Thursday, January 10, 2013

Market Briefing from WorldCargo News Online

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Market Briefing

New block train service for General Motors Korea
GCS/Ruscon has introduced a block train service from the new Ust-Luga Container Terminal (ULCT) to Nizhniy Novgorod 400 km east of Moscow....
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Finnlines takes over Powerline service
Finnlines has assumed control of rival services between Lubeck and Helsinki...
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Forth Ports/Roxhill team up on LDP
Forth Ports and specialist industrial development company, Roxhill Developments, have formed a new joint venture to develop the London Distribution Park (LDP) at the UK Port of Tilbury....
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Banks to take firmer grip on shipping in 2013
International accountant and shipping consultant Moore Stephens says banks will exert more control over the shipping industry in 2013. It also expects vessel values to fall further and the cost of regulatory compliance to increase....
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Mississippi shipping hits the rocks
The drought situation in the US Midwest could result in barge operations ceasing on a section of the Mississippi river this month...
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Oakland Marine Highway still stuck
A year after the Port of Stockton took delivery of two new Liebherr mobile harbour cranes, the "Marine Highway" project to barge containers between Oakland and the ports of Stockton and Sacramento has yet to get underway...
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New Montreal terminal for CSX
CSX Intermodal is understood to be redeveloping its intermodal terminal in Beauharnois, Quebec near Montreal into an RTG facility...
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Canadian railroads re-regulated
Late last year the Canadian Government moved to conclude the Rail Freight Service Review that it began in 2008 with a Bill that would re-regulate some rail freight services in Canada...
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Collapsible containers - has their time come?
Many have been designed, none has taken off, but there may be renewed interest in the idea of collapsible containers....
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Uncertainy creeps into the reefer market
The global reefer trade has been posting stronger rates of growth than that for dry freight cargo over the past decade and container liner shipping companies have been gaining market share, but predatory pricing policies appear to have made the business unprofitable....
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Flexitank market proves to be recession-proof
The demand for flexitanks is being buoyed by emerging markets and the need to adopt the most cost-efficient methods for the transport of non-hazardous liquids....
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Slowdown for reefer manufacturers
After enjoying almost two years of record production, reefer builders have had to readjust to fewer orders and a growing equipment stockpile at factories....
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Terminal tractors enter the green zone
Even as terminal tractor builders prepare for Stage IV/Tier 4 Final, innovators are looking for alternatives to diesel, including diesel hybrids and alternative fuels, such as CNG/ LNG, LPG and even petrol (gasoline). Most ambitiously, Capacity of Texas, Inc has developed a "zero emissions" plug-in electric/hydrogen fuel cell drive platform (ZETT) in collaboration with Vision Industries. It may be some time, if at all, before hydrogen fuel cells are commercially viable in the terminal tractor power range. Batteries, however, may prove to be a readier route to "zero emissions."...
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Troubled times for marine insurers
The overriding message from the 2012 annual conference of the International Union of Marine Insurance (IUMI) in mid-September was depressingly downbeat. Prospects for marine insurers are bleak in the short to medium term, the global marine market has registered its 16th successive year of technical loss and total attritional losses are increasing. Pricing must move up, but efforts to raise premium rates, especially for hull insurance, are being stifled by overcapacity and the abysmal state of freight markets, with shipowners doing all they can to reduce operating costs....
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Tough going for dry freight box builders
After experiencing a short-lived production surge in mid-2012, the world's dry freight container manufacturing industry is again facing tough times....
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