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.

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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.

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