Australia Leads Trade in Services Agreement – Australia is leading negotiations on a services-only free trade agreement with the United States and the European Union known as the Trade in Services Agreement (TiSA). Since discussions began in 2013, participation in the...
New Container Terminal at Port Klang – Port Klang’s proposed container terminal will have a capacity of 30 million TEUs a year, double the port’s current capacity. The third container terminal is meant to improve the port’s rankings as one of the world’s leading port...
Panama Canal Expansion Will Resume – The Panama Canal Authority has reached an agreement with their construction consortium, resuming work after a month-long suspension. Under the agreement, the authority agreed to pay $36.8 million for cost overruns. However, there...
Port of Portland Offers Incentive Payments to Ocean Carriers – The Port of Portland has authorized incentive payments to Hanjin Shipping Co. and other ocean cargo carriers as a final bid to keep them calling at the port. The port will pay $20 per container moved...
Global San Diego Export Plan Released – The Port of San Diego has released a Global San Diego Export Plan. The plan provides a framework for increasing exports through education, outreach, and improvements to the area’s infrastructure. Read more from UT San Diego....
London Gateway Doubles Crane’s Moving Capacity – DP World London Gateway has become the first port in the United Kingdom to lift four containers at one time, doubling the quay crane’s previous moving capacity. This will increase efficiency and productivity for UK...
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