Port of Seattle
At the end of this month, the Port of Seattle will close its international office in Japan and end trade promotion contracts in other cities, in effect, closing offices in China, Japan, Hong Kong, Singapore and Korea. Charlie Sheldon, Seattle Seaport Director, says the Port will maintain strong relationships overseas and [...]
Washington apple exports topped 35 million cartons last year.
Despite a 5 percent decline in agriculture values from 2007 to 2008, Washington state’s exporting ability could help it pull out of the recession earlier than other states, state Department of Agriculture Director Dan Newhouse said this week. Three-quarters of agricultural products in the state [...]
Chinese banks should play a bigger role in helping the world’s shipping industry, stricken by record order books and in “desperate” need of capital, said an executive at Nordea Bank AB, the biggest loan coordinator. World shipyards have seen their order books double to about $350 billion this year from 2007, as bank loans shrank [...]