Record Traffic at Port of Singapore – The Port of Singapore set a new port record of 29.9m TEUs for 2011, a 5.3% increase over the previous year. Singapore remains a key transshipment hub for the region’s container traffic; however, the port is improving its chemical...
Port of Seattle Seeks to Avoid Cargo Diversion –The Port of Seattle is protesting a “loophole” in the Harbor Maintenance Tax. Currently, importers are able to bypass the tax by using foreign gateways in Canada and Mexico and then delivering their cargo to the U.S....
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