Shipping Industry Faces Rising Demurrage Costs in Voyage Charters
This article explores the concept of demurrage in voyage charters and related legal terms, emphasizing the calculation rules and the impact of non-working days.
Leipzig/Halle Airport Drives Eastern Germany’s Economic Growth
Leipzig/Halle Airport (IATA: LEJ, ICAO: EDDP) is the main civil airport in Eastern Germany, located between Leipzig and Halle. Its history dates back to 1926, featuring two runways accommodating wide-body aircraft and multiple terminals. The airport handles approximately 2.5 million passengers annually and provides cargo services for DHL. Additionally, it is designated for NATO airlift operations, supporting efficient logistics and the operation of domestic and international flight routes.
Far Easteast Coast Shipping Capacity Surge Alters Container Market
The container capacity on the Far East to East Coast route is continuously expanding, with 9 regular lines now and a 36% increase in annual trade capability compared to last year. Major shipping companies are reshaping the market landscape through new routes and smaller vessel operations, reflecting the growing market demand.
MSC Acquires Global Port Assets for 228B in Expansion Push
MSC's Terminal Investment Limited will acquire an 80% stake in CK Hutchison's global port portfolio for $22.8 billion, spanning 43 terminals, making it the largest container terminal operator in the world. The acquisition raises concerns about fair market competition, particularly regarding its potential impact on the Panama ports.
Major Rail Giants Merge in 250B Deal to Form First US Transcontinental Railway
Union Pacific and Norfolk Southern have announced a $250 billion merger to create the first transcontinental railroad in the U.S., enhancing transportation efficiency and environmental sustainability, and reshaping the freight market landscape.
Union Pacific Norfolk Southern Merge to Form US Transcontinental Rail Giant
Union Pacific and Norfolk Southern have reached a merger agreement, set to be completed by 2027, creating the first transcontinental railroad network in the U.S. This merger aims to enhance transportation efficiency, reduce delays, and connect 50,000 routes and 100 ports.
Kalarat Airport Guide to Facilities and Flight Details
Karachi Airport (KBH) is a small airport situated in the Karachi region of Pakistan. Despite its size, it plays a crucial role in regional transportation. Travelers should be aware of the lack of METAR data and the limitations in obtaining NOTAMs, and it is advisable to verify flight information in advance.
Gwa Airport Opens As Gateway to Myanmars Undiscovered Coast
Gwa Airport is located in the town of Gwa, Myanmar, and is a small regional airport with the IATA code GWA. The airport offers basic access services, and users can register to access real-time NOTAM information. Currently, there are no reviews available.
Ibotirama Airport Emerges As Key Hub in Bahias Aviation Growth
Ibotirama Airport, located in the state of Bahia, Brazil, is a small airport featuring a 3,937-foot asphalt runway that accommodates small flights. While there is currently a lack of METAR data and user reviews, the airport has the potential to boost the local economy and provide transportation connections.
US Federal Maritime Commission Shapes Key Shipping Regulations
This article explores the key role of the Federal Maritime Commission (FMC) in maritime regulations, analyzing its importance in maintaining fair competition in the shipping market, protecting consumer rights, and promoting transaction transparency. Additionally, it introduces the fundamental differences and practical implications of FMC regulation concerning VOCCs and NVOCCs.