Trade News

Bank of Chile signs 100-mln-USD loan with China Development Bank Aug 18, 2008

The Banco de Chile signed a three-year 100-million-U.S.-dollar loan on Thursday with the China Development Bank (CDB), the Chilean bank said. The loan is part of a free trade agreement signed by Chile and China in April during an official visit by Chilean President Michelle Bachelet to China. The Banco de Chile, one of the most prestigious banks in ...

Danish shipper pays $119,250 fine for U.S. export violations Aug 18, 2008

The U.S. Commerce Department's Bureau of Industry and Security announced Aug. 14 that Reson A/S (RAS) of Slangerup, Denmark, has agreed to pay a $119,250 civil penalty to settle allegations that it committed 29 violations of the Export Administration Regulations. In addition, BIS said separate civil penalties were settled with RAS's subsidiaries...

Trade law firm advises on impacts of export control bill Aug 18, 2008

Ongoing federal efforts to increase enforcement of export laws and regulations would get a boost from legislation introduced Aug. 1 by Rep. Brad Sherman, D-Calif., the trade law firm Sandler, Travis and Rosenberg said in an e-mail Friday. The Export Control Improvements Act (H.R. 6828) proposes to make significant changes to the U.S. export environmen...

U.S. eyes Japan for signing trusted trader programs Aug 18, 2008

Japan is the next country in line to collaborate with U.S. Customs on a cross-border supply chain security initiative intended to facilitate the movement of shipments from low-risk companies. The agency has completed a side-by-side documentary comparison of the Customs-Trade Partnership Against Terrorism and a similar trusted shipper program in Japan ...

Vietnam's coal exports to China to fall this yearAug 18, 2008

The volume of Vietnam's coal exported to China this year is estimated to drop by some one-third because a port in Vietnam's biggest coal hub has been damaged by a recent storm, local newspaper Pioneer reported Friday. The volume is likely to decline by eight million tons, because three out of four cargo-loading facilities at the Cam Pha port in northe...

Growth of China exports to U.S. slows in 1H Aug 15, 2008

The growth of China exports to the United States, the country's second biggest trading partner, slowed in the first half, the General Administration of Customs said on its website on Thursday. China exports stateside in the first six months totaled 116.79 billion U.S. dollars, up 8.9 percent from the same period last year. The growth rate was 9 percen...

CAAC Unveils Temporary Compensation Package Aug 15, 2008

Passengers can get free meals and accommodation and transfers if their flights are delayed during the Olympics and Paralympics, according to Thursday's Beijing Times. The special measures were adopted by the Civil Aviation Administration of China (CAAC) on Wednesday after recent thunderstorms delayed a number of flights and left passengers stranded at ...

Retail Sales Register Record Growth in Brazil in H1 Aug 15, 2008

Brazil's retail sales registered a record growth of 10.6 percent in the first half of 2008, according to a study released on Thursday by the Brazilian Institute of Geography and Statistics (BIGS). The study showed all sectors had an increase in retail sales in the first half of 2008. The communication equipments and office supplies sector had the high...

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Transportation Center Connecting As

Transportation Center Connecting Asia and Europe Market

Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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