Vessel , ship , Container , shiping line , Stuffing , Freight

Monday, 7 March 2011

SHIPPING

 

 

 SHIPPING

 

 

 

 

Monday, 28 February 2011

CSC safety approve

 

CSC safety approve

 

ISO Tank container

 

ISO Tank container

"ZIM DIJIBOUTI" The big vessel of the World.

 

ZIM DIJIBOUTI”  The big vessel of the World.

 

 

 

 

Container Tank

 

 

Container Tank

Container Tank

 

 

 

Tank container

 

 

Tank container

 

Tank container

Monday, 26 January 2009

Freight Containers Transformed Logistics

Freight Containers Transformed Logistics

Author: Sam Bullman

Freight containers are standardized shipping containers. Shipping containers have standard dimensions, typically 20'x8'x8.5' or 40'x8'x8.5' or 45'x8'x9.5'. They have to be constructed to certain minimum standards of sturdiness to withstand the rigors of long ocean voyages and transfer from one mode of transport to another. Shipping containers meeting the standards can get CSC - Convention for Safe Containers - certification, a must for use in international shipping.




Specialized trucks, railcars and handling equipment have been designed to accommodate these standard sized containers. The containers fit neatly into these vehicles (as well ships' cargo holds) and the handling equipment can easily transfer the containers from trucks to railcars to ships and in the reverse direction. The freight containers themselves might have forklift pockets (typically available only for 20' or shorter containers) that facilitate forklift handling.




Standardized freight containers enhanced the speed and efficiency of cargo movement, and expanded world trade. The easy and quick transshipment of the containers from one mode of transport to another - inter-modal transport - is the main factor that makes the efficiency possible. The multi-modal transport facility also enables carrying goods across terrains like water, rail track, road and air to get from origin to destination without any disruption.




Freight Container Ships




Freight containers are typically shipped in "cellular" container ships, so called because the ships' cargo area is segmented into standard cells to accommodate containers, resembling a honeycomb.



The cargo capacity of ships is expressed in TEUs, or twenty-foot equivalent units. The space occupied by a 20-foot standard freight container is one TEU, and that occupied by a 40-foot container is 2 TEUs. Container ships these days can carry nearly 5000 TEUs.




Freight Containers and Security




Freight containers are designed in a vandal proof manner. They also typically incorporate sturdy locking in the form of one double door that is secured by four locking bars extending to the whole height of the container. The locking bars have additional lockable handles that can be secured by padlocks and sealed.



Packing and locking the whole container at the shipper's premises and thereafter opening it only at the consignee's premises can further increase security. Any required customs inspection and certification are done at the shipper's and consignee's premises.




Considering the security, container-based shipments incur less expense for insurance against theft, pilferage and damage.



Packing Freight Containers




Cartons can come in different odd sizes, and the internal dimensions of containers are less than the outer dimensions. Hence dividing the outer volume of the containers into the carton volumes will not give a correct idea of the number of cartons the container can carry. For example, dividing the outer volume of a 20'x8'x8.5' container (1360 cubic feet) into the volume of a 1.5'x1'x1' carton (1.5 cubit feet) might give the misleading idea that we can pack 906 cartons into the container.



The standard internal dimensions of a 20-foot container is about 19.35'x7.71'x7.83' giving an internal volume of 1168 cubic feet. Dividing this volume into the carton volume of 1.5 cubic feet gives the number 778. Even this figure is wrong because the size of the carton is an odd one.




If you stack the cartons lengthwise across the container length of 19.35', you can accommodate a maximum of 12 rows. A maximum of 7 rows of such 12-row cartons can be accommodated along with width of the container, giving 84 cartons per layer. 7 such layers can be stacked along the height of the container accommodating a grand total of only 588 cartons.




That leaves a lot wasted space. So you change the arrangement. Cartons are arranged lengthwise across the width of the container. That accommodates 5 cartons across the width. 19 such 5-rows can be accommodated across the container length, accommodating 95 cartons per layer. The number of layers remains the same at 7 and so the total number of cartons that can be packed this way is 665, significantly more than the last arrangement. Even now, there is wasted space that cannot be avoided considering the misfit between carton volume and container volume.




