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Monthly Archives: December 2014

United Arab Shipping Company to open Swiss agency

United Arab Shipping Company (UASC) has announced that it will open a wholly-owned representation in the Swiss market as of January 1. The new agency will be called UASAC Switzerland, it will be a subsidiary of UASAC Deutschland and will take over all agency activities from Fiege Logistics, which represented UASC for 24 years. In a statement, UASC said that ... Read More »

TUI set to sell stake in Hapag-Lloyd

TUI wants to sell its stake in Hapag-Lloyd

German tourism company, TUI AG, is looking to sell its remaining 13.9% share of shipping line Hapag-Lloyd and is currently speaking to potential investors. TUI is also considering the alternative possibility of divesting via the launch of an initial public offering (IPO) by Hapag-Lloyd which may happen in the second half of 2015. TUI chairman, Klaus Mangold told the Frankfurter ... Read More »

General strike in Belgium hits ports including Antwerp

Port of Antwerp

A 24-hour general strike is underway in Belgium, with the country’s transportation networks including its ports, coming to a standstill. Belgium’s ports have been blockaded because of the industrial action against austerity, with dock workers amongst those frustrated by government proposals to scrap a cost-of-living wage rise next year. At Europe’s third busiest port, the Port of Antwerp, no operations ... Read More »

Gdynia Container Terminal orders Kalmar RTGs

Kalmar delivered similar units to GCT earlier this year

Port equipment manufacturer Kalmar has received an order for five of its latest generation zero-emission rubber-tyred gantry cranes (RTGs) from Gdynia Container Terminal (GCT) in Poland. The order follows the delivery of two similar machines earlier in 2014. The latest order was booked into parent company Cargotec’s fourth quarter intake with delivery scheduled for December 2015. Specifically GCT has opted ... Read More »

Eurogate Bremerhaven breaks the 1m rail barrier

Eurogate’s Container Terminal Bremerhaven has handled its millionth standard rail container, with the company claiming that the importance of railways as a carrier for seaport hinterland transport is constantly growing. Rail handling volumes in Bremerhaven have seen a steady rise over the past few years. Since 2010, the number of standard containers handled by rail has risen by 18.5 %, ... Read More »

Record volumes forecasted at duisport

According to current projections, the duisport Group will handle a total cargo volume of 65m tonnes in 2014, up from 62m tonnes in 2013. The positive results for combined transport in particular have played a crucial role, the company said. Container handling by ship, rail, and truck is set to grow by 13% to about 3.4m teu (3m teu in ... Read More »

“No canal,” say Nicaraguan protestors

Protests along the route have increased in recent weeks

Thousands of Nicaraguans have taken to the streets of the capital Managua in opposition to their government’s plan to construct a canal spanning the width of the country. The protestors, many of whom live along the proposed route of the US$50bn 172-mile waterway, and who face the very real prospect of losing their homes, waved flags and chanted anti-government slogans ... Read More »

Timber terminal opens at Gothenburg

The terminal is adjacent to the container and ro-ro terminals

A new transloading terminal for timber products has opened at the Port of Gothenburg, meaning more sawmills throughout the Nordic region can now ship their timber via the port  The terminal will be run by the family-owned company Sören Thyr AB. Paper, pulp and timber products account for a large proportion of exports that pass through Gothenburg. Up to now, ... Read More »

Merger of RAM spreaders and Peiner Smag

NSL Engineering Holdings Pte. Ltd. (NSEH), a wholly-owned subsidiary of NSL Ltd., has entered into agreement with Salzgitter Maschinenbau AG (SMAG) in relation to the proposed merger of NSE’s RAM container spreader business with SMAG’s grab business. Under the agreement, NSEH will inject RAM into SMAG’s fully owned subsidiary, Peiner SMAG Lifting Technologies GmbH (“PSLT”) in exchange for 33.33% equity ... Read More »