The United States Department of the Treasury has placed sanctions on two subsidiaries of Chinese state carrier COSCO after it allegedly breached sanctions placed on Iran.
CMA CGM, the fourth-biggest container shipping line in the world by market share, enjoyed growth in volume, revenue and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) in the second quarter of 2019 despite global uncertainty.
China decision to file an official complaint with the World Trade Organisation (WTO) over new tariffs from the United States (U.S.) on Chinese products is mostly a symbolic attempt to gain "moral high ground by supporting the international trading system amid the ongoing trade war", said South China Morning Post quoting analysts.
The Federal Maritime Commission (FMC) has approved a joint venture between two adjacent terminals at the Port of San Juan, Puerto Rico, despite being concerned about its effect on the market place.
The Port of Long Beach has awarded approximately US$1.3 million to 16 proposed projects to improve air quality and energy efficiency at facilities used by the public.
The South Carolina Ports Authority (SCPA) has recorded its busiest July in Port history at container terminals and inland ports, as it began the new fiscal year strongly.
Authorities in the UK have seized almost USD$50 million of heroin hidden in a container at the Port of Felixstowe in one of the biggest drug busts the country has seen. According to multiple reports, which cite the National Crime Agency (NCA), the 400kg haul was discovered hidden under towels and bathrobes when Border Force […]
The Port of Virginia has completed its milestone US$320 million expansion of the Virginia International Gateway (VIG) container terminal, a key part of the Port’s broader $700 million plan to accommodate the world’s largest ships.
Drone footage has emerged of the Iranian Revolutionary Guard (IRG) circling the Stena Impero, the British-flagged tanker seized in the Gulf on July 19, 2019.
APM Terminals (APMT) has reportedly reached an agreement with the dockworkers’ union concerning the Port of LA’s Pier 400 automation plan, according to multiple reports.