begin to collect the additional duties on the Chinese imports on August 23, 2018. The move is part of the US response to Chinas trade practices related to the US-called forced transfer of American technology and intellectual
property. This is the second time the US has imposed tariffs on Chinese goods. On July 6, the US tariffs on USD 34 billion in Chinese products, containing mostly machinery and electronics, took effect.
Singapore, International Container Terminal Services Inc, Patrick Terminals, Modern Terminals in Hong Kong, Port of Halifax, Port of Rotterdam, Port of Bilbao, PortConnect, PortBase and terminal operators Holt Logistics at the Port of Philadelphia. They join
the global APM Terminals’ network in piloting the solution at over 230 marine gateways worldwide.
uncertainty over the cargos fate offered a timely reminder of the fallout from a dispute that intensified on Wednesday, as the US president, Donald Trump, unveiled a second round of tariffs on $16bn of Chinese goods, prompting Beijing to respond in kind. The
Peak Pegasus, a 229 metre bulk carrier weighing 43,000 tonnes, has become the reluctant symbol of the potential consequences of this tit-for-tat trade spat.
Europe-Africa trade experienced the largest decrement in reliability, dropping by 15.6% from 60% in May 2018 to 44.4% in June 2018. The Europe-Oceania trade experienced the largest improvement in reliability, surging by
24.2%, from 47.4% in May 2018 to 71.6% in June 2018, while the Europe-Middle East trade succeeded in maintaining the highest reliability among the 13 trades.
entire 11-person crew, all from Montenegro, was arrested for international drugs trafficking, Italys finance police said in a statement. The research and survey vessel Remus left the Canary Islands bound for Egypt and
Turkey, but police surveillance showed it had turned off its position transmitter near the coast of North Africa, raising investigators suspicions.
on vessel performance warns voyage intelligence and insight specialist StratumFive. As vessel performance optimisation becomes increasingly more sophisticated, ship owners and operators have access to a far broader range of technologies,
datasets and potential avenues for optimisation than ever before, but could be left missing the point.
of neighboring Eritrea, a longtime pariah state that could soon regain access to global commerce. Eritrea won its independence from Ethiopia in 1991, and it remained in a permanent "state of war" with its former occupier until
this July, when Ethiopian Prime Minister and Eritrean President Isaias Afwerki signed a landmark peace agreement.
with the support of major shareholder Goldilocks Investment. In the revised deal, shareholders will receive 20% of the equity in the new restructured company, which will form a strategic partnership with the parent company
of Goldilocks, Abu Dhabi Financial Group.
were sustained. The fishing vessel has reported sustaining hull damage. All relevant authorities have been notified and the incident has been reported to the vessels P&I Club, insurers and flag state, Maersk Line confirmed to World Maritime News in an emailed
statement. The fishing vessel, identified as Le Puffin, reportedly had five crew members on board, who were picked up by the ship after the incident.
is one of only four companies to have received the funding, following a Call-For-Proposal (CFP) by the Civil Aviation Authority of Singapore (CAAS) and the Ministry of Transport, it said in a press release. The CFP aims to support the development of systems
and technologies to enable innovations within the wide-ranging use of UAS.
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