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23 February 2025 - Year XXIX
Independent journal on economy and transport policy
23:30 GMT+1
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BRIEFS
August 7, 2006
The Business Timesweb site
Shipping News
  • Orient Overseas may raise about US$1b selling ports
    ORIENT Overseas Ltd, Hong Kong's No 3 container shipping line, may raise about US$1 billion selling ports in North America, taking advantage of rising prices, three sources familiar with the plan said.
  • Posco says it's interested in buying Daewoo Shipbuilding
    POSCO, the world's fourth-biggest steelmaker, said it's interested in Daewoo Shipbuilding & Marine Engineering Co, the world's second-largest shipbuilder.
  • Japanese shipping lines Mitsui, K-Line cut forecasts
    MITSUI OSK Lines Ltd and Kawasaki Kisen Kaisha Ltd, Japan's second- and third-biggest shipping lines, cut their profit forecasts after rising fuel prices and falling container rates reduced first-quarter net income.
  • Beijing-Shenzhen train line expected in 2010

Sched Netweb site
  • MOL, NYK report net profit drops in Q1
  • Rate restoration to be implemented on West Africa trade
  • INTTRA establishes office in South Korea
  • Yangtze River mouth set for more deepening
  • Houston Aviation Bureau to jointly develop logistics hub at Dalian Airport
  • FedEx Express, USPS sign new mail deal worth US$8b
  • Atlas repays US$141m debt in cash
  • World Air Holdings Q1 net profit down 64.6 per cent

Exim Indiaweb site
  • Gandhidham Chamber hosting major maritime meet in Sept.
  • Essar Shipping's income up by 24 pc
  • All Allcargo regional offices receive stamp of ISO 9001:2000 certification
  • Govt finally slams ports' doors on Chinese firms
  • For Ambanis, logistics makes sound business sense now
  • Lalu puts up red signal for private financing of rail freight corridors
  • CONCOR & NSCSA flag off 1st dedicated box rake from ICD-Mandideep to Mumbai Port
  • Move to relax NFE norms for EOUs
  • Foreign Trade Policy Analysis: Current Trends

International Transport Journalweb site
  • Norfolk Southern names Thelen and Heilig to operations positions
  • Wallenius newbuildings ahead on environmental protection
  • United announces 40 additional weekly US flights
  • SBB Cargo in Karlsruhe and Singen
  • 3i acquires ABX Logistics from SNCB

Maritime Global Netweb site
AUGUST 4, 2006
  • EC report approves government spending on transport security
  • Jurong to build African offshore supply base
  • K Line's revenue up, profits down
  • MOL lowers FY2006 forecast

Marine Logweb site
AUGUST 5, 2006
  • Security vulnerabilities in TWIC plan
  • COSCO wins first FSO contracts

Lloyd's Listweb site
  • Morgan Stanley makes first dry physical foray
    MORGAN Stanley has moved to cash in on positive dry bulk markets, placing its first enquiry for a period panamax.
  • Shipyards unable to cope with Greeks' bulk fleet ambitions
    BROKERS are painting a picture of increasing frustration among dry bulk shipowners unable to secure berths for lucrative construction projects in what is otherwise emerging as an active summer for shipbuilding contracts.
  • Costa Crociere launches Fincantieri-built Serena
    COSTA Crociere's newest flagship, the 112,000 gt Costa Serena, was officially launched in Genoa on Friday at Fincantieri's Sestri Ponente yard, writes John McLaughlin.
  • Demand for new criteria on lifeboats
    A CALL for a radical overhaul of design criteria and operational practices for ships' lifeboats, which continue to kill and injure seafarers involved in drills, has come from the Nautical Institute.
  • Sohmen-Pao says BW will seek growth through industry consolidation
    SHIPOWNING giant BW Group continues to look for expansion opportunities across all the sectors in which it operates.

