Friday, January 20, 2017

Market Briefing from WorldCargo News Online

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Market Briefing

TTI sale approved
A US bankruptcy court has opted to let the sale of Hanjin Shipping's interest in Total Terminals International (TTI) proceed, rather than risk pushing TTI into liquidation....
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China-UK by train
On Wednesday, 18th January, London will become the 15th European city to be linked by trans-Asia rail intermodal landbridge services with China...
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Brexit and British ports
The British Ports Association has issued an ambivalent statement on Prime Minister Theresa May's Brexit speech...
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SAAM raises US$111M in new bonds
SM SAAM has successfully completed its first placement of bonds in the local Chilean market for a total of 2.8M UFs (US$111M)...
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Seaway holds steady
2016 was a volatile year for the St Lawrence Seaway, but it finished the year down just 3.1% on 2015....
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TOC heads to Durban
TOC Events Worldwide will stage its first event in Africa when the TOC conference heads to Durban this December....
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Antwerp breaks 10M TEU barrier
The Port of Antwerp logged 10,037,318 TEU (+ 4%)in 2016, breaking through the 10M TEU barrier for the first time...
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MacGregor-Dohle onboard care deal
MacGregor, part of Cargotec, has signed a three-year MacGregor Onboard Care (MOC) service agreement with German shipping company Peter Dohle Schiffahrts Group...
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Tanger Med sees tonnage rise, containers steady
The port of Tanger Med, located on Morocco's Mediterranean coastline, handled 44.6Mt of cargo in 2016, up 8.8% on 2015's level, while box traffic was virtually unchanged....
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KAP hits another record
Saudi Arabia's King Abdullah Port (KAP) handled a record 1.4M TEU in 2016, an 8% rise on the previous year's performance....
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DP World in Aktau deal
DP World has signed a Memorandum of Understanding with the Government of Kazakhstan for the development of a special economic zone in Aktau...
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ICTSI Manila crosses 2M TEU/year threshold
ICTSI's flagship Manila International Container Terminal capped 2016 reached its first year-to-date two millionth TEU move last December...
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Europe office for Guangzhou Port Group
The Chinese river and sea ports group has set up Guangzhou Port (Europe) BV, based in the Netherlands...
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UPS Capital expands insurance coverage
The UPS affiliate now covers jewelry, healthcare products and other goods moving in global supply chains...
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Mantsinen 200M Hybrilift on the way to Garston
The world's biggest ropeless hydraulic mobile materials handler, the Mantsinen 200M Hybrilift, purpose-built for port operations, will soon be turning heads at ABP Garston...
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Dutch heavy lifters rolling along
Rolldock and Roll-Lift joined forces to execute a project for NEM Energy BV...
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Container traffic record for Dunkirk
Lo-lo container traffic at Dunkirk increased by 7% in unit and by 4% in tonnage terms in 2016 respectively to 341,041 TEU and 3.15 Mt, establishing new records...
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