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Transportation Infrastructure Marine Ports and Services

  • LIMA, Aug 16- Peru declared a 30- day state of emergency in a remote Andean region to end a protest by residents who have blocked a road used by miner MMG Ltd to move its copper concentrate to port for shipping, the government said on Wednesday. Residents in the area have refused to allow trucks from the Las Bambas mine transit a local road unless MMG or the government...

  • BOGOTA, Aug 14- Colombian holding company Grupo Argos has sold its 50 percent stake in a port operator to an investment fund administered by Goldman Sachs for about $136 million, Grupo Argos said in a statement on Monday. Compania de Puertos Asociados S.A., called Compas, moves principally coal and cement through its ports in the Andean country.

  • BEIJING, Aug 3- Xiamen in southern China will ramp up controls on shipping at its port ahead of a multilateral summit to be held in the city in early September. Xiamen is gearing up to hold the meeting of so-called BRICS nations that include Brazil, Russia, India and South Africa as well as China, in the three days up to Sept. 5. Xiamen is the eighth-largest port in China...

  • TORONTO/ FRANKFURT, Aug 3- The cyber attack that crippled Ukraine businesses and spread worldwide to shut down shipping ports, factories and corporate offices has taken a costly toll on the results of major U.S. and European companies in the latest quarter, with more to come. Six more major international companies, four based in Europe and two in Russia, which...

  • BEIJING, Aug 3- Xiamen in southern China will ramp up controls on shipping at its port ahead of a multilateral summit to be held in the city in early September. Xiamen is gearing up to hold the meeting of so-called BRICS nations that include Brazil, Russia, India and South Africa as well as China, in the three days up to Sept. 5. A Xiamen- based trader said the measures could...

  • TORONTO/ FRANKFURT, Aug 2- The cyber attack that crippled Ukraine businesses and spread worldwide to shut down shipping ports, factories and businesses has taken a costly toll on the results of major U.S. and European companies in the latest quarter, with more to come. Cadbury chocolate maker Mondelez and freight logistics company FedEx Corp are among five...

  • Why this is a big deal for Abu Dhabi ports

    Abu Dhabi Ports CEO Mohamed Juma Al Shamisi tells CNBC that the agreement with China's Jiangsu province is "a big deal for us."

  • LOS ANGELES, July 28- Dockworkers at 29 ports in California, Oregon and Washington are expected to ratify a three-year extension of their contract with shipping companies, union officials said on Friday, likely ensuring labor peace on the West Coast waterfront until at least 2022.. The current contract was agreed to in February 2015 after nine months of...

  • LOS ANGELES, July 28- Dockworkers at 29 ports in California, Oregon and Washington are expected to ratify a three-year extension of their contract with shipping companies, union officials said on Friday, in a move likely to ensure labor peace on the West Coast waterfront until at least 2022.. The current contract was agreed to in February 2015 after nine months of...

  • The watchdog, known by its Dutch acronym ACM, said it had visited some of the dozens of companies active in fuel production, transportation, storage and trading in Rotterdam, Antwerp and Amsterdam after receiving information from the police. The port of Rotterdam is Europe's largest bunkering port, as well as one of the top three bunkering ports worldwide.

  • AMSTERDAM, July 12- The Dutch competition watchdog said on Wednesday it was investigating a possible illegal, price-fixing cartel by fuel companies in ports in the Netherlands and Belgium. The watchdog, known by its Dutch acronym ACM, said it had visited some of the dozens of companies active in fuel production, transportation, storage and trading in Rotterdam,...

  • A Google Waymo self-driving Lexus on the road in Arizona

    To boost its economy, Arizona is supporting Google self-driving cars and Airbnb, and it just landed a major electric-car manufacturing deal.

  • Workers assemble a Boeing 737 airplane at the company's factory in Renton, Washington

    Washington's governor says amid a trade war led by the nation's capital, there's a simple reality: 95 percent of consumers live outside US.

  • Construction workers pour concrete as part of a bridge expansion project in California.

    These 10 states have the best infrastructure in America, from roads and bridges to railways, ports, airports and utilities.

  • Top States Worst Infrastructure

    Trump backs a $1 trillion infrastructure plan mixing state and private spending. These 10 crumbling states need it most.

  • An act of kindness from President Donald Trump

    President Trump attempts to help a Marine put his hat back on while on his way home from the G-20 Summit.

  • *COSCO Shipping making offer with Shanghai Port. COSCO Shipping is offering HK $78.67 for each OOIL share, a premium of 37.8 percent over OOIL's closing price of HK $57.10 on its last trading date, the companies said in filings with the Hong Kong and Shanghai stock exchanges on Sunday. OOIL's controlling shareholders had on Friday agreed to sell their 68.7...

  • BEIJING, July 9- China's COSCO Shipping Holdings Co Ltd said on Sunday it offered to buy smaller competitor Orient Overseas International Ltd for HK $49.23 billion. COSCO Shipping is acting in coordination with Shanghai Port Group, operator of the Port of Shanghai, which has agreed to buy 9.9 percent of the company, according to filings with the Hong Kong and...

  • SHANGHAI, July 7- Maersk said it was too early to predict the financial impact of last month's global Petya cyber attack that hit the shipping giant's computers and delayed cargoes, but added that normal operations had resumed at its ports. Moller-Maersk, Danish owner of the world's biggest container shipping line, operates 76 ports via its APM Terminal...

  • SINGAPORE, July 5- Pakistan State Oil is seeking 905,000 tonnes of gasoline and fuel oil for September, three tender documents showed on Wednesday. It is also looking for 55,000 tonnes of low sulfur fuel oil for September delivery into Kaemari or Port Qasim in Karachi on a cost and freight basis. The tenders close on July 24, remaining valid until Aug. 7.