Market Briefing from WorldCargo News Online

CLICK HERE TO VIEW THE LATEST WCN E-NEWSLETTER IN YOUR BROWSER Welcome to the latest eNewsletter from the publishers of WorldCargo News, the world's leading resource for international cargo professionals. Click here to view a sample issue of WorldCargo News and subscription information. Click here for information on advertising in print or online. 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... Click here for more 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... Click here for more ZPMC wins US$376M crane order New order from PSA Singapore is ZPMC's largest single crane contract to date... Click here for more European wagon lease merger VTG has announced the completion of its takeover of AAE, creating a lease fleet of 80,000 wagons... Click here for more People in the news Latest round-up of appointments and related news known to WorldCargo News in the ports, shipping and allied sectors... Click here for more Konecranes RMGs for Haifa Konecranes has received a repeat order for three RMGs from Haifa Port Company... Click here for more Buyer for Montreal Terminals Morgan Stanley Infrastructure Partners is selling Montreal Gateway Terminals to Montreal Investor Fiera Axium Infrastructure Inc.... Click here for more 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.... Click here for more Mombasa hits 1M TEU Kenya Ports Authority achieves milestone on the final day of 2014... Click here for more 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... Click here for more 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)... Click here for more 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... Click here for more 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.... Click here for more 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.... Click here for more 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.... Click here for more 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.... Click here for more 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.... Click here for more 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.... Click here for more 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.... Click here for more 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.... Click here for more 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.... Click here for more 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.... Click here for more 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).... Click here for more 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.... Click here for more 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.... Click here for more 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.... Click here for more 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.... Click here for more 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.... Click here for more WindBreaker goes global WindBreaker, the container securing hook developed by Dutch company Star-Box, has now been successfully exported.... Click here for more 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.... Click here for more JOIN US ON LINKEDIN The WorldCargo News LinkedIn group complements WCN in print and online and offers you the opportunity to discuss key issues and network with your peers and a wide cross-section of industry experts. 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Publisher WCN Publishing The Coach House 24 Bridge Street Leatherhead SURREY KT22 8BX United Kingdom Tel: +44 (0)1372 375511 Fax: +44 (0)1372 370111 Visit other WCN Publishing publications: Bulk Materials International (c) WCN Publishing FEATURED EVENT Intermodal Asia 2015 Intermodal Asia will be the must-attend event that brings the Asian intermodal and container industry together. 24-26 March 2015 Shanghai World Expo Exhibition & Convention Center, Shanghai, China Click here for more information Reports Container Terminal Planning - A Theoretical Approach A major study by Dr Itsuro Watanabe (Container System Technology). This comprehensive 245 page study is an in-depth analysis of capacity constraints, productivity, selectivity and flexibility of different container handling systems in terminals of different types and sizes: common-users or dedicated; hub centre (transshipment and/or relay) or import/export vocation; gateway or feeder port; intermodal rail or truck distribution inland; with or without CFS, etc. Click here for more information Upcoming events FEATURED EVENT Multimodal 2015 Multimodal has become the UK and Ireland's premier freight transport and logistics event. Presenting the entire supply chain under one roof, it is the go-to event for shippers, importers, exporters, manufacturers, wholesalers & retailers seeking ways to run a slicker supply chain. 28-30 April 2015 NEC Birmingham, UK Click here for more information Cargo Logistics Canada Expo and Conference 28-29 January 2015 Vancouver Convention Centre Canada Click here for more information Intermodal Asia 2015 24-26 March 2015 Shanghai World Expo Exhibition & Convention Center, Shanghai China Click here for more information TOC Asia 2015 21 - 22 April 2015 Marina Bay Sands Singapore Click here for more information Multimodal 2015 28-30 April 2015 NEC Birmingham UK Click here for more information Transport Logistic 5-8 May 2015 Messe Munchen Germany Click here for more information Powered by Blogger.