New rules governing Brazil's ethanol imports, which slap a 20 percent penalty for volumes above a tax-free import quota, took effect on Friday, authorities said. Brazil's foreign trade chamber Camex said in an official written resolution that the rules will be valid for two years…
The United States is proposing to speed up approval of small-scale exports of natural gas, including liquefied natural gas (LNG), the U.S. Department of Energy said in a statement released on Friday. The department said the proposed rule…
The largest containership ever to serve the U.S. East Coast, the 14,414 TEU CMA CGM Theodore Roosevelt, called the Port of Savannah on Friday. Working the vessel with seven cranes at the 1,200-acre Garden City Terminal, the Port of Savannah is expected to move 4…
Chinese companies signed commitments on Friday to finance and build railways and ports that will help Brazil export iron ore and soybeans, the two main commodities it sells to China, during a state visit by Brazilian President Michel Temer. China…
Brazilian soy exports hit an all-time high for the month of August, an industry association said, as many farmers resumed sales after delaying shipments in hopes of securing better prices amid a bumper 2016/17 crop. According to cereals exporter association Anec…
Ports America said its Port Newark Auto Terminal (PNAT) has elevated its operational training programs with the purchase of a mobile ro-ro operations labor training simulator, which prepares drivers for a variety of ro-ro vessel scenarios involved…
Columbia Shipmanagement and Marlow Navigation announced confirmation of regulatory approval allowing their previously reported intended merger to proceed. The merger brings together two of the shipping industry’s privately owned shipmanagement companies…
In an official ceremony held in Wismar, MV WERFTEN welcomed 102 new recruits to the maritime industry. 90 apprentices in five different professions and 12 students taking sandwich degree courses were given a warm welcome by the company management…
The Corpus Christi Ship Channel is open to restricted operations following a record six-day closure caused by Hurricane Harvey. Harvey has left many Gulf Coast petroleum refining centers either completely shut down or with operations significantly scaled back…
South Korea’s largest ocean carrier Hyundai Merchant Marine (HMM) will invest USD 417.61 million in five new very large crude oil carriers (VLCCs), Reuters reported quoting company sources. 'HMM will invest 470 billion South Korean won (U…
Hong Kong-Listed China Merchants Port Holdings reported an 86% surge in first-half net profit, thanks to a one-off gain and higher volume handled by the company's ports. Net profit attributable to shareholders rose to HK$3.15 billion ($402…
The CMA CGM Theodore Roosevelt will be deployed on the South Atlantic Express (SAX) line, linking Asia East Cost to North America Cost through the Panama Canal, says a statement from the company. With transit times among the fastest in the market between Asia and North…
The Coast Guard Foundation, a nonprofit organization committed to the education and welfare of all Coast Guard members and their families, has activated its Disaster Relief and Response Fund to assist Coast Guard Members impacted by Hurricane Harvey…
YRC Worldwide Inc said on Thursday it resumed limited operations at its terminal in Houston, Texas. YRC Freight, a subsidiary of YRC Worldwide Inc, said on Wednesday it had closed terminals in Beaumont, Corpus Christi, and Houston, Texas due to Tropical Storm Harvey…
Load cells perform benchmark weighing as 10 ship-to-shore cranes were raised 10m by Shanghai Zhenhua Port Machinery Company (ZPMC) at Port of Los Angeles earlier this month. Sixteen 150-metric-ton capacity load cells provided by Lifting…
