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Issue #586 | Latin America Trade | Canada Ports

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Latin America Trade

Canada Ports

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2014 Media Kit

Breakbulk & Projects

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More iron ore mines to shut in China as prices drop

Reuters | June 16, 2014 | Breakbulk & Projects

This year’s sharp drop in iron ore prices could force China to close up to 80 million tonnes of domestic mine production, more than a fifth of its total annual output, consultancy Wood Mackenzie said on Monday. Read More »

UTC Overseas custom-built mega railcar ready to roll

AJOT | June 16, 2014 | Breakbulk & Projects | Intermodal

UTC Overseas custom-built mega railcar ready to roll

The Project Cargo Logistics experts at UTC Overseas today unveiled their own newly constructed mega railcar, featuring a 40-foot load deck -- the longest of any 16-axle depressed center car currently available in North America and an attractive alternative to 20-axle Schnabel cars. The extra-length deck and 400+ short ton load capacity make the new car ideally suited for the transport of heavy and oversized components such as turbines, generators, stators, engines, gensets and transformers. Read More »

Thorco Shipping aims for more ships and IPO

Reuters | June 11, 2014 | Breakbulk & Projects

Denmark's Thorco Shipping expects to expand its fleet by 50 percent in coming years and plans to list on the Copenhagen stock exchange when industry conditions improve, its chairman said. Read More »

Metal shipped out of China port under probe

Reuters | June 10, 2014 | Breakbulk & Projects | Ports & Terminals

Some copper cargoes held at China's Qingdao Port were being shipped to more regulated LME warehouses, industry sources said, as banks and trading houses took precautions over a probe into metal financing at the world's seventh-busiest port. Read More »

World’s Heaviest Evaporator moved in Saudi Arabia by Almajdouie Logistics

AJOT | June 10, 2014 | Breakbulk & Projects

World’s Heaviest Evaporator moved in Saudi Arabia by Almajdouie Logistics

With a single piece weight of 5736,8 tons Almajdouie Logistics, members to the Worldwide Project Consortium WWPC and Cargo Equipment Experts CEE networks in Saudi Arabia, believe to have moved the world’s heaviest evaporator. A total of six of these units are being required fror the Yanbu 3 Desalination project. Read More »

Brazil exports 2.65 mln 60-kg bags green coffee in May - Cecafe

Reuters | June 09, 2014 | Breakbulk & Projects

Brazil exported 2.65 million 60-kg bags of green coffee in May, less than the upwardly revised 2.8 million bags shipped in April, the Council of Green Coffee Exporters said on Monday. Even with drought damaging the crop, which is entering the peak-harvest period, Cecafe said recently that Brazil will likely increase coffee exports by 6 percent this year because of plentiful stocks. Read More »

Metal shipped out of China port under probe; IPO debut weak

Reuters | June 06, 2014 | Breakbulk & Projects

Some copper cargoes held at China’s Qingdao Port were being shipped to more regulated LME warehouses, industry sources said, as banks and trading houses took precautions over a probe into metal financing at the world’s seventh-busiest port. Read More »

Shipping markets eye freight trade boost from El Nino threat

Reuters | June 05, 2014 | Breakbulk & Projects | Liner Shipping

A potential El Nino weather phenomenon, which could wreak havoc on global crops, is set to disrupt shipping patterns and raise freight costs, leaving suppliers and importers to cover their food needs from longer-haul destinations. Read More »

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