Maritime Cargo News - page 60

 

CMA CGM Launches Rhine Valley Rail

Sep 13, 2019

The CMA CGM Group has introduced Rhine Valley Rail, a new rail service connecting the Port of Rotterdam with the German hinterland. The train connections are aligned with CMA CGM’s deep-sea services.Operated in cooperation with TFG, the Rhine…

K Line Takes Delivery Of Corona Citrus

Sep 12, 2019

Japanese shipping giant Kawasaki Kisen Kaisha (K Line) has taken delivery of a 88,000 dwt coal carrier from compatriot shipbuilder Imabari Shipbuilding in Marugame.Named Corona Citrus, the vessel was delivered on September 11 for electric utility Electric Power Development Co…

Cruise Lines Invests $22 Bln in Clean Fuel Tech

Sep 12, 2019

Cruise Lines International Association (CLIA) said that its Cruise Lines have invested more than $22 billion in ships with new, energy-efficient technologies and cleaner fuels and achieved substantial progress.“While cruise ships comprise far less than 1% of the global maritime community…

Hapag-Lloyd Launches Quick Cargo Insurance

Sep 11, 2019

German-based global cargo container shipping line, Hapag-Lloyd AG is expanding its digital product portfolio. As one of the first container shipping companies, Hapag-Lloyd is now offering its customers an online marine insurance.'Quick Cargo…

Seaspan Buys 9600 TEU Boxship

Sep 10, 2019

Hong Kong-headquartered containership management and ownership company Seaspan Corporation announced that it has purchased a 2010-built 9600 TEU containership and entered into a fixed rate time charter agreement for the vessel with Ocean Network Express (ONE)…

Baltic Index Falls for Third Straight Day

Sep 09, 2019

The Baltic Exchange's main sea freight index fell on Monday for the third consecutive day, as lower demand for ships across segments eased rates.The Baltic index, which tracks rates for ships ferrying dry bulk commodities, fell 40 points, or 1…

MacGregor Develops Cargo System for MSC Boxship

Sep 09, 2019

Cargotec company MacGregor has developed a new cargo system for one of the world’s largest container ships, the MSC Gülsün.The ship was built by South Korean company Samsung Heavy Industries (SHI) and delivered in July of this year, having a capacity of more than 23…

UK Risks Losing Edge in Maritime Services

Sep 09, 2019

Britain's position as a top hub for maritime services is being eroded by competition, a loss of shipping finance business and the removal of tycoon-friendly tax breaks, a report said, deepening uncertainty for its financial sector as Brexit nears…

DP World’s Topaz, P&O Merger Complete by Year-end

Sep 09, 2019

Port operator DP World's planned merger of its P&O Maritime and recently acquired Topaz Energy and Marine businesses is expected to be completed by the end of the year, Topaz CEO Rene Kofod-Olsen said on Monday.DP World bought Dubai-based oil…

Russian Railways, FESCO Digitalization for Cargo

Sep 09, 2019

Russian Railways (RZD) and FESCO Transportation Group are launching a service for electronic document flow for intermodal shipments of import freight through the Commercial Port of Vladivostok (VMTP, is part of FESCO Transportation Group), hence…

Expansion for Far East and Trans-Siberian Railway

Sep 08, 2019

FESCO Transportation Group, the largest intermodal transport operator in Russia, and Polish rail operator PCC Intermodal S.A. agreed on developing services of expedited cargo delivery from Japan, South Korea and China to European countries and…

2Q Red Ink for CMA CGM Again

Sep 06, 2019

CMA CGM, the world's fourth-largest container shipping firm, reported a second straight quarterly loss as its takeover of CEVA Logistics weighed on its results, but said its business volumes remained strong thanks to growth in the U.S. economy…

Polaris Celebrates 70 Years of Taylor-Dunn

Sep 06, 2019

It’s an industrial workhorse with humble beginnings and it’s turning 70. Taylor-Dunn, part of Polaris Inc., started in the garage of RD Taylor in 1949 when he designed and built his first electric-powered cart to help him drive new efficiencies across his small poultry supply business…

Evergreen, CN Extend Intermodal Pact

Sep 05, 2019

Canadian National Railway (CN) and Taiwanese container transportation and shipping company Evergreen Line announced that their long-standing relationship of 27 years will continue with a new agreement extending their intermodal partnership.Evergreen…

Tideworks, Liebherr, Enter Cooperation Agreement

Sep 05, 2019

The two companies to cooperate on offerings for the global supply chain.Tideworks Technology announced cooperation activity with Liebherr Container Cranes Ltd. (LCC).This is Tideworks’ first cooperation with an equipment manufacturer and demonstrates…

Logistics News

As China's Economy Slows, So Too Does Dry Bulk Shipping

As China's Economy Slows, So Too Does Dry Bulk Shipping

BSM Launches Methanol Bunkering Simulator

BSM Launches Methanol Bunkering Simulator

Panama Auditor Files Suit to Scrap CK Hutchison-Controlled Port Contract

Panama Auditor Files Suit to Scrap CK Hutchison-Controlled Port Contract

British Port Association Responds to the Government's Annual Port Trade Statistics

British Port Association Responds to the Government's Annual Port Trade Statistics

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New York Times Business News - July 31,