Packing freight containers to full capacity thus needs some advance planning.

About the Author:

Sam Bullman writes about Freight-Containers please visit www.bullmans.co.uk for more details.

Article Source: http://www.articlesbase.com/international-business-articles/freight-containers-transformed-logistics-362218.html

Gross Weight,Tare Weight,Net Weight

Gross Weight

A basic tenet of shipping is that freight is rated on its gross weight. Gross weight is simply the weight of the product and its packaging. For example, the glass vase, packing peanuts, carton, sealing tape and label combine to make the gross weight.

Even when you attach your freight to skids or pallets for ease of handling, pallet weight (which can be considerable as anyone who has tossed them around a dock will testify) must be included in the gross weight.

Gross Weight = Cargo + Container Box

Net Weight

The weight of the product itself without packaging. (The vase by itself.) Net weight is rarely a factor in shipping unless a carton is overpacked and splits open. (Check the seal on the bottom of a standard shipping carton for the maximum weight the carton will hold safely.)

Net Weight = Only Cargo in contaoner box

Tare Weight

Tare weight is the weight of an empty container

Sunday, 25 January 2009

Tractor Trailers

Tractor trailers are the backbone of the United States commercial industry. If there are no tractor trailers on the road then manufacturing numbers and shipping numbers have declined drastically. Tractor trailers transport goods from point to point across the country. They travel in the middle of the day, in the morning and in the middle of the night. Tractor trailers transport food, clothing, fuel, construction materials and disaster relief supplies. They are vitally important to the commercial industry of the United States.

Tractor trailers have been ruling the roads for decades now and usually consist of three axles. The front axle has two wheels and the two rear axles each have two wheels, also known as 'dualies.' Tractor trailers come in all different shapes and colors. Colors range from red to green to brown to black to white to purple and even to pink. Drivers, if allowed by their company, sometimes place their own decals and logos on the tractor part of the tractor trailer.

The various types of tractor trailers are box trucks, a bus truck, a tanker, a reefer, dry bulk, car hauler, lowboy and a flatbed. Box trucks are used mostly to ship small loads of goods; usually produce from a farm to a local supermarket or farm stand. A reefer, or a refrigerator truck, is used by food manufacturing companies and supermarkets to transport perishable goods. The truck is exactly what its name implies. It is a refrigerator on wheels. These trucks are used to transport meat, dairy products and frozen goods.

A dry bulk truck is used to transport non-perishable goods such as clothing, home goods and any other dry objects. A tanker, or tank truck, is used to transport fuel from a fuel source to gas stations, airports and refineries. These trucks are shaped like a massive tank. They are long and round and sit on axles just like regular tractor trailers. A flatbed tractor trailer is usually used to transport heavy construction equipment, large boats such as yachts, sheds, RVs, motor homes and large piping or sewer equipment.

One of the most recognizable and popular tractor trailers on the roadways today is the car hauler. The car hauler is just that; a truck that hauls cars from an airport to a car dealership. Usually the cars come from an airport if they are manufactured overseas or they come from a large car hauling ship or even from car hauling trains. Car hauling trucks consist of two different levels. Both levels are filled with all different types of cars; from SUVs to compact cars to pickup trucks.

There is a variety of tractor trailers used in the United States from different manufacturers. Those manufacturers are Volvo, American Coleman, Ford, Freightliner, Mack, Peterbilt, Sterling, Kenworth, International and Western Star. Other manufacturers of tractor trailers used in other countries are DAF, Mercedes-Benz, MAN, Renault, Iveco and Scania. A lot of tractor trailers employ the use of two trailers. These trucks are known as a double trailer combination. The majority of companies that use this are the United States Mail Department, FedEx, DHL and UPS.


Article Source: http://www.articlesbase.com/automotive-articles/tractor-trailers-621956.html

A Main Sea Port


Stornoway is a burgh on Lewis in the Outer Hebrides of Scotland. It is situated 30 miles off the north west coast of Scotland and it is the main seaport of the Hebridean Island. It is also the administrative centre for the island.

In 1887 the lifeboat station was established and a boat house and 43m slipway were built at a cost of one thousand pounds. In 2005 the Lifeboat Medical Adviser Brian Michie was awarded the MBE in the Queen's Birthday Honours.

