Thursday, March 24, 2016

Market Briefing from WorldCargo News Online

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Market Briefing

"Horrow show" for liner shipping
This was how Tim Power, head of advisory services at UK-based Drewry Shipping Consultants, described today's liner shipping industry....
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DP World into Novorossiysk?
According to Russian reports DP World has made an agreement to buy a 49% stake in the NUTEP container terminal...
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Reducing carbon footprint
European multimodal operator Contargo has introduced a free "carbon footprint" calculator to help shippers, forwarders and shipping lines reduce their carbon footprint, called IMTIS...
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New funding for Gaussin
Gaussin has boosted its working capital through a private placement, which also unlocks a loan from France's General Commission for Investment...
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Belgian road tolls row
Dutch hauliers are threatening legal action over the imminent Belgian motorway truck tolls...
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US goes its own way on weighing
While the Coast Guard maintains the US will be compliant with the SOLAS amendment on container weighing, US Shippers are interpreting guidance from US Coast Guard Rear Admiral Paul Thomas as confirmation they can continue with existing practice to declare the weight of their goods rather than weigh containers....
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Walvis Bay rail upgrade
The Namibian Ports Authority has completed the upgrade of all railway infrastructure at the Port of Walvis Bay at a cost of N$20M (US$1.3M)...
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Sherwin-Williams to acquire Valspar
US paint supplier to acquire Valspar for US$11.3 billion, creating the world's largest coatings company...
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Konecranes backs its Chairman
Konecranes has stated that in the matter of a criminal charge being brought against Stig Gustavson it can find no evidence of any wrong doing on his part and he has the Board's full confidence. Gustavson himself said the charges are unfounded and has asked the court to reject them in the upcoming trial. Konecranes is not a party in the matter....
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HOEGH OSAKA was unstable - MAIB
The UK Marine Accident Investigation Branch has published the findings of its investigation of the listing, flooding and grounding of pure car and truck carrier HOEGH OSAKA on the Bramble Bank in the Solent in January last year...
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Grangemouth - parties agree to talk
The Unite union and Forth Ports will meet ACAS to discuss the new shift pattern, so the damaging strike and overtime ban will be suspended from 06.00h on Monday, 21st March...
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Safety awards for APM Terminals
Two APM Terminals' facilities in the US and its terminal in Buenos Aires have been recognised for safety...
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Dutch to fight tax ruling
Led by Rotterdam, the Dutch seaports will appeal against the European Commission ruling that they should pay corporation tax from January 1st, 2017...
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    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.
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