News

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

November 8, 2018

press release

BDP is the first freight forwarder in our industry to offer international shipment tracking through the use of Alexa technology

November 7, 2018

The decision on whether to invest in scrubber technology on containerships, ahead of the IMO’s 0.5% sulfur cap on 1 January 2020, has resulted in ocean carriers adopting a “polarised” approach, according to an Alphaliner survey.

November 7, 2018

American businesses paid an "unprecedented" $4.4 billion in tariffs in September 2018, according to data collected from Tariffs Hurt the Heartland, a nationwide campaign against tariffs.

November 6, 2018

A Brexit deal is close but not yet done due to differences over the Irish border, Britain and the European Union said on Tuesday as sterling see-sawed on contrasting perceptions of how hard it will be for Prime Minister Theresa May to clinch an agreement.

November 6, 2018

American sanctions on Iran took full effect once more on Monday, and the U.S. Treasury Department has published a new list of blacklisted Iranian entities. The government-owned Islamic Republic of Iran Shipping Lines (IRISL) and the National Iranian Tanker Company (NITC) appear prominently, along with their vessels and subsidiaries.

November 5, 2018

The Indian government raised import duties on a range of items to curb widening current account deficit (CAD) and stabilize the rupee.

November 5, 2018

The Chinese government has announced a new policy to help foreign trade firms see additional benefits from the tax rebate and better prepare against external risks. According to the notice of Finance and Taxation (2018) No.123, this update went into effect on November 1st.

November 5, 2018

The International Transport Forum has released a report The Impact of Alliances in Container Shipping highlighting the link between alliances and overcapacity, declining schedule reliability and longer waiting times.

November 5, 2018

The first China International Import Expo gathered 2800 companies from over 130 countries and regions to meet with over 150,000 buyers in Shanghai from Nov 5 to 10, 2018. This event is now anticipated as an annual event that provides success initiatives and strong performance, according to Chinese President Xi.

November 4, 2018

Qingdao Port Authority recently announced that Qingdao Port (including QQCT and QQCTU) would resume the operations for dangerous cargoes in DG Classes 2,3,4,5 and 6 beginning October 29, 2018. These classes were previously forbidden since August 15, 2017.