Cargo Volumes at US Container Ports Expected to Go Down

Import cargo volume at major US retail container ports is expected to decline year-over-year for the next few months but the first half of the year should still amount to a 4.5 percent increase compared with the same period last year, monthly Global Port Tracker report by the National Retail Federation and Hackett Associates shows.


Svitzer Bringing Its Tugs to Guangzhou Port

Copenhagen-based towage and salvage company Svitzer has signed a memorandum of understanding (MOU) with the Chinese Guangzhou Port Group to form a joint venture providing towage and related marine services for the port.