WTO members expressed concern over the United States’ imposition of higher tariffs on steel and aluminium imports and the impact they may have on the global trading system at a meeting of the Council on Trade in Goods on 23 March, the same day the new US measure came into effect…
Although the US has decided to exclude Europe from new tariffs on steel and aluminium, new restrictions on trade between the United States and China raise concern. There is an urgent need for new diplomatic efforts to prevent an escalation…
APM Terminals celebrates its first year of working with customers in Mexico this month. With advanced technology and sustainable solutions, Lázaro Cárdenas is the country’s first semi-automated terminal designed to make Mexican supply chains more efficient…
The Port of Rotterdam Authority has started constructing the infrastructure for the Container Exchange Route (CER). The CER will link the deepsea container terminals, empty depots, rail terminals and distribution companies at Maasvlakte. The…
Due to supply problems in the U.S. trucking market dating back to mid-2017, carriers including Mediterranean Shipping Company MSC have been forced to reduce door delivery in some parts of the country. MSC is continuing to conduct door deliveries for shippers in many regions…
The Port of Rotterdam Authority has awarded consortium SaVe the contract to construct the substructure for the Theemsweg route. The re-routing of part of the Port railway line will result in the increased freight train traffic no longer being hindered by shipping traffic…
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…
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…
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…
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)
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…
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…
Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v New Orleans. The gross charter rate is $21…
Digitization without integration in the world of global shipping is a sure recipe for failure. While most shipping companies would say that they have embraced the digital world, there are differing degrees of digitization. Some companies…
