News

The latest industry news and PSA BDP Happenings from across the globe.

July 12, 2018

The three major ocean carrier alliances began to drastically restore schedule reliability in the second quarter of this year, after letting service levels drop to new lows at the start of 2018, according to SeaIntel Maritime Analysis' June 2018 Global Liner Performance Report.

July 11, 2018

The U.S. Environmental Protection Agency on July 30 plans to begin reviewing the economic impact the transportation industry may face if tighter requirements remain in place that prohibit the use of high-sulfur fuel in cargo ships within 200 miles of the U.S. coastline.

July 10, 2018

Cambodia’s Sihanoukville Autonomous Port (PAS) has launched operations at its new multipurpose terminal, paving the way for larger ships to call.

July 10, 2018

Germany’s shipping major Hapag-Lloyd has dismissed reports that its French counterpart CMA CGM proposed a merger between the parties.

July 9, 2018

COSCO Shipping will put Long Beach Container Terminal up for sale through a U.S. trust fund in order to merge with OOCL, the terminal's owner, according to various reports.

July 9, 2018

British retail leaders are calling on Brexit negotiators to "avoid the cliff edge" and reach a deal that protects "fragile" supply chains and the free flow of goods between the U.K. and European Union.

July 9, 2018

On the same day U.S. launched tariffs on $34 billion worth of Chinese goods, the Port of Oakland director called for strengthening the port's trade relationship with Japan in a press release.

July 9, 2018

Two maritime industry equipment and technology suppliers are merging operations after Rolls-Royce agreed to sell its Commercial Marine division to Kongsberg Gruppen for £500 million.

July 6, 2018

The U.S. imposed 25% duties on $34 billion worth of Chinese imports Friday morning, following through on a proposal in June to subject more than 800 products to duties.

July 3, 2018

The European Union has warned the United States that imposing import tariffs on cars and car parts would harm its own automotive industry.