Friday, May 26, 2017

Market Briefing from WorldCargo News Online

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Market Briefing

Orbcomm announces partner for vessel-based GSM
Tie up with Vobal lowers the cost of a vessel-based GSM network for connecting smart containers and other IoT devices....
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Bay West named for next Victoria terminal
Infrastructure Victoria has identified Bay West as the best location for a new container port to service Melbourne and the state of Victoria, but it will not be needed until around 2055....
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Hamburg up by 1.7% in Q1 2017
Overall throughput increased to 35.4 Mt, "slightly above the average 1.6% for the other major North Range ports of Rotterdam, Antwerp and Bremen/Bremerhaven"...
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Trump budget cuts port funding
Direct funding for port-related projects and emissions reduction has fallen, but the AAPA is optimistic ports will benefit from a wider plan to invest US$1 trillion in infrastructure development....
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Iquique plans for resilence
The cost of post-earthquake remediation and future earthquake-proof infrastructure at the Chilean port has been estimated at US$44M...
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Belgian logistics merger
ECS European Containers and 2XL have reached an agreement to join forces and form one European logistics group...
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Riga-China container train
Russian Railways' affiliates TransContainer and Gefco have launched an intermodal sea-rail service connecting Europe North Continent with China, via Riga...
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Rotterdam in expansive mode
The maiden call of MOL TRIUMPH comes as container traffic is showing signs of stronger growth...
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Kalmar RTGs for EIS&TC Taiwan
The five newly-delivered RTGs are the first RTGs ordered from Kalmar, part of Cargotec, by Evergreen International Storage & Transport Corporation...
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GAC Samudera Cikarang plan
Work is under way to convert part of GAC Samudera Logistics' Cikarang DC into a multi-user temperature-controlled pharmaceutical and food grade facility...
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Strike call in Spain
Spain has backed down under EU pressure and adopted a Royal Decree to reform its SAGEP stevedoring structure following a vote in Parliament, leading to a strike call by port unions...
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