Latest news from Heavy Lift & Project Forwarding International Magazine

US and Japan agree trade deal

The USA and Japan have reached a trade agreement regarding market access for certain agricultural and industrial goods.

According to the US Department of Homeland Security, the USA will reduce or eliminate tariffs on 241 lines of goods. For industrial goods from Japan, this applies to certain machine tools, fasteners and steam turbines, among others.

This agreement entered force on January 1, 2020. The US Department of Homeland Security said that the two nations plan to negotiate further with the goal of establishing an expanded free trade agreement.

Heavy Lift | News

Well positioned to ride out the crisis thumbnail image

Well positioned to ride out the crisis

April 9 - Lucius Bunk, director at shipowner Auerbach Schifffahrt, discussed the current and potential impacts of the Covid-19 crisis on multipurpose shipping, along with the group's plans for the years ahead.
Views: 368
Container shipping’s complex Covid-19 reaction thumbnail image

Container shipping’s complex Covid-19 reaction

April 9 - A wave of consolidation in container shipping has made the sector more robust over the past five-seven years. Nonetheless, the outbreak of Covid-19 will be a considerable stress on all container shipping finances, according to analyst Ti.
Views: 412

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