Friday, April 28, 2017

Market Briefing from WorldCargo News Online

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Market Briefing

False dawn for box shipping
In his keynote address at the TOC Asia Container Supply Chain Asia in Singapore this week, Tan Hua-Joo, executive consultant at Alphaliner, said that despite Hanjin's bankruptcy and the high level of scraping last year, he does not see container shipping achieving a supply/demand balance before 2019....
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People on the move
Latest round-up of appointments known to WorldCargo News is the shipping, ports and allied sectors...
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WACO network grows
The WACO System, a global freight network for independent forwarders, has accepted three new members...
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Calais back to growth
Cross-channel freight is up again at Boluogne Calais Port and in March an all-time monthly record of 181,005 units was logged...
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Taylor-made FIT for purpose
SAAM's Florida International Terminal in Port Everglades has acquired two new Taylor reach stackers...
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Wilhelmhaven readies for Ocean Alliance
Ocean Alliance is getting ready for its first scheduled call at EUROGATE Container Terminal Wilhelmshaven...
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RailRunner Europe to launch service
RailRunner Europe has launched its first block train connection between the port of Braunschweig and port of Bratislava on a daily basis. However, this is a regular intermodal service, not a bimodal service...
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Wagenborg fleet expansion
Another "Easy Max" vessel is joining Royal Dutch Wagenborg's multi-purpose vessel fleet...
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Mixed bag for Mulhouse-Rhin
The French Rhine port complex of Mulhouse-Rhin handled 5 Mt in 2016, marginally down on 2015's performance...
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Amsterdam traffic 1% up in 2016
The greater Amsterdam port area logged a 1% increase in throughput last year, to 97 Mt...
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Navios to buy Rickmers' ships
Navios Maritime Partners LP is set to the entire container fleet of Rickmers Maritime Trust for around US$113M...
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110th Liebherr crane for Damen
Liebherr's ship crane department in Rostock has announced that Damen Shipyards Group in the Netherlands has ordered its 110th Liebherr crane, in a business relationship going back 22 years...
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ICTSI barges in
The project for the Philippines' first ro-ro barge terminal has been inaugurated in Tanza, Cavite...
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United Wagon sets up freight company
Russia's United Wagon Company has established Unicon 1520, a new railfreight company to provide tank container and general container shipments...
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US trucking - enter Knight-Swift
Knight Transportation, Inc and Swift Transportation Co are merging in an all-stock deal with a combined enterprise value of US$6B...
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Boasso cleans up in Europe
Boasso Global, part of of Quality Distribution, Inc has acquired Den Hartogh's European depot and tank cleaning services business...
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