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The world’s first fully electric, emission-free and potentially crewless container barges are to operate from the ports of Antwerp, Amsterdam, and Rotterdam from this summer.
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The Port of Shanghai is already the busiest for container traffic in the world, handling a record 37 million TEU in 2016, and the new automated Phase IV terminal will cement its leading position with an additional seven berths and 4-6 million TEU of capacity.
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Danish container shipping giant Maersk Line has cemented its spot as the global leader in the sector with the latest acquisition of German carrier Hamburg Süd.
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Trade growth is likely to slow further into the fourth quarter of 2018, according to the WTO’s latest World Trade Outlook Indicator.
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BDP International is actively monitoring the situation with the Wuhan coronavirus including its potential impact to operations.
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China will provide $60 billion in government assistance and investment to Africa, Chinese President Xi Jinping announced at the 2018 Beijing Summit.
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Airfreight growth was pegged back to 9.2% in September, its slowest rate for five months, but is still outstripping the increase in capacity said IATA in its latest monthly forecast.
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The containership YM Efficiency, which lost over 80 containers in inclement weather conditions off Australia, docked at a terminal in Sydney on June 6.
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The Australian Transport Safety Bureau has released its preliminary investigation report into the loss of containers overboard from the container ship YM Efficiency, off Newcastle, New South Wales, Australia last month.
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Michael Ford, VP of Government and Industry Affairs, offers some key points and potential outcomes as it relates to the U.S. Senate's vote on the Miscellaneous Tariff Bill.