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Intermodal

CMA CGM Launches Rhine Valley Rail

Image: CMA CGM

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 Valley Rail service will officially start with its first train departure in Dortmund on 18 October.

K Line Takes Delivery Of Corona Citrus

Image: K Line

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. Ltd.The new Corona coal

Baltic Index Falls for Third Straight Day

AdobeStock / © Lucasz Z

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 1.6%, to 2,442 points.The capesize index dropped 105 points, or 2.

UK Risks Losing Edge in Maritime Services

Adobestock / © magicbones

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.The UK has been a pivotal global shipping centre for centuries,

MacGregor Develops Cargo System for MSC Boxship

MacGregor has built a new cargo system for one of the world’s largest container ships, the MSC Gülsün. (Photo © MSC Mediterranean Shipping Company SA)

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 23,000 TEU, a length of 400 meters and width of 61.

Expansion for Far East and Trans-Siberian Railway

Pic: FESCO

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 vice versa through the Far East and Trans-Siberian Railway.

2Q Red Ink for CMA CGM Again

A CMA CGM boxship underway in a file image (CREDIT: CMA CGM)

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.The French-based group said on Friday that it expected a better second half of the year,

Evergreen, CN Extend Intermodal Pact

Pic: Canadian National Railway

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 and CN have long enjoyed a mutually beneficial partnership,

MacGregor Cargo System for World's Largest Boxship

MSC Gülsün (Photo courtesy of MacGregor)

MacGregor, part of Cargotec, has designed the cargo system for the world’s largest containership, MSC Gülsün, which was delivered in July 2019 by South Korea’s Samsung Heavy Industries. She is 400 m long, 61.5 m wide and is the first in a series of 11 ultra-large containerships with a capacity of more than 23,000 TEU.

Hapag-Lloyd Splits EU Ops into Two Regions

Hapag-Lloyd CEO Rolf Habben Jansen: developing the organization and ensuring proximity to markets and customers.

(Photo: Hapag-Lloyd)

Cargo container shipping line Hapag-Lloyd has is to split its European operations into northern and southern regions. The company said the move was part of its strategy to remain closely connected with international clients. After the reorganization, Hapag-Lloyd will serve its customers from a total of six regions.

Cosco, CN Extend Intermodal Pact

CN.jpg

Canadian National Railway (CN) announced that COSCO Shipping has chosen CN to be the exclusive rail provider for the Chinese state-owned shipping company's discharge at the Ports of Vancouver, Prince Rupert, Montreal, and Halifax to all currently served CN destinations.“We are proud that CN’s

DP World Taps Kalmar for Indian Box Terminal Cranes

Cargotec company Kalmar is to supply RTGs to DP World for installation at the Nhava Sheva International Container Terminal in Mumbai, India.

(Photo: Cargotec)

Cargotec company Kalmar has been contracted by DP World to supply 15 rubber-tired gantry cranes (RTGs) for the Nhava Sheva International Container Terminal (NSICT) in Mumbai, India.The order includes 24 months of on-site maintenance support, with delivery scheduled to be completed during Q4 2020. NSICT

Trump warns China Against Trade Talk Delays

AdobeStock / © Rawf8

U.S. President Donald Trump on Tuesday warned he would be "tougher" on Beijing in a second term if trade talks dragged on, compounding market fears that ongoing trade disputes between the United States and China could trigger a U.S. recession.The world's two largest economies imposed fresh tariffs on each other on Sunday,

USCG: Port Condition X-ray for Wilmington, Morehead City, NC

The port of Wilmington, NC (CREDIT: NC Ports)

The Captain of the Port for North Carolina set Port Condition X-ray for the Ports of Wilmington and Morehead City as of Tuesday at 4 a.m., due to predicted sustained tropical storm force winds generated by Hurricane Dorian that may arrive within the next 48 hours.All ocean-going commercial vessels and

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