Friday, January 9, 2015

Market Briefing from WorldCargo News Online

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Market Briefing

Mitsui books Jakarta deal
Mitsui Engineering & Shipbuilding will deliver eight Triple-E capable STS cranes and 20 RTGs to New Priok Container Terminal in Jakarta...
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CSCL GLOBE in Felixstowe
Currently the world's biggest container ship at 19,100 TEU intake (at ave 9.6t/TEU) is making her European debut at Felixstowe...
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ZPMC wins US$376M crane order
New order from PSA Singapore is ZPMC's largest single crane contract to date...
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European wagon lease merger
VTG has announced the completion of its takeover of AAE, creating a lease fleet of 80,000 wagons...
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People in the news
Latest round-up of appointments and related news known to WorldCargo News in the ports, shipping and allied sectors...
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Konecranes RMGs for Haifa
Konecranes has received a repeat order for three RMGs from Haifa Port Company...
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Buyer for Montreal Terminals
Morgan Stanley Infrastructure Partners is selling Montreal Gateway Terminals to Montreal Investor Fiera Axium Infrastructure Inc....
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ILWU agrees to mediation
After trying unsuccessfully to get shipping line leaders to the table, the ILWU has agreed to mediation in the long-running West Coast Contract dispute....
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Mombasa hits 1M TEU
Kenya Ports Authority achieves milestone on the final day of 2014...
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MARSTAL MAERSK at APMT, MVII
The 18,300 TEU Triple-E vessel is the largest yet to call the new Maasvlakte II expansion of the Port of Rotterdam...
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Breakbulk exhibitions sold for US$42M
Exhibition organiser ITE Group Plc announced before Christmas that its wholly owned subsidiary, ITE Enterprises Ltd, has acquired Breakbulk Holdco UK Ltd and its subsidiary companies from Electra backed, AXIO Data Group for a maximum consideration of US$42M (£26.8M)...
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HOEGH OSAKA aground in Solent
Hoegh Autoliners is currently assessing (Sunday, 4 January)damage to HOEGH OSAKA, which ran aground in the Solent after leaving Southampton last night...
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German port investment
The German Upper Rhine Port of Kehl is commissioning a new widespan barge-to-shore crane from Hans Kuenz, which has previously supplied three cranes to the port. The crane has a SWL of 50t and is equipped with two hoists and a magnet system and can be used to handle bulk commodities as well as containers. Attachments include a container spreader and a 12 m3 grab. Rail span is around 54m, waterside outreach 28.5m and gantry travel speed is 120 m/min. Total crane weight is 520t and the investment is around €4M....
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New products from Duraloc
UK-based container component and twistlock manufacturer Duraloc Ltd has developed a new upper interconnector, designed to allow empty 10ft and 20ft containers to be interlocked longitudinally and handled as a single module....
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Peru PPP project
A new port complex is to be built at Chancay Bay, some 78 km north of Lima. The US$2.8B project will include 10 quays and a logistics zone. The site was chosen by Peru's Defence and Culture Ministries, and the Navy. Development of the project will be taken forward as a public-private partnership, with the infrastructure to be built by the state and operations undertaken as a concession by the private sector....
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New berth and yard at DCT Gdansk
DCT Gdansk, which serves as the Baltic hub terminal for Maersk Line, has finalised the tender process for the design and construction of a new berth and supporting container yard. The winning bid came from the BESIX NV, the largest operating affiliate of Besix Group, Belgium's biggest construction group....
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Boost for Ituzaingo
The government of the Argentinean province of Corrientes is to undertake topo-bathymetric studies to get a better understanding of the land, draught and speed of the Parana River, prior to going ahead with construction of a new port at Ituzaingo....
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Tank fleet expands
Lehnkering Chemical Transport (LCT), part of Duisburg-based Imperial group, is adding 100 x 7.15m long swap tanks from Van Hool in Belgium to its fleet. Under the new BIC LEHU code, LCT now operates as a registered operator of highly specialised new tank containers for transport and storage of specialty chemicals....
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but will the shippers pay?
Two large reefer shippers represented at TOC Americas questioned the value of real-time reefer monitoring for their businesses. Allison Nowlin, international logistics supervisor for protein producer JBS said it does not want to individually monitor every reefer box it ships. JBS ships around 31,000 reefer containers a year, and monitoring them all, she said, would be administratively difficult and costly....
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HMM to sell US terminals
Hyundai Merchant Marine (HMM) has announced New York-based private equity investor Lindsay Goldberg as the preferred bidder for its US terminal assets, California United Terminals (CUT) in Los Angeles and Washington United Terminals (WUT) in Tacoma....
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PierPass under fire
The spiralling congestion at Los Angeles/Long Beach (see page 1) has left terminal operators, the ports themselves and truckers at odds over what to do to ease the problem. The Long Beach Harbor Commission has voted to approach the Federal Maritime Commission (FMC) to seek permission to cooperate with LA on a solution, on the basis that it needs an approved Discussion Agreement to address all the complex harbour transport systems in a unified way....
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Lightweight box revolution
German steel specialist Mubea believes the container industry will eventually follow others and embrace a steel-rolling technique that could save up to 200 kg on the weight of a container, without requiring special high-tensile steels or other expensive materials like aluminium or carbon fibre....
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CMA CGM adds new reefers
CMA CGM has acquired 7,000 new 40ft high cube reefer containers including 6,000 "low consumption" gensets. The line reported that its reefer box volumes are growing by 13% a year, double the rate of the overall market. The company has also just taken delivery of another technically advanced 9,400 TEU ship, cma cgm elbe, with reefer capacity of 1,458 FEU (WorldCargo News Online, 16 October, 2014)....
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Reefer charges on radar
Unable to successfully raise reefer rates, lines are putting pressure on terminal electricity and monitoring fees as they look to lower their costs....
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Malaysian dredging dispute
Malaysia's Centralised Terminals has started arbitrage proceedings against Tanjung Langsat Port, the former has said in a filing with the Kuala Lumpur Stock Exchange. Centralised Terminals' 80% owned subsidiary Langsat Terminal (One) aims to recover losses and damages from Tanjung Langsat Port for its alleged failure to maintain a minimum draught in the approach channel, it said....
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Hawaii terminal project
In Honolulu, permission has been given for the construction of the New Kapalama Container Terminal, to be developed at a cost of US$266M....
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MCI Chile targets 2016
Maersk Container Industry (MCI) is now in the final stages of fitting out its new reefer factory near San Antonio, Chile, but the plant will not begin commercial production for at least another 12 months....
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Mayanmar port on the radar
Construction work at the Kyaukphyu deepsea port in Rakhine State has been completed - another sign of the pick-up in ports and shipping activity in Myanmar (Burma). The port will be ready to receive oil tankers in November....
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WindBreaker goes global
WindBreaker, the container securing hook developed by Dutch company Star-Box, has now been successfully exported....
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The Arctic gains hub
In view of growing North East Passage navigation, Russia is to transform Petropavlovsk-Kamchatsky, the largest harbour on the north-eastern Kamchatka peninsula, into a hub port capable of handling up to 1M TEU/year. The federal seaport agency, Rosmorport, has signed an agreement with Kamchatka's regional administration and the Commercial Seaport of Petropavlovsk-Kamchatsky (PKMTP) concerning construction of a deep-water container terminal capable of handling 5,000 TEU ships, as well as the reconstruction and seismic retrofitting of a 2 km long quay wall....
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