International Trade

Global trade in infrastructure goods to surge

Reuters | October 08, 2013 | International Trade

Trade in goods to build infrastructure such as ports, railways and power stations will rise sharply over the next two decades as developing economies climb the value ladder and rich nations keep investing to maintain their competitive advantage, HSBC said. Read More »

German exports rise less than expected in August

Reuters | October 08, 2013 | International Trade

German exports revived in August, rising slightly less than expected but more than imports and widening the trade surplus, official data showed, in a sign foreign trade will not drag too much on growth in Europe's largest economy. Read More »

Iranian trade with India hit by insurance delay

Reuters | October 08, 2013 | International Trade

Oil and container trade between India and Iran has been disrupted due to uncertainty over insurance cover, leaving some ships stranded outside ports in both countries, industry sources said. Read More »

Australia sees free trade deal with China within 12 months

Reuters | October 08, 2013 | International Trade

Australian Prime Minister Tony Abbott said he is intent on finalizing a free trade agreement with China within the next 12 months, and is prepared to accept a watered-down deal in order to quickly cement an arrangement that has been negotiated since 2005. Read More »

US firms urge Washington not to rush through landmark trade deal

Reuters | October 07, 2013 | International Trade

U.S. multinationals have warned Washington not to compromise and weaken a landmark 12-nation Asia-Pacific free trade pact in order to complete the deal by the end of this year. Read More »

Canceled EU-US talks complicate trade ambitions

Reuters | October 07, 2013 | International Trade

Even before the cancellation of the latest round of EU-U.S. talks, negotiations to create the world's largest free-trade deal were getting into difficult territory. Read More »

Russia halts Lithuanian dairy imports before EU summit

Reuters | October 07, 2013 | International Trade

Russia suspended imports of dairy products from neighboring Lithuania, turning up trade pressure on the European Union member weeks before it hosts a summit that could pull former Soviet republics further from Moscow's orbit. Read More »

Developing East Asia slows, but continues to lead global growth at 7.1% in 2013

AJOT | October 07, 2013 | International Trade

Changing global outlook highlights need for structural reforms to sustain growth and share prosperity Read More »

CBP reports cargo clearance still normal

AJOT | October 04, 2013 | International Trade

U.S. Customs and Border Protection (CBP) and related cargo clearance agencies continue to operate under normal working hours with no delays in cargo operations experienced at this time. Read More »

MOL Joining Project in Uruguay - To Build and Charter World’s Largest FSRU -

AJOT | October 04, 2013 | Breakbulk & Projects | International Trade

Mitsui O.S.K. Lines, Ltd. (MOL) President: Koichi Muto announced that MOL, along with a subsidiary of GDF Suez S.A. has signed a 20-year time charter party for one floating storage regasification unit (FSRU) Read More »

BlueFire Renewables Adds New Revenue Source to Fulton Facility

AJOT | October 04, 2013 | Breakbulk & Projects | International Trade

BlueFire Renewables, Inc. (OTCBB:BFRE), a company focused on changing the world's transportation fuel paradigm, has integrated a synergistic wood pellet production plant to its facility in Fulton, Mississippi. Read More »

ASA Comments on Congress’ Farm Bill Failure, Federal Shutdown

AJOT | October 04, 2013 | International Trade

With Monday’s expiration of the one-year extension of the 2008 Farm Bill, coupled with the shutdown of the federal government, the ASA took Congress to task Read More »

Daimler mulls new North America plant

Reuters | October 03, 2013 | International Trade

Germany's Daimler AG may build a new factory in North America if demand for compact cars picks up, the head of production and procurement at Mercedes-Benz Cars was quoted saying by a German car magazine. Read More »

Bharti to decide on fate of JV with Wal-Mart in October

Reuters | October 03, 2013 | International Trade

Wal-Mart Stores Inc's India partner, Bharti Enterprises, will take a call on the future of its wholesale joint venture with the U.S. retailer this month, the Economic Times said. Read More »

US phosphate export group PhosChem disbands

Reuters | October 02, 2013 | Breakbulk & Projects | International Trade

The U.S. phosphate export association PhosChem has disbanded, a spokesman for U.S. fertilizer company Mosaic Co said, making it the second fertilizer trade consortium to break up this year. Read More »

Philippines seeking EU trade deal

Reuters | October 02, 2013 | International Trade

The Philippines is looking to seal a free trade agreement with the European Union and will pursue the issue at ASEAN meetings next week, the country's trade minister said. Read More »

Lithuania warns Russia over pressuring its neighbors

Reuters | October 02, 2013 | Intermodal | International Trade

Lithuania could block Russia's road and rail access to its enclave of Kaliningrad if Moscow keeps pressuring its neighbors over their ties to the European Union, the Baltic state's foreign minister said. Read More »

Due To Lapse in Funding US Customs & Border Protection Not Updated

AJOT | October 02, 2013 | International Trade | Transport Intermediaries

Due to the lapse in federal funding, the CBP website will not be actively managed. Read More »

Jensen Maritime Awarded Construction Management Contract for Four New Jones Act Tankers

AJOT | October 02, 2013 | International Trade

Jensen Maritime Consultants, Crowley Maritime Corp.’s Seattle-based naval architecture and marine engineering company, announced today that the company has been awarded a new construction management contract for four new 330,000-barrel, Jones Act product tankers. Read More »

North Carolina’s State Council Approves Morehead City Wood Pellet Agreement

AJOT | October 02, 2013 | International Trade | Ports & Terminals

The Council of State approved a deal today that expands the Ports’ profile in the highly competitive wood pellet industry. The North Carolina State Ports Authority Board of Directors approved the same agreement last week. Read More »