overheard a mayday call via channel 16 of an engulfed 75-foot commercial diving vessel with 38 people aboard…
The British Ports Association has welcomed the announcement by the UK Government that there will be a new grants scheme for infrastructure modification at UK ports should there be a ‘no-deal’ Brexit but has stated a deal was the best way to avoid potential disruption at ports…
The Dubai-based ports operator DP World announced a partnership with Zhejiang China Commodity City Group Company (CCC) to develop the ‘Traders Market’ in Jebel Ali Freezone.The project will span around 800,000 sq m, with phase 1, estimated at $150 million…
Florida's governor on Friday urged residents in the state to stock up on at least a week's worth of food, water and medicine and to prepare to lose power and cellphone service for days after Hurricane Dorian makes landfall early next week.The slow march and rising intensity of the storm…
The Baltic Exchange's main sea freight index climbed to a near nine-year peak on Friday propelled by robust capesize demand, with rates for all the vessel segments scaling multi-year highs.The Baltic index, which tracks rates for ships ferrying dry bulk commodities…
While there is no silver bullet and no one solution to cyber safety, layered defenses are best practices and rely on multiple measures to detect and protect against cyber dangers.“Parasitic malware feasts on critical infrastructure”“Digital…
The UK Foreign Secretary Dominic Raab is to call for more international support to protect shipping in the Strait of Hormuz when he meets his French and German counterparts later today (Friday, August 31) for talks about Iran. Last month, Iran…