Saturday , 24 February 2018
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Author Archives: Emmanuel Mair

Konecranes completes acquisition of Terex MHPS

The Finnish brand will sell mobile harbour cranes under the name, Konecranes Gottwald

Konecranes has completed the acquisition of Terex Corporation’s material handling and port solutions (MHPS) business segment. The consideration for the MHPS business is US$595m and €200m (US$212m) in cash and 19,600,000 new class B shares, making Terex a 25% shareholder in Konecranes. The subscription price for a share is €35.01 (US$37.11) which was the closing price of Konecranes’ class A ... Read More »

HHLA appoints new CEO

Angela Titzrath has significant experience in the car industry

Hamburger Hafen und Logistik AG (HHLA) has appointed Angela Titzrath as chairman of its executive board, with her assuming the role on January 1, 2017. She has been a member of the company’s executive board since October 1, 2016. Titzrath stated that she is excited to be appointed “in what is a challenging time for HHLA”. “The world around us ... Read More »

China – UK container train service launched

The first Chinese container train service destined for London has set off, as the One Belt, One Road initiative makes its maiden rail call to the UK. The first train departed Yiwu in eastern Zhejiang province on January 1, 2017, and will cover more than 12,000 km in 18 days before reaching London according to China Railway Corporation. The service, ... Read More »

Gothenburg intermodal terminal to open in December 2017

A depiction of what the terminal will look like when fully built in 2019-2020.

Family-owned company Sandahlsbolagen Sweden AB has signed a five-year agreement with Gothenburg Port Authority to operate the new intermodal terminal at the port. At the end of next year, the intermodal terminal beside the central station in Gothenburg will move to the outer port area on the island of Hisingen, with operations to begin in December 2017. The reason behind ... Read More »

Kalmar to supply RTGs to Algerian port of Oran

Kalmar, part of Cargotec, has won an order for seven rubber-tyred gantry (RTG) cranes, worth €10m (US$11m), for the Port of Oran Container Terminal in Algeria. The order has been booked into Cargotec’s 2016 fourth quarter order intake and the E-One² RTGs will be delivered to the customer during the third quarter of 2017. This follows a call for tender ... Read More »

Colombo terminal concession process thrown into confusion

Local reports in Sri Lanka indicate that all parties bidding for a concession to operate the Port of Colombo’s East Container Terminal (ECT) have been eliminated from the process. According to Sri Lankan newspaper, The Sunday Times, the Cabinet Committee on Economic Management (CCEM) has brought new conditions that rule out all the companies bidding for the project. The media ... Read More »

DCT Gdansk receives 33 Mafi terminal tractors

DCT Gdansk has received 33 terminal tractors from German company Mafi Transport-Systeme GmbH, which are set to be operated at the recently opened second deepwater berth (T2). For this operation, the type T 230 F tractors will be handling container chassis with a payload of up to 65 tonnes. The tractors have been delivered with a Cummins engine in stage ... Read More »

Eurogate appoints new managing directors in Bremerhaven and Hamburg

Eurogate has chosen new managing directors for its container terminals in Bremerhaven and Hamburg following the retirement of Peter Zielinski, who has been managing director at its Hamburg facility since 1999. Wolfgang Schiemann, current manging director of Eurogate Container Terminal Bremerhaven, will replace Zielinski, thus returning to the Elbe after 12 years away. Replacing Schiemann will be present operations manager ... Read More »

Maersk CEO details future strategy

Maersk CEO Soren Skou

Following Maersk’s restructuring in September when it was split into separate segments, Group CEO Søren Skou has outlined plans for a core focus on transport and logistics. Speaking at the conglomerate’s “capital markets day”, he stated that Maersk intends to separate its energy units out of A.P. Møller – Mærsk A/S. Skou said: “When we set out the ambition of ... Read More »

HMM enters strategic cooperation with 2M alliance

The deal will boost 2M in the Transpacific trades

Hyundai Merchant Marine (HMM) has made a strategic cooperation agreement with Maersk Line and MSC, the two members of the 2M alliance, although the leading Korean carrier has failed to become a fully-fledged member. Earlier this year, HMM’s creditors requested the company’s entry into an alliance agreement as a condition for restructuring its debt. The cooperation is a combination of ... Read More »