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Showing results for Teras Cargo Transport, LLC
...The ship, which was carrying a cargo of steel products and trucks from the Chinese port of Lianyungang to Jeddah in Saudi Arabia and Aqaba in Jordan, was flying the flag of Barbados....
...But the race is not just about human transport. There's cargo and other services, too. PWC estimates that the lunar transport and logistics market could be worth more than $100bn by 2040....
...Mercator helps airlines move passengers and cargo to their destinations....
...However, in February the cargo’s Iranian owner won an appeal and, unknown to Maersk, a ruling that the Danish company was due to pay it $3.6m compensation....
...Partly thanks to the swelling supply, tanker rates sank so low in parts of 2013 that prices on some routes were showing negative — owners were paying cargo owners to let them carry cargoes to reposition...
...US tanker companies have been boosted by a domestic energy boom, the lingering after-effects of Hurricane Sandy and the Jones Act, which requires that tankers moving cargo from one US port to another must...
...Qatar Airways raised expectations it could buy minority stakes in airlines after buying 35 per cent of Cargolux, the Luxembourg-based cargo carrier, in 2011....
...Related reading: China coal: stockpiles, Lex Iron ore and coal hit by China deferrals, FT China buyers defer raw material cargos, FT Slower China: end of the super-cycle?, beyondbrics...
...The South Korean groups have developed their own technology for LNG cargo containment but many shipowners still prefer GTT’s technology because it is internationally established....
...On some tanker routes, spot-market rates have fallen so far in recent weeks that shipowners have been paying customers to let them transport their cargo....
...The company is buying the 12 cargo aircraft and 26 passenger aircraft from Guggenheim Aviation Partners to add to an existing portfolio valued at $2bn....
...The operational assets of Varig, Brazil’s flag-carrier, were on Thursday sold for US$24m to VarigLog, the airline’s former cargo transport subsidiary, in an auction held in Rio de Janeiro....
...The deposit was made by VarigLog, the airline’s former cargo transport subsidiary sold six months ago to a consortium backed by Matlin Patterson, a US distressed equity firm....
...A separate company would be created holding Varig’s debts and operations other than air transport, such as airport and commercial operations, including its air miles programme....
...It received the safety certificate for its French subsidiary – Euro Cargo Rail – on October 26 and this winter expects to become only the second private train operator in France....
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