Latest news from Heavy Lift & Project Forwarding International Magazine

USMCA moves forward

On December 10, 2019, the USA, Canada and Mexico moved forward with the trilateral trade deal that is set to replace NAFTA, with the accord now in the hands of the US and Canadian legislatures for final approval.

Mexico has already formally ratified the US-Mexico-Canada Agreement (USMCA), and Canada is expected to follow suit shortly. With regard to the USA, White House trade adviser Peter Navarro predicted that the deal will pass the senate as early as Friday.

The legislation will determine the USMCA effective date. In the meantime, NAFTA rules will remain in place.

Once Canada and the USA have completed their ratification process, all three countries will move to publish the new regulations. The months ahead will no doubt will be filled with announcements, clarifications and legal interpretations that will shape the North American supply chain.

Heavy Lift | News

Charter rates remain steady  thumbnail image

Charter rates remain steady 

February 18 - Time charter rates in the multipurpose shipping sector have remained steady over the last month, according to shipbroker Toepfer Transport. 
Views: 178
Canaveral secures funding for multipurpose berth thumbnail image

Canaveral secures funding for multipurpose berth

February 18 - Canaveral Port Authority has been awarded a USD14.1 million grant from the US Department of Transportation (DOT) Port Infrastructure Development Program to modernise and expand North Cargo Berth 3 (NCB3).
Views: 240
Zeamarine restructuring continues  thumbnail image

Zeamarine restructuring continues 

February 17 - Zeamarine has confirmed that its German booking and operating divisions – Zeamarine Bremen, Zeamarine Germany and Zeamarine Chartering – will operate under court supervision, in accordance with creditor protection conditions.
Views: 1441

Heavy Lift Across The World

Discover heavy lift and project logistics industry news from around the world by region.