INLAND FINANCE: But I Don’t Need That Much
When enough to meet the need is not enough to get the help.From my office window in downtown St. Louis, I can see a dramatic illustration of the inefficiency in how our country moves freight. My office faces east, and I look down on a stretch of Interstate 70, that major east-west highway that runs from Baltimore to Interstate 15 in Utah. It is not unusual to see the traffic on this highway heavily congested, even at a standstill at times.
Hapag Lloyd: Calm Passage Despite Trade War
Hapag-Lloyd is optimistic about the year ahead, despite global trade tensions, the German container shipping company's chief executive said on Thursday after a first quarter earnings rise."Despite all the uncertainty, we see a somewhat stable development," Rolf Habben Jansen told Reuters, adding that trade wars have so far had a limited effect on Hapag Lloyd's business.U.S. President Donald Trump said on Wednesday that China had broken the terms of a trade deal…
Finland-Norway Rail Link for Arctic Sea Route
A Finnish company said on Thursday it planned to develop a railway connection between north Finland and Norway's Kirkenes port to link with potential Arctic shipping…
HVCC Optimizes Inland Waterway Shipping
Port of Hamburg's Hamburg Vessel Coordination Center (HVCC) is developing a digital platform for inland waterway vessels, to allow ship calls to be coordinated centrally…
Ørsted Orders CTV Pair in the US
Orsted U.S. Offshore Wind has entered into an agreement with the offshore wind support services provider WindServe Marine LLC to construct a two purpose-built offshore…
Polsteam Gets $175mln for 34 Bulkers
Bank syndicate led by DVB Bank SE completed a $175 million financing of a 34 Bulk Carrier portfolio for Polsteam Group.Polska Żegluga Morska known as Polsteam or PŻM…
USCG Polar Security Cutter Details Unveiled
The U.S. Coast Guard (USCG)’s next icebreaker is based on a German research vessel, features a unique Finnish propulsion design and is driven by American diesels…
Bulker Values to Slide Further in 2019
VesselsValue has, together with Oslo-based shipping consultancy firm ViaMar, released forecasted asset values in which it was indicated that bulker values would…
ABS Supports Ballast Water Compliance
American Bureau of Shipping (ABS), a global provider of classification and technical advisory services to the marine and offshore industries, published its 2019…
Ocean Alliance Maiden call at Hamburg Port
The first container-ship in the new Asia service Loop 7 - the Taurus, 14.424 TEU, belonging to the Ocean Alliance - has berthed in the Port of Hamburg.Port of Hamburg…
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