The structure and technics at Kiel’s shunting station in Meimersdorf have been enhanced in such a way that freight trains with an effective length of 740 m (535 m before) can enter and exit the station as of now. On the occasion of an official ceremony taking place on November 7th…
China and the United States have agreed to cancel in phases the tariffs imposed during their months-long trade war, the Chinese commerce ministry said on Thursday, without specifying a timetable.An interim U.S.-China trade deal is widely expected to include a U…
Italian shipbuilder Fincantieri held an official float-out ceremony at its shipyard in Marghera for Costa Firenze, Costa Cruises’ second ship designed and built specifically for the Chinese market.Costa Cruises is the Italian company of Carnival Corporation…
Building on the pioneering legacy of the refrigerated container shipping industry’s first controlled-atmosphere system 25 years ago, Carrier Transicold has developed the next-generation EverFRESH system. Carrier Transicold is a part of Carrier…
British cruise line Holidays announced plans to launch a newbuild river cruise ship to sail on European rivers in spring 2021.The new ship will be built by Vahali, a Dutch-founded company which has been building rivers ships since 1923. The new vessel is christened Spirit of the Rhine…
Oil prices rose more than 1% on Tuesday on hopes for a U.S.-China trade agreement and optimism that Washington could roll back some tariffs on Chinese imports.Brent crude futures rose 74 cents, or 1.2%, to $62.87 a barrel by 12:56 p.m. EST (1756 GMT)…
World shares climbed back towards record highs and safe-haven bonds tumbled on Tuesday, as hopes that Washington may roll back some of the tariffs it has imposed on Chinese imports rekindled optimism about the global economic outlook.A year-end rally looked to be building…
The Swedish container market had a slight downturn during H1 2019, with a 1% fall, but the Port of Gothenburg has reported a steady rise in both market share and volume.Between January and September this year, the figure stood at four per cent…
On Saturday, November 2nd, the Massachusetts Port Authority (Massport) received two new rubber-tired gantries (RTGs), increasing the number of RTGs at the Paul W. Conley Container Terminal to 16. Adding equipment is part of an $850 million investment…
The Roll On Roll Off (RORO) Company, a digital freight forwarder, recently launched its new platform, RORO.com, to accelerate global trade of large assets. With access to instant quotes, schedules and bookings, users can save time and money on shipping machinery…
During the cruise season that ended on 22 October, a total of 603,500 cruise passengers arrived in Helsinki. This was 16 per cent more than the previous year.There were a total of 303 ship visits to Helsinki. This was the first time the number exceeded 300…
MSC Cruises, a global cruise line registered in Switzerland and based in Geneva, has held a steel-cutting ceremony for its first new-generation World-Class ship at the Chantiers de l'Atlantique shipyard in Saint-Nazaire, France.The first of…
Further disruption in ocean freight rates expected despite best efforts from leading carriers, according to Xeneta Container Rates Alert.Long-term contracted ocean freight rates for carriers continued their downward trend through the month of October…
Cargo shippers are diverting goods to more ports across Britain to ensure stable supply lines due to uncertainty over whether the UK will leave the European Union without an agreement, a top port executive said.Brexit has been delayed for a third time…
The initial 'phase one' trade pact with China appears to be in good shape and is likely to be signed around mid-November, although a finite date is still in question, U.S. Commerce Secretary Wilbur Ross said on Friday.'We're pretty comfortable that the phase one is in good shape…
