Business
Li Ka-shing’s US$19 billion ports sale slows due to complex talks
CK Hutchison has said that it would not proceed with a transaction that did not have the approval of all relevant authorities Hong Kong…
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ports
Politics
Romania finds possible drone fragments after Russian strikes on Ukrainian ports
BUCHAREST, Romania (AP) — Possible drone fragments were found inside Romania's southeastern border region following Russian strikes on…
News
Ship hit in Red Sea as Israel strikes Houthi-controlled ports
Multiple small vessels attacked a ship in the Red Sea near Yemen’s Al Hudaydah port, causing a fire on board and prompting the crew to…
Politics
Israel strikes Houthi ports across Yemen, 'Galaxy Leader' ship
The IDF struck three ports, a power station, and a ship used for terrorist purposes in the Red Sea, Defense Minister Katz noted. The IDF…
Politics
Germany Embraces LNG as It Weans Itself Off Russian Gas
When Russia invaded Ukraine in 2022, Germany realized that its dependency on natural gas piped from Russia had endangered its energy…
News
Port congestion at Asian ports reported; Singapore’s average waiting time up to 1.5 days
Port congestion has been reported at Asian ports, with Singapore being one of those impacted – the berth waiting time at the world’s top…
Politics
Asian ports reported to be congested; average waiting time in Singapore is up to 1.5 days
Port congestion has been reported at Asian ports, with Singapore being one of those affected: The waiting time for a berth at the world’s…
Politics
Trump says slow ports mean U.S. losing less money
President Trump said the slowness at U.S. ports due to tariffs on Chinese goods is a "good thing." Source link
Politics
West Coast Ports Brace for China Tariffs to Dent Import Volume Within Days
Census Bureau data released on Tuesday showed a surge in U.S. imports starting last fall, from $268 billion at the end of October to $343…
Business
China says CK Hutchison’s ports deal must not try to avoid antitrust review
China’s top market regulator said on Sunday (Apr 27) that it was paying close attention to CK Hutchison’s planned sale of most of its…
News
PSA weighs selling 20% stake in CK Hutchison’s ports business: sources
International is exploring the sale of its 20 per cent stake in CK Hutchison’s ports business, two people with knowledge of the matter…
Politics
Um, It Turns Out No One at the Ports Is Collecting Trump’s Tariffs
Thanks to a technical glitch, Donald Trump’s tariffs haven’t even been collected at U.S. ports. On Friday, U.S. Customs and Border…
Business
CK Hutchison shares erase all gains since Panama ports deal
The spat over the ports comes at a delicate time, as China grapples with escalating trade tensions with the US CK Hutchison Holdings…
News
China pauses new deals with Li Ka-shing family after Panama ports plan
China has told state-owned firms to hold off on any new collaboration with businesses linked to Li Ka-shing and his family, according to…
News
U.S. Infrastructure Improves, but Cuts May Imperil Progress, Report Says
Increased federal spending in recent years has helped to improve U.S. ports, roads, parks, public transit and levees, according to a…
Business
CK Hutchison warns of geopolitical risks as profit falls and ports deal upsets China
CK Hutchison Holdings warned of a deteriorating global business environment due to geopolitical and trade tensions, as the Hong Kong…
News
Why billionaire Li-Ka-shing’s Panama ports deal infuriated China
Billionaire Hong Kong tycoon Li Ka-shing has found himself in the middle of the China-US geopolitical tussle after announcing a deal to…
News
Dockworkers Vote to Accept New Labor Contract
Dockworkers on the East and Gulf Coasts voted in favor of a new contract on Tuesday, ending labor turbulence at ports that handle a large…
Politics
California’s Push for Electric Trucks Sputters Under Trump
President Trump’s policies could threaten many big green energy projects in the coming years, but his election has already dealt a big…
Politics
Ahead of Possible Tariffs, No Rush to Get Goods In From Canada and Mexico
Companies in the United States do not appear to be making a concerted effort to rush in shipments from Mexico and Canada ahead of the high…
Politics
More Ships May Return to the Red Sea if Houthis Hold Their Fire
A monthslong, costly disruption to global shipping could soon end now that the Houthi insurgents in Yemen have signaled that they have…
Politics
AfD rejects involvement of Chinese firms in ports, digital networks
The far-right Alternative for Germany (AfD) is calling for limiting the involvement of Chinese companies in Germany's seaports and digital…
Business
Port Strike Averted With Labor Deal Days Before Deadline
Dockworkers on the East and Gulf Coasts reached a tentative labor agreement with employers on Wednesday, averting a strike that could have…
Business
Port Labor Talks Hinge on Deal on Automation
Ports on the East and Gulf Coasts could close next week if dockworkers and employers cannot overcome their big differences over the use of…