BIMCO’s Market Analysis Team launches a graph section, where BIMCO members can get an overview of a specific sector and how the supply side of that sector develops. “We have structured the data and made it easily available through our website…
New report examines port-based incentives to boost green shipping Ports play an important role in reducing the global carbon footprint of maritime shipping, says a new report by the International Transport Forum at the OECD. Greenhouse…
Egypt will keep its ports running for 24 hours a day, up from 16 currently, in an effort to cut down on 'long waiting times' for shipments, Transportation Minister Hesham Arafat said on Wednesday. The extended port hours will not come at any added cost for shippers…
Russian aluminum giant Rusal has stopped placing orders with two logistics firms that ship its exports, executives with the firms said on Tuesday, in a sign of deepening problems for the company after it was hit by U.S. sanctions.Rusal and its major shareholder Oleg Deripaska were included on a U…
Algeria's government has temporarily reversed a ban on imports of some raw materials for its food industry after shortages hit local firms, the trade ministry said on Tuesday.Imports of the materials were prohibited in a ban on imports of 951…
Russia's largest freight container operator, TransContainer said on Tuesday Russian aluminium giant Rusal had suspended exports through TransContainer's system after Rusal was hit by U.S. sanctions 'They (Rusal) do not know what to do yet, what is going on with them…
Bollore Transport & Logistics Cote d'Ivoire net profit climbed to 13.14 billion CFA francs ($24.30 million) in 2017 from 10.12 billion CFA francs the previous year, the shipping company and port operator said late on Monday.Turnover for the…
Port Manatee reports it has achieved numerous cargo records in the first half of its current fiscal year and is on pace to shatter several full-year marks. The Central Florida Gulf port has established new first-half highs for total tonnage throughput and a host of cargo sectors…
Trade and investment restrictions are proliferating around the world, driven by a combination of security concerns and protectionist pressures. In each instance, policymakers can usually cite a justification of why trade and investment restrictions are necessary…
South Carolina Ports Authority officially opened Inland Port Dillon, its second inland facility constructed in the state to handle growing intermodal rail cargo volumes and deepen the port's reach into markets through the Carolinas to the Northeast and Midwest…
The European Union is seeking compensation from the United States for U.S. tariffs on steel and aluminium, despite Washington's assertion that they are not subject to World Trade Organization rules, a WTO filing showed on Monday. In a step already taken by China…
MINSHIP Shipmanagement, based in southern Germany, has chosen DNV GL’s ShipManager fleet management software solution for its fleet of dry cargo vessels.MINSHIP is optimizing processes as they are managing a growing fleet. A key part of the…
TRAC Intermodal has joined the Blockchain in Transportation Alliance (BiTA), an organization for the development of blockchain standards and education for the transportation industry, with the goal of bringing together leading companies that are committed to developing blockchain technology…
China aims to establish a free trade zone in Hainan by 2020 and will encourage multinationals to set up their international and regional headquarters in the province, state news agency Xinhua reported citing a government document.The guidance…
Japan and China agree that a trade war will have serious consequences for the world economy, Japanese Foreign Minister Taro Kono said on Monday after a high-level economic dialogue between the world's third- and second-largest economies.Concern…
