News

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

January 7, 2019

Chinese and U.S. teams ended trade talks in Beijing on Wednesday that lasted longer than expected and officials said details will be released soon, raising hopes an all-out trade war that could badly disrupt the global economy can be avoided.

January 7, 2019

MSC said it was committed to the North Sea clean up and would fund the efforts "until the last container is found," according to a press release published Saturday. The carrier contracted Ardent Global to facilitate the efforts.

January 4, 2019

German shipping line Hapag Lloyd said on Friday that it was trying to extinguish a fire on its Yantian Express container vessel off Canada’s east coast but was being hampered by bad weather.

January 4, 2019

U.S. manufacturing is starting to show signs of slowing amid the current U.S. trade war with China, according to industry respondents featured in the Institute for Supply Management's (ISM) December manufacturing report.

January 2, 2019

China's coastal cities host some of the busiest seaports in the world, moving tens of millions of TEUs each year. Booming shipping, manufacturing and populations along the Pacific coast, however, have created a shortage of space, and now a great deal of logistics development is moving inland.

January 2, 2019

A landmark 11-country trade deal, a revamped version of the Trans-Pacific Partnership (TPP), came into force on Sunday with New Zealand’s trade minister hailing the opportunities it presented for exporters.

January 2, 2019

After an active 2017 when the Port of Los Angeles moved the equivalent of 9.3 million shipping containers — an all-time high for the facility — a busy December has put it on track to report another record year in 2018, according to Sanfield. Traffic at the Port of Long Beach increased more than 7.3 percent through November, on pace to surpass the record 7.5 million containers it handled last year.

January 2, 2019

2018 looks set to be a record year for the Port of Antwerp for the sixth time in a row, with growth in all types of cargo and a recent wave of investments. This confirms the port’s attraction and further establishes its position as a world-class player that is also home to the largest integrated chemical cluster in Europe.

January 2, 2019

Theresa May will present MPs with new “clearer language” on the nature of the backstop agreement, the foreign secretary, Jeremy Hunt, has claimed, as the prime minister held telephone talks with the German chancellor and other EU leaders.

January 2, 2019

The Dutch Coastguard has issued a navigational warning after an ultra-large containership lost scores of containers while underway in the North Sea. The ship, MSC ZOE, was in German waters when it lost the containers in heavy seas between Vlieland, Netherlands and the German Bight in the southeastern North Sea on New Year’s Day.