Our bi-monthly newsletter, GlobalView, includes timely articles on changing international markets, upcoming trade missions and shows, feature articles on MITC members, and key trade statistics.
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Recent MITC News Coverage
Three months after setting up an office in Bogota, Colombia, South Portland-based Allagash International is lining up what could be its biggest job yet in that South American country...But success there didn't come from just showing up..."When you go (to Latin America), you have to have a three- or five-year business plan," Ingram says...That's his advice to other Maine companies looking to make inroads in Latin America aboard the Maine International Trade Center's first trade mission to Colombia and its second to Mexico this fall.
6/11/2013 , Mainebiz
LePage announces trade mission to Mexico, Colombia (PDF)
Gov. Paul LePage will make his second international trade trip, going to Mexico and Colombia this fall to promote Maine businesses in those growing markets. LePage and the Maine International Trade Center will lead a group of Maine businesses and schools on the trip. The last state trade trip to Mexico occurred in 2001. This will be the first to Colombia.
6/1/2013 , Portland Press Herald
As polar ice recedes, Maine could become a logistical hub (PDF)
Maine can take advantage of a "historic shift" happening in global commerce to become a major logistical hub for North America, the president of Iceland said on Friday at an event organized by the Maine International Trade Center. In the last four years, polar ice in the Arctic Ocean has receded to the point where northern shipping routes can be used to reach Asia from the North Atlantic.
5/31/2013 , BDN Maine
President of Iceland visits Maine
The President of Iceland was in Maine Friday, serving as keynote speaker for Maine International Trade Day. President Olafur Ragnar Grímsson said we all need to start tilting our world view to the north.
5/31/2013 , WCSH6
Iceland president to visit Maine (PDF)
The president of Iceland will be in Maine next month to show his support for Eimskip, the Icelandic shipping company that has made Portland its North American hub for trans-Atlantic container service. President Ólafur Ragnar Grímsson will be the keynote speaker May 31 at Maine International Trade Day. He is expected to talk about business opportunities that may be created as global warming shrinks the polar ice cap.
4/23/2013 , Portland Press Herald
Cold storage needed to boost new shipping service (PDF)
When Icelandic container shipping service Eimskip arrived at Portland's International Marine Terminal on March 29 with its first shipment — bottled water and frozen fish — it received a warm welcome in a city where inconsistent container service has stymied attempts to build robust import/export operations. But warmth takes a backseat to cold when it comes to growing the port into a major East Coast shipping hub, according to Darrell Pardy, president of Portland-based Bristol Seafood.
4/15/2013 , Mainebiz
ME exporters change tack in marketing abroad (PDF)
Think marketing in the United States, and a few methods spring immediately to mind: advertising, publicity, social media, and maybe trade or consumer shows. But when marketing to foreign customers, Maine's exporters have to take a broader, more strategic approach: Rather than focusing on which communication tools are best suited to reaching and persuading their products' end-users, exporters are more concerned with establishing and nurturing workable market channels.
4/15/2013 , Mainebiz
Hopes high as shipper starts Maine service (PDF)
The container ship Skogafoss is due to arrive in Portland late Friday night to deliver containers filled with bottled water from Iceland and frozen fish from Iceland and Norway. It's not much – just 40 containers – but it's the start of the first direct container service between Maine and Europe in 33 years.
3/29/2013 , Portland Press Herald
Improvements at Portland terminal attracted new shipping firm, manager says (PDF)
Eimskip, an Icelandic shipping company, on Monday announced its plans to move its North American headquarters from Norfolk, VA, to Portland, ME, with a goal to import and export all freight from the Portland waterfront. More details were revealed at a news conference at Portland’s International Marine Terminal on Wednesday morning.
2/13/2013 , BDN Maine
China trade mission presents new markets for Maine (PDF)
Participants in the state's first gubernatorial trade mission to China in mid-September are lauding the trip as an important step in establishing business relationships with one of Maine's fastest-growing export markets.
10/1/2012 , Mainebiz
Feds give Maine $121K to help small businesses expand export capabilities (PDF)
The U.S. Small Business Administration has awarded $121,000 to the Maine International Trade Center to help small businesses expand their abilities to export.
9/25/2012 , BDN Maine
Maine group buoyed by trade mission to China (PDF)
Several Maine businesspeople returned over the weekend from Maine’s trade mission to China encouraged about the potential for increased exports and partnerships with the world’s second-largest economy.
9/17/2012 , Bangor Daily News
Maine Governor Heads Trade Mission to China (PDF)
Maine Gov. Paul LePage is leading his first overseas trade mission. LePage is headed to Hong Kong and Shanghai to try to boost exports of Maine-made goods.
9/10/2012 , MPBN
LePage leading trade mission to China next week (PDF)
Gov. Paul LePage will lead a week-long trade mission to Hong Kong and Shanghai next week.
9/4/2012 , The Kennebec Journal