Tougher U.S. trade penalties on goods originating in one country being re-shipped from another are not expected to immediately follow new U.S. tariffs, three people in Southeast Asia with knowledge of the matter said, easing a major cause of concern…
U.S. President Donald Trump issued an executive order on Wednesday imposing an additional 25% tariff on goods from India, saying the country directly or indirectly imported Russian oil.The additional tariffs mean India will face the highest levy along with Brazil…
Thousands of license applications by U.S. companies to export goods and technology around the globe, including to China, are in limbo because turmoil at the agency in charge of approving them has left it nearly paralyzed, two sources said.While U…
The Georgia Ports Authority moved 5.7 million twenty-foot equivalent container units in fiscal year 2025 (July 1, 2024-June 30, 2025), an increase of 8.6 percent or 450,000 TEUs compared to the previous fiscal year. FY2025 was the Port of Savannah’s second busiest year on record…
As U.S. ports face their annual surge in pre-holiday inventory arrivals, many are relying on propane-powered equipment to stay efficient, resilient, and cost effective. This surge in port activity comes just as the U.S. Department of Transportation…
Imports to the busiest U.S. seaport in Los Angeles rebounded strongly in June as retailers moved to stock up on goods for the holiday shopping season amid fears of higher tariffs.The Port of Los Angeles handled 470,450 20-foot equivalent units (TEUs) of incoming cargo last month after the U…
Vietnam is preparing stricter penalties to crack down on trade fraud and the illegal transshipment of goods, and has focused its inspections on Chinese products as it tries to comply with commitments made to Washington, documents seen by Reuters show…
The U.S. trade deficit in goods increased in May amid a decline in exports, but an ebbing inflow of imports likely positions trade to make a big contribution to gross domestic product in the second quarter.The goods trade gap widened 11.1% to $96…
Imports to the busiest U.S. seaport at Los Angeles dropped 9% year-on-year in May, offering insight into how many shipments were canceled or put on hold after President Donald Trump slapped tariffs of 145% on goods from China.China is the top U…
Norwegian energy company Equinor said it has been selected to provide New York State with offshore wind power in one of the United States' largest renewable energy procurements to date.Under the award, Equinor and partner BP will provide 1,260…
Crowley Shipping announced Wednesday it has formed a New Energy division to focus on offshore wind and liquefied natural gas (LNG) services in the U.S. and adjacent regions.The Jacksonville, Fla.-based maritime transportation and services firm…
Norwegian energy company Equinor has proposed the Port of Albany, in upstate New York, as the first offshore wind tower manufacturing facility in the U.S.'Developed jointly with leading wind industry manufacturers Marmen and Welcon, Equinor…
The tanker Maran Gas Vergina has arrived in China with the first delivery of U.S. liquefied natural gas (LNG) in 13 months, shipping data showed on Monday.This is the first shipment since March 2019 after a long-standing trade war in which China…
