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Recent MITC News Coverage
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
Should you sell to Asia? (PDF)
It takes a dedicated effort, but expanding Maine products into overseas markets is something more businesses should consider. The growth points to Asia. Asian businesses and consumers purchased about $1.66 billion in Maine products in 2011 — more than double the number in 2002.
6/12/2012 , Bangor Daily News
Diversity predicts export success, MIT professor tells Maine audience (PDF)
For those willing and able to plumb the depths of some pretty dense data and economic theory, a strategy for increasing Maine’s exports could be found in Cesar Hidalgo’s presentation Thursday. Hidalgo, a professor at the Massachusetts Institute of Technology, spoke at the Maine International Trade Center’s annual Trade Day at the Samoset Resort. The theme of the conference was innovation for global markets.
5/24/2012 , Bangor Daily News
International trade growing business for Maine
Some Maine companies are finding new business and customers by going overseas. And the Maine International Trade Center says there's room for a lot more companies to join them. Several hundred people came to the Trade Center 's conference in Rockland to learn more about the export world.
5/24/2012 , WCSH6 News
Maine companies recognized for contributions to international trade (PDF)
The Maine International Trade Center (MITC) recognized companies including Hancock Lumber Co. and Falcon Performance Footwear for their contributions to the state's international business community. At an all-day seminar in Rockport for a crowd of almost 300 people, MITC hosted speakers such as Cesar Hidalgo from Massachusetts Institute of Technology and faculty associate at Harvard University’s Center for International Development.
5/24/2012 , Portland Press Herald