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DP World, China Signs Agreement to Boost International Trade


An agreement to jointly construct a new ‘Traders Market’ at DP World’s flagship Jebel Ali Port and Free Zone in Dubai on a total build up area of three million square metres has been signed between the global trade enabler and the Zhejiang China Commodities City Group… Source: News

Zim, Maersk, MSC sign co-operation pact on Asia-U.S. East Coast trades


Partnership teams Zim with 2M Alliance members. Source: News

Baltic Index Down on Lower Capesize Rates


The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, fell on Thursday for a second straight session, on lower rates for capesize vessels.* The overall index, which factors in rates for capesize… Source: News

Boeing says sold 528 planes at Farnborough


Boeing Co said on Thursday it had won 528 new orders and commmitments at the Farnborough Airshow this week, buoyed by demand for freighters as air cargo markets rebound. Source: News

K+N sees airfreight volumes grow ahead of the market in Q2


Kuehne+Nagel (K+N) recorded an above market increase in airfreight volumes in the second quarter of the year, while overall group profits were also on the rise. The Switzerland-based freight forwarder saw its airfreight volumes increase by 15.7% year on year during the April-June period to 441,000… Source: News

Yang Ming Marine Transport Upgrade China-Indonesia Service


Taiwanese ocean shipping company  Yang Ming Marine Transport Corp. (YM) will upgrade its China to Indonesia Service (CTI service).Four container vessels of nominal 4,250TEU will be deployed for the service effective on 7th August 2018.They will… Source: News

DP World Acquires India's Continental Warehousing


Hindustan Infralog (HIPL), a joint venture between DP World and the National Investment and Infrastructure Fund (NIIF), announced that the transaction to acquire 90% stake in Continental Warehousing Corporation (Nhava Seva) Ltd in India has now closed.CWCNSL’s founders… Source: News

CSX Announces Record Second Quarter 2018 Financial Results


CSX rises after stunning Wall Street with rail-efficiency gains including second-quarter operating ratio setting a U.S. record as costs fall and cargo demand for coal and consumer goods fuel sales increase. Source: News

Rail Traffic for the Week Ending July 14, 2018


For this week, total U.S. weekly rail traffic was 559,064 carloads and intermodal units, up 5 percent compared with the same week last year. Source: News

CMA CGM Selects BIO-SEA BWMS for 17 Containerships


CMA CGM, one of the world’s largest container carriers with a fleet of 454 vessels, has contracted France-based BIO-UV Group to supply its BIO-SEA ballast water treatment systems to 17 containerships, including newbuilds and retrofits.Nine liquefied natural gas (LNG) fueled 22… Source: News

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