A senior official of China's ruling Communist Party said the trade dispute with the U.S. could reduce China's growth pace this year by as much as 1 percentage point, the South China Morning Post reported on Friday, citing an unnamed source.The paper said Wang Yang…
U.S. President Donald Trump on Tuesday said trade talks with China had not collapsed, characterizing the trade war between the world's two largest economies as 'a little squabble.'He made the remarks to reporters at the White House as Beijing…
China's decision to hike import duties on U.S. liquefied natural gas (LNG) is a move that means very little for the market in the short term, but it has the potential to deliver outsized consequences the longer the levies remain in place.As part of its latest round of retaliatory tariffs on U…
The United States has imposed sanctions on two shipping companies and two tankers involved in trade with Venezuela, the U.S. Treasury Department said on Friday.The two companies are based in Marshall Islands and Liberia, and both tankers have Panama flags…
Danish roro ship operator DFDS secured a contract from Swedish paper producer Stora Enso to transport 700,000 tons of paper annually on a new route between Gothenburg, Sweden and Zeebrugge,BelgiumDFDS will acquire two freight ferries for the route…
APL has announced that the Japan Thailand Vietnam (JTV) service is extending its port rotation to the Philippines and within South China. The refined service will be calling three additional ports in Manila, Shekou and Nansha as part of its service rotation…
World shares tumbled for a fourth day running on Thursday after a warning from U.S. President Donald Trump that a long-worked-on trade deal with China was in serious danger.Chinese Vice Premier Liu He was heading to Washington for two days of talks…
DP World, one of the world's largest port operators, said on Thursday it has agreed to buy Canadian marine terminal Fraser Surrey Docks from a Macquarie Group fund.The purchase consideration is below 2.5 percent of DP World's net asset value as of December 31…
Hapag-Lloyd is optimistic about the year ahead, despite global trade tensions, the German container shipping company's chief executive said on Thursday after a first quarter earnings rise.'Despite all the uncertainty, we see a somewhat stable development…
International Transport Intermediaries Club (ITIC) has urged ship brokers and managers to check the terms of their charterparty agreements closely before signing, in order to avoid costly mistakes further down the line.By way of illustration…
U.S. Vice President Mike Pence said on Friday that President Donald Trump would 'stand firm' on his demands for structural changes to China's trade practices, and removal of U.S. tariffs on Chinese goods would be a part of a mechanism to enforce any deal with Beijing…
In July 2015, Worldwide Recruitment Solutions (WRS) was awarded the contract as a provider of managed services for Telford Offshore (previously Sea Trucks Group). As a rostered managed services provider tasked with providing all contract manpower…
Martin Lawlor, Chief Executive at the Port of Blyth and Chair of the British Ports Association: 'Ports part of the solution, not the problem on a range of challenges facing the UK.'A record turnout of over 300 guests gathered in London today for the British Ports Association’s annual lunch and AGM…
Britain's transport minister was under fresh pressure to resign after the government stacked up a 50 million pound ($65 million) loss for cancelling contracts to charter extra ferries to bring in essential supplies in the event of a no-deal Brexit…
The latest round of China-U.S. trade talks began in Beijing on Wednesday, as both countries look to end their bitter trade war.Chinese Vice Premier Liu He greeted U.S. Treasury Secretary Steven Mnuchin and U.S. Trade Representative Robert Lighthizer as they arrived at a state guest house in Beijing…
