by Gabriela Baczynska (Reuters) - The European Union has so far rebuffed British calls for talks on a deal to allow London to send unwanted migrants back to Europe from 2021, and could use the issue as potential leverage in wider Brexit negotiations, diplomats and officials said. The agenda for this week’s EU-UK talks on their future relationship after a post-Brexit … [Read more...]
Trump Ends Shipping Tax Exemptions For Hong Kong
by Bill Faries (Bloomberg) - The U.S. suspended its extradition treaty with Hong Kong and ended reciprocal tax treatment on shipping with the former British colony, the latest salvo in escalating tensions between Washington and Beijing. The moves are part of the Trump administration’s efforts to pressure China over the imposition of a national security law that has led to … [Read more...]
Ships Avoid Bunkering In Hong Kong Due To Strict COVID Rules
By Elizabeth Low and Ann Koh (Bloomberg) - Ships are skipping Hong Kong for re-fueling after the city implemented strict quarantine regulations at its port to curb the spread of the coronavirus, leaving bunker fuel traders reeling from slumping sales. For some suppliers, sales have halved this month compared with July, according to people familiar who asked not to be … [Read more...]
PPE Orders Are Driving Record Import Traffic At LA, Long Beach
By Mike Wackett (TheLoadstar) Despite the pandemic, the San Pedro Bay ports of Los Angeles and Long Beach saw strong container imports in July, with the better-than-expected volumes set to continue this month. Los Angeles recorded its busiest month of the year, and the second-best July in the port’s history, moving 856,389 teu across its box terminals. Although imports … [Read more...]
Stored Crude Might Be Shipped From Blockaded Libyan Ports
by Aidan Lewis (Reuters) - A limited reopening of Libyan oil terminals could allow the export of some crude oil and condensate stored at Es Sider, Brega, Zueitina and Hariga, but leaves a months-long blockade of the ports in place, oil engineers say. East Libyan authorities said on Wednesday they would permit exports of the stored products in an effort to ease an electricity … [Read more...]