Latest News for: Freight ship

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Gov. Hochul accelerates use of NYPA funds to 'transform' waterfront

The Buffalo News 16 Aug 2022
BY MARK SOMMER. NEWS STAFF REPORTER. File photos by Derek Gee/Buffalo News. The $279 million New York State obtained in a 2005 settlement with the state Power Authority has been doled out in increments through the years ... 1 ... Hochul also said she wants to encourage passenger freight ships to dock by the DL&W, bringing more tourist dollars to Buffalo.
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Tax contributions from liner billionaires questioned

Splash24/7 15 Aug 2022
Going forward, we argue that after years of consolidation and formation of mega shipping alliances, the shipping lines have learnt the capacity discipline and while there might still be volatility in freight rates, the rock-bottom level of freight rates seen in the past decade might no longer persist in the future,” Jain told Splash last week.
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Factbox: Why low water levels on the Rhine river hurt Germany's economy

Reuters 15 Aug 2022
Some shippers have said in recent days they were loading about a quarter of the regular amount of freight onto ships. This means more ships are needed to move consignments that would normally fit into a single vessel, adding to freight costs ... There is no specific water level at which shipping stops, and authorities do not close the river.
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Factbox – Why low water levels on the Rhine river hurt Germany’s economy

FX Empire 15 Aug 2022
Here are some facts about why shipping on the Rhine river is important for the economy. ... Some shippers have said in recent days they were loading about a quarter of the regular amount of freight onto ships. This means more ships are needed to move consignments that would normally fit into a single vessel, adding to freight costs.
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India@75: How India became 6th largest economy in world

The Times of India 15 Aug 2022
NEW DELHI. India toppled massive challenges ever since its independence to become the 6th largest economy in the world today ... It has directly or indirectly raised the prices of a vast range of things – from food and cooking gas, soaps and cosmetics, cars and city transport, steel and aluminium, to flight tickets and shipping freight ... .
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Vista Residences builds a true Cebu address with Suarez Residences Cebu

Sun Star 15 Aug 2022
THE zip code 6000 is a home to some, but as those in the know will say, Cebu City is the address of a variety of experiences ... At present, it is the Philippines’ main domestic harbor, docking 80 percent of local shipping fleets, with Cebu International Port being the largest freight hub in Visayas ... Juan Bautista Gorordo ... (SPONSORED CONTENT) .
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Gov. Hochul accelerates use of NYPA funds to 'transform' Buffalo's waterfront

The Buffalo News 15 Aug 2022
Mark Sommer. The $279 million New York State obtained in a 2005 settlement with the state Power Authority has been doled out in increments through the years. On Monday, Gov ... People are also reading…. Observations ... Hochul also said she wants to encourage passenger freight ships to dock by the DL&W, bringing more tourist dollars to Buffalo ... ....
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Shippers prepare for worst as Rhine levels near critical low

Federal News Radio 14 Aug 2022
Shipping companies prepared to halt the transport of goods on the Rhine as water levels in Germany’s biggest river neared a critically low point Saturday ... Shipping companies prepared to halt the transport of goods on the Rhine as water levels in Germany’s biggest river neared a critically low point Saturday.
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Ningbo Containerized Freight Index Report, 12 August 2022

Hellenic Shipping News Worldwide 14 Aug 2022
In the week ending Aug-12, Ningbo Containerized Freight Index (NCFI) issued by Ningbo Shipping Exchange (NBSE) quotes 2776.2 points Below find the NCFI Weekly Index Data chart. Source. Ningbo Shipping Exchange ....
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Futures File

Independent Record 14 Aug 2022
Fuels rally after gasoline falls below $4 ... Freight costs are rising because ships and barges can only be partially filled ... This reminds us, in addition to Russia’s blocking of shipping channels and the shutting off of the natural gas pipeline from Russia, that commodities transport can be even more critical than their production or consumption ... .
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US inflation isn’t going away. Small businesses must plan ahead

The Observer 14 Aug 2022
... in Long Beach, California, is down to 84 ships off the coast, significantly less than during the pandemic, mass lockdowns in China have ended and the Baltic Dry Index, a key measure of freight costs and shipping demand, has fallen almost 30% since the beginning of the year).
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China's weekly export container shipping index down

China.dot.org 13 Aug 2022
The CCFI tracks spot and contractual freight rates from Chinese container ports for 12 shipping routes across the globe, based on data from 22 international carriers.
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The Rhine is shrinking, endangering Europe’s top economy

Egypt Independent 13 Aug 2022
The situation is reminiscent of 2018, when similar problems with the river led to a “standstill of freight shipping” and reduced German economic growth by an estimated 0.2%, according to Deutsche Bank economists ... viable if freight had to be reduced too significantly.
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Shipping companies prepare for worst as Rhine levels near critical low

Irish Independent 13 Aug 2022
Road and rail freight capacity is limited, however.Companies along the Rhine that rely on ships to receive raw materials and deliver finished goods are expected to face delays and shortages.Coal-fired power plants and gas stations could also see supply shortages, if shipping on ...
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Shippers prepare for worst in Germany as Rhine River levels reach near critical mark

Khaleejtimes 13 Aug 2022
Shipping companies prepared to halt the transport of goods on the Rhine River as water levels in Germany's biggest river neared a critically low point Saturday ... Big, heavy ships can't pass if the level falls below 40 centimeters (15.7 inches) ... Road and rail freight capacity is limited, however.

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