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  • 21 May 2014 9:33 AM | Anonymous


    Carol Johnson has joined Fluor and will be assigned to Savannah River Nuclear Solutions as president and chief executive officer. Savannah River Nuclear Solutions is a Fluor-led partnership that oversees the management and operating contract for the Department of Energy’s (DOE) Savannah River Site near Aiken, S.C.

    Johnson has more than 30 years of leadership experience in the operation of high hazard nuclear facilities, environmental management, decommissioning and infrastructure at several DOE locations and the Nuclear Decommissioning Authority in the United Kingdom. Prior to joining SRNS, she served as president and project manager of the Washington Closure Hanford, LLC where she led the US$2.4 billion environmental cleanup of the Hanford site’s 220-square-mile Columbia River Corridor. She retired from Washington Closure Hanford in 2013.

    Johnson was also the infrastructure executive director at the Sellafield project in the United Kingdom where she was responsible for critical nuclear safety-related infrastructure and site services in support of an annual $2 billion nuclear program. In addition to work in Sellafield, she has held technical and managerial assignments at the Savannah River Site, the Los Alamos National Laboratory in New Mexico, and the Idaho National Laboratory. She has an exemplary safety record, achieving consecutive Stars of Excellence in the DOE Voluntary Protection Program.

    Johnson is a graduate of Marshall University in Huntington, W.Va., with a bachelor’s degree in chemistry.

    Savannah River Nuclear Solutions is a Fluor-led company whose members are Fluor Federal Services, Newport News Nuclear and Honeywell, responsible for the management and operations of the Department of Energy’s Savannah River Site, including the Savannah River National Laboratory, located near Aiken, S.C.

    Fluor Corporation is a global engineering and construction firm that designs and builds some of the world’s most complex projects. The company creates and delivers innovative solutions for its clients in engineering, procurement, fabrication, construction, maintenance and project management on a global basis. For more than a century, Fluor has served clients in the energy, chemicals, government, industrial, infrastructure, mining and power market sectors. Headquartered in Irving, Texas, Fluor ranks 110 on the FORTUNE 500 list. With more than 40,000 employees worldwide, the company’s revenue for 2013 was US$27.4 billion.

    *NEWS SOURCE

  • 20 May 2014 9:20 AM | Anonymous



    XIAMEN, May 20 (GCTL) - Xiamen International Container Terminals (XICT), a Hutchison holding, has won a call from the South China-US West Coast Service (SEA) from the CKYHE Alliance, made up of Cosco, "K" Line, Yang Ming, Hanjin and Evergreen.

    The addition of the deepwater Xiamen terminal followed an upgrade to 13,092 TEUers, deployed by Evergreen and Cosco, on a rotation through Taipei, Xiamen, Hong Kong, Shenzhen-Yantian, Long Beach, Los Angeles and back to Taipei.

    The transpacific service (CALCO-C/PSW1) will be jointly operated by "K" Line and Wan Hai, with Cosco, Hanjin, Yang Ming and Pacific International Lines sharing slots.

    Said XICT general manager Gary Chung: "We have a quay length 1,083 metres and a depth alongside of 17.5 metres enabling us to handle mega-vessels up to 150,000 deadweight tonnes, HKSG reported.

    "This distinguishes us from other ports in the Southeast China region. Additionally, XICT has been undertaking a quay reinforcement and berth upgrade programme, enhancing our capabilities to handle multiple mega-vessels simultaneously," said Mr Chung.

    The CALCO-C/PSW1 service has a total of six vessels with capacities ranging from 5,600 TEU to 6,040 TEU. It has a port rotation of Hong Kong, Shenzhen-Yantian, Xiamen, Long Beach and Shenzhen-Yantian.

    (c) 2014 FocusAsia Media Ltd. All Rights Reserved. Provided by SyndiGate Media Inc. (Syndigate.info).


    *NEWS SOURCE

  • 20 May 2014 9:01 AM | Anonymous


    Today FM is delightful to announce our new partner's arrival from PHILIPPINES. We would like to greet TRANSMODAL INTERNATIONAL,INC. as our new agent on board of Freight Midpoint!