During the 1800s there were over 1000 fishing boats working out of Stornoway Harbour. There were massive landings of white fish and herring. Today the harbour regularly houses oil company ships, commercial and industrial freight ships, the car ferry to Ullapool and private yachts.

There is a good selection of shops in the town and two supermarkets to do the weekly shop. Tourists should expect to find the shops closed and no public transport available on Sundays.

Stornoway Black Pudding has been made at WJ MacDonald butcher's shop since 1931. The butchers is one of the oldest family businesses in the Western Isles.

This town is the birthplace of several famous people, such as the explorer Alexander Mackenzie, for whom the Mackenzie River in Canada is named.

The town only has one night club which is open on Fridays and Saturdays. It has the main concentration of pubs, clubs and restaurants on the island.

Tolsta in the north just 10 miles from Stornoway and has three wonderful beaches. The sea is warmed by the Gulf Stream, sand is generally soft and, depending on the weather conditions, appears light yellow to off-white in colour.

The Callanish Stone Circle is a cross shaped setting of stones which is unique in Scotland. It has stood by Loch Roag for between three- and four-thousand years. It dates to around 2,900 to 2,600 BC. Most of the stones are of Lewisian gneiss. Their pale grey and white colouring gives them a life like vibrancy.

Lews Castle was built by the Mathesons in the 19th century, on the West Side of Stornoway Harbour. Sir James Matheson purchased the island in 1844 and built mock-Tudor folly in the 19th century. In 1923, only five years after buying Lewis, When you walk the grounds of Lews Castle you will see more than 100 different species of trees. Lord Leverhulme gifted the building back to the people of Stornoway. It houses a Gaelic speaking university college init today.


Article Source: http://www.articlesbase.com/travel-articles/a-main-sea-port-253850.html

Freight Forwarders Face New Challenges

With increases in fuel prices and a slowing economy worldwide, the international freight industry faces new challenges.

So what are the trends we are seeing in the international freight market and how will they affect the customer?

The global freight forwarding market stood at 116.8 billion Euros in 2007, growing by just under 11%.

This was the lowest level of growth seen by the international freight market for four years. The slowdown was caused mainly by the impact of the weak economy in the US on the freight forwarding market but, with the European economy now also showing signs of trouble, growth in freight forwarding is expected to slow still further this year and next.

The credit crunch has had a big impact on China import to the US, a freight forwarding market which had previously been flying high. Although this decline in freight forwarding was offset a little by an increase in US exports caused by the weakness of the dollar, shipping companies are now thinking about how best to weather stormy market conditions ahead.

The good news is that as they are asset light, freight forwarding companies are better placed than some to ride out the coming recession and freight forwarders are in one of the strongest positions in the freight industry. So it is from the freight companies that customers can expect to see most innovation in the international freight industry in the next year or two.

International freight customers can expect to see some big changes on the horizon.

We can expect to see migration of some air freight traffic to the cheaper option of freight forwarding by sea, as many customers decide to make savings in this way. This is likely to be accompanied by less growth in the 'express' sector of the international freight market as some customers opt to compromise speed in freight forwarding for cost savings.

We are also likely to see more mergers and amalgamations between international freight companies as freight forwarding companies look to increase profitability through building economies of scale.

Inevitably, some weaker freight forwarding companies will go to the wall as the tough trading conditions define the winners and the losers in the international freight market. But the stronger freight forwarding companies will become still stronger as they continue to innovate to address the market challenges.

Some question marks hang over the China import market as labour costs in China spiral and it becomes more costly as a manufacturer. For example, Asda has said recently that they may shift some of their sourcing to Vietnam as the benefits of China import are being eroded by rising labour and suppliers' costs, and more supermarkets are expected to follow suit. However, despite this, China import and trade with Asia will continue to be the rising star of the international freight market and profits from Asian freight forwarding will help freight companies invest in new customer services.

Increased competition between freight forwarding companies is likely to lead to new product development as freight forwarders add on more value-added services to differentiate themselves from the shipping company down the road.There is also likely to be an increasing focus on improving customer service.

