Intermodal

Indian Shipping Seeks Road Fund for Development of Waterways

 The Shipping Ministry of India has mooted a proposal to utilize part of the fuel cess collected for building national highways for expansion of National Waterways as well.

NordLB to Shed Shipping Loans to KKR

German state-owned lender NordLB and KKR Credit said they had reached an agreement by which KKR Credit will acquire a $1.5 billion portfolio of shipping loans from

APM Terminals JV Inks AP Solar Project Deal

APM Terminals Inland Services, South Asia has signed a contract with Mahindra Susten to provide exclusive Third Party Logistics (3PL) services in India for an upcoming

DP World H1 Profit Soars on Acquisitions

DP World, one of the world's largest port operators, reported a 50 percent leap in net profit for the first half of this year on Thursday, helped by the acquisitions

DP World to Delay Jebel Ali Port Expansion

Company blames softer market conditions; plan to add 1.5 mln TEU to Terminal 3 delayed into 2017. DP World, one of the world's largest port operators, is delaying

DP World Partners Hyperloop for Technology Evaluation

Global trade enabler DP World has signed a Memorandum of Understanding (MoU) with US-based Hyperloop One to explore the role of innovation in the future of world trade.

Port of Hamburg Seaborne Cargo Down Slightly in 2016

First-half seaborne cargo throughput of 70.2 million tons reflected stabilization of the trend for the Port of Hamburg. At the same time, a steep increase occurred

Hapag-Lloyd Ships 42 Trains to Peru

apag-Lloyd has loaded a metro train with six cars today in Salerno, Italy. The train will be shipped aboard the Cerinthus to the Peruvian port of Callao. From there,

Asia N.Europe Box Rates PLunge 10.5 pct

Container spot freight rates from Asia to Northern Europe fell 10.5 percent to $771 per twenty-foot equivalent units (TEU) last week, data from the Shanghai Shipping Exchange showed.

India to Establish New Multi Modal Terminal in Varanasi

 Indian Shipping Minister Nitin Gadkari has layed the foundation stone for a multi-modal terminal at Varanasi.   The phase-I of the multi-modal terminal will

Big Dakota Pipeline to Upend Oil Delivery in US

It may seem odd that the opening of one pipeline crossing through four U.S. Midwest states could upend the movement of oil throughout the country, but the Dakota Access line may do just that.

Port Bronka Performed Operational Start-up Phase

Port Bronka, the new deepwater port in St. Petersburg, was opened by mid of December 2015. Regular services started by January 2016. Meanwhile, the port offers

Hapag-Lloyd Posts H1 Loss

Freight rates down 20 pct; CEO says to focus on costs cuts, merger deal with UASC. German container shipping group Hapag-Lloyd said it dropped to a first-half

Cosco Acquires 51% of Piraeus Port

China's COSCO Shipping , owner of the world's fourth largest container fleet, took a 51 percent stake in Greece's largest port on Wednesday. The sale of Piraeus

Matson Nabs Top Ocean Carrier Honor

For the third consecutive year, Matson, Inc. (NYSE: MATX) subsidiary Matson Navigation Company, a leading U.S. carrier in the Pacific, has been rated by shipping

Mammoet Moves Longest Turbine Blade

Mammoet Wind, the turnkey solution provider for the wind energy industry, has successfully transported the world’s longest wind turbine blade from LM Wind Power’s

Iran, Russia Rail Link as Rival to Suez Canal

 Russia and Iran plan railway link through Azerbaijan that would aim to grab a share of the cargo now being shipped through the Suez Canal, reports Tasnim.    Russia’s transport minister,

Asia-N.Europe Box Rates Plunge 23.5 pct

Container spot freight rates from Asia to Northern Europe fell 23.5 percent to $861 per twenty-foot equivalent units (TEU), data from the Shanghai Shipping Exchange showed.

COSCO to buy 51 pct stake in Piraeus Port

China COSCO Shipping, which owns the world's fourth largest container fleet in terms of capacity, is expected to wrap up the purchase of a majority stake in Greece's largest port,

Just One Bid for Greece Rail Project

Greece has received only one bid to build and run a new rail freight terminal outside Athens, a project it has been trying to get underway for years, the country's transport ministry said on Tuesday.

 
 
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