News

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

September 20, 2018

The Federal Maritime Commission (FMC) began "Phase II" of an investigation into detention and demurrage practices within the supply chain, which will conclude with a final report on Dec. 2, 2018.

September 19, 2018

The World Bank and China have held talks on how they can finance projects in Africa together, the lender’s vice president for the continent said.

September 19, 2018

The US and China have added new items to their existing punitive tariff lifts, set to take effect on September 24.

September 18, 2018

EIA projects that OPEC net oil export revenues will increase to $736 billion in 2018, up 30% from 2017. This expected increase follows higher forecast annual crude oil prices in 2018.

September 18, 2018

In retaliation for the latest round of tariffs, China will place tariffs on $60 billion worth of imports from the U.S. beginning Sept. 24, according to Reuters. The rates will be 5% or 10%, depending on the product.

September 17, 2018

Two North Carolina ports are damaged enough to delay reopening in the wake of Hurricane Florence, according to an advisory from the North Carolina Ports Authority (NCPA), issued Sunday afternoon.

September 17, 2018

A no-deal exit from the European Union could limit the opportunities for UK seafarers, according to details shared by the UK Government.

September 17, 2018

Trucking shipments ticked down again in August since spiking in May, while still posting 6% year-over-year growth according to the Cass Freight Index.

September 16, 2018

Florence, a onetime hurricane that weakened to a tropical depression by Sunday, dumped up to 40 inches of rain on parts of North Carolina since Thursday, and continued to produce widespread heavy rain over much of North Carolina and eastern South Carolina.

September 14, 2018

Hong Kong is preparing for Super Typhoon Mangkhut, predicted to make landfall this weekend. It may be the strongest ever tropical storm to lash the city in decades, the Xinhua news agency reported.