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Euro zone trade surplus rises more than expected in June

Reuters | August 18, 2014 | International Trade

The euro zone's trade surplus grew more than expected in June from June a year ago, data showed on Monday, but the improved surplus does not yet reflect the full effect of sanctions and counter-sanctions imposed by the European Union and Russia over the conflict in Ukraine. Read More »

Belarussian oysters anyone? EU food trade looks to sidestep Russian ban

Reuters | August 18, 2014 | International Trade

People from Britain who go to Cyprus in August are usually after sun, sea and sand but one Lincolnshire man, a trader in fruit and vegetables, is heading there this week for the potatoes. Read More »

Russian sanctions threaten both Europe’s farmers and policymakers

Reuters | August 18, 2014 | International Trade

Pascal Sauvetre, an apple farmer in Poitou-Charentes on France's Atlantic coast, has a headache beyond the usual concerns about weather and tree fungus: Polish apples. Read More »

Russia looks for ways to soften impact of food import bans

Reuters | August 18, 2014 | International Trade

Russia will allow imports from neighbouring Belarus and Kazakhstan of food processed from Western raw materials as Moscow seeks to damp down domestic food price rises triggered by its ban on food imports from the West. Read More »

China hopes WTO can ‘resolve differences’ and sign deal

Reuters | August 18, 2014 | International Trade

China said it regretted World Trade Organisation members had failed to reach an agreement on simplifying global customs rules, a breakdown it said could damage multilateral trade. Read More »

China finds Mercedes-Benz guilty of price fixing

Reuters | August 18, 2014 | International Trade

German luxury carmaker Mercedes-Benz has been found guilty of manipulating prices for after-sales services in China, the official Xinhua news agency reported, citing regulators. Read More »

China calls for greater use of homegrown medical devices

Reuters | August 18, 2014 | International Trade

China may use incentives to encourage domestic hospitals to use Chinese-made medical devices as it looks to stimulate the local market and reduce soaring healthcare costs, a potential threat to the global firms who currently dominate the sector. Read More »

Qingdao Port says unit sued by Pacorini for $58.4 million amid fraud probe

Reuters | August 18, 2014 | Ports & Terminals

China's third-largest terminal Qingdao Port International, which is embroiled in an alleged financing scam, has received two lawsuits from global warehousing firm Pacorini Logistics claiming a total of $58.4 million, the firm said. Read More »

At 100 years, Panama Canal Zone history celebrated in Florida

Reuters | August 18, 2014 | Ports & Terminals

At 100 years, Panama Canal Zone history celebrated in Florida

The 100th anniversary of the opening of the Panama Canal, hailed at the time as one of the world's great wonders, has inspired a celebration in central Florida to showcase the experience of the U.S. canal workers behind the engineering feat. Read More »

UK police say migrants found in shipping container are Afghan Sikhs

Reuters | August 18, 2014 | Ports & Terminals

One man died after a group of suspected migrants, including women and children, was found inside a container at Tilbury docks in southeast England on Saturday morning. The container had come on a ship from Zeebrugge in Belgium. Read More »

Facts on status of GT USA-Port Canaveral agreement 

AJOT | August 18, 2014 | Ports & Terminals

Canaveral Port Authority awaits the completion of the Committee on Foreign Investment in the United States (CFIUS) approval process to move forward with expanding our cargo operations and creating jobs and business opportunities for Brevard County and central Florida. Read More »

Transpacific container shippers aim for September rate rise

Reuters | August 18, 2014 | Liner Shipping

A container shipping organization urged companies to raise Asia-U.S. freight rates by at least $600 per 40-foot container (FEU), corresponding to an increase of 14.2 percent from current levels, from Sept. 1. Read More »

Asia-US container lines recommend further freight rate increase for September 1

AJOT | August 18, 2014 | Liner Shipping

Member container shipping lines in the Transpacific Stabilization Agreement (TSA) are proposing an across-the board general rate increase (GRI) of at least US$600 per 40-foot container (FEU) to all destinations, effective September 1. Carriers had filed increases in their individual tariffs in late July and subsequently began notifying customers directly. Read More »

Permian light crude stranded as US oil exports begin to flow

Reuters | August 18, 2014 | Intermodal | International Trade

Washington's decision to allow exports of an ultra light crude offers a potential boon to U.S. producers that will bypass drillers in the Permian basin because the country's fastest growing shale play lacks pipelines or affordable trucking. Read More »

Indian train accident kills 18, injures two

Reuters | August 18, 2014 | Intermodal

At least 18 people were killed when a fast-moving train hit a three-wheeled vehicle in the eastern Indian state of Bihar on Monday evening, state officials said. Read More »

Dakota Plains to link Hiland pipeline to its rail terminal

Reuters | August 18, 2014 | Intermodal

Oil transportation company Dakota Plains Holdings Inc said it would link its Pioneer Rail Terminal in North Dakota to Hiland Partners LP's pipeline carrying crude out of the Bakken shale formation. Read More »

Globe Tracker International and Refrigerated Transport Electronics announce strategic partnership

AJOT | August 18, 2014 | Intermodal | International Trade

Globe Tracker International (GTI), a leader in global trade data sharing, autonomous asset tracking and monitoring and related data analytics, announced its partnership with Refrigerated Transport Electronics (RTE), a developer and manufacturer of innovative monitoring products for the intermodal refrigerated container industry. Read More »

Board of the Shipowners’ Club Appoints New Chairman

AJOT | August 18, 2014 | People | Appointments | Liner Shipping

The Shipowners’ Club marked the conclusion of Donald MacLeod’s six year tenure as Chairman with Philip Orme was appointed to succeed him Read More »

Port of Zeebrugge’s freight tonnage reaches 22 million tons in first half

AJOT | August 18, 2014 | Ports & Terminals

During the first half of 2014, Zeebrugge freight tonnage was up 3.7 percent in comparison with 2013’s first semester. Read More »

Mary Maersk sails from Algeciras with record setting 17,603 TEU

AJOT | August 18, 2014 | Liner Shipping

A record has been set with a Triple-E vessel carrying the highest ever number of containers between Europe and Asia.Mary Maersk sails from Algeciras with record setting 17,603 TEU. Read More »

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