News
November 5, 2018
The Indian government raised import duties on a range of items to curb widening current account deficit (CAD) and stabilize the rupee.
November 5, 2018
The first China International Import Expo gathered 2800 companies from over 130 countries and regions to meet with over 150,000 buyers in Shanghai from Nov 5 to 10, 2018. This event is now anticipated as an annual event that provides success initiatives and strong performance, according to Chinese President Xi.
November 4, 2018
Qingdao Port Authority recently announced that Qingdao Port (including QQCT and QQCTU) would resume the operations for dangerous cargoes in DG Classes 2,3,4,5 and 6 beginning October 29, 2018. These classes were previously forbidden since August 15, 2017.
November 2, 2018
The Trump administration is to reinstate all US sanctions on Iran removed under the 2015 nuclear deal.
October 31, 2018
French liner shipping major CMA CGM Group completed today the acquisition of Finland-based container-transportation and logistics company Containerships.
October 31, 2018
Port of Rotterdam saw its total throughput drop by 0.4% in the first three quarters of 2018, compared to the same period a year earlier
October 30, 2018
A moderating economy, Hurricane Florence and the impact of tariffs all contributed to a 5.2% quarterly decline in freight shipments (1.1% decline, year-over-year), according to the U.S. Bank Freight Payment Index.
October 30, 2018
The Trump administration has slapped restrictions on exports to a Chinese government-backed chipmaker it says threatens U.S. national security, adding pressure to an already fraught relationship between the world’s two largest economies.
October 30, 2018
Technology startups are focusing on reducing the empty container problem, a challenge that costs the container shipping industry about $20 billion per year.
October 23, 2018
September shipments, at 1,050,900, were up 7.3% compared to September 2017, and on a year-to-date basis through September they are up 5.7% to 9,116,507.