News

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

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hamburg ship vessel

December 6, 2017

Hamburg Süd fleet could be halved as Maersk faces up to takeover conditions

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.

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containers in yard

December 5, 2017

Canada exports rebounded in October after four-month losing streak

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.

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Stock market monitor

December 5, 2017

Export growth stalled in October, potentially dragging down GDP

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.

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Warehouse Image

December 5, 2017

Despite decline, non-manufacturing sector still on growth path, reports ISM

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).

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port 15

December 5, 2017

APM Terminals backs off from selling facilities at Pipavav Port, JNPT

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

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