News

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

January 17, 2018

Since Congress implemented the modern budget process in the mid-1970s, there have been 18 gaps in government funding, only three of which had a significant impact.

January 16, 2018

A.P. Moller-Maersk is teaming up with IBM to create an industry-wide trading platform it says can speed up trade and save billions of dollars.

January 15, 2018

Turkey has released the finalized route for a second shipping channel between the Black Sea and the Sea of Marmara, parallel to the Bosporus Strait.

January 15, 2018

Supply chain efficiencies, new technology use and terminal upgrades cited as reasons for 9.3 million TEU milestone

January 14, 2018

Port of Amsterdam has decided to reduce shipping emissions and minimize the environmental impact in the coming years.

January 14, 2018

A new cost analysis from the International Renewable Energy Agency (IRENA) predicts that all renewable energy technologies will be able to compete with fossil fuels on price by 2020.

January 12, 2018

Transport Canada has introduced new Arctic Shipping Safety and Pollution Prevention Regulations which incorporate the Polar Code into Canada’s domestic legislation.

January 10, 2018

Hong Kong-listed Cosco Shipping Development is planning to establish a shipping fund with China Cinda Asset Management Co., Ltd.

January 10, 2018

To encourage very large crude carriers (VLCCs) to opt for the Suez Canal rather than sail around the Cape of Good Hope, the Suez Canal Authority decided to extend the toll benefits for the sector until the end of the year.

January 10, 2018

As part of its Environmental Recognition Program, the Panama Canal recently unveiled a new carbon calculator to centralise emissions data and incentivise the industry to reduce its carbon footprint.