Friday, March 11, 2016

Market Briefing from WorldCargo News Online

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Market Briefing

INTTRA unveils VGM service
New service will allow the verified gross mass requirement under SOLAS to be met without changes to the existing booking instruction and shipping instruction processes....
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Will the Mega ship model "give way"?
Olaf Merk from the OECD's International Transport Forum (ITF) said the mega ship model is an unsustainable "taxpayer financed bubble" that imposes unsustainable costs on the rest of the container supply chain....
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Betuwe line rerouting in Rotterdam
The port will reroute the first section of the dedicated freight link to remove a traffic conflict with inland shipping...
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Tilbury set to expand
Forth Ports has entered into an agreement to purchase from RWE 152 acres of land, including a deep water jetty, close to Tilbury...
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V.Group buys Bibby Ship Management
The combination of Bibby Ship Management with V.Group is aimed at further strengthening V.Group's overall position in ship management and maritime services and extending its position in the offshore market...
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INFORM for Deltaport
GCT Canada selects INFORM software to optimize rail operations at GCT Deltaport...
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Grimaldi extends Sardinia network
The operator is introducing a new ropax link between Civitavecchia and Olbia....
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APM Terminals completes Grup TCB acquisition
APM Terminals has completed the US$1B acquisition of Spanish Grup Maritim TCB's port and rail interests...
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Customs permit and AEO Certificate for RWG
Rotterdam World Gateway says it is the first deep sea container terminal with minimal customs presence in the Europeam Union...
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Hoyer, GAC logistics tie-up
The Hoyer Group has appointed GAC as its official agency partner in 17 countries in the Middle East, Indian Subcontinent and Africa...
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More CuboTainers for Vos Logistics
The Netherlands-based logistics company is taking a second series of 150 "CuboTainers" into service...
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Hamburg strengthens Austria intermodal links
In 2015 around 295,000 TEU were transported between the Port of Hamburg and Austria by rail...
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CMA CGM's strong growth depresses profitability
Marseilles-based CMA CGM saw its cargo volumes rise well above the market average last year with the 13M TEU carried being up more than 6% on 2014's level. But this came at a price as the liner company's turnover and operating profit both declined by 6.4% to US$15.7B and US$911M respectively....
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US Coast Guard creates VGM storm
A remark by the U.S. Coast Guard Rear Admiral Paul Thomas that SOLAS places no legal obligation on shippers in respect of the Verified Gross Mass requirement has been met with disbelief by the World Shipping Council....
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People on the move
Latest round-up of appointments known to WorldCargo News in the shipping, ports and related sectors...
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Rhenus extends German network
Rhenus Logistics has acquired, a regional logistics services provider in Germany...
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Siemens for Finferries' electric ferry
Siemens has been commissioned to provide the complete electro-technical solution for Finland's first battery-powered car ferry...
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Port dues frozen in South Africa
The Port Regulator of South Africa (PRSA) has rejected Transnet National Port Authority's (TNPA) request to raise its tariffs in the forthcoming financial year by 5.9%. Instead, TNPA will have to keep its charges frozen....
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