Despite the White House’s release of updated tariff figures last week, there is much still to be negotiated between Washington and its trade partners. Late last week, U.S. President Donald Trump announced updated tariff rates for 67 nations, including nine from Southeast Asia, which are set to come into effect on August 7. However, given the unpredictability… Read More
International Container Terminal Services (ICTSI) has reported that its net income grew 15 per cent to US$483.84 million in the first half of 2025, while recurring net income in the same period increased 20 per cent. The company’s throughput increased 11 per cent to 6.99 million TEUs. Revenues grew 14 per cent to US$1.51 billion… Read More
Panama’s comptroller general has asked the country’s supreme court to review CK Hutchison’s contract to operate the ports of Balboa and Cristobal. Hutchison of Hong Kong (0001.HK) operates the maritime centers through its Panama Ports subsidiary as part of an agreement signed in 1997, and extended in 2023 for another 25 years. The move comes… Read More
The pulse sector expects to be a big winner once the Roberts Bank Terminal 2 is completed in the mid-2030s SASKATOON — Canada’s container demand is going to outstrip capacity in the coming years, but help is on the way, says a senior executive at the Port of Vancouver. “Our projections show that we will face… Read More
Scottish ministers have formally approved all of the licenses necessary to overhaul a key port in the ongoing offshore wind rollout. The Port of Cromarty Firth is set to undergo an expansion and upgrade project worth £111 million after government officials granted its owners the relevant marine and dredge licences to proceed. A new 400-metre-long… Read More