Intermodal

Substantial Demand Underscores Need for TIGER Grants

U.S. Transportation Secretary Anthony Foxx has announced that applications to the U.S. Department of Transportation for its seventh round of Transportation Investment

Neptune Orient Lines Logs Q2 Profit

Singapore's Neptune Orient Lines Ltd (NOL) swung to a tiny net profit in its second quarter after six straight quarters of losses but said it had seen severe freight rate erosion.

Dometic Debuts Engineering Team for Ship-wide Ventilation

Dometic Marine, a division of Dometic Group, a global provider of leisure products for the marine, truck, caravan, motor home and automotive markets, has unveiled its new,

Philippine Port Project Draws Multi-National Attention

MANILA, July 29 (Reuters) - A 18.99 billion pesos ($417.91 million) project to modernise a port in the southern Philippines has attracted interest from five groups,

G6 Alliance Modifies Asia-Europe

 The G6 Alliance has strengthened its Asia-Europe service by adding additional ports.    The G6 alliance, consisting of APL, Hapag-Lloyd, Hyundai Merchant Marine, Mitsui O.

Work Begins on $1.6 bln Container Terminal at Jebel Ali Port

DP World Chairman Sultan Ahmed Bin Sulayem announced the start of construction work on a brand new container terminal at Jebel Ali Port, Dubai.   Phase 1 of the

Mozambique Port Accident Deals Blow to Vale Coal Project

A coal stacker has collapsed at the Mozambique port of Nacala, dealing a blow to Brazilian miner Vale's effort to start coal shipments from the African nation in the third quarter,

BTP Handles Millionth Container

Brazil’s newest container terminal hits a series of efficiency milestones   Brasil Terminal Portuário (BTP), Brazil’s newest container terminal in the Port of Santos,

Georgia Ports Score Record Cargo Numbers

The Georgia Ports Authority moved a record 3.66 million twenty-foot equivalent container units in Fiscal Year 2015, an increase of more than half a million TEUs.

Korea Plans Big for Busan Port

Port of Busan aims to handle 13 million TEU of trans-shipment cargo by 2020 ranking it number two in the world.    A long-term vision and strategy to develop

Asia-Europe Box Rates Down 23 pct

Shipping freight rates for transporting containers from ports in Asia to Northern Europe dropped 22.8 percent to $400 per 20-foot container (TEU) in the week ended last Friday,

Port Infrastructure Projects Underway in Virginia

U.S. Transportation Secretary Foxx breaks ground on major infrastructure projects at the Port of Virginia; federal funding supports reduced congestion in nearby neighborhoods   U.

DP World Opens London Gateway Logistics Centre

 DP World's first distribution centre at the London Gateway Logistics Park opened officially, with the UK's shipping minister, Robert Goodwill MP, in attendance.

Eurostar Breaks Passenger Growth Record, Despite Calais Strike

 Channel Tunnel rail operator Eurostar has reported record quarterly passenger numbers despite the disruption caused by strikes in Calais.   Around 2.8 million

BHP to Spend $240 mln on Iron Ore Tug-Boat

 BHP Billiton plans to construct a new eight pen tug harbour at Hunt Point in Port Hedland, as well as purchase six additional tugs, for $US240 million ($A326 million).

Kansas Shipping Hub Announce Finalists

 Seven finalists have been selected for the site of a proposed Kansas transload shipping center.   The Kansas Department of Transportation/Kansas Turnpike Authority

China to Roll out World's Largest Sea Plane

 China has started assembling the world's largest amphibious aircraft which it plans to deploy in the disputed South China Sea besides aggressively marketing it abroad, state-run China Daily reported.

Egypt Completes New Waterway in Suez Canal

 Egypt has completed dredging for the new shipping route in the Suez Canal, says the government sources. The mega national project ‘New Suez Canal’ is scheduled to be inaugurated on August 6.

Temasek to Sell Neptune Orient Lines

Singapore state investment company Temasek Holdings has put up its struggling $1.7 billion shipping company for sale, the Wall Street Journal reported, citing people familiar with the matter.

Los Angeles Box Volumes Slip

  June 2015 containerized cargo volumes at the Port of Los Angeles decreased 2 percent compared to the same period last year. The Port handled a total of 721,802

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