    TRANSMODAL INTERNATIONAL, INC.
    ADDRESS : Ground Floor, TMI Centre,Arzobispo Street, Intramuros,Manila_PHILIPPINES
    CONTACT : Denirene MISTY
    TEL : 00 632 5271414
    FAX : 00 632 5280303
    WEB : www.transmodalphil.com

  • 19 May 2014 9:14 AM | Anonymous

     

    Turku’s STX shipyard is expected to receive a new owner by the end of June. Prime Minister Katainen denies that the early public announcement of the sale is politically motivated.

    According to Prime Minister Jyrki Katainen (National Coalition Party), state involvement in the ownership of STX’s Turku shipyard is difficult to avoid.

    Prime Minister Katainen told Yle’s Radio Suomi that the government could, over time, sell its stake to private owners if the planned buyout took place. The State of Finland and German cruise liner builder Meyer Werft are considering the purchase of STX Finland's Turku operations from the current Korean owner.

    “The state’s central goal is not to own the shipyard or to be a shipbuilding entrepreneur,” says Katainen. “But if the shipbuilding business in Finland is to be seen as competitive in the future, then the central goal is that it should be possible. As a result we are ready to take part as a minority shareholder.”

    According to Katainen, the State's participation will depend on finding a private industrial majority shareholder. He says that Meyer Werft, or any other similar firm could be considered.

    Katainen denies that the upcoming race for NCP leadership had a bearing on the early publication of the letter of intent related to the sale.

    “These issues can''t be politicised,” said Katainen.

    *NEWS SOURCE

  • 18 May 2014 9:32 AM | Anonymous

     

    The adjustment of global ports to handle larger containerships is well underway, but the first objective in many cases is well shy of the trend of the order book. While attention is focused on the new fleet of 18,000 teu vessels, the upgrades contemplate ships just over half that size.

    That is certainly so in the Americas, where the Panama Canal is being enlarged to accommodate up to 13,000 teu, not the larger ships, and collateral ports up and down the East Coast are planning on the services of the 10,000-teu variety.

    The 18,000+ teu ultra large container ship (ULCS) is being built for the Asia–Europe market, and their usage may be locked in there, due to its dependency on accompanying investments in deep ports and inland distribution capabilities, and access to major cargo markets.

    Meanwhile, ports eager to achieve a place in the container sun have purchased larger container cranes and are committing to a $1bn port upgrade that has become ubiquitous.

    Ports up and down the U. S. East Coast have been dredging and upgrading to adjust to the future sizing of the Panama Canal, which is now being pushed back to 2016.

    Last week, U.S. House and the Senate conferees agreed to end a torturous legislative deadlock and permit ports to pay the cost of deepening harbors and then seek reimbursement from the government once the project is authorized. The last dredging legislation was passed seven years ago.

    If finally approved, this would clear the way for various projects, starting with the deepening of the Sabine-Neches Waterway that connects the oil-refining hub of Beaumont and Port Arthur, Texas to the Gulf of Mexico. Another would permit the start of dredging the 30-mile run to the Port of Savannah so as to accommodate larger ships transiting an expanded Panama Canal.

    A new entrant has joined the Panama expansion parade. In Cuba, that island is extolling the virtues of its newly opened port at Mariel, outside of Havana. The $1bn Brazil-sponsored port, designed to handle up to 1 million teu, is deemed a keystone in the eventual lifting of the US trade embargo.

    In Angola, the port has installed new cranes and reduced cargo unloading time as the government reviews a plan to build Africa's biggest shipping terminal to challenge the current leader at Durban. The port would handle ships up to 13,000 teu, according to its backers, but funding has not been arranged.


    *NEWS SOURCE

  • 17 May 2014 10:14 AM | Anonymous

     

    HONG KONG's Orient Overseas Container Line (OOCL) has announced a US$250 per TEU increase in freight rates for cargo from Japan, Korea, China, Taiwan and Hong Kong bound for New Zealand starting July 1

    Rates will also be increased US$150 per TEU at the same time for cargo from Singapore, Indonesia, Malaysia, Philippines, Thailand and Vietnam bound for New Zealand.

    OOCL said the increase has been introduced to "ensure the continued provision of quality services and sufficient capacity to cater to customer requirements".

    *NEWS SOURCE


     

  • 16 May 2014 9:58 AM | Anonymous

    China’s commerce ministry said it was confident the country could achieve its target of 7.5 percent growth in total trade this year.

    “We are confident of achieving the annual trade growth target this year after making arduous efforts,” ministry spokesman Shen Danyang told reporters at a regular briefing.

