Middle East

Middle East

Weekly wrap-up for Aug. 30, 2014
30 Aug 2014
Members of the International Longshore and Warehouse Union ratified a new collective bargaining agreement with grain handlers in the Pacific Northwest, ending a two-year battle between the two parties.
Edith Maersk
25 Aug 2014
The persistent congestion clogging major gateway ports in the U.S. and Europe is raising a debate about whether it’s just peak-season volumes causing delays in import shipments or the inability of ports to handle the sharp growth in container ship sizes.
Ocean carrier rate revision roundup for Aug. 22
22 Aug 2014
Multiple container lines have planned general rate increases in numerous trade lanes in the coming months, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
20 Aug 2014
Simatech Shipping, X-Press Feeders and Orient Express Lines have expanded their joint ASX Service between India and the Middle East by adding a direct call at Adani Hazira Container Terminal, a private facility in western India.
18 Aug 2014
Multiple container lines have planned general rate increases in numerous trade lanes in August, although any gains achieved could be fleeting as overcapacity and sluggish global demand continue.
Construction underway at APT Terminals Izmir
12 Aug 2014
APM Terminals Izmir ordered three ship-to-shore quay cranes and 10 rubber-tire gantry cranes from ZPMC for its new container terminal at Turkey’s port of Petkim.
Ocean carrier rate revision roundup for August 8
08 Aug 2014
Major container lines announced general rate increases taking place in mid-August through October this week.
Satellite dishes receiving data
08 Aug 2014
With the first six of a new generation of satellites in orbit, Orbcomm expects increased revenue from its global asset-tracking and management services in the second half of 2014.
Bremerhaven
06 Aug 2014
The U.S. ocean container trade via European ports, including transshipments, increased 3.8 percent year-over-year to 4.6 million laden 20-foot-equivalent units in the 12 months ending March 2014, according to PIERS, the data division of JOC Group.
Air cargo inside a freighter
05 Aug 2014
The growth in global air cargo traffic slowed in June as a strong performance by Asia-Pacific and Middle East carriers was offset by declines in Europe and North and South America, according to the International Air Transport Association.
Container ship in Suez Canal
05 Aug 2014
Egypt today unveiled plans to build a “second” Suez Canal alongside the existing waterway to keep pace with growing traffic on the Asia-Europe shipping lanes.