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Monthly Archives: July 2016

HMM to join 2M alliance

South Korean Hyundai Merchant Marine (HMM) has signed a memorandum of understanding (MoU) with Maersk and the Mediterranean Shipping Company (MSC) to join the carriers’ 2M alliance in April 2017. This followed agreements between HMM and bond-holders to adjust debt and shipowners to adjust charter-hire. The carrier said in a statement that with this “announcement, HMM has successfully completed all ... Read More »

Konecranes delivers four reachstackers to Thailand

Finnish manufacturer Konecranes has delivered four new reachstackers to Thai logistics provider Sri Trang Logistic’s new railway container terminal in Thung Song, Thailand. The new units of equipment will be used at the logistics company’s new terminal as well as at its existing facilities at the Port of Kantang, Thailand. The new SMV 4531 TC5 reach stackers, which were presented ... Read More »

DP World Cochin grows 29%

DP World Cochin handled 200,000 teu in six months

In the first six months of 2016, DP World’s terminal in Cochin, India, has increased its throughput by 29% to 200,000 teu. Over 350 vessels called at International Container Transhipment Terminal between January and June 2016. In a statement, DP World said that services connecting the Far East, Middle East and Europe have been doing particularly well. The terminal is ... Read More »

Rhenus and Sankyo create joint logistics venture

The Rhenus Group and Sankyo Corporation have registered a joint venture called Rhenus Sankyo Logistics, focusing on tapping into the Japanese logistics market. The joint venture will mainly handle imports and exports to and from Japan, but also provide domestic services including distribution and warehousing in the country. Tobias Bartz, a member of the Rhenus board, said: “Japan is the ... Read More »

China Merchants to bid for Melbourne’s lease

The Port of Melbourne was put up for sale by the Victorian government

China Merchants will participate to the final stage of the bidding process for the Port of Melbourne’s 50-year lease, Australian media reported. The second-round bids are due in September this year, with the port set to be sold for at least AUS$6bn despite having a book value of AUS$4.5bn, The Australian claimed. Other bidders include a consortium comprising investment firms ... Read More »

Kalmar delivers reachstacker to Texas intermodal facility

The Kalmar Super Gloria reachstacker

Kalmar, part of Cargotec, has delivered a super Gloria reachstacker for barge handling to the JR Intermodal Green Transport Terminal in Texas. This reachstacker is the first super Gloria model that has been delivered to the Western Hemisphere. The unit can reach the fourth row in a barge, which is further than Kalmar’s standard reachstacker, and it lifts 45 tonnes. ... Read More »

ITF files complaint against Argentina’s government

The  International Transport Workers’ Federation (ITF) has complained to the International Labour Organisation (ILO) over Argentina’s government interference in the affairs of the country’s top maritime union. The complaints followed the removal of the Sindicato de Obreros Maritimos Unidos (SOMU)’s elected unions leaders and confiscation of equipment during an armed police’s raid of SOMU’s offices in February. A Federal Judge of ... Read More »

FNV warns of risks of lengthy labour negotiations for Rotterdam

FNV union’s port section secretary has warned that Rotterdam’s competitive position may have been weakened because of lengthy negotiations with operators. Niek Stam’s statement followed the conclusion of an 18-month consultation process between the port authority, container operators and trade unions FNV and CNV Vakmensen over job guarantees once two new Maasvlakte terminals become fully operational. Stam, who celebrated reaching ... Read More »

Charges against Konecranes’ vice-chairman dismissed

Gustavson became vice-chairman of Konecranes in March after being chairman for 11 years

Criminal charges for aggravated subsidy fraud pressed against Konecranes’ current vice chairman in regard to a previous position have been dismissed. The charges relate to Stig Gustavson’s time as chairman of the board of Industry Park East Management Oy between 2011-2012. The aggravated subsidy fraud charges, as well as all other claims against Gustavson made in connection with the hearing ... Read More »