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A DANISH court appointed officer called a "reconstructor" will pursue 83 shippers for US$23 million for failing to meet cargo commitments to The Containership Company (TCC) which says it was forced suspend business because of their failure to do so. TCC chief operations officer Franck Kayser said the reconstructor, lawyer Jorgen Hauschildt, is pursuing pa...
Recently, the NYK Lodestar docked at the HHLA Container Terminal Altenwerder (CTA), Hamburg. According to Exim News Service, her cargo included containers shipped directly from Vietnam, to be unloaded in Hamburg. The vessel was the first of the Grand Alliance consortium to call at the Vietnamese deep-water port of Cai Mep, located about 60 km southeast of H...
FEDEX Express is building a new regional hub for handling expedited delivery packages at Singapore's Changi Airport. The facility is expected to boost the company's connections with global markets and support the Lion City's aim of becoming a leading air freight hub in southeast Asia. The 282,700-square-foot centre will be the company's second larges...
THE International Air Cargo Association (TIACA) is warning of "significant global supply chain disruption" if the US Transportation Security Administration (TSA) enforces 100 per cent screening of inbound cargo from December 31 as planned. Speaking at the association's executive summit in Bangkok, the newly-elected chairman of TIACA's security sub-comm...
AMERICA's Norfolk Southern railway has posted a 26 per cent first quarter profit increase to US$325 million drawn on operating revenues of $2.6 billion, a rise of 17 per cent. First quarter intermodal sales rose 18 per cent to $485 million, general merchandise revenue stood at $1.3 billion, an increase of 10 per cent, reported American Shipper, while coa...
SOUTH AFRICA's Transnet Capital Projects, a conglomerate combining national rail, ports and pipeline interests, has ordered three railway Konecranes gantries for Johannesburg's City Deep Terminal (CDT). CDT is Transnet's largest inland container depot in South Africa, serving Johannesburg and Pretoria. Most containers are moved from Durban by rail and ...
THE Hong Kong Association of Freight Forwarding and Logistics has re-elected Paul Tsui of the Janel Group in HK as HAFFA chairman for a further two years at the association's annual general meeting, as well as appointed its 2011/2013 executive committee. A HAFFA statement said that to strengthen continuity of the association's "vision and policy impleme...
THE number of idle containerships has reached a 30-month low with only 71 ships recorded as unemployed, according to an Alphaliner fleet survey. As of April 25, the Paris-based maritime analysts said on 0.9 per cent of the global cellular container fleet stands idle, accounting for 134,000 TEU, the lowest since the collapse of Lehman Brothers in September...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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