Transportation Infrastructure Marine Ports and Services

  • SAVANNAH, Ga.— Georgia will need to replace the Eugene Talmadge Memorial Bridge that spans the Savannah River in the next decade to make room for larger cargo ships to sail beneath the span to reach the Port of Savannah, the state's top ports official said Thursday. Griff Lynch, executive director of the Georgia Ports Authority, broke the news in his annual "State of...

  • ADDIS ABABA, Ethiopia— Djibouti is escalating a dispute with global port operator DP World by nationalizing the majority shares in the Doraleh Container Terminal. DP World then went to the London Court of International Arbitration. The statement says DP World now can deal with Djibouti's government alone on the joint venture issue.

  • ZEEBRUGGE, Belgium— With arms flailing and raised voices, a shipping manager and a customs chief in the Belgian port of Zeebrugge talk through all the things that could go wrong if the Brexit talks fail. Not since the 1970 s have port towns like this had to deal with customs in their massive trade with Britain, and that could change on Brexit day on March 30, 2019.

  • Boat exports in trouble from retaliatory tariffs

    CNBC's Contessa Brewer reports on the boating industry and how retaliatory tariffs could increase the cost of yacht exports.

  • LONDON, Aug 15- Tough new rules on marine fuel are forcing shipowners to explore liquefied natural gas as a cleaner alternative and ports such as Gibraltar are preparing to offer upgraded refueling facilities in the shipping industry's biggest shake-up in decades. To scoop up some that market, the British territory of Gibraltar is in the process of launching...

  • HOUSTON, July 20- Italy's imports of U.S. crude oil vaulted to a record in June after attacks by armed groups shuttered two major Libyan oil ports and cut off most deliveries from the OPEC country, a key supplier to Europe, according to Thomson Reuters trade flow data and shipping intelligence firm Kpler. Eight vessels left the U.S. Gulf Coast for Italy last month...

  • There's a limit to how much Keppel can divest: Analyst

    Singapore-based Keppel Corporation is trying to prop up earnings through divestment, but there's a limit to how much its can rely on that strategy, says Foo Zhiwei at UOB Kay Hian.

  • LONDON, July 18- A giant vessel docked at the port of Moheshkhali in Bangladesh two months ago, propelling the populous but poor nation into the fast-expanding club of liquefied natural gas buyers. But the young FSRU industry has been beset by more project delays than successes in the past 12 months as fluctuating energy prices, shipping rates, government...

  • LONDON, July 18- A giant vessel docked at the port of Moheshkhali in Bangladesh two months ago, propelling the populous but poor nation into the fast-expanding club of liquefied natural gas buyers. But the young FSRU industry has been beset by more project delays than successes in the past 12 months as fluctuating energy prices, shipping rates, government...

  • President Donald Trump's threat to impose more tariffs on Chinese goods, and the jump in imports from the country was likely because of "pre-emptive buying in anticipation of the tariffs", said Ben Hackett, founder of international maritime consultancy Hackett Associates. The volume of loaded shipping containers from China to all U.S. ports was up 6.3 percent...

  • President Donald Trump's threat to impose more tariffs on Chinese goods, and the jump in imports from the country was likely because of "pre-emptive buying in anticipation of the tariffs", said Ben Hackett, founder of international maritime consultancy Hackett Associates. The volume of loaded shipping containers from China to all U.S. ports was up 6.3 percent...

  • President Donald Trump's threat to impose more tariffs on Chinese goods, and the jump in imports from the country was likely because of "pre-emptive buying in anticipation of the tariffs", said Ben Hackett, founder of international maritime consultancy Hackett Associates. The volume of loaded shipping containers from China to all U.S. ports was up 6.3 percent...

  • Rep. Dan Newhouse, R-Wash., picks apples on his farm. He wrote in April: 'When it comes to a trade war that exposes agriculture producers in Central Washington and elsewhere, farmers need a quick solution.'

    Washington state, home to corporate giants like Boeing and Amazon, also has a huge agriculture industry, and those farm workers will suffer in a trade war, says Gov. Jay Inslee.

  • Driving California's Highway 58

    CNBC analyzed the latest government data to measure every state’s roads, bridges, airports, rail networks, ports, water utilities, even the time it takes to commute to work. See which 10 are have the best infrastructure in the nation.

  • Shipping ports prepare for trade war impact

    Mario Cordero, Port of Long Beach executive director, discusses the trade war's potential impact on his port, which receives the most shipments from China.

  • June 27- Tariffs on U.S. imports of Chinese goods imposed by the Trump administration could hit up to 15 percent of goods moving through the Port of Los Angeles once they go into effect, the port's executive director Gene Seroka told Reuters on Wednesday. Seroka said in a telephone interview that according to his data, imports from China coming through U.S. ports...

  • Japanese retail investors are snatching up shares of the firms that may benefit from a potential thaw between Tokyo and Pyongyang, even though the Japanese government has been a staunch supporter of "maximum pressure" on North Korea. The firm is based in the port city of Niigata, a major hub for trade with the areas surrounding the Sea of Japan, such as Russian Far...

  • Tankers waiting to load more than 24 million barrels of crude, almost as much as state producer PDVSA shipped in April, are sitting off the OPEC member's main oil port, according to shipping data. "Troubles over supply from Venezuela come at a time when OPEC is considering easing supply cuts which have been in place since 2017 and were implemented to support the...

  • Tankers waiting to load more than 24 million barrels of crude, almost as much as state producer PDVSA shipped in April, are sitting off the OPEC member's main oil port, according to shipping data. "Troubles over supply from Venezuela come at a time when OPEC is considering easing supply cuts which have been in place since 2017 and were implemented to support the...

  • Tankers waiting to load more than 24 million barrels of crude, almost as much as state producer PDVSA shipped in April, are sitting off the OPEC member's main oil port, according to shipping data. "Troubles over supply from Venezuela come at a time when OPEC is considering easing supply cuts which have been in place since 2017 and were implemented to support the...