Month: February 2017

Sovcomflot to be privatized

The privatization of 25% – 1 share of Russia’s Sovcomflot (SCF) will be realized through public offering at Moscow stock exchange, said yesterday Economic Development Minister Maxim Oreshkin. TASS news agency also quotes his comment that a simultaneous listing at the New York Stock Exchange (NYSE) is not planned. SCF is Russia’s largest shipping company […]

Konecranes to deliver RTGs to Paraguay

Last week Konecranes signed an agreement with Terport S.A. (Terminales Portuarias S.A.) in Paraguay, South America to deliver 2 BOXHUNTER Rubber Tired Gantry cranes (RTGs), as announced by Konecranes’. The equipment is to be delivered in early 2018. The parties have agreed not to disclose the value of the deal. Terport S.A. is a multipurpose […]

Moscow welcomes transport professionals at TransRussia-2017

The 22nd International Exhibition “TransRussia” will be held in Moscow, Russia on 18-20 April 2017. TransRussia is the country’s largest exhibition of transport and logistics services and technologies. 13,214 professionals from 74 Russian regions and 51 countries took part in the event in 2016. The list of participants included 335 companies from Russia and 27 countries. The exhibition […]

Wilhelmshaven welcomes 6 new shipping lines

Eurogate Container Terminal Wilhelmshaven

Eurogate has announced that since April, 2017 six more container shipping lines will call at its Wilhelmshaven terminal in Germany’s only deep-water JadeWeserPort. The six lines are COSCO Shipping, OOCL, CMA CGM and Evergreen forming the newly established OCEAN Alliance, as well as Hamburg Süd and Hyundai Merchant Marine. The OCEAN Alliance has included Wilhelmshaven […]

Hanjin declared bankrupt, HMM consolidates its 4 terminals

Hyundai Merchant Marine (HMM) has entered into a contract with Hanjin Shipping and Marine Terminals Investment Limited (MTIL) to acquire Hanjin Pacific Corporation’s 100% stake in terminals in Tokyo and Kaohsiung, announces the company’s press release. Hanjin Pacific Corporation (HPC) is owned by Hanjin Shipping (60%) and Marine Terminals Investment Limited (40%) and operates container terminals in […]

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