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Tag: Freight Shipping

Norway Clears Shipping Lines Acquisition

The Norwegian Competition Authority has approved the proposed acquisition of the Norwegian freight shipping firm, Nor Lines, by the Dutch logistics company, Samskip. The competition commission decided that the acquisition of activities associated with Nor Lines AS would not result ...Read More

Tags: Freight Shipping, logistics, Norway, shipping

Nigerian Importers will spend extra N59 Billion On Freight

Nigerian importers and shippers will spend N59 billion in 2017, due to the increase in freight charges on every container coming into the country by foreign shipping lines. The foreign shipping lines, which increased the freight rate with a caption ...Read More

Tags: freight, Freight Shipping

NZ freight shipping suffers from earthquakes

New Zealand's shipping federation say coastal transport is a resilient lifeline during natural disasters such as earthquakes,but that not enough attention has been paid to ensuring ports are equally adaptable. Shipping Federation executive director Annabel Young said that coastal shipping ...Read More

Tags: container, freight, Freight Shipping

Shipping on Rhine in Germany increases as water rises

Freight shipping on all of the river Rhine in Germany has returned to its normal levels, as rain has raised water levels to allow full vessel loading. Levels on the River had been below normal since early September, compelling vessels ...Read More

Tags: exports, Freight Shipping, Germany

Norway Power Dispute over gas exports

A dispute in Norway is centred on Nyhamna, a gas processing plant being expanded with freight-train sized modules to allow it to supply about 22 million European homes. Norway is set to export an unprecedented amount of the fuel to ...Read More

Tags: exports, freight, Freight Shipping, Norway

Container shipping prospects

A recent report suggests that container shipping will continue to suffer from over-capacity and financial difficulties. The forecast for container shipping growth for this year has been reduced to 2.2%. Additional capacity is being added to the fleet this year, ...Read More

Tags: container, Freight Shipping

Largest Ever Freight Shipment of Fuel Biomass Arrives

What is claimed to be the largest ever single shipment of biomass fuel docked and discharged this week at Humber International Terminal (HIT) at the Port of Immingham after a 34 day voyage. The freight consisted of nearly 60,000 tonnes ...Read More

Tags: cargo, freight, Freight Shipping

Shipping Freight Rates to Stay Low

Shipping freight rates, which have hit record lows this year, are set to remain weak for the rest of the decade or longer. There are too many ships and low fuel prices are capping operating costs, a recent report said. ...Read More

Tags: freight, Freight Shipping, Seafreight, shipping

Freight shipping prices down on oversupply

Freight shipping prices have fallen to a historic low, fuelled by a long-standing problem of too many ships and lower demand from China. Shipping industry experts however caution against seeing it as a warning on the health of the global ...Read More

Tags: Freight Shipping

Falling oil prices’ effects on freight

Falling oil prices, and thus transportation fuel costs, will have different effects on these different modes, according to a report recently issued by a major investment bank. The report observed that freight carriers generally charge customers fuel surcharges based on ...Read More