Friday, May 12, 2017

Market Briefing from WorldCargo News Online

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Market Briefing

ZIM books another loss
ZIM's average freight rate per TEU in Q1 2017 rose just 1%, and the carrier is still operating in the red....
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Norway scales down autonomous ships
The first autonomous container vessel might not be a giant container vessel sailing on the open ocean, but a 120 TEU feeder vessel carrying fertilizer products less than 20 nautical miles....
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Networked trucks from DB Schenker and MAN
The logistics giant and truck maker are intensifing their partnership for autonomous driving...
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Montecon LHM 800s commissioned
Owners of the Liebherr Group visited Montevideo for the inauguration of the two largest container-handling mobile harbour cranes in the world - four years from concept in Rostock to commissioning...
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ICTSI logs 12% revenue increase in Q1 2017
Revenue was up 12% to US$297.2M with EBITDA up 21% to US$147M. Throughout grew 11% to 2.3M TEU...
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Orbcomm VesselConnect for Tote
TOTE Maritime Puerto Rico has selected ORBCOMM to provide its GSM-based VesselConnect solution to remotely manage reefer containers at sea....
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COSCO DEVELOPMENT calls Virginia
The 13,092 TEU COSCO DEVELOPMENT makes its maiden call at the Port of Virginia....
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Maersk expands Indian options
In response to growing trade to/from the country and in the interest of improving service reliability and improving transit times, particularly for cargo originating from/destined for inland locations, Maersk is to schedule regular calls at Pipavav in north western India....
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BPA defends Le Touquet treaty
The British Ports Association has come out in defence of UK border controls in Calais...
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Crane down in Dubai
An accident at Jebel Ali leaves one crane toppled, another damaged, and 10 people injured....
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New owner for CS Leasing
CARU Containers has sold its stake in CS Leasing to Mass Capital....
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Buiscar for Antwerp Gateway
DP World Antwerp Gateway has ordered 16 2TEU terminal trailers from Dutch manufacturer Buiscar for operation as MTS drawbars...
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BASF revolutionises internal plant logistics
A new integrated storage and logistics concept will help BASF significantly reduce logistics costs at its Ludwigshafen site, where transport volumes amount to 20 Mtpa...
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Montreal holds steady
Montreal's container traffic growth was flat last year....
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Samskip unveils carbon calculator
Samskip has introduced an online CO2 footprint calculator designed to visualise the benefits when using multimodal transport versus road transport...
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Portrix tackles demurrage
Portrix Logistic Software is developing a software aimed at tackling demurrage and detention charges...
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TRAC Intermodal refurbishes NE fleet
Over 30% of the chassis in TRAC Intermodal's Metro Pool have now been refurbished....
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Den Hartogh to buy Bulkcon
Den Hartogh Holding BV and Bulkcon Transport AB have announced a sale and purchase agreement...
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SAAM reports sharp income fall
SAAM has reported net income of US$ 8.1M for Q1 2017, a decrease of US$14.7M (64%) year-on-year...
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Off-dock EC at London Gateway
A new off-dock empty container storage yard is to be opened at DP World London Gateway, run by Solent Stevedores...
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Sappi Southern Africa links with K&N
Kuehne + Nagel is now managing around 80,000 TEU/year of seafreight pulp exports for Sappi Southern Africa...
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