Friday, August 12, 2016

Market Briefing from WorldCargo News Online

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Market Briefing

Bedeschi acquires OMG-MGM
The mineral bulks handling equipment specialist has acquired fellow Italian company OMG-MGM, thus diversifying into STS and yard container cranes...
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Kalmar for Crowley again
Crowley Liner Services has placed a big order for laden handling lift trucks, following an intial order last year...
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New multipurpose terminal in Jurong
A new terminal capable of handling 300,000 TEU and 1Mt of general cargo a year has been opened by Jurong Port in Singapore...
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ICTSI volume up 10% in H1 2016
Consolidated volume at all ICTSI stake terminals increased to 4.26M TEU. EBITDA improved 8% to a record US$257.5M...
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Matson starts USWC/South Pacific Island service
Matson is now offering service between its facilities on the US west coast and the South Pacific islands of Samoa, American Samoa, Tonga and Fiji...
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EU clears Konecranes Terex deal
Konecranes has received approval from the European Commission for its pending acquisition from Terex Corp of all the Terex Material Handling and Port Solutions business lines...
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BIFA calls for end to surcharges
UK forwarders are backing shipper calls for an end to shipping line surcharges...
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SAAM reports increased Q2 earnings
The Chile-based, pan-Latin American port services, logistics and towage group has reported earnings of US$14.4M in Q2 2016...
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Kloosterboer gets heavy again
The BOW Terminal (Vlissignen) has been assigned as the logistical partner at the offshore wind assembly plant that steel constructors SIF are currently building at Rotterdam Maasvlakte II...
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People on the move
Latest round-up of appointments known to WorldCargo News in the shipping, ports and allied transportation sectors...
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Helen Delich Bentley
A giant of the US ports industry has passed away at the age of 92...
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TAPA reports "alarming growth" in cargo crimes
Recorded cargo crimes in the EMEA region continue to show an alarming rate of growth, according to the Transported Asset Protection Association...
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Hireco for London Gateway
Truck and trailer service specialist Hireco is to establish a base at DP World London Gateway Logistics Park...
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ZIM on top in Q2 2016
ZIM has been named as the best performing carrier in terms of schedule reliability in Seaintel's Global Liner Performance Report for the second quarter...
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Grimaldi in Baltic Adriatic rail bridge
Venice Port Authority, Lubeck Port Authority and Grimaldi Group have signed an agreement for the creation of an intermodal service (ship- train-ship) over Venice and Lubeck to connect the Adriatic and Baltic Seas...
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US intermodal awards announced
Carol Notias Lambos, partner of The Lambos Firm LLP, will receive the 2016 Connie Award. James Hertwig will receive IANA's 2016 Silver Kingpin Award....
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US Intermodal takes a tumble
US intermodal volumes recorded a decline in Q2 2016, breaking a growth streak that had run for 25 consecutive quarters, according to IANA...
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