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  • With near-zero rates, container lines target breakbulk, project cargo

    Time: 2016-04-19 | Publisher: glafamily

    Container lines will continue to aggressively target the depressed breakbulk and project cargo market with “close to zero” freight rates for the foreseeable future, according to Drewry Shipping Consultants.The past year has been “dreadful” for the multipurpose vessel market as operators faced rock-bottom ...

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  • Germany’s Rickmers, ER Capital mull ship-management merger

    Time: 2016-04-14 | Publisher: glafamily

    Germany’s Rickmers Holding and ER Capital Holding are weighing the merger of their ship-management units into a global joint venture with around 220 vessels.“The aim is to pool strengths in a highly competitive market to further promote expansion of the ship-management business and increase the new company’s capabilit...

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  • DP World Southampton to equip all straddle carriers with box-weighing system

    Time: 2016-04-12 | Publisher: glafamily

    DP World Southampton will fit container-weighing equipment to its entire straddle carrier fleet to support the weighing service the terminal will offer shippers from July 1 when the new SOLAS regulation will be enforced.The terminal is the first to disclose exactly how it plans to weigh containers in compliance w...

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  • Motor carriers face hodgepodge of regs in EU for oversize loads

    Time: 2016-04-11 | Publisher: glafamily

    Single market? Not for motor carriers seeking road permits for oversize or overweight loads in the European Union. The EU’s 27 members still have a patchwork of country-by-country rules, with little automation to smooth the process.“Every now and then you think you’re in a Kafka novel,” said Ton Klijn, managing director of ...

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  • Financing may be tallest hurdle for Africa ports

    Time: 2016-04-10 | Publisher: glafamily

    ACCRA, Ghana — African countries face the daunting challenge of securing continuous investment and project finance solutions to bring port infrastructure and supply chain networks up to par with those of the rest of the world.Despite ongoing investment in port projects and related supply chain infrastructure, there rema...

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  • FMC’s Doyle: Solutions needed on SOLAS compliance

    Time: 2016-04-07 | Publisher: glafamily

    The Federal Maritime Commission is trying to facilitate industry discussion of the new container-weight rules set to take effect July 1, FMC Commissioner William Doyle said.“It’s a big issue, folks,” Doyle said at a forum hosted by the New Jersey Motor Truck Association. “We’ve got to find a solution.”A...

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  • Technology eases problems in moving oversize cargo on US roads

    Time: 2016-04-05 | Publisher: glafamily

    When a project shipment includes heavy or oversize cargo, among the first questions asked are: Which roads and bridges can safely handle the loads? And what permits will be needed?Answers can be especially tricky in the United States, where 50 states and thousands of counties and municipalities issue permits for an ever-growing volu...

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  • Highway permit denied, trucking company moves reactors over Lakes

    Time: 2016-04-02 | Publisher: glafamily

     When Plan A didn’t work for the shipment of 12 oversize loads of electrical smoothing reactors from Toronto to the Canadian province of Alberta, motor carrier Precision Specialized Division used the Great Lakes to succeed with Plan B.Precision was approached in early 2014 about moving 212 loads, including 12 smoo...

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