Friday, September 9, 2016

Market Briefing from WorldCargo News Online

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Market Briefing

New inland port for Melbourne
DP World Australia and Austrak have announced a new inland port development that will link Melbourne to Somerton by rail....
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Hanjin resurrection "exceedingly unlikely"
Shipping analyst and market intelligence consultancy SeaIntel concludes Hanjin's "days as a major global player are over"....
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Dublin-Bristol from Seatruck
Irish Sea Ro-ro specialist Seatruck Ferries wants to tap into the Irish mnarkt for new cars...
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Rotterdam agrees a "Hanjin deal"
ECT and the four major Dutch industry organisations have announced a new arrangement for Hanjin containers, featuring drastically lower charges and securities...
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Carriers still in trouble despite rate rise
Benchmarking and freight rate comparison company says the container shipping sector "remains mired in troubled waters", and suggests the industry might ultimately look to "commoditise", with freight rates set on a global exchange....
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Ports caught in the storm
Ports and terminal operators across the US and Canada continue to meet daily on the situation regarding Hanjin Shipping entering receivership....
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DFDS Paldiski-Hanko ferry deal
DFDS will take over the ferry operations on the route from Estonian operator Navirail with effect from 1st October...
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PEMA issues shore power clarification
The Port Equipment Manufacturers' Association (PEMA) has revised aspects of its advice paper on shore power connection to make it clear that the shore power connection standard does apply to tankers....
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TTI Algeciras defiant
Amidst all the "noise" over the receivership of Hanjin Shipping and its disruptive consequences for global port operations, the line's former affiliate in Algeciras is taking steps to reassure the market...
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Cargotec shuffles the pack
The departure of Ken Loh from Kalmar has led to some high profile changes along the line...
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Transnet dredging simulator
The new simulator will help build dredging capability in South Africa...
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DP World wins Berbera concession
DP World says it will set up a joint venture with 65% control together with the "government of Somaliland" to manage and invest in the Port of Berbera...
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CMA CGM's Q2 2016 results well down
Sluggish cargo growth and a sharp fall in freight rates has resulted in Marseilles-based CMA CGM posting sharply poorer results for Q2 2016...
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People on the move
Latest round-up of appoitments and departures known to WorldCargo News in the shipping, ports and allied sectors...
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WWL streamlines operations
Wallenius Wilhelmsen Logistics (WWL) owners Wilhelmsen and Wallenius have signed a letter of intent to establish a new ownership structure for their jointly owned companies...
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DP World teams with Summa Group
DP World and Russia's Summa Group have signed a Memorandum of Understanding to explore investment opportunities in ports, special economic zones and inland logistics facilities in the Russian Federation...
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