China has pledged to buy more U.S. goods to reduce America's huge trade deficit and help avoid exacerbating a trade war between the world's two biggest economies, with energy and commodities high on Washington's list of products for sale.The U…
Oil prices rose on Monday as markets reacted to news that China and the United States have put a looming trade war between the world's two biggest economies 'on hold'.Brent crude futures were at $79.13 per barrel at 0121 GMT, up 62 cents, or 0…
Russia's gas production and sales company PAO Novatek has created a transportation unit called Maritime Arctic Transport. 'The Board of Directors of PAO Novatek resolved on creating a transportation subsidiary called Maritime Arctic Transport LLC to manage and optimize transportation costs…
Cress Systems helps container terminals reduce fuel bills, emissions and power peaks with ProwESS energy storage for rubber-tyred gantry cranes (RTGs). New technology allows container ports and terminals to capture, store and reuse energy…
The Vancouver Fraser Port Authority received federal funding for projects that will improve the flow of goods to and from the Port of Vancouver. Through the collaborative efforts of the port authority, Transport Canada, B.C.’s Ministry of Transportation and Infrastructure…
The leader of Shipbuilding Industry in Sri Lanka Colombo Dockyard PLC (CDPLC) has successfully secured a contract with Toyota Tsusho Corporation (TTC) of Japan to build two vessels; Pilot Station Vessel and Buoy Tender Vessel, for General Company for Port of Iraq (GCPI)…
The United States and China agreed to take measures to reduce the U.S. trade deficit in goods by having China purchase more American goods - particularly agriculture and energy products, according to a joint statement the two nations released on Saturday…
China will shut down more outdated steel plants and bring total capacity to less than 1 billion tonnes by 2025, the president of the country's steel industry association said, adding that national demand for the metal is set to decline gradually…
The Pure Car & Truck Carrier Grande Halifax, owned and operated by the Grimaldi Group, has been christened yesterday in Halifax, New Scotia. Godmother of the new vessel was Ms. Karen Oldfield, President and CEO of the Halifax Port Authority…
What is a “single window” and why do ports need one? What are the best practices when it comes to electronic business and port logistics? How is International Maritime Organization (IMO) supporting developing countries to get ready for…
April exports at the ports of Seattle and Tacoma were up 3.3 percent at 112,645 TEUs (20-foot equivalent units) amid rising trade tensions. At 111,858 TEUs, import volumes through the ports, which together comprise the Northwest Seaport Alliance…
The first of four visits to Kiel this season by the British shipping company Saga Cruises began early Thursday with the arrival on the Kiel Fiord of the Saga Sapphire with 640 English-speaking passengers on board. The flagship of the Saga fleet…
Tim Nolan has been named the next president and CEO of U.S. domestic ocean carrier TOTE Inc., parent company Saltchuk announced today. TOTE is the parent company to TOTE Maritime and TOTE Services.Nolan, who is currently president of TOTE Maritime Puerto Rico…
This year’s first-quarter throughput total at the Port of Hamburg was notable for a rise in conventional general cargoes, a lower figure of bulk cargoes, a stable trend in container handling and distinct growth on container transport services by rail…
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…