    “Generally speaking, we keep a cautiously optimistic view on the trade performance this year.”

    The comments came after China announced on Thursday it was increasing its support for the trade sector with a raft of new measures, including giving more tax breaks, credit insurance and currency hedging options to exporters.

    *NEWS SOURCE

  • 16 May 2014 8:33 AM | Anonymous


    FM is happy to announce that SOBA LOGISTICS LTD. has joined Freight Midpoint from TAIWAN recently.

    Today please join us to welcome them to FM Family !

    SOBA LOGISTICS LTD._TAIWAN
    ADDRESS : 4 fl., no 81,Chang An E Rd Sec 2, Taipei, Taiwan
    CONTACT : Aaron Suen
    TEL : +886 2 2518 0428
    FAX : +886 2 2516 4778
    WEB : www.sobalogistics.com

  • 15 May 2014 12:14 PM | Anonymous


    DHL Supply Chain has its unveiled its latest investment in Southeast Asia at a ground breaking ceremony at Singapore's Tampines LogisPark. The new DHL Supply Chain Advanced Regional Centre is an integrated build-to-suit (BTS) logistics warehouse facility worth more than €90 million. The total amount is a combined investment of approximately €23 million from DHL and over €70 million from Cache Logistics Trust, the appointed logistics real estate solutions provider.

    The company said the investment will further enhance DHL Supply Chain's market leadership across key aerospace, healthcare and technology industries, and grow its business in the region's emerging markets. The investment in the DHL Supply Chain Advanced Regional Centre will increase DHL's warehouse capacity in Singapore by 40 per cent and will enable its regional customers in the aerospace, healthcare and technology sectors to benefit from the advanced technology and automation solutions.

    The Centre forms part of DHL's growth strategy for the South East Asia region, where the company plans to expand its capacity by 50 per cent from 2015 to 2018 in anticipation of the region's increasing market opportunities. The company's investments will focus on building new facilities, advancing IT solutions, expanding transportation and bolstering staff strength and training.

    Additionally, DHL said its Supply Chain Advanced Regional Centre will enhance Singapore's position as a regional supply chain hub to multinational corporations (MNCs) which value the application of integrated technologies to achieve greater productivity, cost savings and operational efficiency in their supply chains. Construction of the new facility is expected to be completed by the second half of 2015. DHL's Asia-Pacific, Middle East and Africa (APMEA) regional office and Singapore country office will then be re-located to the premises.

    *NEWS SOURCE

  • 14 May 2014 12:02 PM | Anonymous

    Steel to Canada, Mexico, Venezuela, China and Brazil showed strong growth

    U.S. steel exports expanded significantly in March to reach more than 1 million tons, though they remained below the levels of a year earlier.

    Total steel exports in March 2014 were 1.04 million tons compared with 904 thousand tons in February 2014, a 15 percent increase, but a 5.5 percent percent decrease compared to March 2013. Year-to-date figures still lag those of the previous year: Exports decreased 9.5 percent from 3.214 million tons in 2013 to 2.907 million tons in 2014.

    Following a dip in February, when many parts of the United States were still suffering the impact of a harsh winter, exports responded well to the milder weather that followed, surging 15 percent in March, the American Institute for International Steel said in a statement.

    Canada, which receives more than half of all U.S. steel exports, boosted its total by more than 17 percent compared with February, while Mexico, which accounts for about one-third of the nation’s steel exports, brought in nearly 14 percent more than it did the previous month. Exports to EU countries grew by more than 12 percent during the month, but represent less than 3 percent of the total.

    Total steel exports were 5.5 percent less than they were a year ago. AIIS attributed the figure to smaller trading partners, including  a nearly 25 percent year-over-year decline for EU nations.

    However, the U.S. is seeing strong growth in exports to Venezuela, China and Brazil compared with 2013. While those nations account for just 3.6 percent of the country’s exports, that percentage is 2.5 times larger than it was a year ago.

    The strong recovery in steel exports to Canada and Mexico in March bodes well for the next several months, as it indicates that the slow start to the year had much to do with snow-related logistical problems. Further, growth of exports to major developing countries could indicate that U.S. steel is becoming more of a factor outside North America. This trend could accelerate if the situation in Ukraine leads to tighter sanctions on Russia, AIIS said.

     

    *NEWS SOURCE

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