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...In its initial phase, the single-track rail line will run passenger and cargo trains simultaneously....
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...Johan Sigsgaard, head of ocean products at Maersk, also told the Financial Times that the group has “the fleet size we need, the vessel size to remain competitive”....
...In the short-term, the shipping and logistics world is bracing for more frequent disruptions....
...Ocean shipping lines are also buying into the air freight boom....
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...The Danish group has started to reroute huge ships away from Felixstowe, which handles 36 per cent of the country’s containerised freight, instead discharging UK-bound cargo in Europe for smaller vessels...
...Aymeric Chandavoine, global head of logistics and services for AP Moller-Maersk, the container shipping and logistics group, says interest in using rail is accelerating worldwide....
...Lars Mikael Jensen, head of global ocean network at Maersk, says that the shift to a “more hub-and-spoke” model — which the Danish shipping group is in the process of adopting — will help restore reliability...
...But Larry Hu, chief China economist at Macquarie Group, said that overall, Chinese exports helped keep the rate of price growth down....
...But now they are asking for containers to become “floating storage” devices, said Mohammed Esa, who runs global business development at Agility, a logistics group....
...It said it was introducing a “worldwide temporary emergency bunker surcharge on all ocean and land-based cargo carriage with immediate effect” but did not give details....
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...Dominik Tichelkamp, global head of ocean freight for Ceva, the Netherlands-based logistics company, said the process was the same as the one that swept markets for shipping manufactured goods between the...
...Haji Anwar Shah, chief executive of Khawar Logistics Services, says he has paid more than $100,000 to armed groups this year....
...As the Eugen Maersk, one of the world’s largest container ships, sits at Tangier Container Terminal, on Morocco’s Mediterranean coast, it is easy to imagine that the world’s transport and logistics industry...
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