An Australian court has ordered union members to end their strike at Melbourne’s Victoria International Container Terminal (VICT). The dispute started when one member of the Maritime Union of Australia (MUA) was not given a security pass to continue working at the site. The MUA are also angry that they were not consulted on pay […]
The CEO of the Alabama State Port Authority (ASPA) has criticised the US government’s proposed tax reforms. The ‘Tax Cut and Jobs Act’ would repeal the tax exemption for advanced refunding bonds and perhaps also, depending which version of the act is passed, private activity bonds. Private activity bonds are a type of municipal bond […]
A government-appointed committee is looking into the feasibility of moving Hong Kong’s Kwai Tsing container terminal or of building homes on an elevated platform above it. The Task Force on Land Supply will ask Hong Kong residents for views on these two ideas, along with 13 other land supply solutions, in a public consultation in March […]
A 1,065 ft long container ship called the Helsinki Bridge broke free from its moorings at the Paul W. Conley Container Terminal on Wednesday morning. The US Coast Guard and local fire and police services were called to the incident, which took place at around 45 minutes past midnight. According to the Coast Guard, ten terminal […]
The American Association of Port Authorities (AAPA) has criticised aspects of new legislation being proposed by the US authorities. In a statement, the AAPA said that infrastructure funding would be made more difficult by provisions in two separate ‘Tax Cuts and Jobs Act’ bills which have been approved by the House of Representatives and the Senate. Both […]
Haltern Container Terminal has purchased three Konecranes rubber-tyred gantry cranes. The terminal is situated in Halifax on Canada’s East Coast, making it the closest North American terminal to Europe. Scheduled for delivery in 2018, the new Konecranes RTGs will stack one-over-five containers high, and six rows plus truck lane wide. They will be equipped with Konecranes’ […]
Philadelphia’s port operator has concluded the purchase agreement for two super post-Panamax container gantry cranes. The two cranes will be delivered by Zhenhua Heavy Industries Company Limited (ZPMC) and will cost US$23.5m for both of them. The cranes will be put to work at Packer Avenue Marine Terminal (PAMT), along with two other new gantry cranes […]
CMA CGM has completed its sale of a 90% stake in Global Gateway South Terminal in Los Angeles. The stake has been sold for about US$820m to EQT Infrastructure III and its partner P5 Infrastructure. The terminal was valued at US$875m. CMA CGM will remain a minority shareholder with 10% of the GGS terminal and will […]
Kalmar has introduced its ‘Essential’ range of port machinery at a conference in Hong Kong. The ‘Essential’ range is aimed at the Asia-Pacific market and comprises reachstackers, empty container handlers and forlkifts. The range is based on Kalmar’s G-generation platform. As well as the ‘Essential’ range, the company has introduced a new TL2 terminal tractor […]
Two CMA CGM subsidiaries, Macandrews and OPDR, will merge on January 1, 2018. The two companies specialise in intra-European transport and will have their headquarters in Hamburg. The merged company will have a presence in 16 countries. It will also have 36 agencies, 595 employees (310 from OPDR and 285 from Macandrews) and 18 services. Macandrews claims […]
The COSCO-PSA terminal (CPT) in Singapore has gained a third berth. The launch of the third berth follows Cosco and PSA’s supplemental agreement signed in March 2016. This agreement replaced the original two berths in CPT located at Pasir Panjang Terminal 1 with three new and larger berths at Pasir Panjang Terminal 5. The first two […]
Hapag-Lloyd has declared that its integration of the United Arab Shipping Company is now completed. The two companies merged on May 24, 2017 so it has taken six months to bring together the operating businesses, the IT systems, the different fleets, and the corresponding departments and country organisations. Hapag-Lloyd CEO said: “Thanks to the very good cooperation […]
Maersk Line has obtained the final regulatory approval required to close its €3.7bn (US$4.4bn) acquisition of Hamburg Süd, with the aim of realising operational synergies of US$350-400m from 2019. The Korea Fair Trade Commission’s approval was the final step cleared in a regulatory approval process involving 23 jurisdictions. Søren Skou, CEO of A.P. Moller – […]
