The United States and China are likely to reach a good settlement over immediate trade issues while agreement on structural trade issues and enforcement will be harder, U.S. Secretary of Commerce Wilbur Ross said on Monday as U.S.-China trade talks resumed…
World stock markets rallied on Friday after Beijing announced a new round of trade talks with Washington, though recession fears still had markets betting the next move in U.S. interest rates might be down.News that the United States and China…
The provider of cargo handling solutions and services to ports, terminals, Kalmar has signed a maintenance and support agreement with International Container Terminal Services, Inc (ICTSI) covering the automated container handling solution operating…
American transportation company Norfolk Southern has signed a deal with Kalmar, part of Cargotec, for supply of four Kalmar SmartPower rubber-tyred gantry cranes (RTGs) equipped with a suite of process automation solutions.According to a press release…
Danish shipping group A.P. Moller-Maersk will shut a transport container factory in China and instead focus on producing refrigerated containers for food, it said on Thursday.While the market for so-called dry containers has been squeezed by increased competition…
Dozens of containers with items including flat-screen televisions have washed up on Dutch islands in the North Sea after a ship lost part of its cargo in heavy seas, bringing a windfall for local treasure hunters.The Dutch Coast Guard said up…
CMA CGM becomes the first ocean carrier listed on Freightos. Global freight moves towards the ‘one-stop shopping’ standard.CMA CGM Group and global online freight marketplace company Freightos have established an ambitious pilot agreement whereby…
Dozens of containers with items including flat-screen televisions washed up on the Dutch islands of Terschelling and Vlieland after a vessel lost its cargo in heavy seas, a report by RTL Nieuws said, citing a Dutch coast guard.The RTL report…
Britain's transport minister has defended awarding a 14 million-pound ($18 million) contract for shipping goods after Brexit to a new ferry company that owns no ships.The government last week awarded three contracts to charter extra ferries…
The Federal Maritime Commission is closed effective Wednesday, December 26, 2018 as part of the partial federal government shutdown due to a lapse in appropriations. The Commission will resume normal operations when appropriations legislation is enacted and the federal government reopens…
The Port of Rotterdam Authority will widen and facilitate the Green Award discount for sea-going shipping from the start of 2019.The discount will encourage safe and green shipping in the liquid bulk segment. From 2019 onwards, certified chemical…
Kalmar, part of Cargotec, has secured a contract to supply six Gloria reachstackers to Sitrans Servicios Integrados de Transportes Limitada (Sitrans), part of the Ultramar Group. The order was booked in Cargotec's Q4 2018 order intake and delivery…
Crowley Maritime Corp. has taken delivery of Taíno – the second of two of the world’s first combination container/roll on-roll off (ConRo) ships powered by liquefied natural gas (LNG) – from shipbuilder VT Halter Marine Inc., of Pascagoula, Miss…
An Indian court has declined to quash or stall an antitrust investigation into Dubai-based port operator DP World's alleged anti-competitive behaviour at the country's largest container port in Mumbai, three sources told Reuters on Wednesday…
The St. Lawrence Seaway and Great Lakes ports are reporting strong growth in November cargo volumes that is expected to carry through in the final weeks of the 2018 season. Overall cargo volumes through the St. Lawrence Seaway from March 29 to November 30 topped 36 million metric tons…
