Container shipping lines are “playing poker” with ports as their push for lower handling charges puts future terminal investments at risk, Drewry Shipping Consultants says.
International Trade News
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.
Dozens of new port concessions and contract extensions should direct 40 billion reais ($11.82 billion) in investments toward Brazil’s ports over the next 25 years.
A new intermodal container transfer facility at the port of Jacksonville is positioning the Florida gateway to move more cargo to the US Midwest.
Demand for US agricultural products in overseas markets is negating the impact of the strong dollar and less-than-robust growth in Asian economies.