Fairplayweb site
AUGUST 4, 2006
  • Vancouver dock up for sale
    FRASER Surrey Dock, Vancouver, has confirmed that its break-bulk and container handling terminal on the Fraser River is up for sale
  • Connaughton confirmed as MarAd chief
    THE US Senate has confirmed Sean Connaughton as the country's new maritime administrator, and he will assume office on taking the oath
  • US Justice gives Stolt a break
    STOLT-Nielsen Transportation has won a postponement of potential federal indictments as a US judge refers the case to a court that will not meet until October
  • Top hit by expenses
    TOP Tankers' shares fell 12% yesterday in heavy trading after the company announced larger-than-expected losses in its second quarter
  • WFP secures fuel shipments into Lebanon
  • Engineers charged with oil dumping
  • Weather hampers Cougar salvage
  • Wärtsilä on high revs
  • Codelco rides out the landslide
  • Severe weather warnings reduced
  • Antares negotiations continue
  • NYK slashes full year forecast
  • APM to build box terminal in Vietnam
  • Typhoon blows away containers

The Journal of Commerceweb site
AUGUST 4, 2006
  • Charleston containers edge higher
    Record container volume of 1.98 million TEUs in the fiscal year ended June 30 was only 0.4 percent more than 1.97 million TEUs in 2005.
  • NIT League rejects liners' EC proposals
  • Connaughton confirmed by Senate as Marad chief
  • NYK slashes outlook
  • OOCL sees weaker per-TEU revenue
  • Halifax to meet goals despite flat container growth
  • Domestic air volume falls
  • E.R. Schiffahrt adds 8,200-TEU ship
  • Salvage of Cougar Ace clouded by weather
  • Uruguay port approved
  • Atlas to pay off debt
  • MOL to use solar power at Japanese terminal
  • Independent drivers oppose plan for Mexican trucks

Containerisation Internationalweb site
AUGUST 4, 2006
  • Australia retains liner shipping's antitrust exemption
    Australia is to retain liner shipping's exemptions from anti-competitive legislation but will no longer permit the registration of discussion agreements.
  • Court rejects Chittagong feeders surcharge appeal
    The appellate division of the Bangladesh Supreme Court restrained feeder operators from realising congestion surcharges in Chittagong until the High Court disposes of writs filed by port users.
  • NYK follows fellows to slash full-year outlook
  • OOIL H1 profits fall 9%
  • Russian rail fails to keep pace with Russian maritime box-growth
  • Strong response to OOIL terminal sale
  • Active terminals market could see Fraser Surrey sale by end of 2006
  • Competitors vie for crucial Australian east-west rail paths
  • Containers return to Argentina's Zarate

TradeWindsweb site
AUGUST 4, 2006
  • Teekay takes off
    Stock reaches highest price since September and analyst says it's just getting warmed up.
  • Talk, talk....
    ...but so far no action despite more market rumours that John Fredriksen is closing in on a deal for Peter Georgiopoulos' General Maritime.
  • ECL buys one
    Euro Container Line pays $8.8m for 1995-built boxship.
  • TEN flags 'outstanding year'
    Fleet purchases lead to hike in operating profit for confident Tsakos family.
  • Dr Peters' $300m tonic
    German KG manager delivers a healthy return to investors in its shipping and real estate funds.
  • DryShips takes last P&A units
    Pacific & Atlantic of Greece empties fleet with sale of four panamaxes to compatriot DryShips
  • OK to Okean
    Aker Yards ties up deal to run Ukrainian yard and pushes for 60,000 tonnes of annual output.
  • Profits fall again at OOIL
    Low rates and high bunker costs drag OOCL results south for the second period running.
  • Ships collide off Japan
    Sixteen crew members abandon listing Russian reefer after being hit by Italian general cargo vessel.
  • WSF back for four ferries
    US state of Washington tries again with tender for new vessels, after legal wrangles delayed previous attempt.
  • Engineers charged
    Officers of South Korean handysized bulker the latest to face oily water separator accusations.
  • Wartsila well oiled
    Finninsh engine supplier powers to income growth of 200% in first half as orders keep turning.
  • Russia ups Black Sea exports
    Good news for aframax owners as volumes through Ukraine ports set to rise in August.
  • Sanoyas turns it around
    Japanese shipbuilder back in profit despite revenues falling in first quarter.
  • Sorry Toei story
    Japanese owner Toei Reefer Line slumps to a loss in the first quarter as revenues drift away.
  • Cosco Singapore goes offshore
    Rapidly expanding repair outfit picks up first FPSO order, plus six hull conversions.
  • Kyoei steps it up
    Japanese VLCC owner builds earnings and revenues in first quarter.
  • New boss for Southeast Asia
    AP Moller has announced a new chief executive for its growing Singapore headquartered operation.
  • Weather delays salvage
    Preparations to begin righting car carrier Cougar Ace have been delayed by limited visibility.
  • CMA CGM lends ship
    Boxship giant gives unnamed vessel to French government to bring aid into Lebanon.
  • NYK costs jump 40%
    Japanese owner sees first quarter profits slump 43% on higher bunker costs and other expenses.
  • FSL raises $55m
    Singapore-based First Ship Lease says it has completed a second round of private equity financing.

