Tuesday , 30 May 2017
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Author Archives: Federica Ragonese

Yang Ming tries to dispel customers’ fears

Yang Ming has said in a customer advisory aimed at mitigating concerns that its suspension of trading in the Taiwan Stock Exchange is part of a standard procedure for companies implementing recapitalisation. The struggling Taiwanese carrier voluntarily suspended the trading of its stock on the exchange from April 20 to May 3 following the announcement in early 2017 of a ... Read More »

Kuehne + Nagel signs e-commerce agreement with Alibaba

Kuehne + Nagel has signed a Memorandum of Understanding (MoU) with Alibaba.com to provide China-based shippers with e-commerce logistics solutions. The e-commerce partnership between the two companies currently includes only airfreight consignments and less-than-container-load (LCL) solutions. The MoU will lead to closer cooperation with plans to expand the scope of logistics services in the near future to cover air, sea, ... Read More »

Dangerous goods facility opens in Marseille Fos

Groupe Charles Andre (GCA) has opened the first packaged dangerous goods (DG)-dedicated warehouse of the Port of Marseille Fos logistics parks. The 6,000 facility features in a new 34,000 sq m warehouse opened by the French transport and logistics company in Fos Distriport. In addition to the DG area, the €20m warehouse also features space to host 200 containers. Clients were secured for ... Read More »

New Evergreen service to call Subic Bay

The service will call ICTSI's New Container Terminals 1 & 2

Evergreen has launched a new Korea-Taiwan-Philippines (KTP) service calling at ICTSI-operated terminals at Subic Bay Freeport, Philippines. The port rotation of the new service, which is scheduled to make its first maiden call on April 19, will include ICTSI’s New Container Terminals 1 and 2. The weekly service will call Incheon and Kwangyang in South Korea; Kaohsiung in Taiwan; Batangas, ... Read More »

First UK to China export train departs

The journey will take three weeks

The first ever UK-China export train has departed from DP World London Gateway as part of China’s One Belt, One Road programme. The train, which transported containers with goods including soft drinks, vitamins, pharmaceuticals and baby products, will arrive in Yiwu in the Zhe Jiang province, eastern China, after a 7,500 mile, three-week-long journey. The DB Cargo locomotive will also ... Read More »

Konecranes receives new order from GCT USA

The Port of New York/New Jersey’s Global Container Terminals (GCT) Bayonne terminal is set to receive two dual-cantilevered rail-mounted gantry (CRMG) cranes from Konecranes. The new Boxporter units, which will be used for rail operations, will go into service at the facility’s new eight-track intermodal yard ExpressRail Port Jersey, also called Greenville Yard. The CRMGs, which will span 47.5 m ... Read More »

Maersk to sell Mercosul Line

Mercosul controls 21% of Brazil's coastal market

The Maersk Group is set to sell Brazilian cabotage company Mercosul Line in an attempt to obtain regulatory approval for its acquisition of Hamburg Süd. The pre-emptive measure is due to concerns that Hamburg-Süd’s ownership of Brazilian cabotage company Aliança Navegação e Logística could represent an issue with competition authorities if Maersk were to keep control of Mercosul. The Brazilian competition ... Read More »

Eurasian rail alliance doubles volumes transported

Volumes transported by the Eurasian rail alliance United Transport and Logistics Company JSC (UTLC JSC) has more than doubled on a year-on-year basis in the first quarter of 2017. The company, which deals with container transport on the China-Europe rail route in the Republic of Kazakhstan, Russian Federation, and Republic of Belarus, transported a total of 30,600 teu in the ... Read More »

Maersk starts river transport of Bangladesh exports

Franck Dedenis, Maersk Line's managing director for India, Sri Lanka and Bangladesh

Maersk Group’s subsidiary Safmarine has announced Bangladesh’s first ever export shipment to be transported on river sea vessels (RSVs), also known as barges. Two 40 ft containers with garment-on-hanger (GOH) shipments were exported out of Pangaon Inland Container Terminal (ICT), which is the country’s first ICT, as part of a contract with the Japanese APL Logistics. The facility was previously used mainly for ... Read More »

APMT Lazaro Cardenas officially opens

APM Terminals (APMT)’s US$900m Lazaro Cardenas terminal in Mexico has officially opened. The facility, which accordng to APMT is Latin America’s most technologically-advanced container terminal, has an annual throughput capacity of 1.2m teu. When fully-built, the terminal is set to increase its container handling capacity to over 4m teu in 2030. The terminal, the first phase of which is now ... Read More »