Maritime Cargo News - page 128


Milaha Launches Direct Container Service Between Qatar and Kuwait

Aug 17, 2017

Milaha, a Qatar-based maritime and logistics conglomerate, has launched the first ever direct feeder service between Qatar and Kuwait.  The new service, named KQX (Kuwait Qatar Express Service), will operate between Hamad Port in Qatar and Shuwaikh Port in Kuwait once a week initially…

Maersk Wants Trade Finance Role

Aug 16, 2017

Maersk Line, the world's biggest container shipper, is venturing into trade finance, as it seeks to fill a lending gap left by indebted banks pulling out of the crisis-hit shipping industry. Moving into traditional bank territory and further down the shipping value chain…

Maersk Reports Q2 Loss, Sees Cyber Attack Bill at $200-$300 Mln

Aug 16, 2017

Danish shipping group A.P. Moller Maersk reported an unexpected net loss in the second quarter due to terminal and tanker impairment charges, but said it was upbeat on the container shipping outlook. Maersk also said it expected a $200 million…

SC Ports Reports Record Box Volumes

Aug 14, 2017

South Carolina Ports Authority (SCPA) announced calendar year-to-date container volume increases of 13 percent and the strongest July on record.  Since the calendar year began, SCPA has handled 1.3 million twenty-foot equivalent units (TEU)…

DOT Recommends FASTLANE Grant for Port of Indiana-Burns Harbor

Aug 11, 2017

U.S grant funds will support $19.7 million expansion of port's multimodal infrastructure The U.S. Department of Transportation (DOT) has recommended to Congress that the Port of Indiana-Burns Harbor receive one of 10 FASTLANE small project grants for 2017…

GPA Tops 2.85 Mln Tons in July

Aug 10, 2017

The Georgia Ports Authority (GPA) said it moved 2.33 million twenty-foot equivalent container units for the calendar year through July, up 10.8 percent, or an additional 230,000 TEUs. 'It is through the incredible efficiency and productivity…

Ports Ponder Public Private Partnerships

Aug 09, 2017

Because any port is only as efficient as its weakest link, so-called P3 funding will be the key to driving the future intermodal equation. Seaport and marine terminal finance draws from a wide range of funding sources, often combined to pay for a particular project…

Maritime UK Chief Welcomes $8.6 Bln Infrastructure Project

Aug 09, 2017

Maritime UK Chairman, David Dingle, has welcomed the signature of a major construction contract to deliver the tunnels, bridges and earthworks for phase 1 of the HS2 project. The contracts cover works on both Stage 1 and Stage 2 of the high-speed rail 2 (HS2) project…

New Route for Container Trains in UTLC Services

Aug 06, 2017

In connection with the increased cargo transportation by accelerated container trains en route China/ Europe/ China, UTLC JSC jointly with Belintertrans-Germany LLC, with assistance of the Belorussian Railways Baranovichi Division, is introducing…

Navigating the Rough Waters of Misclassification

Aug 04, 2017

Over the last few decades, international trade has exploded, driven in large part by tremendous improvements in efficiency and transportation cost reductions related to the containerization of freight. Reaping success depends on an intricately…

Protest in Brazil May Delay Grain Loadings

Aug 03, 2017

Brazil grains exporters group Anec on Thursday said it will send an official communication to foreign buyers saying that protests by truck drivers in the country might delay grain loading operations at Brazilian ports. Anec's director Sergio…

Freight Train Derails, Sparks Fire in Pennsylvania

Aug 02, 2017

A freight train on a CSX Corp line derailed in southern Pennsylvania on Wednesday, the company said, and local authorities said a freight car struck a garage which caught fire and they ordered the evacuation of nearby residents. No injuries were reported after the derailment in Hyndman…

Ports of Indiana Shipments up 19% in 2017

Aug 01, 2017

Shipments reached nearly 5.7 million tons and grew by 19 percent at the Ports of Indiana during the first six months of 2017 compared to the same time period last year. The growth, led primarily by increased shipments of coal, ethanol, fertilizer…

POLB Solicits Proposals For Zero-Emissions Technology

Jul 28, 2017

The Port of Long Beach, in partnership with the Port of Los Angeles, has released a request for proposals seeking demonstrations of technologies to upgrade tugboats, crew boats, barges and other harbor craft to cleaner engines. Harbor craft…

Crowley’s New U.S. to Cuba Express Shipping Service

Jul 27, 2017

Crowley Logistics' new U.S.-Cuba Express shipping service for approved donated goods from South Florida to Cuba features at least three sailings per month, fast 16-hour transits and delivery at destination.Individuals can ship non-commercial gift parcels that meet particular requirements…

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