American Shipperweb site
AUGUST 4, 2006
  • NIT League condemns ELAA's proposal
  • OOIL's first half profits down 9%
  • NYK's 1st quarter net profit down 43%
  • "Cougar Ace" evacuated to calmer waters
  • Senator Lines selects Mat Marine as agent for Switzerland
  • DHL to add five Asia Pacific services to New York
  • British Airways' first quarter profits up 71%
  • Great Wall Airlines adds India to network
  • Alaska railroads to issue bonds for rail projects
  • U.S. railroads' intermodal volumes up 6.7% in July
  • Norfolk Southern to open Shelocta Secondary line
  • DHS drops cargo seal proposal for alternative security measures
  • USDA makes inspections at overseas meat plants more flexible
  • USDA outlines trade assistance program for fiscal 2007
  • Temp members round out COAC
  • Burkina Faso cleared for AGOA trade benefits
  • Port of Rotterdam's first half box growth sluggish
  • North Carolina ports report record fiscal year

The Bunker Bulletinweb site
AUGUST 4, 2006
  • Fuel shortages hit Vancouver
    Distillate prices surging as resupply issues impact summer bunkering.
  • Ports test new scrubber technology
    Emissions 'bonnet' for locomotives may be adopted for ships at berth in California.
  • Durban: Fuel oil available from mid-August
    Durban fuel oil drought set to end a month after suppliers withdrew from spot market.
  • Slow start to 2006 dents Rotterdam port growth
    H1 throughput figures from the port point to a mere 2% growth rate this year, though oil product imports continue to grow.
  • Bunkers hurt H1 profits at OOIL
    Chairman blames poorer overall H1 result on softer container rates and higher oil prices.
  • ARA market stable Friday morning
  • Nippon Yusen shaves profit forecast on higher oil prices
    Increasing fuel costs weighing down earnings at shipping firms.
  • Bunkering facilities set to compete with global markets
    Indian port to offer bunkering to international customers in Special Economic Zone.
  • New Zealand: Fuel oil spill at Nelson harbour
  • Hong Kong: Heavy barge congestion as typhoon passes
    Bunkering was briefly disrupted yesterday due to typhoon Prapiroon.