What's more, the freight forwarding industry will see more use of IT to automate processes and reduce costs. This will be good news for customers as it means more transparency in the international freight industry. Increased use of technology will improve communications between shipping companies, customers and the end recipients, providing a better service all round. Integrated IT will also be used to increase customer choice in international freight - for example, between 'green' options for freight forwarding as an alternative to the fastest freight transport options.
And lastly, excess shipping capacity leading to cheaper freight rates will be a help to freight forwarders, with the customer again being the ultimate winner as competition in the international freight market hots up in the year ahead.


Article Source: http://www.articlesbase.com/business-articles/freight-forwarders-face-new-challenges-723451.html

The Services of a Freight Forwarder UK


The United Kingdom, a prosperous country that handles a lot of goods, needs options for the transportation of those goods. Where there is lots of cargo, there will be a lot of companies that will provide transportation services. But how do you know if you made the right choice?

Considering that you are only one person that undertakes the quest of finding the right choice for transportation as far as costs and quality go, it seems like a lot of effort. Trust me, it is. But what if you can rid yourself of those efforts and try to let someone else do it for you?

The general truth is people are always trying to find someone else to do their job. Don’t you dare say no, because you know that if someone else can do you job, you would gladly sit at home and spend some time with your family instead of working. A freight forwarder is the solution that solves all your headaches as far as international transportation of goods goes.

A freight forwarder handles all the paperwork, procedures and other activities involved in the transportation process. It reviews documentation like the commercial invoice, the bill of landing or shipper’s export declaration and verifies their accordance with the regulations.

Also the freight forwarder can provide solutions for your means of transportation. Such a company can provide the best choices suited to your needs, while keeping the costs at a minimum and avoiding any unnecessary procedures that may occur.

If you are looking for the best services provided by a freight forwarder UK, you should log on to the internet and visit the website kedan.co.uk. Given that they are members of the British International Freight Association, the quality of their services is guaranteed.

The main goal of this freight forwarder UK company is to operate by understanding the needs of their clients and engaging their activities according to those needs. This also helps create a long-term relationship with every customer, thus becoming an extension of their business. You can go on vacations without worrying about what will happen to your merchandise.

The services provided by this freight forwarder UK company include all transport routes. Partner facilities are located in the airports London Heathrow, Manchester and Birmingham. This offers each client a wide range of services.

This freight forwarder UK company also provides great options for land transportation as well. Container transport, tilt trailers, courier services, you name it and they can find it for you. They can provide reliable options even if you are on a tight budget.

If you are interested in transporting cargo by sea, this freight forwarder can find services that suit your needs and carry your merchandise, no matter if it is refrigerated, hazardous, special equipments or something else. They can even find you options for partial container loads, if you do not have enough goods to occupy the entire capacity of a ship.



Article Source:
http://www.articlesbase.com/sales-articles/the-services-of-a-freight-forwarder-uk-488006.html

Thursday, 15 January 2009

How to Choose Steel Shipping Containers Conversion Service?


With the help of container conversion service, used steel shipping container can be used for many applications. It is so strong and durable that after using it in the field of export and import, we can again use it for constructions. It was first used by the U.S. to make command centers and medical facilities in Korea. Now many designers and architects use it widely all around the world. It is best because it is easy to transport, readily available and above all it is suitable for the construction of the 21st century.

Possible usages of used containers

Shipping containers are good for many applications and alternate uses. Used container is found to be used as a building unit for manifold constructions need such as for offices, storage units, toilet blocks, garages, laboratories, sheds, site offices, club houses, canteens etc.

Converting a shipping containers

Used shipping containers can be modified to great extent adding many utilities and extensions. Below are given what can be done with a shipping container.


  • Enhancing external appearance-with the help of various types of cladding the external appearance of containers can be enhanced

  • Increasing the length of containers- if needed the standard size of containers can be increased. Further more two or more containers can be joined together.

  • Installing utilities - Windows, heating, air condition, and standard doors can be added to make it practical cost effective accommodation for many uses.

Choosing containers conversion service

There are many container conversion companies around the world. It’s important that you deal with right kind of containers Conversion Company. Check their knowledge, design, working process and customer service.

Its better you deal with a local container conversion company which will help you to visit their inventory and talk to them about your need.

