Global Economy/Trade News

  23 Aug 2017
CMA CGM, the third largest container shipping company, is taking part in the first ever New York Shipping Exchange (NYSHEX) fundraiser, the first digital marketplace for ocean freight contracts

  23 Aug 2017
CMA CGM Theodore Roosevelt squeezed through the new Panama Canal Locks, becoming the largest ever container vessel to do so

  23 Aug 2017
OOCL has christened the second of the six 21 thousand TEU class vessels on order at the Samsung Heavy Industries shipyard on Geoje Island in South Korea

  22 Aug 2017
CMA CGM has placed its order for the next biggest containerships in the world with China’s Hudong Zhounghua Shipbuilding and Shanghai Waigaoqiao Shipbuilding

  22 Aug 2017
Japan’s government has agreed to provide a low-interest loan to build a new Cambodian container terminal as part of an expansion project for Sihanoukville Autonomous Port (PAS)

  22 Aug 2017
Mohammed Juma Al Shamisi, CEO of Abu Dhabi Ports has explained how Khalifa Port Container Terminal plans to grow with demand to reach a capacity of 15 million TEU and handle 35 million tons of general cargo

  21 Aug 2017
Elon Musk, founder of Artificial Intelligence (AI) research sharing platform OpenAI and 118 other experts in the field have called for an autonomous weapons ban while UN deliberations on the matter dither.

  21 Aug 2017
Intermodal projects springing up in Malaysia may present competition for Singapore as a top regional port in Southeast Asia

  21 Aug 2017
AP Moller-Maersk has agreed to sell French oil major Total its oil & gas division for US$7.45 billion, aiming to focus core container shipping businesses.

Icebreaker towing cargo ship through thick ice-field   21 Aug 2017
Hyundai Merchant Marine, South Korea’s largest container carrier, is seeking to sail through Arctic Ocean routes north of Russia as early as 2020

  18 Aug 2017
Container throughput at 250 ports around the world grew by an estimated 6.7% in the first half of 2017

  18 Aug 2017
Tripoli Port on the Lebanon-Syria Border stands to add volumes to make up for Syrian ports amid a post-war construction boom

  17 Aug 2017
DP World London Gateway has reported that its receiving strong interest from hauliers for the remaining 5.5 acres of facilities available for lease at the deep-sea port and logistics park

View at the Marina Bay district in Singapore during the afternoon with the iconic landmarks of The Helix Bridge, The Marina Bay Sands and The ArtScience Museum   17 Aug 2017
Singapore's non-oil domestic exports in July rose from a year earlier for a third straight month, supported by strength in electronics exports

  17 Aug 2017
State-run China Merchants Port Holdings (CMPH) has officially entered into a contentious deal, a 99-year concession agreement to operate and develop Hambantota Port in Sri Lanka that some say makes it the unofficial owner of the port.

  17 Aug 2017
Milaha, a Qatar-based maritime and logistics conglomerate, has continued to extend its international reach after launching its first ever direct feeder service between Qatar and Kuwait

  15 Aug 2017
HSBC, the world’s leading trade finance bank, is working with IBM to develop a cognitive intelligence solution combining optical character recognition with advanced robotics to make global trade safer and more efficient for thousands of businesses...

  15 Aug 2017
IBM has made waves with the blockchain transaction data service after signing an Memorandum of Understanding (MoU) with ocean shipping carrier Pacific International Lines (PIL) and port group PSA International (PSA) — two key players linking...

  15 Aug 2017
Hamburger Hafen und Logistik AG (HHLA), an operator of three container terminals at the Port of Hamburg, recorded significant year-on-year growth in its key performance indicators in the first half of 2017

  15 Aug 2017
Simon Everett, Managing Director at Strainstall, has discussed the Safety of Life at Sea (SOLAS) Verified Gross Mass (VGM) rules with Port Technology in further detail