International Trade News
US ports so far have been doing a reasonably good job loading and unloading mega-ships within the required berthing windows, but carriers’ relentless deployment of ever-larger vessels will soon catch up with terminal operators.
India is taking measures to reform its marine terminal bidding process as it seeks to attract more private investment to the port sector.
The South Carolina Ports Authority is suing a pair of contractors over the initial design of a containment area that ultimately will support the wharf of a new cargo terminal in North Charleston.
The Mercosur trade bloc of Argentina, Brazil, Paraguay, Uruguay, and Venezuela are all set to increase their food exports to Russia this year.
Cosco Shipping Ports on Wednesday entered into an agreement with Abu Dhabi Ports to build and operate a new container terminal at Khalifa Port.
Japan is seeking to re-establish a leading position of investment and influence in Africa.
"In certain cases the costs of upgrading will not be worth it, and you will likely see some facilities abandoned.”
The Port of Melbourne will have new owners for the next 50 years after a $9.7 billion bid was successful.
The US Senate voted Wednesday to end debate on the Water Resources Development Act, setting up final passage for the legislation.
Peak season finally arrives in the trans-Pacific.