Spot freight rates on the trans-Pacific and Asia-Europe trade lanes may not recover to sustainable levels from their three-month long slide until the peak season demand in the third quarter of this year, according to BIMCO, the...
Read MoreThe Oregon International Port of Coos Bay will expedite repairs to its rail line between Eugene and the North Spit to accommodate a ‘wood-products-related” customer that asked to have the line open by June 20. Port...
Read MoreThe governments of Peru, Colombia, Chile and Mexico will sign the Pacific Agreement on Thursday in Lima, through which they seek to deepen their integration and expand into new markets. According to Jose Morales Dasso, president...
Read MoreRates for panamaxes, the largest coal and iron-ore carriers to pass through the Panama Canal, may jump about 55 percent as Japan buys more raw materials to generate power and rebuild after its worst-ever earthquake. Japan may...
Read MoreGoa State Pollution Control Board (GSPCB) has asked the two main ports in the state not to allow the ships arriving from Japan to de-ballast the water, in view of the fears of radiation leaks in that country. GSPCB has issued...
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