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Global Innovation Forum: The New Faces of TransPacific Trade

8/10/2016

News from the Global Innovation Forum

The Global Innovation Forum released a new report, “The New Faces of Transpacific Trade,” profiling 23 globally-engaged startups and small businesses across twelve countries – Australia, the Nation of Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, the United States and Vietnam.

The profiles feature a broad range of startups – from a fashion designer in Brunei to an American innovator who is taking on the global problem of food waste – to underscore the opportunities for startups and small businesses to be global from day one. Read full press release

The New Faces of Transpacific Trade report released July 19, 2016

In the report, innovators identify and suggest how to address policy issues that impact their ability to do business, including managing obstacles at the border, complying with foreign regulations, accessing financing, and developing local partnership and distribution networks.

Download Report

About the Global Innovation Forum
The Global Innovation Forum is a nonprofit startup that connects entrepreneur, small business, development, and university communities with policymakers and select corporations to explore the opportunities and challenges of engaging in the global marketplace. GIF serves as a hub for startup, university and development communities around the world to communicate with officials and corporations, discover public and private resources to help them succeed, and improve the public policy landscape to enable global innovation. GIF is a project of the 501(c)(3) National Foreign Trade Council Foundation.

Brazil Buzz! August 2016 Edition

8/9/2016

Brazil Buzz! Business News and Updates for Opportunity Seekers from Tradebrz at the Sao Paulo, Brazil WTC Business Tower
Inside this August 2016 issue:

Boeing and Embraer Part-Ner in Biofuel Innovation 2
Industry Invests in Wind Power for Autonomy 2
Freight Volumes Increase Between China and Brazil 3
Brazil Pharma Industry Sees Trade Deficit Widen 3
Alcon Restructures, Aims for Growth in Brazil 3
Companies Market Non-Alcoholic Drinks 4
Trade Shows: August, September, and October 5

2016 UPS X-Port Challenge Deadline September 15

8/5/2016

Click image to be directed to the application page

UPS is a World Trade Center of Greater Philadelphia Leadership Council Member

First “Neo-Panamax” Shipping Vessel Calls Port of Philadelphia

8/5/2016

News From The Philadelphia Regional Port Authority

Philadelphia, PA - On Wednesday August 3, 2016, the Philadelphia Regional Port Authority (PRPA) announced the first of a new class of "Neo-Panamax" shipping vessel called the Port of Philadelphia to begin a new phase of transport along the Delaware River.The MSC Sophia Celeste, operated by the Mediterranean Shipping Company, docked at the Packer Avenue Marine Terminal in South Philadelphia, which made it the largest ship ever to call the Port of Philadelphia.

“This new service comes as a direct result of the opening of the Panama Canal Expansion,” said David Whene, President of Greenwich Terminals LLC, operator of the Packer Avenue Marine Terminal. “Coupled with the near completion of the Delaware River Deepening Project, the Port of Philadelphia is poised to capitalize on this new service line as the only direct US east coast port of call between the west coast of South America and Europe.”

The MSC Sophia Celeste was completed in 2014 and has an on-board capacity of 8,819 TEU’s, of which 1,462 can be used with refrigerated container plugs for transporting perishable cargo. The ship is the first to trade on MSC’s newly redesigned South America West Coast-USA-Northwest Continent service line, which makes stops in Chile, Peru, Ecuador and the Bahamas, before calling Philadelphia and then heading to Rotterdam. Holt Logistics projects this new weekly service will not only produce more imports from South America through Philadelphia, but also increase volumes from the Midwest destined for export to Northwest Europe.

The MSC Sofia Celeste, an 8,800 TEU, (Twenty-foot Equivalent Unit) ship, is first in a new class of vessels to begin service between the West Coast of South America, East Coast of North America and Northwest Europe.

To view more photos and read the full statement visit www.philaport.com

*PHOTO COURTESY OF PRPA*

"With many major improvement projects on the horizon and now this record-size vessel calling the Port, so much is occurring to help us assure that the Port of Philadelphia fulfills its vast potential. We commend our partners at Holt Logistics and the ILA for their expert handling of the Sophia Celeste, which, in addition to its record-size cargo, also inaugurates a reinvigorated Northern European service at the Port.”

