Saturday, October 15, 2016

Market Briefing from WorldCargo News Online

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Market Briefing

Bad timing for new capacity
In Mexico additional container capacity is coming on stream just as the market is experiencing a step slowdown in container traffic growth, TOC Americas conference hears....
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Liebherr LHM 600 for Kingston
Liebherr recently delivered what it claims is the biggest mobile harbour crane in the Caribbean to Kingston Wharves Limited in Jamaica...
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Logent for Gothenburg Logistics Park
Gothenburg's car terminal operator and multimodal logistic services provider Logent will be the first tenant in the Prologis section of the port's new logistics park...
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Transneft to withdraw from Novorossiysk?
Transneft, Russia's state-owned oil company, is understood to be on the point of selling its 35.5% stake in Russia's largest sea port...
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Shippers urged to "be more selective"
Chairman Mario Cordero said the ability of the Federal Maritime Commission to mitigate the impact of a shipping line failure is limited, and shippers should not be surprised if another carrier fails....
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Cranes down in the Caribbean
Hurricane Matthew leaves a trail of destruction at Freeport Bahamas...
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More cranes arrive for Liverpool2
A further six cantilever rail-mounted gantry cranes have arrived in the River Mersey ready for installing and commissioning at the Liverpool2 deep water container terminal...
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MacGregor, CSSC Luzhou joint venture
MacGregor, part of Cargotec, and China State Shipbuilding Corporation's (CSSC) Nanjing Luzhou Machine Co Ltd (LMC) have formed CSSC Luzhou MacGregor Machine Co Ltd...
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Romanian intermodal facility opens
The new terminal in Oradea is a joint venture of P&O Ferrymasters and Transmec...
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ZPMC for DP World Australia
After placing an order for one crane with Liebherr in 2013, DP World Australia has stayed with ZPMC for four new units....
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DR B S Park
Dr B S Park, Chairman and CEO of the Korean Register, has died after a short illness...
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People on the move
Latest news on appointments known to WorldCargo News in the shipping, ports and allied industry sectors...
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Boxporter RMG for Koper
Konecranes has signed a deal with the Port of Koper in Slovenia for delivery of the first Boxporter RMG unit. It will be delivered in 2017...
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ICTSI opens new terminal in Iraq
International Container Terminal Services (ICTSI) has opened its latest facility, a 200m berth on a greenfield site in the port of Umm Qasr, Iraq....
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