›››File
FROM THE HOME PAGE
ICS satisfied with ISWG-GHG's progress towards decarbonisation of shipping, even if not definitive
London
Platten: Much work still needs to be done urgently by MEPC meeting in April
In the second half of 2024, freight traffic in the port of Venice grew by +15.3%
Venice
In the whole year, cruise passengers were 548 thousand (+7.8%)
In the last quarter of 2024, freight traffic in the port of Rotterdam decreased by -2%
Rotterdam
A decrease of -0.7% was recorded for the whole year.
HMM in talks to acquire compatriot SK Shipping
Seoul
The transaction would be valued at close to $1.4 billion
Clean Maritime Fuels Platform suggests actions needed to make clean fuels available for shipping
Brussels
The AdSP will become the sole manager of railway shunting in the port of Ravenna
Ravenna
Extraordinary maintenance and investments in new infrastructure will remain the responsibility of RFI
Cargill and Hafnia joint venture in marine fuel supply
Singapore
Seascale Energy formed
Coast Guard authorizes use of batteries on board Italian flagged ships
Rome
Adopted a risk assessment approach using EMSA guidelines
Joint venture between Marsa Maroc and TIL (MSC group) for the management of the eastern container terminal of the port of Nador West Med
Casablanca
50% of the capital plus one share will be held by the African company
Shipping, lack of services and costs for goods checks give a bad reputation to the port of Genoa
Genoa
Botta: wasting time and money on various checks, not having certainty on the times of exit of the goods from the ports makes the situation unsustainable
In 2024, freight traffic in the port of Barcelona grew by +8.7%
Barcelona
Sharp increase (+12.4%) in containerized cargo. In the last quarter alone, total traffic increased by +1.2%
In the second quarter of 2024, freight traffic in European ports began to grow again
Luxembourg
The main types of cargo are increasing with the exception of solid bulk. Sharp increase in volumes in Italian ports
Positive annual economic results for the HHLA terminal group
Hamburg
Last year, container traffic handled by port terminals grew by +0.9%
788 kg of cocaine seized in the port of Gioia Tauro
Reggio Calabria/Gioia Tauro
The AdSP protests against the downgrading of the local Customs office implemented at the same time as a significant increase in its functions
GNV to take delivery of last two of four ro-pax vessels ordered 11 months early
Palermo
Catani: modernization of port infrastructures, adoption of cold ironing and development of a LNG distribution network are necessary
Le Aziende informanoSponsored Article
ABB Ability™ Marine Remote Diagnostic System
Always on board with you
Maersk and Cochin Shipyard Partner Under Indian Government's Shipping Incentive Program
Mumbai
The first repair of a Danish group ship at the Indian plant during 2025
Federagenti, speed up dredging by using waste material in port facilities
Rome
Pessina: the case of La Spezia and Genoa can provide an immediate and effective solution
Contract awarded to Maestral (Fincantieri - EDGE) for the management of the fleet of the United Arab Emirates Navy
Abu Dhabi/Trieste
The order is worth 500 million euros
T&E, remove deforestation-related biofuels from shipping decarbonization strategy and limit those produced from food crops
Brussels
Dijkstra: IMO should consider climate impact of ‘bad’ biofuels
ICS confident about outcome of next week's IMO meeting on decarbonisation of shipping
In 2024, freight traffic in the port of Genoa fell by -1% while in Savona-Vado it grew by +7%
Genoa
Cruise passengers down by -11%
Last year traffic in the port of Koper increased by +3.0%
Ljubljana
Containerized goods were over 9.4 million tons (+5.6%)
Assarmatori, the ok to the recruitment of crew members by the ship's commander is good
Rome
Messina: We ask that the measure becomes structural
In 2024, the port terminals of the Moroccan Marsa Maroc handled a record volume of goods
Casablanca
Historic peak of containers with 2,898,779 teu (+13)
ECSA, A4E and T&E urge EU Commission to promote clean fuels for maritime and aviation
Brussels
Raptis: We need huge investments, certainties and simplification of access to public and private funding
Kalmar's annual business and economic results decline
Helsinki
Sharp increase in new orders in the last quarter of 2024
In the fourth quarter of 2024, ship traffic in the Suez Canal decreased by -53.5%
Cairo
Tankers fell by -42.9% and other types of vessels by -58.1%.
Evergreen Invests Nearly $3 Billion in 11 New 24,000-TEU Containerships
Taipei/Keelung
Taiwan's three major container shipping companies continue to grow in revenue
Confitarma, the current regulatory framework for port towing services is more than fine
Rome
Ministerial circular of 19 March 2019 fully suitable for managing tenders
Last year, cargo traffic in Croatian ports decreased by -10.1%.
Zagreb
Record number of line passengers and cruise passengers
