International Trade News
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.
Despite strong steel and project shipments in several ports, general cargo volume on the Great Lakes St. Lawrence Seaway System during the first half of the system’s 2016 navigation system.
The number and value of shoes Brazil exports around the globe rose in the first eight months of the year.
The Port of Charleston and the state of South Carolina over the next decade will spend a combined $2.2 billion to handle New Panamax ships.
After devastating flooding forced the closure of South America’s largest port and cast doubts on the viability of dredging plans so it can handle mega-ships, one consultant thinks he has come up with a solution.
DP World has won a 30-year concession to manage and develop a multipurpose cargo complex at the deep-sea port of Berbera in Somaliland.
The new partnership with Summa will also focus on developing and implementing “cutting-edge” freight delivery and port processing technologies, Dubai-based DP World said.
The US Army Corps of Engineers and the Port Authority of New York and New Jersey have completed work for a depth of 50 feet.