Hyperloop One is a US start-up developing technology to transport cargo in tubes at up to 700 miles an hour.

“Through global partnership and shared goals of operational excellence, there is much we can achieve together, even in the current difficult business environment,” said Kim Fejfer, APM Terminals CEO.

The value of second-hand Panamax container ships has plunged by as much as 45 percent.

The effort is aimed at alleviating landside congestion issues that have been a key contributor to the shift of traffic to privately-operated minor terminals.

"It is better to file an imperfect claim than no claim at all,” said Andrew Kehagiaras, partner in the Long Beach law firm Roberts & Kehagiaras.

Kenya Port Authority set up a task force to arrest the 10 percent volume fall in the first half.

“To give up the benefits of trade is horrible,” said Paul Bingham, vice president of Economic Development Research Group.

Capacity is growing and demand is not, a situation that will persist for years, delegates at TPM Asia heard.

Deepwater Wind’s $300 million, 30 MW project three miles off Block Island, Rhode Island, is small compared with big onshore and offshore projects at other locations, but it’s seen as a breakthrough for the US market.