APM Terminals (APMT) has signed an agreement to maximise road safety around its new port in the Ghanian city of Tema. The company has signed a Memorandum of Understanding (MoU) with the Ghanian government and road safety charity Amend. The deal commits APMT to ensure port access roads and highways, which will handle the inland […]
Hamburg Hafen Und Logistik (HHLA) has launched a policy which means trucks can only enter its terminals if they have booked a slot for their visit. The slot-booking process is part of the “Fuhre 4.0” initiative – a move by HHLA to develop digital solutions for intelligent container transport. In recent years, the capacity of […]
Reefer company Thermo King has launched new software for its Magnum Plus reefers with the MP-4000 controller. The new energy-logging software will be standard on all new units beginning in 2018 and is available for all existing Magnum Plus reefers through a software update. “From the beginning, our technology was built to deliver the highest […]
Reefer manufacturer Carrier Transicold has announced that its NaturaLINE reefers can now reach new levels of coldness. The reefers can now achieve and maintain a temperature of -40 degrees Celsius, which is also -40 degrees Fahrenheit. The company’s senior product manager for global container refrigeration, Jim Taeckens, said: “The minus 40 C capability can help shipping […]
The founder of CMA CGM has announced that his son will take over his position as chairman of the board. Rodolphe Saadé has been Chief Executive Officer (CEO) of the Marseilles-based company since February 2017 but will now be both CEO and chair. His 80-year old father Jacques Saadé said: “To prepare the future, last February […]
Konecranes has announced that it will be an “official partner” of Finnish Formula One driver Valtteri Bottas in the 2018 season. The company will put its logo on Bottas’s race overalls, website and social media as well as using advertising, videos and events to advertise the partnership. Konecranes CEO Panu Routila said: “We are very […]
Singapore-based terminal operator PSA has teamed up with the National University of Singapore (NUS) in order to develop automation technology for its new port of Tuas. A memorandum of understanding has been signed which pledges joint development of curricula and programmes for NUS’ computing and engineering faculties. These will be geared towards students working on […]
Yusen Logistics (Europe) BV today announced that it has reached agreement to acquire Tibbett Logistics, a wh... The post Yusen Logistics extends business in Central Eastern Europe with acquisition of Tibbett Logistics appeared first on Container News.
CMA CGM wishes to inform its customers of the following General Rate Restoration: Effective January 1s... The post CMA CGM, GRR – From Asia to Mozambique and Madagascar appeared first on Container News.
Crowley Caribbean Services announces a General Rate Increase effective January 7, 2018 on all cargo between ... The post Crowley: General Rate Increase (GRI) Announcement – Between U.S. and the Caribbean appeared first on Container News.
Vincent Clerc, chief commercial officer at Maersk Line, discusses the container shipping industry in 2018, h... The post Maersk Line’s CCO on Strategy, M&A, Shipping Outlook (Bloomberg) appeared first on Container News.
Shanghai / CN, December 7, 2017 – At the recent 2017 Huawei Core Partner Convention, Huawei Technologies C... The post Kuehne + Nagel wins three Huawei awards – Strategic cooperation agreement concluded appeared first on Container News.
Since June to November 2017 FESCO fleet delivered 21 000 tons of vital goods to the Northern Territorie... The post FESCO transported 21 000 tons of cargo to northern Russia appeared first on Container News.
OOCL is pleased to introduce the Japan Vietnam Service (KTX7) to expand our current service portfolio by pro... The post OOCL introduces the Japan Vietnam Service (KTX7) to enhance our Intra-Asia network appeared first on Container News.
In order to maintain a high standard of service to our clients Hamburg Süd will implement a General Rate In... The post Hamburg Süd General Rate Increase Asia to North America appeared first on Container News.
