News

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

December 6, 2017

Following the completion of Maersk Line’s $4.4bn acquisition of Hamburg Süd on 30 November, the Latin American specialist could see its fleet more than halved due to regulatory restrictions on the deal.

December 6, 2017

European Commission gives the green light to COSCO Shipping’s bid to take over Orient Overseas (International) Limited.

December 5, 2017

U.S. trade deficit widened in October largely because of a slowdown in exports and an increase in imports of oil and other foreign goods, which could drag down the country’s growth at the end of 2017.

December 5, 2017

Even with a mild sequential decline, non-manufacturing activity in November remained strong, according to the new edition of the Non-Manufacturing Report on Business issued today by the Institute for Supply Management (ISM).

December 5, 2017

Canada’s trade deficit with the rest of the world shrank significantly in October, as exports rebounded after four straight months of declines. Meanwhile, imports fell to their lowest level in nearly a year.

December 5, 2017

Port industry sources said that a potential sale of the two facilities was beset by regulatory problems.

December 4, 2017

The Directors of five regional Maritime Technology Cooperation Centres signed a Memorandum of Understanding to establish the network with centers in Africa, Asia, the Caribbean, Latin America and the Pacific.

December 3, 2017

The nation anticipates that it will become a key transit route to land-locked Afghanistan and Central Asia and enable more Indian commodities to be exported to Russia.

November 30, 2017

A law banning slave-made goods from entering the United States has failed, lawmakers and advocates said, as they push border authorities to step up inspections of suspicious shipments.

November 29, 2017

Faulty or badly maintained units can have as serious ramifications, and industry organizations are calling for effective interaction between the shipper and container operators.