AMERICA's CSX railway and the state of Maryland is in the midst of selecting a site for a new 70-acre intermodal facility to bring in double-stacked container trains more efficiently, reports the Baltimore Sun. Four possible sites have been located along the Interstate 95 highway in Anne Arundel, Howard and Prince George's counties. A dozen have alread...
Marseille-based French shipping giant CMA CGM has received its first of two 11,388-TEU ships from Hyundai Heavy Industries ordered in June and September 2006. The CMA CGM Titan and CMA CGM Cassiopea will join its Far East-Europe FAL 3 loop upgrading its current ship sizes between 8,500-9,500-TEU. The vessels are ninth and tenth of a series of 12 built 18...
Another Korean shipping line has hit the wall, citing poor freight markets plus pirate attacks for its downfall. Chemical tanker owner Samho Shipping has filed for court protection in Seoul joining fellow compatriots Parkroad and Korea Line in receivership. Samho was the victim of two pirate attacks. Chemical tankers have been in the doldrums freight rate w...
AIR China Cargo has officially started flying from Dalian Zhoushuizi International Airport in northern China to Frankfurt via Shanghai's Pudong International Airport using a Boeing 747-400 freighter, in a bid to add much-needed air lift capacity between Dalian and Europe. "With Air China Cargo's network, cargo in Dalian can also be effectively transport...
CANADA's second largest railway, the Canadian Pacific (CP), has reported a fall in net profit of 67 per cent to C$33.7 million (US$35.4 million) in the first quarter from a revenue only slightly down on same period last year of $1.2 billion, with intermodal revenues off 0.5 per cent to C$311.8 million. The profit decline was attributed to dire winter con...
NATIONAL Container Company (NCC), a container terminal operator in Russia and the Commonwealth of Independent States (CIS), announced that it has started to use recently approved "dry port" technology to move containers between its First Container Terminal (FCT) and Logistika-Terminal (LT) in St Petersburg. The new procedure enables containers to be tran...
CENTRAL China's big city Wuhan has started developing the first public Internet portal offering real-time logistics information, Xinhua reports. The website serves as a platform for shippers and truckers to find each other, and mainly provide relevant information of the Dongxihu District logistics hub, located west of the city. Jointly developed by C...
SEASPAN has taken final delivery of last of eight 8,495-TEU ships on order since May 2007 from Hyundai Heavy Industries (HHI), its fourth delivery in 2011. The Cosco Vietnam is on a long-term charter of 12 years extendable by up to three more years by Cosco Container Lines (COSCON) and expands Seaspan's operating fleet to 59 vessels. The vessel is the...
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