International Trade News
South Carolina state officials say a dispute with the two major Eastern railroads won’t threaten the 2019 opening of an intermodal terminal at the Port of Charleston, but the railroads say that hinges on a design change.
DP World is partnering with Canada’s second-biggest public pension to create a $3.76 billion platform aimed at investing in container terminals.
Draft rules to sharply curb outbound direct investment would impact investment in overseas port and logistics assets under the country’s Belt and Road program.
Container shipping lines are “playing poker” with ports as their push for lower handling charges puts future terminal investments at risk, Drewry Shipping Consultants said.
Maersk Line thinks Brazil’s shipping industry is in store for some Christmas cheer.
Mexican port authorities aren’t letting up on their expansion plans even though US President-elect Donald Trump’s plan to overhaul or leave NAFTA threatens the demand for containerized imports through their docks.
Kenya’s second international seaport will open for operations by 2020.
President-elect Trump’s nomination for Department of Transportation chief, Elaine Chao, has a track record of rolling back regulation and a pro-business bent.
The first phase of Qatar’s Hamad Port will begin full-fledged commercial operations Dec. 1, allowing the oil-rich country to expand its global ocean trade.
Japan signed an agreement to expand the area of land it can develop within the Thilawa special economic zone.