Hong Kong conglomerate CK Hutchison, led by tycoon Li Ka-shing, will not sign a deal next week to sell its two strategic ports at the Panama Canal to a BlackRock-led group, the South China Morning Post reported on Friday.

Fossil fuel and agriculture industry executives on Wednesday criticized a plan by President Donald Trump's administration for big fees on China-linked ships entering U.S. ports, arguing at a hearing in Washington that the move would hobble their ability to export everything from coal to soybeans.

The U.S. Trade Representative is gearing up for hearings this week on the proposed port fees targeting Chinese vessels. Industry and maritime executives are expected to detail the adverse effect the levy would have on the U.S. economy and global trade as a whole.

Danish A.P. Moller - Maersk and the Port Authority of New York and New Jersey (PANYNJ) will continue their long-lasting partnership well into the second half of the 21st century. The two companies agreed to extend the lease of the APM Terminals Elizabeth’s lease by 33 years through December 2062. The extension comes several years ahead of the current contract expiring in 2029.

By Anuchit Nguyen Mar 22, 2025 (Bloomberg) –Thailand unveiled draft legislation to create a special economic zone in the south of the country that would pave the way for a multibillion-dollar...

Hong Kong-based conglomerate CK Hutchison is facing intense criticism from Beijing over its ports sale to a BlackRock-led consortium, fueling speculation as to whether China could take steps to scupper the deal.

A plan by the Trump administration to introduce fees on the use of Chinese commercial ships is likely to damage the US economy and may fail to reverse China’s shipbuilding dominance, a top shipping trade group said.

The Plaquemines Port Harbor and Terminal District has rebranded as the Louisiana Gateway Port, part of a strategic move to establish itself as one of America’s leading maritime hubs. The...

The Port of Vancouver in British Columbia, Canada, saw booming liquid bulk exports in 2024, with volumes skyrocketing 203% to reach 17.1 million metric tonnes (MMT), driven primarily by the...

The Port of Long Beach continues its strong performance into 2025, marking nine straight months of increased cargo movement. February saw the port handle 765,385 TEUs, representing a 13.4% increase...

Global port operator DP World has announced record financial results for 2024, with revenue reaching $20.0 billion, marking a 9.7% increase from the previous year. The company’s adjusted EBITDA rose...

International Longshoremen’s Association (ILA) and United States Maritime Alliance (USMX) officials gathered in North Bergen, New Jersey on Tuesday to formally sign a landmark six-year master contract agreement, securing unprecedented...