MSC Reorganizes Two Transatlantic Services Between Mediterranean and US East Coast
Geneva
Nine-day transit time between the port of Genoa and that of New York
Danaos Corporation revenues surpass $1 billion for the first time in 2024
Athens
Annual net profit decreased by -8.0%
Ro-ro traffic and regional routes increasingly important for the development of the port of Ancona
Ancona
Research presented on the potential of the Marche port
HMM revenues grew by +39% in 2024
Seoul
In the fourth quarter alone the increase was +53%
AP Moller Capital - Bergé y Compañía Agreement to Invest in the Port Sector in Spain and Latin America
Kongens Lyngby/Madrid
Investments through a separately managed fund supported by the Danish company
HHLA signs collective bargaining agreement with ver.di
Hamburg
The union had opposed the transfer of shares of the company's capital to MSC
The Northern Tyrrhenian Sea Port Authority suspends Istat variations on concession fees
Leghorn
Nova Marine Carriers, Aug. Bolten and Ership Acquire Maja Stuwadoors Groep
Lugano
The Dutch company operates a bulk terminal in the port of Amsterdam
In 2024, container traffic in the port of Algeciras decreased by -0.5%
Algeciras/Valencia
The negative trend continued last month
Confitarma, maintenance of the simplified procedure for the enlistment of seafarers is a good thing
Rome
Neapolitan journalist Bianca D'Antonio dies at 83
Naples
Point of reference for courtesy and professionalism also for the shipping sector
The AdSP of the Eastern Ligurian Sea has joined the National Observatory for the Protection of the Sea
Rome
The organization promotes the valorization of the sea resource
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
Port of Los Angeles Hits New Container Traffic Peak for January
Los Angeles
Port of Livorno, in 2024 rail traffic grew by +10.4%
Leghorn
Rail share of freight volumes moved rose to 19%
Contract for the immersion in the Ancona reclamation basin of the dredging sediments of the ports of Fano and Numana
Ancona
Federlogistica, the closure of the Busalla motorway toll booth could put logistics in crisis in the North West
Genoa
Last year, cargo traffic in Montenegrin ports increased by +2.2%
Podgorica
Passengers increased by +16.1%
Investments of 1.4 billion euros for the development of the Logistics Hub of the FS Italiane group
Rome
Investments for new physical and digital assets are foreseen in the 2025-2029 Strategic Plan
Grimaldi Group extends its maritime network to India
Naples
On February 20th the first call at the port of Mumbai with the PCTC "Grande California"
One million euros for the reduction of the amount of anchorage fees in the port of Gioia Tauro
Joy Taurus
Ok to the expansion of the Automar car terminal
The AdSP of Eastern Liguria agrees on the need for buffer areas for the ports of La Spezia and Marina di Carrara
The Spice
Areas identified by the body near the port and hinterland of Santo Stefano di Magra
Conference "Iron-Rubber-Water: Intermodality and the Port of Genoa"
Genoa
It will be held on Friday at the Maritime Station of Genoa
Fratelli Cosulich has acquired a controlling stake of 62% of the capital of Femo Bunker
Genoa
It has an annual turnover of over 70 million euros
SAILING LIST
Visual Sailing List
Departure ports
Arrival ports by:
- alphabetical order
- country
- geographical areas
Nola Interport, in 2024 intermodal traffic grew by +18%
Nola
Road freight traffic stable
MSC Cruises' new cruise terminal in the port of Barcelona has become operational
Barcelona
It will be officially inaugurated in the next few months
In January, the port of Singapore handled 3.5 million containers (+5.8%)
Singapore/HongKong
Container traffic in the port of Hong Kong decreased by -10.5%
The "mole" for the Bisagno torrent spillway tunnel has arrived in the port of Genoa
Genoa
It is composed of three main pieces of 196 tons
Port of Long Beach Continues to See Exceptional Container Traffic Growth
Long Beach
In January, 953 thousand were moved (+41.4%)
Mercitalia Intermodal reaches agreement with PJM for the digitalization of 600 intermodal wagons
Rome
Between 2025 and 2027 they will be equipped with the Austrian company's WaggonTracker digital system
Tomorrow CMA CGM will activate a new service between Italy, Spain and Egypt
Marseille
Reorganization of the Bora Med Service line with the inclusion of stopovers in Syria
Assoporti at the Fruit Logistica fair in support of the Italian fruit and vegetable sector
Rome
Record export value of 6.1 billion euros in 2024
Cargo traffic in Russian ports fell by -1.6% in January
St. Petersburg
Only import loads are growing
First Newbuild Container Ship Owned by ONE Christened
Singapore
It has a capacity of approximately 13,800 TEUs
Call for proposals for the enhancement of the Tuscan Port Community System
Leghorn
Paroli: the TPCS is used profitably not only by our AdSP, but also by those of Naples, Venice and Cagliari
