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Proposals in the strategy also include lengthening some trains to 750 metres, each capable of carrying up to 3,500 tonnes of bulk freight per journey which would equate to taking 60 fully-laden lorries off the roads.
The integration of inland navigation provides growth opportunities for both bulk freight and miscellaneous goods, wherever reliability is more important than speed.
But the natural amenity of the Mississippi River and the savings afforded for bulk freight is the key transportation attraction.
When not in use for hauling dry bulk freight, both units stow in the front of the trailer.
The cancellations of major coal transportation contracts and the double-track price structure for thermal coal may add uncertainties to the coastal bulk freight rate in 2013.
Despite the pressure and major financial crunch faced by global shipping industry due to drastic reduction in bulk freight rates internationally, PNSC achieved better results by focusing on more profitable ventures besides retaining its repute as one of the major contributors to sea borne trade in Pakistan.
Despite the pressure and major financial crunch by global shipping industry due to drastic reduction in bulk freight rates internationally, evident by significant reduction in Baltic Dry Index (BDI) at a lowest of 290 points from a high of 1,222 points last year, PNSC achieved better results by focusing on more profitable ventures besides retaining its repute as one of major contributors to sea borne trade in Pakistan.
The Capesize dry bulk demolition market is off to its busiest start ever in 2015 amid some of the lowest dry bulk freight rates in the last three decades.
The Baltic dry index, compiled from a basket of dry bulk freight rates and which traditionally falls in the run up to the lunar new year holiday in China, has halved in the past month to 1,086 points on February 5.
What the industry lacks, he says, is "approved, cost efficient and cargo-specific technology" that can screen bulk freight at the piece level.
NORDIC BUSINESS REPORT-8 March 2006-Imarex to open trading for dry bulk freight options(C)1994-2006 M2 COMMUNICATIONS LTD http://www.