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China’s Xiaomi hopes Mi 4 smartphone can take on Apple

Reuters | July 22, 2014 | International Trade

Xiaomi launched its flagship Mi 4 smartphone at a glitzy event in Beijing, where the Chinese budget handset maker's chief executive sought to challenge larger U.S. rival Apple Inc. Read More »

Taiwan June export order growth fastest in 1-1/2 years on strong tech sales

Reuters | July 22, 2014 | International Trade

Taiwan's export orders in June grew at their fastest pace in 1-1/2 years, beating expectations, as its manufacturers rushed to fill orders for new smartphones from Apple Inc and others. Read More »

Swiss exports rise in June, but demand from Europe softens

Reuters | July 22, 2014 | International Trade

Switzerland's exports rose in June, partly due to an increase in sales of chemical and pharmaceutical products, the largest export category, data from the Federal Customs Office showed. Read More »

Poland to challenge EU ban on menthol cigarettes

Reuters | July 22, 2014 | International Trade

Poland will appeal to Europe's top court over a European Union ban on flavored tobacco products, saying it will be unfairly affected as one of the region's biggest consumers and producers of menthol cigarettes. Read More »

APM Terminals to sell container terminal in Virginia

Reuters | July 22, 2014 | Ports & Terminals

Port operator APM Terminals, a unit of Denmark's A.P. Moller-Maersk, said it would sell a big U.S. container terminal to infrastructure investor Alinda Capital Partners and a British private pension fund. Read More »

Timing “tough” for $4.5 billion Thai-Mozambique coal rail-port project

Reuters | July 22, 2014 | Ports & Terminals

A Thai-Mozambican consortium has set a 2018 target to commission a $4.5 billion coal export railway and port terminal project in central Mozambique, but the depressed global coal prices outlook made the timing "tough", the company's president said. Read More »

Maine port city bans oil loading as Canada seeks export options

Reuters | July 22, 2014 | Energy | Maritime | Ports & Terminals

City councilors in South Portland, Maine, voted late Monday night to ban the loading of crude oil onto tankers along its waterfront, throwing up yet another roadblock to the export of Canadian oil sands crude and setting up a showdown with industry which called the process illegal. Read More »

Hapag-Lloyd North America West Coast – Terminal Congestion Update

AJOT | July 22, 2014 | Liner Shipping

Hapag-Lloyd provides a status update for the heavily impacted ports. Read More »

Oil products flow to Primorsk resumed, exports unaffected

Reuters | July 22, 2014 | Energy | Pipeline

Russia resumed oil products shipments to Primorsk after a halt following “criminal tapping” of pipeline, a subsidiary of Russian oil pipeline monopoly Transneft said. Read More »

Oil products flow to Primorsk halted over “tapping”, exports unhurt

Reuters | July 22, 2014 | Energy | Pipeline

Russia stopped oil products shipments to the Baltic Sea port of Primorsk on Tuesday due to “criminal tapping” of the pipeline, a subsidiary of Russian oil pipeline monopoly Transneft said. Read More »

Putin mulls end to Gazprom monopoly on pipeline gas sales to China

Reuters | July 22, 2014 | Energy

The Russian government should consider allowing gas producers other than Gazprom to export gas from new fields in east Siberia and Far East, Vedomosti daily newspaper said, citing an order from President Vladimir Putin. Read More »

India keeps world guessing in countdown to landmark trade deadline

Reuters | July 21, 2014 | International Trade

India will firm up its position regarding a landmark global trade pact shortly before a Thursday deadline, a senior official said, setting up a nail-biting showdown over a deal it says should safeguard a $12 billion anti-poverty food program. Read More »

Russia’s Severstal sells US steel plants to AK Steel, Steel Dynamics

Reuters | July 21, 2014 | International Trade

Russia's Severstal said it would sell two U.S. steel plants for $2.3 billion, withdrawing from the U.S. market at a time of rising tension between Russia and the West and turning its focus to its domestic business. Read More »

UK, France, Germany eye fresh Russia sanctions after plane disaster

Reuters | July 21, 2014 | International Trade

Britain, Germany and France agreed on Sunday they should be ready to ratchet up sanctions on Russia over the downing of a Malaysian jet carrying 298 passengers when European foreign ministers meet in Brussels. Read More »

SC Ports announce 8% fiscal year growth   

AJOT | July 21, 2014 | Ports & Terminals

The SC Ports Authority reported a strong finish for the 2014 fiscal year with 8 percent container growth, an increase of 2 percent over projected plans. Read More »

ATP hits new milestone in Okinawa, Japan for shipment of military household goods

AJOT | July 21, 2014 | Ports & Terminals

Asiatic Trans-Pacific (ATP), a wholly owned subsidiary of The Pasha Group in Okinawa, Japan, had eight record days in the month of June, packing in excess of 100,000 pounds of household goods on each of those days for U.S. service men and women. Read More »

First gates moved to new locks for the Panama Canal expansion

AJOT | July 21, 2014 | Ports & Terminals

The Panama Canal Expansion has reached another important milestone with the transfer of the first gates to the new locks complex in the Atlantic side. Read More »

Cuba hopes for more investment as Chinese president arrives

Reuters | July 21, 2014 | Ports & Terminals

Chinese President Xi Jinping began a two day visit to Cuba, stirring hopes on the island that China will finally invest in the country after a number of important deals never materialized. Read More »

Fay named CEO of INTTRA

AJOT | July 21, 2014 | Liner Shipping

INTTRA, the world’s largest multi-carrier e-commerce network for ocean shipping, today announced that John F. Fay has joined the Company as Chief Executive Officer, effective immediately. Read More »

Global seaborne coal market oversupply to be 10 million tons this year

Reuters | July 21, 2014 | Breakbulk & Projects

The global market for seaborne thermal coal will be oversupplied by around 10 million tonnes this year, keeping prices below profitable levels for most coal producers well into 2015 or longer and forcing more mines to close. Read More »

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