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Transportation Infrastructure Marine Ports and Services

  • Shipping containers with fog, deal fading, trade

    Trade ministers huddling on the sidelines of APEC are faced with tough challenges in resurrecting TPP since Trump ditched it.

  • MADRID— Spain's parliament has approved a government bill to liberalize the country's port operations and avoid hefty European Union fines, but dockworker unions have threatened to oppose it with strikes. Dockworker unions have threatened to begin strikes over three weeks on May 24 if jobs are threatened. Spain had faced accumulated fines of around 25...

  • Deal visited Savannah as dockworkers were unloading the COSCO Development, a massive vessel capable of carrying 13,000 cargo containers measuring 20- feet-long apiece. Like other East Coast ports, Savannah is racing to deepen its 39- mile shipping channel so similar big ships will fit at lower tides even when fully loaded. Mackie McIntosh, the Corps' chief of...

  • TIANJIN, China/ BEIJING, May 11- On a recent visit to the area around Tianjin Port Co Ltd, there were more than one hundred empty trucks parked at the coal storage centre run by Ningdong Logistic Co.. It is a sign that Beijing's years-long war on pollution is disrupting the logistics of the market for coal- one of China's crucial commodities- as well as the lives of what...

  • Port of Corpus Christi: America's energy hub

    Port of Corpus Christi CEO John LaRue discusses the new petrochemical plant venture at the Texas port and how it will effect the U.S. economy and energy sector.

  • April 27- Shares of port-operator Westshore Terminals Investment Corp recovered some lost ground on Thursday after dropping sharply a day earlier on news British Columbia had urged the government to ban U.S. coal exports from provincial ports in a trade spat. In a letter to Prime Minister Justin Trudeau on Wednesday, British Columbia Premier Christy Clark...

  • April 27- Shares of port-operator Westshore Terminals Investment Corp recovered some lost ground on Thursday after dropping sharply a day earlier on news British Columbia had urged the government to ban U.S. coal exports from provincial ports in a trade spat. In a letter to Prime Minister Justin Trudeau, British Columbia Premier Christy Clark had asked the...

  • NEW YORK, April 26- The first ever reported export of North Dakota's crude oil to Asia left port last month, according to a shipping document seen by Reuters on Wednesday, in what is expected to be the first of numerous cargoes once the key Dakota Access pipeline starts moving oil in May. Swiss-based Mercuria Energy Trading S.A. loaded more than 600,000 barrels of...

  • NEW YORK, April 26- The first ever reported export of North Dakota's crude oil to Asia left port last month, according to a shipping document seen by Reuters on Wednesday, in what is expected to be the first of numerous cargoes once the key Dakota Access pipeline starts moving oil in May. Swiss-based Mercuria Energy Trading S.A. loaded more than 600,000 barrels of...

  • NEW YORK, April 26- The first ever reported export of North Dakota's crude oil to Asia left port last month, according to a shipping document seen by Reuters on Wednesday, in what is expected to be the first of numerous cargoes once the key Dakota Access pipeline starts moving oil in May. Swiss-based Mercuria Energy Trading S.A. loaded more than 600,000 barrels of...

  • SHANGHAI, April 21- The world's busiest container port, Yangshan in China's business hub of Shanghai, is battling severe congestion wrought by dense fog, higher-than-usual volumes and the aftermath of a shake-up in shipping alliances, ocean carriers and port officials say. "We are making efforts to adjust and coordinate the entire port's resources and making...

  • BUENOS AIRES, April 20- Port workers in Argentina's main grains hub of Rosario will hold flash protests and block access gates over the weeks ahead as part of wage negotiations in which they are demanding a 40 percent pay increase, a union leader said on Thursday. A spokesman for Argentina's port operators' chamber could not be reached for comment.

  • SABETTA, Russia, March 30- An ice-breaking tanker docked for the first time at Russia's Arctic port of Sabetta to test a new route that could open the ice-bound Arctic Ocean to ships carrying oil and liquefied gas. The route is eagerly anticipated by energy firms that want to develop resources in the Arctic but face obstacles in getting oil and gas from remote and...

  • SHANGHAI, March 29- China and Hong Kong stocks rose on Wednesday as further signs of a pick-up in global trade boosted shares of port operators and shipping companies, offseting concerns about fresh property market cooling measures. China's blue-chip CSI300 index rose 0.3 percent to 3,479.14 points by the lunch break, while the Shanghai Composite Index...

  • DUBAI, March 20- DP World, an operator of ports from Algeria to Peru, is optimistic about growth in emerging markets, undeterred by U.S. The Dubai- controlled company's chairman said he expects growth in Latin America, Asia and Africa. DP World, one of the world's largest port operators, will spend $1.2 billion this year, adding capacity at its flagship Jebel Ali port in...

  • SANTOS, March 14- A new terminal near completion in Latin America's largest port in Santos, Brazil, is expected to add an extra 20 percent to its grains and sugar capacity, boosting shipping services just as the country produces bumper crops. The timing could hardly be better as Brazil faces its largest ever crop of soybeans, sugar and corn amid problems with a key...

  • Pacific Northwest, sending freight rates soaring and prompting Asian buyers to seek fill-in loads as they wait for the backlog at ports to clear. The setbacks come at a critical time for U.S. exporters, who are trying to move as much grain as possible before buyers turn their attention to South America when corn and soybean harvests in Argentina and Brazil...

  • Pacific Northwest, sending freight rates soaring and prompting Asian buyers to seek fill-in loads as they wait for the backlog at ports to clear. The setbacks come at a critical time for U.S. exporters, who are trying to move as much grain as possible before buyers turn their attention to South America when corn and soybean harvests in Argentina and Brazil...

  • JAKARTA/ SINGAPORE, Feb 8- Road blockages and bad weather in Kalimantan on the Indonesian side of Borneo island are being blamed for a disruption of coal supplies from one of the world's most important export regions. "The area most affected is getting coal down the Barito River to coastal ports like Taboneo," said one coal barge shipper from Kalimantan, speaking on...

  • JAKARTA/ SINGAPORE, Feb 8- Road blockages and bad weather in Kalimantan on the Indonesian side of Borneo island are being blamed for a disruption of coal supplies from one of the world's most important export regions. "The area most affected is getting coal down the Barito River to coastal ports like Taboneo," said one coal barge shipper from Kalimantan, speaking on...