The U.S. Coast Guard announced today it will discontinue broadcasts from its remaining 38 Differential GPS (DGPS) sites over the next three years, completing system reductions that began in 2016. The staged reduction of the remaining Coast…
Grindrod, the South Africa-listed freight logistics and shipping services firm, said on Friday it will list its shipping business offshore, with a secondary listing on the Johannesburg bourse.Grindrod, which also has a financial services business…
North Carolina Ports reports a boost in container volumes at the Port of Wilmington continues a recent growth trend at the port, where box volumes are currently up 31 percent in fiscal year 2018 and year to date volume in January and February is up 58 percent…
Friedman is Port of Cleveland's President & CEO. At its 2018 Spring Conference on March 20, the American Association of Port Authorities (AAPA)—the unified and recognized voice of seaports in the Americas—elected William D. Friedman, president…
New orders for key U.S.-made capital goods rebounded more than expected in February after two straight monthly declines and shipments surged, which could temper expectations of a sharp slowdown in business spending on equipment in the first quarter…
Noble Group Ltd said this week's resignation of its founder Richard Elman was due to 'amicable differences' with the board and a group of senior creditors who are negotiating a debt restructuring that is crucial for its survival. In a statement late on Friday…
Participants from ports around the Pacific Rim, Asia, the Americas, and Europe gathered in Los Angeles this week to discuss innovations and best practices for reducing emissions from port-related operations. The two-day Pacific Ports Clean…
Russian oil pipeline monopoly Transneft said on Friday oil loadings from the port of Novorossiisk were suspended due to a storm.(Reporting by Vladimir Soldatkin Writing by Christian Lowe and Mark Potter)
Russia's Ministry of Trade and Industry said on Friday it was preparing to impose restrictions on U.S. imports in response to U.S. tariffs on steel and aluminium, the Interfax news agency reported. (Reporting by Polina Ivanova Writing by Gabrielle Tétrault-Farber Editing by Andrew Osborn)
European Union leaders called on Friday for a temporary exemption from U.S. import duties on steel and aluminium to be made permanent, saying they reserved the right to respond in an 'in a proportionate manner' to protect the bloc's interests…
China's commerce ministry said on Friday that it may impose additional tariffs on up to $3 billion of U.S. imports in response to U.S. tariffs on Chinese steel and aluminum products.The ministry said it was considering implementing measures in two stages: first…
Chinese buyers of soybeans, the United States' biggest agricultural export to the country, are quietly drawing up contingency plans to ensure supplies of critical raw materials in the event of a trade war, sources said. The moves are the…
Greece concluded the sale of 67 percent stake in Thessaloniki port, the country's second-largest, to a German-led consortium, its privatisations agency (HRADF) said on Friday.Deutsche Invest and its partners, France's Terminal Link SAS and Cyprus-based Belterra Investments…
Cepsa presented in the Port of Huelva the first multi-product marine fuel supply vessel in southern Europe. The vessel, based in the port of Huelva, will provide ship to ship Liquefied Natural Gas (LNG), in addition to traditional fuels: fuel oils and diesel…
The biggest cargo shipping company in Israel ZIM Integrated Shipping Services (ZIM) has posted adjusted net profit of $50 million in 2017, compared to adjusted net loss of $150 million in 2016. The net Profit was $11 million, compared to…