PRPA Chairman and 2016 Global Business Leadership Honoree Gerard Sweeney

The Philadelphia Regional Port Authority (PRPA) is an independent agency of the Commonwealth of Pennsylvania charged with the management, maintenance, marketing and promotion of publicly owned port facilities along the Delaware River in Philadelphia, as well as strategic planning throughout the port district. PRPA works with its terminal operators to modernize, expand, and improve its facilities, and to market those facilities to prospective port users. Port cargoes and the activities they generate are responsible for thousands of direct and indirect jobs in the Philadelphia area and throughout Pennsylvania.

For more information, contact:
Philadelphia Regional Port Authority
Director of Communications Joseph Menta
Office: (215) 426-2600
E-mail: jpmenta@philaport.com

EXIM Bank Expanding Regional Export Promotion Program with Local Communities

8/2/2016

Washington, D.C. – On Monday, August 1, the Export-Import Bank of the U.S. (EXIM) announced the expansion of its Regional Export Promotion Program (REPP), a joint effort between EXIM and regional organizations with a view to stimulating U.S. export sales abroad and bolstering job growth at home.

The program, which already boasts 38 members across 26 states and two U.S. territories, is welcoming applications from potential members.

World Trade Center of Greater Philadelphia is an EXIM Regional Export Promotion Program Partner
Next Export Finance Workshop: October 27, 2016 - MIDJersey Chamber of Commerce
Check back for workshop details here.

“Since 2009, EXIM has demonstrated a historic commitment to small business exports, and our local partners were key contributors to that success,” said Fred P. Hochberg, chairman and president of EXIM. “Through REPP, the Bank will continue to grow our network of regional, state, and local partnerships we need to ensure small businesses have additional tools and access to U.S. Government resources for exporters.”

Benefits of the program for companies, especially small businesses, include assistance with outreach and counseling; introduction to marketing and training materials; and access to qualified finance experts, lenders, insurance brokers, and U.S. Government export resources.

The Alabama International Trade Center, for example, assists small businesses in Alabama to enter foreign markets and expand their export sales and is part of The University of Alabama’s efforts to boost the state’s economic development.

“The Alabama International Trade Center at The University of Alabama has a thirty-five year history of working with EXIM Bank programs, and we look forward to growing that relationship with the new Regional Export Promotion Program,” said Bill Cummins, executive state director of the Alabama Small Business Development Center Network. “I’ve seen first-hand how EXIM programs really help small businesses grow their international sales, create jobs, and improve Alabama’s economy.”

Organizations eligible for membership include local, regional, or state economic development organizations or World Trade Centers that assist small businesses.

For more information on joining the program, please visit the REPP application page at www.exim.gov/who-we-serve/repp.

ABOUT EX-IM BANK:
EXIM is an independent federal agency that supports and maintains U.S. jobs by filling gaps in private export financing at no cost to American taxpayers. The Bank provides a variety of financing mechanisms, including working capital guarantees and export credit insurance, to promote the sale of U.S. goods and services abroad. Almost ninety percent of its transactions directly serve American small businesses.

In fiscal year 2015, EXIM approved $12.4 billion in total authorizations. These authorizations supported an estimated $17 billion in U.S. export sales, as well as approximately 109,000 American jobs in communities across the country.

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Global Innovation Forum: The New Faces of TransPacific Trade

Brazil Buzz! August 2016 Edition

2016 UPS X-Port Challenge Deadline September 15

First “Neo-Panamax” Shipping Vessel Calls Port of Philadelphia

EXIM Bank Expanding Regional Export Promotion Program with Local Communities

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Global Innovation Forum: The New Faces of TransPacific Trade

Brazil Buzz! August 2016 Edition

2016 UPS X-Port Challenge Deadline September 15

First “Neo-Panamax” Shipping Vessel Calls Port of Philadelphia﻿

EXIM Bank Expanding Regional Export Promotion Program with Local Communities

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First “Neo-Panamax” Shipping Vessel Calls Port of Philadelphia