Experienced container conversion will be able to advise you in selecting the right type and size of container and specifications of. This will able find the most suitable and cost efficient unit.

Check whether the conversion company allows you to visit their completed or work in progress unit. The availability, cost effectiveness and modifiability makes shipping container makes it possible to use shipping containers in many ways. To use the containers for alternate uses, container conversion service plays a significant role. That is why you should be careful to select a very good company who helps you to get the right kind of container, helps you in preparing specifications of your needs and give you prompt and personal service.

Rosie Cubbin
Rosie Cubbin writes about Shipping Containers, to know more about Shipping Containers, visit http://www.csshippin

Article Source: http://www.articlesbase.com/sales-articles/how-to-choose-steel-shipping-containers-conversion-service-655047.html

Moving Overseas? Simple Steps To Shipping

Moving overseas can be an exciting prospect, however having to move your entire residence might seem a bit daunting when it requires shipping via freightliner. However, this is actually a very efficient and fast way to get your belongings to your overseas destination where you will be able to make your overseas a home with all of your belongings.

This is the most efficient way to ship, but there are some decisions you will need to make before you start the shipping process.

First, you need to evaluate how many items you need to ship and how much space you will need. You have the option of a 20' or 40' container, or else a partial container for smaller items, so whatever you need shipped will be accommodated. A 20' container generally has enough room for a vehicle an some of your smaller household appliances or else the contents of a two bedroom home.

If you need more space than that then you have the option of a 40' container that can accommodate a vehicle and the contents of a two bedroom home or else just the contents of a three to five bedroom home. In the instance that you are only shipping certain items you can ship a partial container as well. Evaluate what you need to ship and the amount of space available and then either upgrade to the larger container if necessary or if you have too many items have a yard sale to get rid of some.

Next, when you begin the packing process there are several things you need to keep in mind regarding things you are allowed to pack and things you are not. Make sure when you are packing that you do not include any kind of food or food product, jewelry, important documents like birth or marriage certificates, seeds or plants, alcohol, open bottles, pressurized cans, and the like. The shipping company will provide you with a list of items not to ship, and if you don't receive one ask before you begin packing.

Now that you are ready to begin the shipping process, you need to know to contact the shipping carrier at least seven to 10 days before the desired departure date if at all possible. Then, you will need to provide them with a full address in the United States as well as the full overseas address in addition to local and foreign phone numbers, your social security number and the like.

Finally, you will need to pay for your shipping costs. Most companies require that you pay a deposit before you begin packing the container and then the balance before the shipment heads out. Regardless, most all shipping companies accept a wide variety of payment options to meet your needs.

Robert Michael

Robert Michael is a writer for APJ Shipping
which is an excellent place to find shipping links,
resources and articles. For more information go to:

http://www.apjshipping.com


Article Source: http://www.articlesbase.com/business-articles/moving-overseas-simple-steps-to-shipping-57201.html

Issues to Rent or Buy Shipping Containers


Shipping containers are available in many types are sizes For example, there are containers that open from the top, containers with double doors, insulated containers, and remarkably comfortable containers for use as temporary office space. 20, 40, 45, 52 ft are some sizes of containers there are available in the market.

Generally shipping lines have their own containers to ship cargo across various ports. Sometimes they also lease containers to other sipping lines. If you need containers to ship your goods across different places there are certain factors you will need to consider.

Buying or renting shipping container

Either you can buy them or rent them. There are certain issues you must consider when you need containers to determine whether you should buy or rent them.

Duration of need

Duration of need of a shipping container is important factor that will determine whether you should buy or lease a container. . If you need a container for short term, renting is the best option. For long term and repeated usage buying is a good decision.

Cargo types:

Based on your cargo types you will need to pick containers for your use. Say, you plan to ship or store anything that's perishable; a refrigerated storage container (also called a 'reefer') is a must. If you want to move tall cargo then an open top container is what you will need.

Getting a container for other usages:

Used containers are widely used for housing and other functional buildings. They can be used in offices, canteens, accommodation, chemical stores, changing rooms, equipment stores, tack rooms, stables, food preparation areas, clubhouses, artist studios, workshops and more ways.

