U.S. Sen. Bernie Sanders (I-Vt.) issued the following statement Monday after the White House said President Donald Trump would withdraw the United States from the Trans-Pacific Partnership:
“I am glad the Trans-Pacific Partnership is dead and gone. For the last 30 years, we have had a series of trade deals — including the North […]
SeaLand is adding the Port of Hueneme as a port of call in its West Coast Central America route, which also includes relay carrier services in the Port of Los Angeles and ports in Mexico, Guatemala, Nicaragua, Panama, Ecuador, Chile and Peru.
The SeaLand route will be a weekly service arriving in Port Hueneme every […]
Alfred de Zayas said the TPP ”is fundamentally flawed and should not be signed or ratified unless provision is made to guarantee the regulatory space of States.”
The top United Nations expert on human rights has called on the 12 nations considering the Trans-Pacific Partnership to reject the massive trade agreement since in its current […]
APMT received its cranes at the Lazaro Cardenas terminal in October.
Port operator APM Terminals, part of Denmark’s A.P. Moller-Maersk, has dropped Mexico’s ICA construction firm from a $300 million port project after it ran out of cash and could not continue work, two people familiar with the matter said.
ICA, which has defaulted on […]
ICTSI’s first attempt at operating in the United States has resulted in crippling problems at Terminal 6 in Portland.
With 30 port concessions in 20 countries across six continents, International Container Terminal Services is the most globalized Philippine corporation by geographical scope.
Compared to its global peers, however, ICTSI still has a ways to go. […]
Bulk carrier Los Llanitos grounded by Hurricane Patricia off the Mexican Coast. Photo: fleetmon.com
From Vessel Finder:
On Saturday, October 24, the bulk carrier LOS LLANITOS ran aground on rocks near Punta Graham, Barra de Navidad, some 25 nautical miles north of Manzanillo, Mexico, Pacific coast.
The ship was pushed aground by Hurricane Patricia. […]
Major Mexican ports are reporting little damage in the wake of Hurricane Patricia.
Reuters reported the storm caused less damage than expected in Manzanillo, the country’s largest port and that the port reopened on Saturday afternoon.
Further to the south in Lazaro Cardenas, where APM Terminals has a large new facility under construction, all staff […]
Our thoughts are with the people of Mexico as they face this horrendous storm.
Translated from an article in El Financiero:
Because of the magnitude of Hurricane Patricia, at least 30 percent of the port of Manzanillo, Colima, will be damaged, estimated harbormaster Jaime Peña.
“The most vulnerable areas are the entrance where Pemex […]
The Diplomat holds development at the Port of Oakland as ‘evidence of China’s growing appetite for American agricultural products.’
Excerpts from The Diplomat:
From forks to iPhones to couches, “Made in China” products fill American stores. U.S. ports typically import far more from China than they export, but Oakland stands as a rare exception. […]
The U.S. brokered a historic accord Monday to ease trade in goods and services among a dozen Pacific-rim nations that make up about 40 percent of the world economy.
The Trans-Pacific Partnership, five years in the making, will now be subject to months of scrutiny by lawmakers that could yet derail it. Critics on both […]
Grup Maritim TCB terminal in Barcelona
A.P. Moeller-Maersk A/S’s terminal unit said Tuesday it agreed to buy a Spanish rival to expand its port network by almost 20 percent.
APM Terminals will pay an undisclosed sum for Barcelona-based Grup Maritim TCB, thereby adding 11 container terminals to its existing network of 63, the company […]
Trade ministers from 12 Pacific Rim nations negotiating the Trans-Pacific Partnership agreement posed for a group photo at a meeting in Lahaina, Hawaii on Thursday, July 30, 2015. From left, Singapore’s Minister for Trade and Industry Hng Kiang Lim, Peru’s Minister of Foreign Trade and Tourism Magali Silva, New Zealand’s Minister of Trade Tim […]
International Container Terminal Services Inc. said Thursday it acquired a Mexico-based container terminal operator for $55.4 million to expand its presence overseas.
ICTSI, the Philippines’ largest port operator controlled by businessman Enrique Razon, said it purchased 100 percent of Terminal Maritima de Tuxpan SA de CV from Mexico’s logistics and transportation company Grupo TMM SAB […]
An article titled ‘U.S. loses meat labeling case; trade war looms’ shows one of the many ways free trade agreements hurt consumers and farmers:
Consumer group Public Citizen pointed to a 2014 survey showing nine in 10 Americans supported the labeling rules.
Canada and Mexico are readying trade sanctions against the United States after […]