Turkey will impose counter-measures on the United States in retaliation against steel and aluminum import tariffs imposed by President Donald Trump, the state-run Anadolu news agency said on Friday, citing officials from the economy ministry…
South Carolina Ports Authority announced the highest April container volumes in its history, with growth of 4 percent over the same month last year.SCPA handled 196,439 twenty-foot equivalent container units (TEU) in April. The Port has moved 1…
Ship owner Diana Containerships Inc. announced it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party the 2009-built vessel Hamburg, with delivery to the buyer latest by July 31…
Japan is considering tariffs on U.S. exports worth $409 million in retaliation against steel and aluminium import tariffs imposed by President Donald Trump, media reported on Thursday.Such a move would signal Tokyo is ready to go beyond backdoor talks and pleas for exemptions from the U…
Managers of insolvent P&R Group are being investigated after it was discovered the investment firm sold nearly one million more shipping containers than it owned, the Munich prosecutors' office said on Thursday.Once the world's biggest lessor of shipping containers…
A.P. Moller-Maersk missed first-quarter profit expectations on Thursday and warned that political and trade tensions clouded the outlook, sending shares in the world's biggest container shipper sharply lower.Earnings before interest, tax, depreciation…
The Korean container shipping company Hyundai Merchant Marine (HMM) has started a new, independent Asia-North Europe service in April. The first vessel of the AEX service to call at Eurogate Container Terminal Hamburg on 12 May was ‘Hyundai Forward’ with a capacity of the 4…
Trade Association Releases Freight Report on Multimodal Funding Needs of U.S. Seaports. In a just-released report, U.S. port authorities identified more than $20 billion in projected multimodal port and rail access needs over the next decade…
China's foreign minister on Wednesday took a swipe at the United States' trade policy and defended international free trade on the basis of World Trade Organisation regulations. 'Trade unilateralism goes against the current of history,'…
‘Who are the crew?’ and ‘what are wages?’ are just some of the areas of marine claims ‘shaded in grey’ says chairman of the Association of Average Adjusters Willum RichardsInsurance market leaders have been urged to apply their policy-reforming…
The Ports of Indiana set a record for first quarter shipments in 2018, handling 3.2 million tons at all three ports. The Port of Indiana-Mount Vernon drove this success by setting a record for the highest first quarter volume ever recorded at any of the state's three ports…
CMA CGM welcomed, on Tuesday May 15, the Indonesian President, His Excellency Joko Widodo, on the occasion of his visit to the port of Jakarta (JICT). President Widodo was accompanied by the Minister of Industry, Mr. Airlangga Hartarto, the Minister of Trade…
Kalmar, part of Cargotec, concluded a deal with Riau Andalan Pulp & Paper (RAPP) to supply three Kalmar SmartPower rubber-tyred gantry cranes (RTGs) for its container yard at the Port of Buatan in Indonesia. The order was booked in Cargotec's…
The world's No. 2 container shipping line MSC said on Wednesday it would stop taking new bookings for Iran due to the decision by the United States to re-impose sanctions on Tehran after withdrawing from the international nuclear deal. In a note to clients…
April 2018 was the Port of Oakland’s best month ever for imports in its 90-year history. The 75,369 TEUs loaded imports volume bested the previous record of 75,243 set in April 2006.The port’s total cargo volume is up 2.9 percent over the same period a year ago…