Container conversion service:

You can take professional services from various container conversion companies. They will transform the shapes of the containers to almost any use and modify them by fitting doors, windows, electrics, air-conditioning units, and many other enhancements.

Article Source: http://www.articlesbase.com/sales-articles/issues-to-rent-or-buy-shipping-containers-655061.html

What Do You Ship in Shipping Containers?


Let us introduce shipping containers first. Shipping containers are standard sized boxes in which you ship merchandise. These are not small boxes for packing a pair of shoes. Standard shipping containers typically come in 8 feet by 8.5 (or 9.5) feet cross-sections, 20 or 40 or 45 feet long. So they compare best with log cabins than shoeboxes. (In fact, a popular use for empty shipping containers is to convert them into houses.)

Shipping containers transformed the logistics scenario and led to a huge expansion in world trade. You pack your merchandise into shipping containers at the factory, load it into a standard container truck that goes to the nearest railroad station or sea port where the containers are transferred by specialized container handling equipment into a railcar or ocean going ship.

The railcar then travels thousands of miles to a distant city or the nearest seaport. The custom built container ships are designed to accept containers on their open deck, and accommodate a large number of shipping containers without wasting storage space. (Containers stored thus can occasionally tumble down into the sea during a storm while the ship is at sea.)

Merchandise Shipped in Containers

You pack your merchandise packages, say, cartons with shoe boxes inside, into these containers. The merchandise packages are designed to occupy the space inside the shipping containers without wasting any space. You seal the container door securely.

The container typically travels unopened till it reaches its destination. It might get transferred to trucks, railcars, ships or even aircraft during this travel. At the destination seaport or airport, it gets transferred again into railcars or trucks for transport to the destination city.

So what do you transport in containers? Almost everything is the short answer. Most consumer goods are transported in containers from manufacturing factories to the distributor warehouses. Heavy machinery is transported in containers up to the customer site. There are custom built containers to accommodate different kinds of merchandise. A look at these customizations will give some idea of the variety of merchandise that travel in containers.


* DRY VAN containers are designed to accommodate such items cartons, jute bags, bales, pallets and drums

* REEFER containers are temperature controlled in the range of minus 25 degrees centigrade to plus 25 degrees centigrade

* OPEN TOP special bulk containers are for bulk materials and heavy machinery

* OPEN SIDE containers can accommodate large sized pallets

* VENTILATED containers carry organic produce that need to be ventilated during transit

* TANK containers carry bulk liquids

* ROLLING FLOOR containers allow difficult-to-handle cargo to be rolled in and out

* HANGAR BEAM FITTED containers accommodate garments on hangars without further packing



Shipping Container Legalities

Containers need Convention for Safe Containers (CSC) certification (authorized by International Maritime Organization) to prove their "continued safe handling and transportability in the commercial intermodal transport environment". The inspections need to be carried out periodically.

Merchandise in export trade also needs customs inspection and certification before shipment.

Article Source: http://www.articlesbase.com/international-business-articles/what-do-you-ship-in-shipping-containers-362242.html

CMA-CGM: Bid for P&O U.S. Ports Faces Threat

Article published in the Sunday Express November 19th 2006
By Lawrie Holmes and Tracey Boles

