deal

China winning trade war with US as trade surplus widens to over US$300b
CHINA's trade surplus with the US has grown almost 25 per cent since the start of the Trump presidency, exceeding US$300 billion on an annualised...
DP World collaborates with Israeli firm in bid for Haifa Port
DUBAI's DP World is partnering with an Israeli group to bid for one of Israel's two main ports and to examine opening a direct shipping line...
CMA CGM's stake sale of Mundra port to China Merchants under scrutiny
WITH the widespread anti-China sentiment throughout India the government is examining a proposal to transfer part-ownership of a container terminal...
South Korea's HMM and SHI to develop smart ship technology
KOREA's HMM and Samsung Heavy Industries (SHI) have signed a memorandum of understanding (MOU) to develop smart ship technology, reports...
Oman Aviation Group, DHL sign deal to upgrade cargo services
THE Oman Aviation Group (OAG) has signed a partnership deal in the field of air cargo with German express delivery giant DHL at Muscat International...
Sydney's container congestion sparks anger all round Down Under
SYDNEY's pile up of empties, sorely needed in China ports if liners would only take them there, are causing massive congestion in Botany Bay,...
Pelosi tells Brexiteers UK can forget US trade deal if EU denied role
US House of Representative Speaker Nancy Pelosi, a strident opponent of the US President, said that if the UK does not allow EU oversight of...
Amazon Air set to expand with its first owned B767-300
THE US Federal Aviation Administration (F) register shows that last week Amazon
Indo-China trade at risk as border skirmishes intensify
INDIA banned 118 more mostly Chinese apps, raising tensions after troops skirmished over a disputed Himalayan border site, raising doubts about the...
Air cargo rates out of China are high and climbing, say analysts
ASIA air freight rates are high and climbing higher as the Covid lockdowns reduce capacity rising demand causes rates to skyrocket, reports New...
Forbes man: 'If Biden wins Trump's trade deal is toast'
THE trade deal worked out by US President Donald Trump will be scrapped if Joe Biden wins the November 3 presidential election, according to Forbes...
MFC Cargo Container Concepts inks deal to expand CargoGulf
MAJOR Non-Vessel Operating Common Carrier (NVOCC), CargoGulf, has signed an agreement with MFC Cargo Container Concepts, a division of Modern Freight...
Covid lockdowns could bring world shipping to a halt: expert
CLOSURES of international borders, flight caps and Covid quarantines pose a grave threat to global supply chains and the welfare of seafarers, warns...
Virgin Australia creditors approve Bain Capital's $2.5 billion rescue deal
VIRGIN Australia Holdings creditors have approved Bain Capital's acquisition of the airline, the last hurdle in the private equity firm's bid...
Congestion free Louisiana port looks to docking 23,000-TEUers
LOUISIANA's Port of Plaquemines plans a 1,000-acre site capable of handling up to three 23,000-TEU ships, with an annual capacity of two million...
Record 400-plus migrants cross Channel in one day
More than 400 migrants have crossed the English Channel in small boats - a record for a single day.
Boeing lets EVA drop 10 Dreamliners for three 777Fs instead
TAIWAN's Evergreen Airways (EVA Air), a Taiwa has reportedly reached an agreement with Boeing to change seven 787-10 on-order Dreamliners to...
Wan Hai acquires resale 1,800-TEU ship pair at Zhoushan Changhong
TAIWAN container shipping major Wan Hai Lines has received over two 1,800 TEU box ships under development at China's Zhoushan Changhong...
Trump calls off talks with China, 'don't want to talk to them now'
US President Donald Trump said he called off trade talks with China, raising questions about the future of a deal that is now the most stable point...
Cosco gains US$1 billion from share sale of box maker CIMC
COSCO is expected to gain US$1 billion from selling most of its stake in China International Marine Containers (CIMC), reports Newark's Journal...