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17 Sep 14 - Transportation Shipping News

Shipping ministry to soon propose measures to promote 'Make in India' ships
The shipping ministry will soon propose a string of measures to promote shipbuilding, including financial assistance in the range of 5% to 25%, to shipbuilding companies to spur local ship making industry, a senior government official has told ET. The ...

Meeting on Coastal Shipping, Water Transport to be Held
KOCHI: The second edition of the Coastal Shipping and Inland Water Transportation (IWT) Business Summit, an initiative to explore the immense potential of coastal shipping and waterways, will be held at Hotel Crowne Plaza here on August 29. Kochi has ...

Chinese Hackers Infiltrate US Military Contractors
The top five companies, based on contracts awarded since 2010 by Transportation Command for shipping and transport services, are: FedEx Corp. (FDX:US), Evergreen Holdings Inc., A.P. Moeller-Maersk A/S, United Parcel Service Inc. (UPS:US) and ...

India-Myanmar ferry service to start next month: Nitin Gadkari
The Shipping Ministry is planning to start a RORO service in the country for transportation of vehicles from factories, which will help in saving fuel used for the transportation of the goods through roads. Roll-on/roll-off (RORO) ships are vessels ...

FedEx Profit Jumps 24% as Revenue Rises Broadly
Tech companies used to ship phones and other products at the last minute by air. But over the past couple of years, these companies have started production earlier and used ships or other cheaper, slower methods to transport products to the U.S. for a ...

Chinese Hacked US Military Contractors, Senate Panel Says
Transportation Command makes extensive use of passenger and cargo airlines as well as ship operators, and its leadership has previously acknowledged its communications with those companies make it the part of the military most vulnerable to cyberattack ...

Delmas Côte d'Ivoire: Shipping and Transportation Sector
Maritime traffic represents a bit more than 90% of world traffic. 17% of maritime traffic is done by supertankers and 17% by general cargo ships. 70% of general cargo traffic is what we call container traffic. We now believe that the future lies in ...

Railroaded II: How Regulation Has Stifled Railway Shipping Competition
Producers of large loads of grain, steel or other heavy commodities shipped in bulk can't simply turn to trucking or shipping their products by air freight because of the much higher fuel costs those forms of transportation bring. According to the ...

Back To School 2014: American Opportunity Credit
For purposes of the credit, qualified education expenses do not include amounts paid for insurance, medical expenses (including student health fees), transportation, room and board and similar personal, living, or family expenses - even if the payment ...

Sino-Global Shipping America (SINO)'s Share Prices Soar after Successful ...
Leveraging our business relationship with Zhiyuan, we also reduced our dependency on Shipping Agency Services and successfully expanded our service platform and gained expertise in Shipping and Chartering Services and Inland Transportation ...

Solomon Islands targets cruise market
“SIPA has drawn up major plans to modernise the Honiara wharf in order to attract and persuade large passenger shipping lines to include the Solomon Islands as part of their South Pacific cruise programs,” Waetara said.

Ship proves well for Kadavu
The VTCL was therefore established by the Valesasa Holdings Trust in 2010 with the mandate to establish, manage and operate a commercial shipping service and to give urgent priority to resolving the transportation needs of the tikina of Nabukelevu ...

Shipping Ministry revives plans to upgrade Iran's Chabahar Port
... project at Tuticorin at an estimated cost of Rs 11,650 crore. The preparatory steps for this project are underway. Gadkari holds charge of Road Transport and Highways, Rural Development, Drinking Water & Sanitation and Panchayati Raj, besides Shipping.

CN faces first fine under Fair Rail act for failing to move enough grain
A spokeswoman for Minister of Transport Lisa Raitt said the amount of the fine has not yet been determined, but it will be based on the number of weeks CN has failed to meet the minimum shipping requirement. The railways are required to report weekly ...

New Plymouth fuel shipping facility approved
11, to discuss the installation of a hydrocarbon transportation and ancillary processing facility in New Plymouth. The commission also discussed Alta Mesa's application to rezone the area, located at the Dick Fisher farm along East Idaho Street, from ...

Here's Why Sino-Global Shipping America, Ltd. Is Up Today
Sino-Global's revenues from its Shipping Agency Service declined 43.4% year-over-year to $7.52 million. The company also started reporting in two new business segments - Shipping and Chartering Services and Inland Transportation Management ...

State's transportation plan unveiled
Locally, the governor's plan calls for improvements to College Road, enhanced rail service between Wilmington and Charlotte, and starting planning and permitting efforts on deepening the Cape Fear River shipping channel. McCrory and Tata also ...

Chinese hackers found to infiltrate US mlitary contractors
The top five companies, based on contracts awarded since 2010 by Transportation Command for shipping and transport services, are: FedEx Corp., Evergreen Holdings Inc., A.P. Moeller-Maersk A/S, United Parcel Service Inc. and Neptune Orient Lines Ltd., ...

Global logistics companies hit record milestone in usage of ScriptX software
For example, CLI is using ScriptX's Direct (RAW) printing option as part of its FACTS™ transportation management system which is deployed by shipping, logistics and courier customers around the globe, who range from regional carriers to multi-national ...

Highway Boondoggle Case Study #1: Georgia's Effingham Parkway
The project's official justification is partly based on hopes that the nearby Port of Savannah will benefit from increased container ship traffic that could come as a result of the present widening of the Panama Canal. But it is no sure thing that ...



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