Oregon’s governor said she would attempt to allocate $35m of the 2025-2027 budget to the port, which was set to close in October 

Two new terminals and an intermodal rail facility opening next year mean Constanta will be connected to the Baltic Sea via rail, and DP World is hoping this entices big business to the region

Antonis Malaxianakis-led company is first to focus on streamlining of port call disbursements

The ro-ro and project cargo terminals will open today to mark 20 years since DP World expanded into Romania, while the logistics hub is set to start operation in 2025

The 9,900 teu Dali suffered several blackouts in the hours before hitting the Francis Key Scott Bridge in Baltimore, according to the preliminary report by the National Transportation Safety Board, including two within ten hours before it left the port

US President Joe Biden announced new tariffs on $18bn of Chinese goods, ranging from electric vehicles to ship-to-shore cranes. China swiftly blasted the move and promised to retaliate, raising the prospect of escalating tariffs

A 10-year deal worth $370m to develop Iran’s southeastern port of Chabahar with Indian backing has already raised concerns in the US, amid a crackdown on companies supporting Tehran’s infrastructure ambitions

The Australian government planned to ban live sheep exports by sea in 2022. Debate has raged for years between animal rights groups and farmers about animal welfare, while livestock carriers have a chequered safety record

Operators are having to pay significant premiums for short-term charters as tonnage providers hold the upper hand

If convicted, Yan may face a long prison sentence. His former superior at SIPG, Chen Xuyuan, was sentenced to life in prison by another Chinese court in March

A low demolition rate means the world’s container fleet has already grown significantly in 2024, on top of growth recorded in 2023

Cosco Shipping Ports has proposed the Peruvian government to open an ‘institutional dialogue channel to resolve the controversy’