ReleaseWire

Attorney Matthew Shaffer has been retained to represent the wife of a tugboat captain who was killed August 14 in an accident on the Industrial Canal.

We forecast real GDP growth in Turkey of 1.5% and 3.0% in 2014 and 2015 respectively, well below consensus estimates of 2.3% and 3.5%. A tightening of global liquidity and domestic credit conditions has led to a visible slowdown in domestic demand, and we expect weak private consumption to be the main driver of slower growth, with net exports propping up total economic activity.

BMI maintains its positive outlook on Peru's shipping and port sector. While we expect real GDP growth to level off at around 5.0% during our forecast period, below its recent trend, significant mineral wealth, attractive investment opportunities at the sector level, and a growing consumer story underpin our view that Peru will remain one of the most dynamic economies in Latin America in the coming years.

Animals Away is now offering pet shipping for summer 2014. Moving somewhere far away this summer? Traveling with pets can be hard, but Animals Away offers pet transportation services worldwide. All animals are welcome. There is nothing the company hasn’t seen in their more than 25 years of experience moving pets to every corner of the globe. With a high volume of pet moves every day, Animals Away is able to offer competitive pricing and the most accommodating facilities for all pets they transport. Their large fleet allows them to transport each pet one at a time. Individual attention makes pets more comfortable in transit, creating a less traumatizing experience for the animal.

Growth at South African ports is threatened by the global headwinds that are posing challenges for the country as a whole, namely the China slowdown and the drying up of foreign inflows due to the raised possibility that the extraordinarily loose monetary policy that has been the norm in the US is tapered off. However, with continued investment in facilities, growth in private final consumption, and ever-expanding coal exports, we forecast growth in both total tonnage and container volumes at South African ports in 2014.

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

In 2014 the port of Odessa will continue holding the top position in Ukraine's maritime sector in terms of container throughput and one of the top positions in terms of total tonnage, after overtaking the port of Illichivsk in terms of boxes handled in 2010.

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

BMI remains optimistic toward Mexico's long-term growth outlook on the back of a booming manufacturing sector, an increasingly strong private consumer and favourable demographics. As a result, we retain a cautious optimism towards the country's shipping sector.

In the case of Japan, a slightly different but similarly extreme, monetary experiment was responsible for the mini-economic boom seen over the past 12 months, but we are seeing increasing signs that this is fading fast. Real wages are collapsing, and consumer confidence is naturally being negatively impacted. While consensus expectations are for the impact of the sales tax hike to prove fleeting, we believe that the recent decline in activity is a warning sign of what is to come as people fear the sustainability of the current fiscal trajectory. Our recently-revised real GDP growth forecast of 0.9% seems well placed relative to consensus expectations of 1.4%.

The Navios Maritime Partners L.P. Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Navios Maritime Partners L.P. since January 2007.

Online tech start up, ShipHawk, dedicated to making shipping easy for everyone, today announced its carrier network now supports over sixty national and regional carriers – including LTL, blanket wrap, small parcel, courier, and intermodal transportation providers such as Greyhound, Roadrunner Transportation, Pilot Freight Service and Justo Blanket Wrap Delivery Service to name a few.

The Lean Product and Process Development Exchange (LPPDE) announced today that Dr. Jeffrey Liker, leading lean scholar and author of seminal works on Toyota including “The Toyota Way” and “The Toyota Way to Lean Leadership” will open the 2014 North American conference as keynote speaker. Liker joins Dr. James Morgan, co-author with Liker on “The Toyota Product Development System,” at this year’s conference as Morgan serves as Conference Chair for the 2014 event.

Online Canadian customs broker Clearit.ca now offers an extensive array of services for important shipments to Canada. Unfortunately, importing from a country to another requires certain procedures which are different from country to country. This company is located in Canada and they deal with imports that come to this country. Customs broker in Canada can be easily hired online in order to solve any potential problems and to supervise imports.

Pcdata USA is a paperless dispatch system especially developed for an environment where a large range of products needs to be dispatched in a short time, for example perishable goods. Using Distrib Put-to-Light, products are sorted to customer locations, making the application suitable for "daily fresh" products, and environments where product availability versus delivery time is uncertain. This type of challenge is often seen with cross-dock operations or daily fresh facilities such as bakeries and cut-flower distribution centers.

Magline, makers of innovative lightweight route distribution solutions, introduced a new innovative product called Gemini® Bulk Container Edition. The container was developed to be reusable and stackable, easily haul heavy packages and bulky items, as well as support mixed loads for safe, efficient delivery. It locks on trucks with ease then can be quickly removed from the truck when not required. The Gemini bulk container is made from molded polyethylene and will not dent, corrode or absorb moisture, and resists UV light. Several industry sectors will find easy application for the Gemini including airport delivery, mail rooms, commercial laundries, recycling operations, ice delivery, manufacturing facilities, bulk materials, automobile parts, laundry services, housekeeping, janitorial, parcel delivery, retail, waste management, and more.

We believe that Brazil's economic recovery will falter this year, and are revising down our 2014 real GDP growth forecast from 2.4% to 2.0%, below our 2013 estimate of 2.3% growth. Indeed, further monetary tightening, significant exchange rate weakness and ongoing project delays in the infrastructure sector will negatively impact both the private consumption and fixed investment components, weighing on headline growth.

MarketLine's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and inorganic growth activity undertaken by an organization to sustain its competitive advantage.

We remain positive about the Pakistani economy, emphasising the strength of the recovery, the beneficial impact of IMF-supported reform initiatives, measures to overhaul the energy sector, and the upcoming privatisation programme. We are maintaining our existing growth outlook - GDP estimated to grow by 3.4% in fiscal year 2013-14 and forecast to accelerate to 4.0% in 2014/15, but believe that risks have tipped somewhat to the upside.

We maintain our cautious view for China's shipping sector. While the outlook for China's traditional economic growth drivers such as heavy industry and real estate construction remains cloudy, the outlook facing the more consumer-focussed industries is relatively strong over the medium term. Overall, though, as the traditional sectors remain the dominant drivers of the economy, we remain cautious in our real GDP growth outlook. We expect the economy to expand by 7.1% in 2014, before slowing to average 6.1% over the next five years and caution that there are downside risks to this forecast.

Manila International Container Terminal (MICT) is set to hold the top position in Philippines' maritime sector in terms of container throughput in 2014, with BMI forecasting the continuation of steady growth.

Oman continues to develop into a regional powerhouse for the shipping and transhipment of dry bulk goods such as iron ore. To this end a new port is being constructed at Duqm and new cargo terminals at Salalah and Sohar. The new Duqm port will also boast a new oil refinery. Further port developments include the announcement that all cargo operations are to be moved from the Muscat port of Sultan Qaboos to Sohar by the end of 2014. All of this is aided by Oman's position on the Arabian Sea, outside the Gulf, enabling it to offer shorter shipping lines than ports within the congested body of water. On the macroeconomic side, growth in the Omani ports sector will be supported by expanding GDP and rising private consumption.

We forecast that Iran will return to economic growth in 2014, with real GDP set to expand by 2.8% following our 2013 estimate of a 2.9% contraction. Container shipping also is set to take tentative steps to recovery. Risks to the upside to both of these forecasts are presented by the growing rapprochement between Iran and the international community. However, the country's shipping sector has been impacted severely by sanctions in recent years - another hit came in 2013 following the introduction of strengthened US sanctions on July 1, which resulted in all major shipping lines ceasing to call at Iranian ports. At the time of writing in April 2014, it appeared that shipping lines would be returning to Iran as rapprochement continued. However, this had not been confirmed and there were no indications as to when it was expected to happen.