News

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

November 18, 2018

The European Union is hammering out the first bloc-wide rules to prevent foreign investments from threatening national security, as Chinese acquisitions foster political unease.

November 16, 2018

Tariffs are hurting back haul revenue out of the U.S., said COO Søren Toft, but with tariffs on $200 billion in imports from China set to increase from 10% to 25% on in January, carriers are bracing for volume dips.

November 15, 2018

In a joint announcement, A.P. Moller Maersk, CMA CGM, Hapag-Lloyd, MSC and Ocean Network Express (ONE) confirmed previously forecasted plans to form a global association of ocean shipping lines.

November 15, 2018

The draft treaty on the Brexit transition would keep the UK within the EU customs union until January 2021, and potentially longer; provide arrangements for UK and EU citizens to travel freely between Britain and the continent; bring an end to UK financial institutions' easy access to EU markets; and end the European Court of Justice's jurisdiction in the UK.

November 14, 2018

German Economy Minister Peter Altmaier pledged to shield his country’s auto industry from a trade war with the U.S. amid signs that President Donald Trump will hold off for now on car tariffs.

November 14, 2018

China’s stock-market slump and the fallout from a trade dispute with the U.S. are doing nothing to divert the country from plans to open up to foreign investors, according to MSCI Inc.

November 13, 2018

After months of stalled talks, false starts and setbacks, negotiators from Britain and the European Union struck a proposed divorce deal Tuesday to provide for the U.K.’s smooth exit from the bloc.

November 13, 2018

In a speech in Tokyo on Tuesday, International Chamber of Shipping chairmen Esben Poulsson pushed back against the Trump administration's tariff policies and emphasized the benefits of free commerce between nations.

November 13, 2018

Frontloading has been a part of the tariff conversation since the summer, but its effects remain far from clear.

November 12, 2018

At a time when geopolitical factors are exerting new and complex influences on energy markets, the World Energy Outlook 2018 published by the International Energy Agency (IEA) states that government policy will be critical to the future shape of the energy sector.