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Monthly Archives: September 2014

Analysts warn of potential rate war between new alliances

In the wake of the 2M partners announcing plans for the 22 strings they plan to operate on east-west routes this winter, industry analysts have warned that the schedules from Maersk Line and Mediterranean Shipping Company (MSC), could lead to a fall in freight rates as competing alliances battle it out in key trades. Alphaliner said that the first of ... Read More »

Despite lifting of truck ban, Manila’s congestion will take six months to clear

Congestion at the Port of Manila will take six months to clear, according to the operations chief of the port’s main operator, International Container Services Inc, (ICTSI) Christian Gonzalez. The congestion was caused by a day-time ‘truck ban’ instituted by local government in February, which aimed to clear congestion on Manila’s roads and reduce air pollution. As the port handles ... Read More »

Mumbai crane installation set to halt operations

Jawaharlal Nehru Port will install three new rail-mounted quay cranes

Shipping lines at Jawaharlal Nehru Port (JNP) in Mumbai will be forced to make alternative arrangements as the port trust partially shuts down its container berths for two months from mid-October to install new quay cranes. India’s largest container port, also known as Nhava Sheva, has suffered from intermodal rail delays in recent months;  it is now advising carriers to ... Read More »

Rotterdam cleared over Maasvlakte ECT lawsuit

Maasvlakte I, which ECT alleges, will be "cannibalised"

The district court of Rotterdam has cleared the Port of Rotterdam of abusing power when allocating sites for the second Maasvlakte, after a lawsuit was filed by Europe Container Terminals (ECT). ECT, owned by Hutchison, was claiming €1bn (US$1.27bn) in estimated losses over the award of concession agreements to Rotterdam World Gateway and APM Terminals for new box facilities on ... Read More »

CLdN to switch operations from Gothenburg Ro/Ro to Logent

Ro-ro shipping company CLdN has signed an agreement saying that it will move all its operations from Gothenburg ro/ro (formerly Älvsborg ro/ro) to Logent Ports and Terminals on 15 November. Both are ro-ro terminals  at the Port of Gothenburg on the West Coast of Sweden. Gothenburg is Scandinavia’s biggest container port and Sweden’s second biggest ro-ro port, handling over 500,000 ... Read More »

NYNJ approves intermodal investment

The Port Authority of New York and New Jersey has approved a US$356m investment programme to improve the rail connectivity of the port’s container terminals. Global Terminal in New Jersey which will operate and maintain the facility and contribute around US$15m for rail-mounted gantry cranes, will be able to send and receive containers by rail as next-door Greenville Yard will ... Read More »

UASC and Hamburg Süd sign slot exchange agreement

UASC and Hamburg Süd have signed a global cooperation agreement

Two of the world’s leading container shipping lines, United Arab Shipping Company (UASC) and Hamburg Süd, have signed a global cooperation agreement, which will commence this December. To begin with, the carriers will coordinate slot exchanges in their respective core trades – Hamburg Süd will enter the Asia-North Europe and Asia-US trades in December 2014 and January 2015 respectively. Meanwhile ... Read More »

Maersk to defend its 1st position

According to reports from Reuters, Maersk Line has told analysts at its Copenhagen headquarters today (Wednesday 24th) that it intends to spend around US$3bn a year between next year (2015) and 2019 on new vessels to reinforce its position as the world’s largest container shipping company. The company said that its current orderbook “is not sufficient to grow with the ... Read More »

Esbjerg launches tender for the operation of new combi terminal

Port of Esbjerg's combi terminal

Denmark’s Port of Esbjerg is looking for a private operator to run and develop its new combi terminal, and is inviting interested parties to submit an Expression of Interest. Construction began earlier this year in the Sydhavn section of the port. The combi terminal consists of two tracks and covers a total area of 48.000 sq. m. The terminal connects ... Read More »