Latest news from Heavy Lift & Project Forwarding International Magazine

Plans agreed for Corpus Christi rail yard

April 10 - The Port of Corpus Christi has approved an agreement with the Maritime Administration to develop the gateway's Nueces River Rail Yard (NRRY).

In June 2012, the US Department of Transportation awarded a USD10 million transportation investment generating economic recovery (TIGER) grant to the Port for construction of the rail yard. This week, Port of Corpus Christi commissioners approved how the grant will be deployed with the Maritime Administration - the TIGER grant's administrative agency.
When complete the NRRY will include an 8,000 ft (2,438.4 m) train rail siding and a four ladder track interchange yard totaling 15,400 track feet (4,694 m) - providing enough space for 335 rail cars.
The project will be advertised to bidders later this month. The total estimated cost of the project is expected to be USD18 million - USD8 million of which the Port will contribute.

Heavy Lift | News

Marine insurance: Reducing costs and capacity thumbnail image

Marine insurance: Reducing costs and capacity

September 19 - Marine insurance providers are commoditising their products in order to reduce costs. The result, according to the International Union of Marine Insurance (IUMI), is a loss of expertise.
Views: 235
Zeaborn forms JV with MPC thumbnail image

Zeaborn forms JV with MPC

September 18 - Zeaborn Group has formed a joint venture with MPC Capital Group to handle the chartering and commercial management of a fleet of more than 160 container and bulk carriers.
Views: 593
DHL strengthens network in Middle East and Africa thumbnail image

DHL strengthens network in Middle East and Africa

September 18 - DHL Industrial Projects is opening a centre of excellence (COE) in Dubai as well as offices in Egypt, Ethiopia, Kenya and Turkey to coordinate complex logistics projects in the Middle East and Africa.
Views: 623
ALE plans Swedish branch thumbnail image

ALE plans Swedish branch

September 18 - ALE will open an office in Sweden during the last quarter of 2019 as it looks to expand its operations in Scandinavia.
Views: 475

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