Friday, May 2, 2014

Market Briefing from WorldCargo News Online

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Market Briefing

New cranes for Newark
Port Newark Container Terminal adds three new RTGs with three STS cranes to follow in May....
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CMA CGM opens Baghdad dry port
Marseilles-based CMA CGM has expanded its operations in Iraq by opening a new dry and bonded cargo handling complex that will serve the city of Baghdad and the surrounding region....
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London Gateway secures first east-west service
DP World's London Gateway will start to receive ships deployed in the G6 Alliance's new northern Europe/US east Coast/Far East PA 2 pendulum service from May 2014....
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Newcastle goes to Oz/China joint venture
A 98-year lease of the world's largest coal port has been sold to Port of Newcastle Investments, a 50:50 joint venture formed by Australia's Hastings Funds Management and China Merchants Group....
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Malcolm's big box solution
Scotland-based Malcolm Group (MG), which is renowned for innovative solutions for its intermodal transport and logistics activities, is to phase into service a series of 50ft long containers....
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Tacoma to complete rail link
Port asks Commission for funding to link on-dock rail at East Blair One Terminal to mainline....
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INTTRA integrates with Catapult
Partnership adds Catapult's contract management system to INTTRA's e-commerce network....
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Ravenna ready for 17-wide
Italian terminal completes crane refurbishment while it waits for new terminal to get underway...
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Lyttelton vessel planners to strike
Port plans to keep operating using management staff....
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N4 for TERPORT
TERPORT in Paraguay plans to instal Navis N4....
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Globe Tracker/CIMC in Shenzhen pilot
"Asian showcase" will use Globe Tracker (GT) technology to build a complete cargo and asset visibility system in Shenzhen....
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Eurotunnel to cut rail freight tolls
Cuts of up to 50% in access charges for through rail freight trains could be on the cards...
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Cleveland, Ohio to Antwerp all-water!
The new Cleveland-Europe Express Ocean Freight Service recently completed its first sailing...
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Femont in stormy waters
Antwerp-based crane maker Femont NV has been forced to file for bankruptcy after its bankers withdrew funding support...
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Hong Kong calls for more space
Terminal operators say bigger vessels are causing congestion and productivity problems....
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MSC starts direct Asia/West Africa service
Geneva-based MSC is to deploy 10 x 4,000 TEU vessels in a new service linking Asia and West Africa....
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UASC expands Asia/Europe network
Dubai-based United Arab Shipping Company (UASC) is strengthening its operating presence in the Asia/Europe/Asia trade and at the same time forging closer relationships with key members of the CKYHE alliance....
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Little progress seen with "green" paint
Despite the fact that Chinese environmental authorities are targeting the use of traditional solvent-borne coatings in a variety of industries, a new report released by the Container Owners Association (COA) shows a drop in the use of environmentfriendly alternatives in the container manufacturing sector....
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Bertschi expands BASF site
Bertschi AG is investing 13M in a significant expansion of its BASF site in Schwarzheide in eastern Germany, which will see the handling capacity of the existing intermodal rail terminal doubled, storage capacity tripled and increasing demand for the storage of hazardous goods met by a new hazardous products depot....
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Melbourne sale certain
The sale of a long-term lease of the port of Melbourne is now certain to happen - sooner rather than later - after the Victorian Liberal/ National Government finally confirmed its long-rumoured intentions on 5 March....
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Chinese funds for Port of Bagamoyo
After several years of talks, the Chinese government has agreed to help fund the development of the Port of Bagamoyo, north of Dar es Salaam....
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Mombasa funding agreed
The UK government has agreed to provide KSh450M (US$53M) and the Dutch government an unspecified amount to fund improvements at the Port of Mombasa. The money, which will be released through Trade Mark East Africa to the Kenya Ports Authority (KPA), incorporates 10 different components that mostly focus on efficiency improvements....
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Wiencont joins InlandLinks
Illustrating the "pull" of Rotterdam in its extended hinterland, WienCont, the trimodal container terminal in Vienna, has become the first Austrian terminal to join the port's InlandLinks network. InlandLinks now comprises almost 70 terminals in the Netherlands, Belgium, Germany, Poland, Italy, Austria and Hungary....
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Dar es Salaam in the money...
The Development Bank of Southern Afr ica (DBSA) has signed an agreement with Tanzania Investment Bank to fund improvements at Tanzanian ports. In particular, the two banks will fund the upgrade of existing Berths 1-7 at Dar es Salaam....
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Is C5 in the making?
Taipei-headquartered Evergreen Line has announced that it is to join the Coscon, K Line, Yang Ming Marine Transport, Hanjin Shipping (CKYH) alliance in the Asia/Europe trade....
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Cold Train changing hands
