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  • Rough seas ahead for container shipping industry Wednesday, 1 Apr 2015 | 4:47 AM ET
    A container ship at the Port of Los Angeles in San Pedro, Calif.

    The world’s shipping lines risk bankruptcy and will have to shed assets in order to stay afloat, an industry expert has warned CNBC.

  • SINGAPORE, April 1- A backlog of over 30 oil tankers has built up outside the Iraqi port of Basra and shippers face lengthy delays of up to three weeks to load oil because of bad weather and possible oil quality issues, shipping industry sources said. The problems could delay or limit the number of oil export cargoes from Basra in April, potentially pushing down...

  • MEXICO CITY, March 31- Mexico is trying to get Chinese state-run companies involved in the construction of a new $11 billion airport as it seeks to make up for a tainted rail tender that soured relations with Beijing, a source with knowledge of the government plan said. Mexico announced in September it would build the new Mexico City airport to relieve congestion...

  • Shipping lines: Can they survive? Tuesday, 31 Mar 2015 | 4:50 AM ET
    Shipping lines: Can they survive?

    Is oil the sole perpetrator for the slowdown in the shipping industry? Albert Stein, Managing Director of AlixPartners, says oil is a "mixed blessing" for different types of ships, while talking about the industry's outlook.

  • *New railways target Uganda, Rwanda, Burundi, Congo. Oil discoveries in Kenya and Uganda and gas finds in Tanzania have turned east Africa into an exploration hotspot for oil firms but transport infrastructure in those countries has suffered from decades of under-investment. Sitta said the railway network would meet the huge demand for the transportation of...

  • AMSTERDAM, March 27- Power had been restored at Amsterdam's Schiphol airport after a major outage hit the Dutch capital and surroundings on Friday morning, an airport spokeswoman said.

  • POWER RESTORED AT AMSTERDAM SCHIPHOL AIRPORT, BUT INCOMING FLIGHTS STILL BEING DIVERTED- SPOKESWOMAN.

  • AMSTERDAM, March 27- A major power outage hit large parts of Amsterdam and the surrounding province of North Holland on Friday, prompting the cancellation of all flights to and from the city's Schiphol airport. The outage was caused by a "technical fault" at a substation in the Amsterdam suburb of Diemen, it said on its Twitter feed. Frankfurt airport operator...

  • ALL FLIGHTS TO SCHIPHOL AIRPORT DIVERTING TO OTHER REGIONAL AIRPORTS- SPOKESWOMAN.

  • AMSTERDAM AIRPORT SCHIPHOL CANCELS FLIGHTS AFTER MAJOR POWER OUTAGE- AIRPORT SPOKESWOMAN.

  • KHOBAR, Saudi Arabia, March 26- Saudi Arabia has suspended international and domestic flights at seven airports in its south, aviation authorities said on Thursday after Riyadh and allied Gulf governments launched air strikes against Houthi fighters in Yemen. The airports affected include Jizan, Abha and Wadi al- Dawaser, the General Authority of Civil...

  • How to profit from America's crumbling roads Friday, 20 Mar 2015 | 3:04 PM ET
    Sidney Oats of Denver Public Works patches a pothole at 2nd Avenue and Knox Court in Denver on March 3, 2015. The combination of unseasonably warm temperatures followed by freezing cold is responsible for the onslaught of potholes in the Denver area.

    "There's a complete disrepair of our roads in the United States," says fund manager Josh Duitz. Here's how he'd play it.

  • Commuting in San Fran takes a 'Leap' of luxury Friday, 20 Mar 2015 | 12:27 PM ET
    A Leap bus in San Francisco.

    A San Francisco start-up is trying to redefine mass transit in the city with hip new luxury buses.

  • CARACAS, March 18- Venezuela asked a World Bank tribunal on Wednesday to toss out an order that it pay Swiss airport operator Flughafen Zurich AG and a Chilean partner around $36 million for the government takeover of airport facilities they operated in the country a decade ago. He said the request was filed with the World Bank's International Center for...

  • CARACAS, March 18- Venezuela asked a World Bank tribunal on Wednesday to toss out an order that it pay Swiss airport operator Flughafen Zurich AG and a Chilean partner nearly $36 million for the government takeover of airport facilities they operated in the country a decade ago. He said the request was filed with the World Bank's International Center for...

  • OTTAWA, March 17- Canada's transportation watchdog said on Tuesday that recent fiery derailments of trains hauling crude oil mean a new generation of stronger tanker wagons should be introduced ahead of schedule. The Transportation Safety Board is probing two accidents within the last month involving Canadian National Railway Co oil trains which came off...

  • MOSCOW, March 16- Russia's Global Ports will scrap its dividend due to the economic turmoil that has crippled the freight market in Russia, the London- listed ports operator said on Monday. The company fell to a net loss last year as a drop of more than 40 percent in the rouble led to foreign exchange losses on its dollar-denominated debt and squeezed Russia's...

  • MOSCOW, March 16- Russia's Global Ports will scrap dividends and consider selling additional shares, the London- listed ports operator said on Monday, reflecting economic turmoil that has crippled the freight market in Russia. The company fell to a net loss last year as a fall of more than 40 percent in the rouble led to foreign exchange losses on its...

  • MOSCOW, March 16- Russia's Global Ports will scrap dividends and look to sell additional shares, the London- listed ports operator said on Monday, reflecting economic turmoil that has crippled the freight market in Russia. The company fell to a net loss last year as a fall of more than 40 percent in the rouble led to foreign exchange losses on its...

  • Overturned oil tanker blocks I-95 between D.C. & Baltimore

    Traffic was backed up for miles on Interstate 95 after a tanker carrying oil overturned, spilling oil onto the highway.