Dry bulk ocean carrier Jinhui Shipping of Hong Kong and Oslo has drifted into the red according to its third quarter results. Its nine-month results indicate the company may generate a loss this year.
The Canada Infrastructure Bank (CIB) said it will provide up to $300 million to finance a new container terminal the Montreal Port Authority plans to open downriver in Contrecoeur. CIB is a crown corporation, or government-owned lender, that says it “uses financial instruments including loans, equity, and where appropriate, loan guarantees to deliver federal support […]
Billions of dollars in fuel costs at stake for containership owners.
After all the trade turmoil, many legacy supply chains may still be in “wait-and-see” mode.
While Customs and Border Protection’s Automated Commercial Environment has automated much of the cross-border trade process, the U.S. export manifest process remains paper intensive and error prone.
HudsonAnalytix CEO recommends risk assessments and alleviation to protect ports, terminals and shipping lines from cyberattacks.
CNBC trade expert and author Lori Ann LaRocco says if trade talks were really progressing, U.S. exports to China would be ticking up, not down.
Container ship giant signs deal that will fuel LNG-powered ships on its Asia-Mediterranean service.
The EU is pushing to bring carbon pricing to shipping, but there are a lot more questions than answers.
Private equity-backed 3PL said deal comes as demand exceeds capacity in Northeast market.
Expanding truck appointment system and new lanes credited for fast moves as port readies for dredging
Port, engineering and property giant MMC shrugged off the trade war and economic headwinds to report massive increases in revenues and profits. Analysts issued a “buy” rating.
Integrated logistics provider and ocean carrier Harbour Link saw a boost in revenues but its costs grew too, causing its profits to weaken in the most recent quarter. A weak result in its ocean shipping division was a drag on profit as well.
Trade tensions look like they’ll get worse before they get better, a negative for ocean shipping demand.
Short-sea projects in Norway could lead to worldwide wave of crewless, emissions-free ships.
Brazil’s Vale has cut its iron-ore outlook for the first quarter, but revealed higher-than-expected projections for full-year 2020 and 2021.
PierPass says long late-afternoon queues at the entrance to container terminals om Los Angeles and Long Beach have been eliminated.
Expert explains why shippers based in the U.S. and beyond should prepare urgently for the worst-case scenario – a no-deal Brexit in 2020.
Darren Prokop writes about the benefits of economies of scale in maritime shipping; he also writes about the dangers of diseconomies of scale.
Maritime, air and overland trade routes into Europe are being piggybacked by criminal gangs deploying the latest digital supply chain technologies to help meet mushrooming demand for illegal drugs across the European Union (EU), according to a major new report examining the continent’s illicit drugs business. The 2019 EU Drug Markets Report by the EU […]
