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Anhui Provincial Port and Shipping Group has set up a ro-ro transportation company with Chinese car makers Chery and JAC. The newly established joint venture, Anhui Hangrui International Ro-Ro Transportation Company, will also be engaged in international container shipping, cargo transportation a...Read more »
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THE sinking ocean freight market looks set for an “extremely challenging” 2023, according to Oslo-based Xeneta, reports New York’s Maritime Logistics Professional. An analysis of the latest real-time freight rates suggests that ocean cargo volumes could fall by up to 2.5 per cen...Read more »
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MAERSK, until recently the biggest shipping company in the world, is advocating more stringent measures to eliminate the use of abundant fossil fuel in world shipping, reports Rotterdam’s Offshore Energy. Separately, veteran observers say seldom if ever does a leading company urge a sector-...Read more »
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HONG Kong’s Chief Executive John Lee Ka-chiu has called for the city to attract more high-quality maritime businesses, adding that it is keen to maintain its international shipping centre status despite unprecedented headwinds, reports HK’s SCMPost. Speaking at the World Maritime Merc...Read more »
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PORT Houston in Texas has ordered 14 hybrid Konecranes RTGs for its Barbours Cut Container Terminal and 12 hybrid Konecranes RTGs for its Bayport Container Terminal, in a move to support the port’s expansion as it gets ready to receive larger container ships and higher volumes of container ...Read more »
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A NEW cargo terminal at Zhengzhou Xinzheng International Airport has begun receiving shipments as it prepares for a full opening, reports London’s Air Cargo News. Taiwan forwarder Dimerco Express declared that it worked with Cathay Pacific on its first flight for the new Zhengzhou North Car...Read more »
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LOW Rhine water levels are hindering inland shipping in Germany, with inland shipping playing a vital role in the nation for energy sources such as coal and natural gas, reports Xinhua. “The low water level of the Rhine and many other rivers is currently affecting freight transport on inlan...Read more »
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CHINA’s largest coastal container shipping company Zhonggu Logistics wants to expand further into intra-Asia shipping via a collaboration agreement with state-owned logistics group Sinotrans. The cooperation agreement covers freight forwarding and warehousing support in south-east Asia, rep...Read more »
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FRENCH shipping giant CMA CGM has been lauded for its sustainable practices to decarbonise container transportation at the recently held Singapore Environmental Achievement Awards 2022 where it won the Green Transport award. The orgaiser of the award, the Singapore Environment CounciGroup, commen...Read more »
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THE Panama Canal has celebrated its 108th anniversary, a legacy marked by continued contributions to international trade and record-breaking figures in recent years. Since its inauguration on August 15, 1914, and even more so with the expansion of its capacity in 2016, the Panama Canal has levera...Read more »
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TAIWAN’s Yang Ming Marine Transport Corp will add one more new 11,000-TEU containership, the YM Throne, reports the American Journal of Transportation. The vessel is chartered from Shoei Kisen Kaisha Ltd and built by Imabari Shipbuilding Co. The naming ceremony of YM Throne took place at Im...Read more »
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FEDEX Express announced the launch of a new route between Asia and Europe, which the company said will benefit customers in North Asia, including China and Japan, with increased connection and service dependability. Customers in Singapore will also benefit from increased European inbound capacity...Read more »
