Friday, December 20, 2013

Market Briefing from WorldCargo News Online

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Market Briefing

People on the move
Latest news of appointments and departures known to WorldCargo News in the shipping, ports and allied sectors...
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UASC closes US$1,251M syndicated loan facility
United Arab Shipping Company (UASC) has closed a US$1,251M multi-tranche, syndicated loan facility for the partial financing of 7 x 14,000 TEU and 5 x 18,000 TEU containerships....
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LA volume climbs
Container volume at the Port of Los Angeles grew 17.3% in November...
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SHIFTRAIL drive for modal shift in Europe
The European Commission has published its proposal for a Council regulation establishing the SHIFTRAIL Joint Undertaking...
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Gulftainer ambitious for top five slot
Sharjah (UAE)-based international terminal operating company Gulftainer hopes to be handling 18M TEU/year and to have a presence in 35 ports across the world by 2020....
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Hapag-Lloyd stirs the pot
Hapag-Lloyd's chairman Michael Behrendt says that the line will catch up with the P3 partners and possibly become the Number 1 container carrier...
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Tex tops 3M TEU mark
Already the world's largest container leasing company by fleet size, Textainer Group Holdings has announced that its fleet has surpassed 3M TEU, representing a major milestone for the company as well as the industry....
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New DC for Gothenburg
A new 24,000 m2 warehousing and distribution centre at Arendal, located directly beside the port, is now complete...
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Renewed threat to Mozambican freight
Rebel group Renamo has stepped up its attacks on logistics operations in Mozambique...
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Duisport on for 3M TEU in 2013
Container traffic over Duisport is expected to grow by 16% to a record 3M TEU in 2013...
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New port for the Crimea?
Ukraine's KyivHydroInvest has signed an agreement with Beijing Interoceanic Canal Investment Management regarding construction of a deep water port and industry park by Lake Donuzlav...
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Containerships switches from Hamburg to Lubeck
Containerships will add the port of Lubeck to its existing sailing schedule with weekly east and westbound connections between St Petersburg and Helsinki...
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New locos for DRS
British rail freight company Direct Rail Services will introduce 15 new Class 68 locomotives for mixed traffic operations...
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New Grimaldi Adriatic service
Grimaldi Naples is launching a new direct ro-pax service between Ravenna, Igoumenitsa and Patras...
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Gottwald in Italy
Two mobile harbour cranes have just been commissioned in Genoa...
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Adriatic dreams of European glory
Ports in the Northern Adriatic are expanding facilities and installing systems that should enable them to process a larger slice of Europe's international trade....
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Flexitank industry raises the bar
After a somewhat chequered past, moves are afoot to reinforce verifiable standards for flexitank manufacturing and testing to enhance quality and integrity....
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Sany Port Equipment starts to target crane market
As reported in the December 2012 issue of WorldCargo News (p1), Sany Port Machinery is working on an order for a Panamax STS container crane from Baltic Container Terminal (BCT) in Riga, a Hili group company. BCT already has Sany equipment in the shape of a reach stacker delivered last November. The crane is scheduled for delivery in the first half of 2014 from China....
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Turning down the volume in ports
Kalmar has published an interest ing article, called the Voice of Noise, by Ismo Matinlauri, its business development director, who heads up the company's Port 2060 concept. As part of this long-term vision, Matinlauri has floated some ideas that, by his own admission, are "futuristic" even though they are based on solid engineering principles. However, his views on noise reflect current thinking and, to some extent, current reality as well, and they will be shared by other OEMs and by port authorities and terminal operators....
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Living in the land (sea) of the giants
The first 18,000 TEU ship has made her maiden voyage. Even bigger vessels may be on the way....
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New life breathed into old cranes
Italy-based MGM-OMG has been noted during the past 10 tears for its crane revamping and modernisation work. It has carried out several major projects in ports such as La Spezia, Genoa and Trieste as well as outside Italy, such as in Morocco, Malta and Spain. etc....
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Better shortsea expectations
Intra-northern European con tainer trades are set for modest growth but operators face challenges....
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Testing times for dry freight box builders
The dry freight box building industry is having another tough year, with production volumes down and pricing still depressed....
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Reefer box building capacity grows
The coming year will see the reefer box manufacturing industry add more than 70% to capacity levels....
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Major casualties impact container sector
The big news from the container industry has come not from over-tonnaging or rate cutting but the casualty record of boxships....
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