Michigan-based Federated Railways Inc, an affiliate of Federated Capital Corporation, has entered into an agreement to acquire the assets of Rail Logistics LC, including its Cold Train Express Intermodal Service....
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APMT throughput up 3% in 2013
APM Terminals (APMT), the port management arm of the Copenhagen-based AP Moller-Maersk Group, has announced higher turnover (up 3% to US$4.3B) and net operating profit (up 9.8% to US$770M) for its 2013 fiscal year, which ended December 31, 2013. However, the group's return on invested capital slipped slightly, falling from 15.2% in 2012 to 13.5% last year....
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P3 focus on terminals
Shippers believe that container terminal performance will become a much more important factor in their shipping decisions as lines look to consolidate volume on bigger ships....
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Box finance under the spotlight
A conference session addressing the current economic situation in the container market and its effects on financing options for box lessors and operators will be held at Intermodal Asia 2014, which takes place at the Shanghai World Expo Centre from 1-3 April....
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Marsaxlokk dredging programme complete
Malta Freeport Terminals (MFT) at the Port of Marsaxlokk has completed an intensive dredging programme, which will allow the largest containerships afloat to call at its facilities....
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Adelaide orders Liebherrs
Flinders Adelaide Container Terminal (FACT), owned by Flinders Ports, has placed orders with Liebherr for two post-Panamax ship-to-shore gantries for delivery late this year....
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Hoyer launches new IBC configurator
Hamburg-based bulk liquids logistics service provider Hoyer has developed an innovative intermediate bulk container (IBC) web configurator that allows users to put together their own specifications....
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New Nile bridge
Work has started on developing a new US$140M bridge over the River Nile in Uganda....
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HCI/CARU launch 4Fold pilot project
Holland Container Innovations BV (HCI) and Rotterdam-based container lessor CARU Containers BV have started a pilot project to test HCI's 4Fold 40ft collapsible container design in intermodal transport service....
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Cryogenic tanks to be built in Russia
Russian tank container and rail tank car manufacturer Uralcryomash, part of OJSC Research and Production Corporation Uralvagonzavod, is planning to build cryogenic tanks for the transport of liquefied natural gas (LNG), at its plant in Nizhny Tagil....
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Singamas reports dip in profits
Singamas Container Holdings, the world's second largest container manufacturer, has reported a 16.5% fall in consolidated revenue in 2013 to US$1.28B from US$1.53B in 2012....
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Terex into Gothenburg
As reported earlier in WorldCargo News Online, Terex (Noell) has entered the Gothenburg straddle carrier market for the first time with an order for 12 machines from APM Terminals....
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Arkas adds to SEM service
Izmir-based Arkas Line is adding a third 1,400 TEU capacity ship to its West Mediter ranean (Spain)-Eastern Mediterranean (SEM) service, which carries a mix of local import/export and third party feeder cargo....
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Tas subsidy riles carriers
Moves by the Tasmanian Government to subsidise a foreign shipowner to re-open the state's direct international container connections have infuriated Bass Strait carriers....
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Jade at DPH
Diversified Port Holdings (DPH) has gone live with the Jade Master Terminal TOS at three sites in the US South East....
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...QR to go national?
The Australian Federal and Queensland State governments have begun negotiations to incorporate Queensland's rail freight network into the stable managed by the Australian Rail Track Corporation (ARTC)....
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New power source for reefers
Young Brothers Ltd, a leading operator of inter-island shipping services in Hawaii, has been selected to test a new hydrogen fuel cell unit to power reefer containers at the Port of Honolulu....
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Ruscon adds flexitank service
Ruscon, one of Russia's leading intermodal transport operators, has launched the country's' first regular flexitank service to Kazakhstan....
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Fuel cell trucks on the road
Vision Motor Corporation has introduced the third generation Tyrano hydrogen/electric hybrid fuel cell powered Class 8 road truck. Total Transportation Services, Inc (TTSI) has been testing the first two generations since 2011 and Vision now has over 3000 miles of test data. It has continued to modify and refine its design to meet the needs of shorthaul container drayage (less than 50 mile journeys) requiring trucks with an 80,000 GCVWR rating....
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More funding for Botany rail...
The Australian Government has injected more funds into the upgrading of Port Botany's rail link amidst suggestions that it will never be capable of handling the por t's projected container throughput....
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Hoover sweeps up offshore box builder
US-based offshore container and IBC manufacturer Hoover Container Solutions has acquired Container Company Ltd, a leading supplier of containers and cargo carrying units (CCUs) for the offshore oil and gas industry....
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Vanguard goes live
The Talleyrand terminal in Jacksonville has become the first to go live with a full implementation of Tideworks' next generation TOS, Mainsail Vanguard....
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