Sunday , 17 December 2017
Latest News

Monthly Archives: July 2016

European Commission closes competition case into 14 carriers

The European Commission opened the investigation in November 2013

The European Commission (EC) has rendered legally binding commitments by 14 of the biggest shipping lines to reform the way they announce price changes following closure of a competition case into them. The adopted decision is the result of formal antitrust proceedings opened by the EC in 2013 to investigate the practice of publishing General Rate Increase (GRI) announcements. GRI announcements are defined as ... Read More »

Talks over Rotterdam workers’ job guarantee concluded

APMT's Maasvlakte II terminal opened on April 24, 2015

Rotterdam container companies have offered a job guarantee until July 1, 2020 to employees having employment contract for an indefinite period by January 1, 2015 and covered by a Collective Labour Agreement (CLA). The decision followed the conclusion of consultations between the port authority, container operators and the trade unions FNV and CNV Vakmensen over job guarantees once two new ... Read More »

European Parliament approves emission reduction for off-road machinery

The European Parliament has approved a regulation to curb emissions for off-road machinery by 623 votes to 57, with 27 abstentions. MEPs backed plans to update EU type approval rules and emissions limits for internal combustion engines in non-road mobile machinery (NRMM), which include inland waterway vessels. The legislation, which defines engine categories divided into sub-categories according to their power ... Read More »

Itajai turning basin widening works finally begin

Bigger ships will soon be able to call at Itajai

Long-delayed work on widening the River Itajai’s turning basin has finally begun, a spokesperson for Portonave told CM. The turning basin at the Port of Itajai will be widened so that vessels longer than 305 m can call at the port’s two terminals: Portonave-operated Navegantes and APMT Itajai. Vessels of up to 336 m currently sail along the Brazilian coast ... Read More »

Drewry says substantial industry losses unavoidable in 2016

The forecast modest rise of container freight rates over the next 18 months will not be enough to save the industry from making substantial losses in 2016, shipping consultancy Drewry has claimed. In the latest of its Container Forecaster reports, Drewry pointed out that there are distinct parallels between the current situation, characterised by spot freight rate volatility reaching unprecedented ... Read More »

Bromma first to certify twistlock-based weighing system

Bromma's load-sensing system

Swedish spreader manufacturer Bromma has claimed to be the first company to get a twistlock based weighing system certified to OIML international standards. The company’s system was issued a certificate of conformity with the International Organisation of Legal Metrology (OIML) standards on July 1. The OIML is an intergovernmental treaty organisation which provides model regulations for measuring instructions which its ... Read More »

Container leasing companies celebrate harmonisation of standards

Container leasing companies have praised reforms to the inspection process for containers being handed over from operators to leasing companies and vice-versa. Until now, there have been two different interchange inspection standards: the “IICL-5” criteria and the “Common Interchange” criteria (CIC). The former has been managed by the Institute of International Container Lessors (IICL) and the latter was launched as ... Read More »

Divestment of Kingston’s biggest terminal concluded

The divestment of Kingston Container Terminal (KCT) in Jamaica has been completed as a Terminal Link/CMA CGM consortium assumed operations of the facilities from July 1, local media reported. The news followed the financial closure of a concession agreement for KCT between the Port Authority of Jamaica (PAJ) and Kingston Freeport Terminal Ltd (KFTL), a local company established by the ... Read More »

APMT to buy remaining 40% of Aarhus facility

APMT will have full ownership of the terminal

APM Terminals (APMT) has reached an agreement to purchase the remaining 40% of its facility in Aarhus, Denmark, from its joint venture partner (JV) Aarhus Service Holding A/S. The transaction, the price of which was not disclosed, will give APMT full ownership of the facility. The current business entity was created in August 2010, when APM Terminals Aarhus and Cargo ... Read More »