Chinese officials are highlighting the launch of the first of a new generation of highly energy-efficient inland cargo ships. The vessels feature a standardized design for mass production and will be the leaders in the modernization of China’s inland operations. The...
Timed to coincide with tomorrow’s celebration of Ukrainian Independence Day and to support the G7 initiatives, the United States today announced one of its broadest and most comprehensive sanction packages targeting the Russian economy and companies ranging from China...
In a rare move, Mozambique is planning to lease part of its northern port of Nacala to neighboring landlocked Malawi. The deal seeks to boost trade ties between the two countries. To formalize the initiative, Mozambican President Filipe Nyusi and his Malawian...
Globally port workers have expressed their frustrations during contract negotiations and called for significant wage increases after working through the pandemic to keep global commerce functioning. The latest problems emerged in India where the six labor unions that...
Defying forecasts of a potentially slowing U.S. economy, the ports of Los Angeles and Long Beach each had record volumes in July in part as imports accelerated to avoid potential disruptions due to the Red Sea as well as a possible fall port strike on the U.S. East...
Two years after Germany rushed to launch its first onshore LNG import terminals, the operators are struggling to gain the upper hand in the market as they move from temporary operations toward the future energy markets. The operator of the first terminal opened at...