BID FOR P&O U.S. PORTS FACES THREAT

An attempt by French shipping giant CMA-CGM to acquire P&O’s US ports for $700 million (£367 million) may be scuttled by revelations that Egyptian authorities have issued a warrant for the arrest of its chairman.
Reports suggested CMA-CGM, the world’s third-largest container shipping company, was looking to form a consortium with US investment bank Morgan Stanley to acquire the American business. American private equity firm Carlyle Group and terminal company SSA Marine have also launched a bid.
It became available earlier this year when Dubai Ports World acquired P&O and US politicians said Arab ownership of the ports was a threat to national security, forcing DP World to sell it on to another party.
But CMA-CGM’s chances of acquiring the ports will be undermined by the revelation that, in connection with corruption of port officials in Egypt, the country’s general prosecutor has issued a warrant for the arrest of its chairman, Jacques Saadé, and his brother-in-law, Farid Toufic Salem, if they set foot on Egyptian soil. Recently, Ali Massad Saad, chairman of Egypt’s Damietta cargo terminal, was arrested. For a number of years he had been paid up to $10,000 (₤5,400) a month by CMA-CGM which then tried to pay the terminal ₤1.7 million in compensation.
An order to Egyptian border police states that Saadé and Salem are ultimately responsible for the offences. “The men are to be stopped from traveling and intercepted at their arrival point in Egypt” says the order. However, CMA-CGM said Saadé had entered Egypt to meet government officials since the warrant had been issued. “The warrant has been cancelled. The magistrate said it had no substance,” said a spokesman for the company.
The US Department of Homeland Security, the State Department and Department of Justice are understood to be taking a close interest in the case.
With 20 offices in the UK and 279 ships globally, CMA-CGM has revenues of €6 billion (₤4 billion) a year.
According to sources close to the deal, DP World is preparing to make its London debut next spring. The floatation, which would see P&O return to the stock market just a year after it was sold, would value the Dubai Company at up to ₤6 billion. It is understood DP World had originally wanted the floatation to take place by the end of this year but put it back by six to 12 months while taking time to adjust to Western style corporate governance.
It is the first time the spring timetable has emerged.
The sources also said DP World wanted to divest itself of its US ports division ahead of the floatation.
The listing will offer investors a stake in the world’s biggest freight hubs and is likely to include P&O’s ports

Article Source: http://www.articlesbase.com/business-articles/cmacgm-bid-for-po-us-ports-faces-threat-80432.html

Transport Sector of Panama

Panama is considered as a land of trade and commerce. Commerce is nothing without transportation. Panama always was and will remain a land with high importance for transportation. Transport sector of Panama is developing every day since the land was selected as a country of business.

The first thing that comes to everyone's mind about the transport sector of Panama is the ports. The ships and cargo passes through the country like all other vehicles in Panama. Every year around 14,000 ships transit through the Panama Canal. And they carry more than 700,000 passengers and 192 million tons of cargo every year. Panama Canal is one of the most important Transport sectors of Panama.

Panama has the largest marine convoy in the entire world. The ports of Panama have huge traffic and all the modern facilities that a port could possibly offer and for that reason panama is about to become the province's primary multi-modal logistics core in the near future. At present only the four new container ports provides a total investment of over US$4.5 billion. The ports are combined with the trans-isthmian railroad and they moved more than one million in 2000 and they are planning to make more than four million by 2008.

The main ports which are included in the transport sector of panama are Manzanillo International Terminal (Stevedoring Services of America), Colon Container Terminal (Evergreen International Corporation), Colon Port Terminal (Hutchinson Port Holdings) and Colon 2000 (Cruise Ship Terminal) on the Atlantic Coast. On the Pacific side Panama has Panama Port Terminal S.A (Hutchinson Port Holdings) and Rodman (Alireza - Mobil) which is used for fuel loading and unloading.

Kansas City Railroad and Mi-Jack Railroad control the railroad transport sector of panama. The railroad is 47 miles in distance which runs parallel to the Panama Canal. They were the first transcontinental railroad for the last 143 years. Railroad is an important transport sector of Panama because it provides services both to the cargo and the passengers. Coping with the time the railroad sector is modernizing and improving their transportation system. This transportation system will massively help the economics and commerce sector along with the transportation of the people.

The roads and highways can define the country one way. Not just the look beside the highways, network and connection among them are quite stunning in Panama. Transport sector of Panama holds approximately 11,300 kilometers of highway set-up.

Airports are like bus stoppages in transport sector of Panama. The country has 27 public and 41 private airports. Among the public airports five of them are fully functional. This means that they have all the facility of immigration and custom service.

The primary airport is the Tocumen which is 15 minutes away from the Panama City. Th Southern Corridor, which is the modern highway, provides the easy way to the main airport of the city. Marcos A. Gelabert is second to the Tocumen airport. It is also located in the capital city. It provides services to national and international flights.

Without doubt, the transport sector of Panama is quite rich. For a country of trade and business, transportation has the most valuable utility of location. In other words, the transport sector of Panama does half the jobs for the country.

Article Source: http://www.articlesbase.com/destinations-articles/transport-sector-of-panama-353118.html