Annual contract negotiations for container shipping freight rates between Asia and North Europe are “progressing well”, according to one carrier source. Some early deals have been done showing a 10% mark-up on current rates. Meanwhile, spot rates remained stable this week, with the Asia-North Europe component of the Shanghai Containerized Freight Index (SCFI) ticking up […]
Bimco secretary general and chief executive Angus Frew has extended his contract for five years, leaving him in the top job at least until 2022. Mr Frew has held the role since 2013, and the next 12 months will see him immersed in developing environmental legislation. He has worked in shipping since 2002 when he joined Sea Containers […]
Yesterday saw a single bitcoin sell for as much as $20,000. The cryptocurrency is certainly at a watershed moment – and some suggest a bubble is ready to burst. But just as its price increases, so too does consideration of its relevance for the logistics sector. Logistics Trends and Insights shares the views of managing […]
The EC competition directorate has formally approved the takeover of OOCL by China’s Cosco, despite investigators finding it would hold a “very significant” market share of transatlantic trade. The decision follows that of US regulators in October, who approved the acquisition under the Hart-Scott-Rodino Antitrust Improvements Act, and also appeared unconcerned by Cosco’s state-owned status. Despite a […]
Shippers with sustainability and environmental targets will soon be able to calculate transport emissions from an increasing number of freight quotation and booking platforms. Freightos announced today that every shipping service it offers will now have a CO2 footprint estimation. It is also offering a “suite of free CO2 calculation tools, enabling customers or third-parties to optimise […]
The number of containerships in hot or cold lay-up has fallen to 114, from 136 in the past two weeks. According to Alphaliner, which warned that newbuild deliveries and M&A activity could reverse the downward trend. The analyst said the amount of idle cellular tonnage had declined from 520,365 teu to 464,802 teu, or 2.2% of the total global […]
Bloomberg has interviewed Vincent Clerc, chief commercial officer of Maersk, and it’s worth the 10-minute running time. For one, Mr Clerc is interesting to listen to – and doesn’t resort to bland ‘corporate speak’. He talks about how the industry fundamentals, based on increased trade and the recent consolidations, have improved, with confidence at a 10-year […]
A Seoul court this morning sentenced former DSME chief executive Nam Sang-tae to six years in jail after he was found guilty earlier this year of string of offences, including embezzlement and taking bribes. Daewoo is one of the largest shipbuilders in the world and constructed Maersk Line’s first Triple-E series, but suffered hugely following the […]
Following the completion of Maersk Line’s $4.4bn acquisition of Hamburg Süd on 30 November, the Latin American specialist could see its fleet reduced significantly due to regulatory restrictions on the deal. Alphaliner said “at least” 25 vessels currently deployed by Hamburg Süd, with a capacity of some 200,000 teu, “will be affected by the impending service […]
Last month a much-reported blog – included in The Loadstar – claimed “sinking ships [via hacking], really wouldn’t take much”. Not only was that overly dramatic and not helpful for safety of life at sea, but it was irresponsible as well as being fundamentally flawed: the input assumptions were totally incorrect. The blog jumped around without […]
Modern trucking companies are swimming in data collected by their onboard technology and back-office software, but fleet managers are using a variety of strategies to utilize that information for driver coaching and other business improvements.
A wholly owned subsidiary of Caterpillar Inc. will pay tens of millions of dollars for intentionally cheating its customers with unnecessary repairs and dumping rail car parts into the ocean to cover up its actions.
WASHINGTON — Advances in automation, safety features and telecommunication are improving jobs for truck drivers, attracting a new generation of workers adept in user-friendly technologies, trucking executives told House lawmakers Dec. 7.
Despite pressure from biodiesel producers to require greater minimum production levels of biomass-based diesel, the U.S. Environmental Protection Agency has stuck to its proposed plan to maintain the 2018 level of 2.1 billion gallons for 2019.
German automotive and commercial vehicle supplier ZF Friedrichshafen AG announced Dec. 7 ZF CEO Stefan Sommer will step down immediately. Until a successor is appointed, deputy CEO Konstantin Sauer will assume the role of CEO on an interim basis.
Driver turnover at large truckload fleets rose 5% in the third quarter to a 95% annualized rate, according to American Trucking Associations, a mixed blessing for the industry as it registers strong freight volumes and an increasing shortage of drivers.
President Donald Trump will confront the conflict between farm-state and oil-state Republicans over renewable fuel standards as he meets Dec. 7 with Texas Senator Ted Cruz, a leading critic of requirements for ethanol use, and other Republican lawmakers.
Golden, Colo., residents could see the unwrapping of a new package delivery system right in the middle of this year’s holiday gift-giving frenzy, with UPS Inc. drivers swapping out their trademark brown trucks for golf carts with trailers.