Friday, October 21, 2016

Market Briefing from WorldCargo News Online

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Market Briefing

Seatrade orders 4,000 reefers from MCI
In an order worth over US$55M, Maersk Container Industry will deliver the new Star Cool Integrated reefers from its factories in China and Chile....
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Go-ahead for Sheerness development
Planning permission to develop the former Thamesteel site at Peel Ports Sheerness has been granted by Swale Borough Council...
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Swedish fund set to buy GB Railfreight
Groupe Eurotunnel is pulling out of the British rail freight market...
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DP World into the Ukraine
DP World has recently signed a Memorandum of Understanding with the government of Ukraine to collaborate on matters of mutual interest, including the development of logistics capability in the country...
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SPRC and CONTECAR sign up for N4
Cartagena terminals SPRC and CONTECAR have become the latest Navis customers to decide to migrate from SPARCS to N4....
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Cold comforts for Eimskip
Eimskip has strengthened its position in the reefer forwarding services sector with the acquisition of a 90% stake in Netherlands-based Extraco Internationale Expeditie BV...
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IFC backs Tema
The International Finance Corporation of the World Bank has signed an agreement to provide US$667M to help fund the construction of the new container terminal at the Port of Tema in Ghana...
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Med order for InCat
Hobart, Tasmania-based InCat has won a €73M order from Virtu Ferries Ltd of Malta for a 110m long ro-pax catamaran ferry with a service speed of up to 38 knots...
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OPDR launches PENN service
PENN connects Continental Europe, three UK east cost ports and three Norwegian ports...
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South Africa container traffic down
The Maersk Trade Report for the second quarter of 2016 reveals that the volume of South African container traffic contracted by 10% in the first quarter of this year and 5% in the second...
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Hanjin fallout hits Long Beach
With Hanjin Shipping subsidiary Total Terminals Inc. operating Pier T, currently the largest terminal in Long Beach, the port saw a step drop in its container volume in September....
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PSA invests in Chinese rail terminals
PSA International has invested in a Sino-Foreign joint venture with a mandate from the Chinese government to develop and operate 18 rail container terminals....
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APM Terminals takes new partners for Vado
COSCO Shipping Ports and Qingdao Port International Development have partnered with APM Terminals to operate new and existing container terminals in Vado, Italy....
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CLdN extends multimodal capabilities
To dovetail with its new and larger vessels acquisition progamme, coupled with the enhancement and expansion of terminal facilities, CLdN Ro-Ro will offer new intermodal services, starting with a Zeebrugge-Lyon connection...
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DFDS scales up
Denmark-based shipping and logistics group DFDS has placed an order for two ro-ro vessels with the Chinese shipyard Jinling, with an option for four more...
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People on the move
Latest appointments known to WorldCargo News in the shipping, ports and allied sectors...
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