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Trade

Shipping and distribution startup with Icelandic ties sets course for Portland

Renee Cordes |

Six years after Eimskip moved its U.S. headquarters to Portland, another company doing business between Iceland and North America aims to make its mark in Maine's largest city. The future newcomer is...

Leveraging niche market, Hodgdon splashes two tenders for European megayacht

Laurie Schreiber |

The launch of two new tenders for a superyacht under construction in Germany signals a thriving niche market — although one facing increasing competition — for the Damariscotta superyacht...

USM, businesses launch institute to strengthen economic ties across the North Atlantic

William Hall |

A new international consortium of universities and businesses could expand economic and educational ties between Maine and countries such as Iceland and Norway.

Tariff ruling protects 130 jobs and future growth of Sanford rug manufacturer

Staff |

Maine's congressional delegation announced Tuesday that Flemish Master Weavers, with 130 employees working at its 210,000-square-foot plant in Sanford, prevailed in its application for an exemption...

USM to launch North Atlantic partnership with goal of growing state's economy

Staff |

The University of Southern Maine will announce Thursday its intent to form the Maine North Atlantic Institute, a comprehensive economic and educational collaboration working with Maine businesses,...

Gov. LePage heads to Iceland to participate in Arctic Circle Assembly

Staff |

Gov. Paul R. LePage is leading a delegation of more than 40 Mainers to Reykjavik, Iceland, who will participate in the 2018 Arctic Circle Assembly, the largest network of international dialogue and...

Saint Joseph's contributes to research on improving survivability of shipped lobsters

Laurie Schreiber |

An academic and industry collaboration is looking into ways to create an environment where a “soft shell lobster” can be turned into a more resilient and valuable “hard shell...

Eimskip USA's Portland-based managing director steps down

Staff |

After nine years of leadership at Icelandic shipping company Eimskip USA, Larus Isfeld is stepping down as managing director. The company will look for a permanent replacement for its Portland...

MITC awarded $345K in federal funds to help small businesses expand globally

Staff |

The Maine International Trade Center has been awarded $345,000 in competitive federal funding to help the state's small businesses become bigger exporters. The award was from the U.S. Small Business...

MITC offers 'Global U' training for businesses with international ambitions

Staff |

The Maine International Trade Center is launching a new 'Global U' education series to give small businesses a leg up on global success.

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