• U.S. Importers Tap Vietnam At China’s Expense May 02,2019

  Vietnam was one of the fastest-growing sources of American imports from Asia last quarter,and could potentially overtake the U.K.as a more significant supplier to the U.S.if it keeps up that pace.Imports from the Southeast Asian economy jumped 40.2%in the first three months of 2019 from a year earlier,while o... [learn more]

• Singapore Says TPP, Born Again As CPTPP, Is Now Headed For Adoption Apr 20,2019

  The 11 remaining members of a Pacific trade pact abandoned by the US have agreed on a revised agreement,with the nations to work toward signing the deal by early March,according to the Singapore Government.A communique from Singapore's trade ministry said outstanding issues had been resolved,suspended pro... [learn more]

• MOL Announces December Rating Of Tts Key Performance Indicators Apr 01,2019

  Japanese shipping giant MOL Liner has announced its December results of Regional Key Performance Indicators(KPI)in Asia.The KPI ratings cover operations,such as in-terminal truck turn times,customer service,documentation accuracy,lost calls and electronic data interchange(EDI)failures.Throughout the month MOL... [learn more]

• CMA CGM Boxship Refueled with Sustainable Marine Biofuel in Rotterdam Port Mar 25,2019

  The 5,095 TEU containership CMA CGM White Shark was successfully refueled with sustainable marine biofuel oil while calling at Rotterdam on March 23,2019.The test,announced earlier this month,is said to represent a major step towards the decarbonization of ocean freight.The biofuel trial saw French shipping c... [learn more]

• MSC Eyes Contship’s Share in Medcenter Container Terminal Mar 18,2019

  Swiss Mediterranean Shipping Company is looking to purchase a share in Medcenter Container Terminal from Italian terminal operator Contship Italia.The parties have entered into negotiations for the transaction of Contship Italia’s 50%shares in CSM Italia Gate,the company that controls MCT,which is t... [learn more]

• HMM: We Have Nothing to Do with Long Beach Container Terminal Acquisition Feb 26,2019

  South Korean shipping company Hyundai Merchant Marine(HMM)is not interested in the purchase of the California-based Long Beach Container Terminal(LBCT),the company confirmed to World Maritime News.China’s COSCO Shipping Holdings is selling the terminal as part of the company’s USD 6.3 bill... [learn more]