Transportation News, Logistics, Ports and Trade

Maritime

AJOT Newsroom | January 18, 2019

BBC Chartering adds “BBC Yacht Transport” as new sales and service channel

The service is branded “BBC Yacht Transport” and brings a new, unmatched proposition to the yachting world by marketing the world’s largest multipurpose and heavy lift fleet capacity to the sector.

North is the first UK P&I Club to confirm post-Brexit trading arrangements

AJOT Newsroom | January 18, 2019 | International Trade

Port of Hueneme kicks off 2019 earning top tier bond rating

AJOT Newsroom | January 18, 2019 | Ports & Terminals | Ports

The Port of Hueneme was notified that years of responsible fiscal policy and prioritizing strategic monetary planning have earned them an A Rating from the Standard and Poor (S & P) bond rating system.

Brazilian lumber exports push sawlog prices to record highs

AJOT Newsroom | January 18, 2019 | International Trade

Maryland Environmental Service announces award of key dredging contract

AJOT Newsroom | January 18, 2019 | Ports & Terminals | Canal and Waterway

International Trade

Bloomberg | January 18, 2019

EU Outlines Trade Goal With U.S. in Bid to Bolster Truce

The European Union unveiled a blueprint for a free-trade deal with the U.S. that would cut tariffs on a wide range of industrial goods including cars in a bid to heal commercial ties.

May Speaks to EU Leaders as She Searches for Deal: Brexit Update

Bloomberg | January 18, 2019 | International Trade

Theresa May has begun a round of calls with European leaders as she tries to find a compromise on Brexit that she can sell to the British Parliament, where cross-party talks have faltered.

Economists Downplay Indicators That Say U.S. Recession Is Coming

Bloomberg | January 18, 2019 | International Trade

Putin Push to Dump Dollar Proves Hard Sell With Russia Inc.

Bloomberg | January 18, 2019 | International Trade

Russia’s central bank dumped $101 billion last year in its biggest-ever shift away from the U.S. currency amid fears of new sanctions. But the Kremlin’s drive to wean the rest of the economy off the greenback has been slower going.

Vietnam’s Leader Pledges a U.S. Buying Spree to Help Placate Trump

Bloomberg | January 17, 2019 | International Trade

Vietnam is importing more U.S. goods from companies like Boeing Co. and General Electric Co. to narrow the trade gap, Prime Minister Nguyen Xuan Phuc said, a move that may help it continue to avoid punitive measures from the Trump administration.

Government Shutdown a Is Double-Whammy for Nail Maker Hit by Tariffs

Bloomberg | January 17, 2019 | International Trade

The government shutdown is adding to the woes of U.S. companies already paying tariffs for their steel and aluminum.

World Container Index: Drewry’s weekly assessment: January 17, 2019

AJOT Newsroom | January 17, 2019 | Intermodal | Maritime | Liner Shipping

The World Container Index assessed by Drewry, a composite of container freight rates on 8 major routes to/from the US, Europe and Asia is up 3.7% to $1,752.97 per 40ft container (updated Thursday, 17 January 2019).