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Mitsui O.S.K. Lines, Ltd. (MOL) has received approval in principle (AiP) from Nippon Kaiji Kyokai (ClassNK) for the design of a membrane LNG Carrier with Wind Challenger. According to MOL, this AiP is…
Mindanao Container Terminal (MCT), owned by International Container Terminal Services, Inc. (ICTSI), has received the first call of SITC’s new China-Philippines Express 7 (CXP7) service. According to…
The African Development Bank (AfDB) Group’s Board of Directors has approved a $135 million grant to the Union of the Comoros to promote a major international and regional trade initiative. The project…
The Port of Tanjung Pelepas (PTP) has set a new record by handling 1.11 million TEU in July. PTP’s previous high of 1.07 million TEU, achieved in May of the same year, is followed by this new record…
Truck transportation jobs fell in July for the fourth consecutive month and now are 30,000 jobs less than where they stood a year ago. The four-month sequence of job declines in the truck…
The city of Laredo, Texas, recently passed an ordinance requiring all trucking companies using the World Trade Bridge to have $100 minimum in their automated vehicle identification (AVI) accounts in…
A.P. Moller – Maersk (Maersk) has reported unaudited revenue of $12.8 billion, underlying EBITDA of $2.1 billion and underlying EBIT of $756 million (reported EBIT of $963 million) for Q2 2024. The…
Gaztransport & Technigaz (GTT) has won two contracts from HD Korea Shipbuilding & Offshore Engineering (HD KSOE) to develop cryogenic fuel tanks for 12 new LNG-fuelled container vessels on behalf of…
The Port of Virginia closed fiscal year 2024 (FY2024) having processed 3.5 million TEU, a 2 per cent increase over FY2023 and the second-best fiscal year performance in the port’s history. The port is…
WASHINGTON – Senate Republicans have effectively killed tax legislation with truck-friendly provisions that had bipartisan support when it passed the House in January. The Tax Relief for American…
