Friday, November 4, 2016

Market Briefing from WorldCargo News Online

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Market Briefing

Maersk books $116M loss
Maersk Line continued to move containers at a loss in Q3 2016....
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Terex books large Indian order
Terex Port Solutions has reported an order for 22 yard/intermodal cranes from Bharat Mumbai Container Terminals, with an option for a further 18...
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Kalundborg to increase its footprint
The Danish port of Kalundborg, which is located in western Sjaelland, is to spend €26M on expanding its berthing and storage capacity....
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Two for Chidambaranar
India's Chidambaranar Port is to use Public-Private Partnerships to develop two new berths....
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Viasea enters shortsea market
A newly established Norwegian company Viasea Shipping AS is to start a container serivce between Rotterdam and the Oslofjord...
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DCT Gdansk T2 opened
The grand opening of the second deepwater berth (T2) in DCT Gdansk took place on 24th October...
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MacAndrews revamps services
UK/Ireland-continent shortsea specialist MacAndrews, part of CMA CGM, has introduced a new service schedule, including a brand new call in Algeciras...
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Japanese carriers to merge container business
K Line, MOL and NYK Line have agreed to establish a new joint venture company that will integrate their container shipping and global (excluding Japan)container terminal operations...
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EKOL, VIIA all Sete
The long-awaited VIIA (ex-Lorry-Rail) intermodal rail service for Turkey's Ekol Logistics service between Sete and Paris (Noisy-le-Sec) is finally under way...
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Setubal hits all-time box record
In the first nine months of this year, Portugal's third biggest container port handled 121,744 TEU...
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Competitive switching called for
Leading US shipper associations have voiced their support for a proposal to increase access to competitive freight rail service...
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Container freight rates - "positive trends"
Oslo-based shipping analyst and forecaster Xeneta says that in-depth analysis of Q3 container shipping costs reveals positive trends for the beleaguered container carrier segment...
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Duisport and Innogy partnership
Innogy SE and the Duisport Group have signed an agreement to develop a "hub for the energy market transformation" in the port of Duisburg...
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Looking after rice shipments
The UK P&I Club comments on the risks associated with rice transportation and advises on the precautions that can be taken to minimise losses...
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High speed dual fuel vessel
Fred Olsen has converted its 720dwt ro-pax catamaran hull ferry BENCOMO EXPRESS that operates in the Canary Isles so it can run on LNG as well as diesel...
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