Friday, April 18, 2014

Market Briefing from WorldCargo News Online

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Market Briefing

Los Angeles leaps ahead
Throughput at LA surges while Long Beach records a decline....
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Containers are star performers in Nigeria
The number of containers handled at Nigeria's main ports soared by more than 15% in 2013 and exceeded 1M TEU for the first time....
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ECG welcomes European haulaway decision
The Association of European Vehicle Logistics (ECG) has welcomed the European Parliament's vote in favour of a harmonised loaded length for car transporters...
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TT Club says logistics insurance claims can be cut
Philip Emmanuel, the Hong Kong-based director of the Asia Pacific region for the TT Club, believes that insurance claims made by transport companies and logistics service providers can be prevented, or substantially reduced, through sensible risk management practices....
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Hapag-Lloyd and CSAV agree to merge
The much discussed merger between the two carriers has been concretised; enter the world's fourth biggest container line, subject to regulatory approvals...
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Global stacking cranes installed
Global Terminal at the Port of New York New Jersey has now completed the gantry crane component of its expansion project....
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Carrier passes million mark
Some 46 years after developing the first picture frame container refrigeration unit, Carrier Transicold handed over its one millionth unit during a ceremony at its Singapore manufacturing facility today....
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Antwerp acquires Opel site
Antwerp Port Authority to purchase the Opel site, the location of the former General Motors production plant in the Antwerp port area...
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Port of Rotterdam partners with TOC
The Port of Rotterdam has signed a global partner deal with TOC Worldwide...
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People on the move
Latest round-up of appointments known to WorldCargo News...
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Felixstowe expansion under way
Work has started at the Port of Felixstowe on the latest expansion of the UK's largest container port...
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Luanda takes containers on board
Figures on the volume of cargo handled at the Port of Luanda in 2013 reveal a big switch from non-containerised to containerised cargo...
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ICTSI for Umm Qasr
International Container Terminal Services, Inc (ICTSI) is partnering with the Government of Iraq to invest in Umm Qasr Port...
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Le Havre joins 18,000 TEU club
Maersk's MAGLEBY MAERSK was due to make her maiden French port call at Le Havre today (14 April)...
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Suape - new tenders on the way
A tender for a second container terminal in the port os Suape, in Pernambuco in North Eastern Brazil, "will go ahead during the second half of this year"...
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Remote control station wins award
ABB has won a "Red Dot" Award for its Remote Control Station....
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Big year for reefer leasing
The leasing industry committed to another substantial purchase of reefer containers in 2013, but new equipment per diems and cash returns remain at an all-time low....
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Box leasing still in the ascendency
The container leasing sector enjoyed another strong year in 2013, although its pace of fleet growth now appears to be slowing, while rental rates and cash returns remain under pressure and utilisation has weakened slightly....
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The best laid plans...
To what extent is an incident at sea involving a shipment of automated straddle carriers responsible for delaying a project in Australia?...
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