P&O Ferries, Norfolkline and SeaFrance have threatened Dover Harbour Board (DHB) with legal action after it increased ferry charges on the grounds that it needs to develop a new terminal, but they claim it will actually use the cash to reduce its pension deficit.
China Shipping and three non-vessel-operating common carriers (NVOCCs) have agreed to pay the US Federal Maritime Commission (FMC) US$625,000 in penalties for violations of the Shipping Act.
The marine sector received a shot in the arm with news that a concession on port dues is to be extended by six months, the Straits Times reported.
Looking to spur the economy and ease joblessness by doubling US exports over the next five years, US President Barack Obama is ordering federal agencies to zero in on export promotion, expanding trade-finance opportunities for small- and medium-sized businesses, and moving to overhaul an outdated export-control system, Dow Jones reported.
The volume of import cargo at major retail container ports is expected to surge 13 percent in March from the same month last year, the National Post reported.
A strike by Finnish warehousing and forwarding staff due to start today has been cancelled.
The UK government's decision to charge business rates backdated to 2005 to port-based businesses is one of the major hurdles facing port-centric operations, according to infrastructure investor BNP Paribas.
After weathering the financial and economic crisis that crippled global trade, the Panama Canal expects to see a modest rise in revenue this year as the recovery takes time to filter through to the shipping industry, Dow Jones reported.
Traffic handled at major ports in India saw a growth of 5.5 percent in the April 2009-February 2010 period, compared with the corresponding period a year ago, signalling a gradual revival in exports as the world economy began easing itself out of the financial meltdown, Financial Express (India) reported.
Otago Regional councillors earlier in the week voted to consult the public over a possible merger between Port Otago and Lyttelton Port, despite deeming such a move to be insignificant, the Otago Daily Times reported.
Danish ro-ro operator DFDS is expecting "growth and progress" this year after a difficult 2009.
Container rates on services from Asia to Europe surpassed the average 2008 level for the first time in January, according to data from the European Liner Affairs Association (ELAA).
Total port cargo throughput in Hong Kong decreased by six percent in 2009 over a year earlier to 243 million tonnes - from this inward and outward port cargo dropped by five percent and nine percent to 139.3 million tonnes and 103.7 million tonnes respectively.
Cargo handling through ports in South Korea shot up in February, recovering to the volume shown before the economy was battered by the global financial crisis, Yonhap reported.
The Indian government has embarked on a plan to convert 12 major ports to corporate entities ¨C a move that would give these ports the much-needed freedom to set tariffs and compete with foreign and Indian private ports to which they are losing traffic, the Financial Express (India) reported.
China's costliest water transport project, a shipping channel dredging program to boost trade in the Yangtze River Delta area, is due to be completed in the middle of this month, Xinhua reported.
As the deadline for the scheduled commissioning of the Vallarpadam International Container Transhipmnt Terminal (ICTT) in June is getting closer, the Kochi port is considering a review of various charges it levies to create a level-playing field for developing the terminal as a transhipment hub, the Hindu Business Line reported.
Jawaharlal Nehru Port Trust (JNPT) is developing two new terminals as part of its business expansion plan.
The opportunity to increase South Mississippi's share of cargo to and from Central and South America was bolstered by Hurricane Katrina and should get another surge from the expansion of the Panama Canal, the Biloxi Sun Herald reported.
Import cargo volume at the United States' major retail container ports is expected to be up 13 percent in March compared with the same month a year ago, and double-digit increases are expected to continue through the summer as the US economy begins in improve, the Canada Business News Network reported.