D'Angelo (ANSI): Necessary steps forward also in cybersecurity for the port sector
Rome
Threats can paralyze a highly strategic component for the Country System
UBV Group buys International Services and Logistics Nardi
Milan
The Milanese company has been operating in the shipping and integrated logistics sector since 1949
New logistics area in the Milanese hinterland
London/Milan
Joint venture between SFO Capital Partners, Edmond de Rothschild REIM and GARBE
In 2024, container traffic in the port of Valencia increased by +14.1%
Valencia
Strong growth in transhipment (+18.8%)
Dutch Raben Group has acquired fellow Dutch DGO Express
Milan
The company provides road groupage transport and logistics services
Musso (Grendi group): escaping from Genoa? For us it was a stroke of luck
Genoa
Among the initiatives planned for 2025, the relaunch of the container port of Cagliari
This year the association of Genoese maritime agents celebrates its eightieth anniversary
Genoa
A series of celebratory events are planned
MPC Capital Acquires 50% Stake in Fellow City BestShip
Hamburg
The Hamburg company currently offers services to around 450 vessels
PORTS
Italian Ports:
Ancona Genoa Ravenna
Augusta Gioia Tauro Salerno
Bari La Spezia Savona
Brindisi Leghorn Taranto
Cagliari Naples Trapani
Carrara Palermo Trieste
Civitavecchia Piombino Venice
Italian Interports: list World Ports: map
DATABASE
ShipownersShipbuilding and Shiprepairing Yards
ForwardersShip Suppliers
Shipping AgentsTruckers
MEETINGS
Tomorrow in Naples a conference of studies on the fight against illicit trafficking by sea
Naples
It will be held at the University of "Parthenope"
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
››› Meetings File
PRESS REVIEW
Türkiye's largest shipping company moves to Greece, while tourism giant exits
(Türkiye Today)
Billions lost at sea: over-reliance on foreign shipping drains economy
(The News International, Pakistan)
››› Press Review File
FORUM of Shipping
and Logistics
Relazione del presidente Nicola Zaccheo
Roma, 18 settembre 2024
››› File
Port of Chioggia, the call for tenders for the assignment of temporary port work service has been published
Venice
The optimal operational staff of the authorized company is set at 20 units
Hyundai Mipo Orders Four LNG Bunker Vessels
Ulsan/Tokyo/Oslo
Yara to lease new ammonia carrier from NYK
In Ancona the conference "The port as a strategic development hub for the territory"
Ancona
It is scheduled for February 11th
Improvement in the final part of the year is not enough for Eimskip to close 2024 positively
Reykjavik
Container traffic at HPH Trust terminals grew by +4.8% last year
Singapore
Revenues up +8.8%
Konecranes posts record annual and quarterly revenues
Helsinki
In 2024, the value of new orders fell by -3.9%
AD Ports - CMA Terminals Agreement to Manage New Multipurpose Terminal at the Port of Pointe-Noire
The Sustainable Intermodality Logistics Association renews its technical commissions
Rome
Francesca Fiorini confirmed as general secretary. 30 new members welcomed
Tarros activates a new rail link between the port of La Spezia and the Interporto of Padua
The Spice
The frequency is weekly
CMA CGM to continue operating container terminal at Syrian port of Latakia
Beirut
New contract with the General Authority for Land and Sea Ports
Costamare posts record annual and quarterly revenues
Monk
Last year, turnover increased by +37.9%
Fatal accident in the ship repair area of the port of Genoa
Genoa
Immediate strike by workers in the sector
The work on electrifying the docks of La Spezia is proceeding rapidly
The Spice
Federlogistica calls for temporary suspension of measure on new classification criteria for customs offices
Wärtsilä closes 2024 with record financial and commercial results
Helsinki
The value of new orders acquired in the year grew by +14%
DSV Group revenues increased in 2024, but not profits
Hedehouse
Air and sea shipments handled by the Danish company increased by +7.1% and +6.6%
Approved for the concession for the automotive terminal of Vezzani in Porto Marghera
Venice
25-year contract
Port of Ravenna, estimated growth of +12.9% of traffic in January
Ravenna
Over 1.9 million tons of goods moved
Container traffic in the port of Gioia Tauro increased by +12.5% in January
Joy Taurus
347,917 TEUs were handled
The Interporto of Jesi is part of the Unione Interporti Riuniti
Rome
The terminals of Melzo and Rubiera are new aggregate partners of the association
Cisl FP Liguria, the downgrading of the Customs offices of Genoa, La Spezia and Savona is absolutely unjustified
Hapag-Lloyd secures 80% financing for construction costs of 24 containerships
Hamburg
The total investment for the new ships amounts to four billion dollars.
ONE Forms Joint Venture With LX Pantos For U.S. Intermodal Market
Singapore/Seoul
Boxlinks to provide end-to-end services in the US
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