Goods once destined for Houston have wound up as far away as the Bahamas and Mexico (WSJ) - Houston’s Seaport may take weeks to fully recover from Harvey, a rare long-term disruption at a major U.S. shipping center that will exact a financial toll on thousands of retailers and manufacturers. Port Houston
Tag: Import and Export
Robot Ship Experimenting to Disrupt the Global Shipping Industry
Japanese container line to conduct trans-Pacific test in 2019 Japan is aiming to set global standards for automated ships (Bloomberg) - Japan’s largest container line plans to test a remote-controlled vessel across the Pacific Ocean in 2019 as it pursues fully autonomous technology that could disrupt the global shipping industry. Nippon
31 vessels laden with fuel, others, expected at Lagos ports
A total of 31 vessels are expected to arrive at the Lagos pilotage district with various cargoes, including petroleum products, wheat, corn, fertiliser and a host of others. The Nigerian Ports Authority (NPA), which revealed these in its shipping position on Tuesday, said the four motor vessels were currently at ENL
Vehicle smuggling booms on back of punitive national auto-policy
How U.S. exporters are riding higher on a weaker dollar
U.S - Companies reporting on second-quarter earnings say they are benefiting from growing demand for goods and services by foreign buyers, the WSJ’s Ben Eisen reports, along with expectations for faster global growth with continued low inflation. The dollar edged up on Thursday, but one measure of the dollar against other big currencies