Friday, February 17, 2017

Market Briefing from WorldCargo News Online

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Market Briefing

Intermodal Asia goes to the summit
Intermodal Asia is launching a new "Industry Leaders Strategy Summit" at its conference in Shanghai next month....
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MSC moves on Messina?
MSC is poised to take a 49% stake in Messina Group...
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Ruscon extends logistics footprint
Intermodal operator and logistics company Ruscon, part of Delo Group, has expanded its range of operations through the acquisition of SLG-Operating (Smart Logistics Group-Operating)...
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Europe next for 1-Stop
Vehicle booking software specialist 1-Stop Connections has announced a strategic alliance with UK-based port consultancy Bestshore Business Solutions....
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PEMA concludes AGM
The Port Equipment Manufactures Association (PEMA) concluded its AGM in London last week with a call for cross-industry discussion on vessel sizes and "expectations for delivery times"....
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CMA CGM to co-operate with Hamburg Sud and Seago in NE/EM link
CMA CGM is expanding its operations in the northern Europe/eastern Mediterranean trade by agreeing a joint service arrangement with Seago Line, an operating arm of Maersk Line, and Hamburg Sud....
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Novatech, Briggs deal for UK
Denmark-based Novatech has announced that it has entered into a strategic agreement with Briggs Equipment Ltd that makes Briggs its local partner for distribution and sales of its products in UK...
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Tesla's for terminals?
DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem and Tesla and SpaceX CEO Elon Musk have met in Dubai to discuss Tesla's technology in port applications....
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Wider vision for Medlink
Marseille-Fos CEO Christine Cabau Woehrel has called for a united approach to marketing hinterland rail and waterways connections after being named as 2017 Chairman of Medlink Ports...
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DP World signs up for Banana
The Democratic Republic of Congo and DP World have signed an MOU to develop a new port at Banana....
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HPH Trust down 6%
Container Volume fell last year at terminals in both Hong Kong and Shenzhen...
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Virginia expansion gets underway
The Virginia Port Authority (VPA) has started work on the US$320M expansion of Virginia International Gateway Terminal, and has ordered another four RMGs from Konecranes....
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Yusen Logistics acquires Transfreight
The acquisition of Transfreight Automotive Logistics Europe is aimed at further strengthening Yusen Logistics' pan-European automotive sector services...
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2M announces transpacific and Asia/Europe/Asia capacity upgrades
The 2M alliance of Maersk Line and MSC is to start new services and boost slot capacity on its main liner trades out of Asia to North America and Europe....
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Elbe legal blow to Port of Hamburg
Germany's highest federal civil court in Leipzig has ruled that fairway deepening and widening can go ahead only under certain conditions. This could delay the project for another two years or more...
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TX Logistik Leipzig-Verona
TX Logistik has started a new connection between Leipzig and Verona...
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Rotterdam off 1.1% in 2016
The fall in tonnage of 1.1% to 461.2 Mt comes after a record year in 2015...
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Transnet and GE joint venture
South African rail utility Transnet and US engineering giant GE have agreed to jointly develop a digital system covering all cargo on the continent...
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Setubal logs container record
The Port of Setubal handled 156,000 TEU in lo-lo in 2016, almost 30% up on 2015 and an all-time record...
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People on the move
Latest round-up of appointments and departures known to WorldCargo News in the shipping, ports and allied sectors...
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Rift Valley Railways for sale
Qalaa Holdings has announced that it will sell its majority stake in Rift Valley Railways, the narrow gauge railway that runs from the Port of Mombasa westwards to Nairobi and Kampala. Meanwhile, progress is being made with the standard gauge "MoKaKi" line...
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Greenbridge extends Turkey links
GreenBridge Multimodal has added a fourth train pair connecting Turkey and Europe, over Trieste...
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