June 15, 2017
Dockers at some of Spain’s largest ports staged several planned strikes due to the disapproving reform of port hiring practices. Therefore, the Spanish port strikes have declined the productivity and triggered concerns. Carriers might shift some calls that are being rerouted to other ports. National port authority indicates 34 ships had to transfer the original destination ports (Algeciras, Valencia, Barcelona) to ports in other counties like Portugal, France, Italy, Belgium and Netherlands. The economic losses have reached up to more than €110 million due to the strikes.
June 14, 2017
Colombia has become one of the top-three suppliers of 64 goods to the United States, which makes it a commercial ally not just in oil and mining sectors. These exports increased 12 percent in 2012-2016, and reached up to $3.8 billion last year. According to data of USITC, Colombian exporters ranked top three and gained consumers’ recognition for products like coffee, flowers, building materials and etc. Colombia has the opportunity to continuously increase its market share among the main suppliers to the U.S. Because many products such as cape gooseberry, swimsuit, cocoa, automobile parts and so on don’t need tariff when enter the country.
June 1, 2017
Port Manatee and Guatemala are seeking to build further trade relationship after Dunia Miranda-Mauri’s visit, a Guatemalan trade commissioner. Guatemala has already ranked Port Manatee’s top 5 trade partners. Vanessa Baugh, chairwoman of the Manatee County Port Authority, said not only do they anticipate setting up northbound production line, southbound lineboard and the volumes of vehicles, but also the expectation of adding other goods. Carlos Buqueras, Port Manatee’s executive director, commented they would work together to reinforce the mutually ties.