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Think Tank
Ocean Transportation: Page 208
Bolloré Logistics Looks to Unlock Africa
Bollore SA, an investment company controlled by French billionaire Vincent Bollore, is competing to expand its African unit to operate five more port terminals and is eyeing similar growth in Asia and Latin America.
Maersk to Halt Asia-U.S. East Coast Transit Through Panama Canal
Maersk Line, the world's biggest container shipping company, will stop plying through the Panama Canal to move goods from Asia to the U.S. east coast as bigger ships help the company move it profitably through Suez Canal.
Economics 101: Did Ocean Carriers Miss the Lecture?
Judging from their actions, ocean carriers would love to toss out those irritating economics textbooks, with their tedious lessons about supply and demand. Too much capacity? No pricing discipline? Sluggish volume growth? Forget about it. Why should any of that prevent them from raising freight rates?
Oman Duqm Port Starts Commercial Activities
Commercial activities have now been started at Oman's Duqm Port, giving it a major boost in achieving its full potential in the coming years. The port in Wusta Governorate has been designed to receive millions of containers and handle general, bulk and liquid cargo, reports the Oman News Agency.
Maersk Line to Add More Ships to Singapore Hub
A.P. Moeller-Maersk A/S (MAERSKB), owner of the world's largest container-shipping company, plans to add more vessels to its Singapore base after making the city-state its biggest hub after the headquarters in Denmark.
India Initiates Movement for Direct Sea, Air Connections to Latin America
India's Ministry of External Affairs (MEA) is moving to set up a direct sea and air link between India and Latin America, as Indian corporations line up significant investments in the oil, mining, IT and pharmaceutical sectors there.
New Shipping Lane Through North Pole Possible
Melting polar ice could create a new shipping lane through the North Pole by 2050, according to research by the University Of California at Los Angeles. In the future, melting sea ice could mean that ordinary shipping vessels will be able to navigate parts of the Arctic Ocean which were previously inaccessible, without the use of icebreakers to clear their route.
Port of Rotterdam Offers Incentives for Sustainable Shipping
In the EU, the recent commitment to opening up both the shipping and road haulage industries to cleaner power sources, has been reinforced by one of the world's premier container and general shipping ports with the announcement that the Port of Rotterdam is stepping up its sustainable shipping policy by rewarding the operators of liquefied natural gas (LNG) tankers with a discount on port charges.
Iran Increases Port Capacity to 184 Million Tons
The total capacity of Iranian ports has increased by 80 million tons during the past eight years, reaching 184 million tons, IRNA quoted Iranian roads and urban development Minister Ali Nikzad as saying.
CargoSphere Unveils Update of Global Rate Network
CargoSphere, a cloud-based network for global freight-rate management for the ocean and air logistics industries, has developed version 4.0 of its CargoSphere Rate Network (CRN).
NewAge Software & Solutions Enters North American Market
NewAge Software & Solutions, a provider of software applications for freight forwarders and logistics companies, has entered the North American market.
Air Menzies International Sets Up Operations in India
Air Menzies International, a global trade-only airfreight and express wholesaler, has set up a new regional division to foster its development in India, and launched its own operation in Mumbai.
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