• Italy to join China’s BRI – Concerns raised by US & EE

    Italy is already in advanced discussions with China in order to join Belt and Road Initiative (BRI) project. President Xi Jinping is to visit Rome later this month, where he is expected to sign a joint document with Italy on BRI partnership. Italy is seeing its participation in the BRI as a great op…

  • Large marijuana bust seized at PhilaPort

    In one of the largest marijuana busts on the Philadelphia port, a 279 kg shipment has been seized by agents with U.S. Customs and Border Patrol (CBP). The $2.5 million worth of marijuana was discovered on a shipping container arriving from Puerto Rico. Customs agents reportedly found 252 bricks of m…

  • Port of Oakland cargo surge cooled off last month

    A six-month-long containerized cargo surge came to a halt, as expected, at the Port of Oakland last month. The Port said on March 15 that its total February cargo volume was down 1.3 percent from a year ago. February import cargo decreased 5 percent, year-over-year, the Port reported. It was the fir…

  • SM Line denies merger with HMM

    SM Group, a midsized South Korean conglomerate, said Thursday March 14, that it has no plan to merge its shipping line with the country’s leading shipper, Hyundai Merchant Marine Co. Instead, it will aim for a turnaround this year, and seek to open routes linking to Europe and other regions. &…

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