In Vladivostok, Russia, goes on the conflict between the dockers and the management of Vladivostok Sea Commercial Port (part of the FESCO Transportation Group of the Summa Group holding). Following the mass actions caused by the forced redundancy of the dockers of the port’s container terminal of which we wrote earlier, the transport prosecutor’s office […]
Category: News
A new block train from China to Europe launched
The first container train from the Yiwu city in China through Russia to Latvian capital city, Riga arrived at the Riga Central railway station on 5th November, reports the press release of Latvian railways. The service was organized by Latvian and Chinese railways, Yiwu platform, “Interrail AG”, logistics subsidiary of Latvian railway, “LDZ Logistics” and […]
Liverpool2 opened
On Friday, 4 November 2016, a new deep water container terminal Liverpool2 was officially opened at the Port of Liverpool by the Secretary of State for International Trade, Rt Hon Dr Liam Fox MP. The facility is one of the UK’s largest private sector infrastructure projects, being a UKP 400 mln (USD 500 mln) investment […]
A 6-at-a-time spreader to handle empties
A new container handling system has been announced by UK-based ports consultants, writes Maritime Executive. The locking system, called BLOK-BEAM, enables a standard single spreader ship-to-shore crane to lift and transport six containers as one single block. BLOK-BEAM comprises a pair of steel beams unitizing three containers horizontally, three more can be interconnected directly below. […]
GEFCO secured an EUR 8 bln exclusive contract with PSA
The French automotive group PSA has awarded an EUR 8 bln exclusivity agreement to 4PL provider GEFCO to manage and optimise the automaker’s entire global supply chain. The agreement reaffirms that GEFCO is the PSA Group’s leading supplier in Europe, number two worldwide. The 5-year agreement will take effect on 1 January 2017. Under the agreement, GEFCO will […]
Maersk Q3 2016 financial results low due to liner and port operations
The Maersk Group has published its Q3 2016 results today. According to the press release, in the third quarter of the current year the Group delivered revenue of USD 9,177 mln (-9.2% y-o-y) and profit of USD 438 mln (-43.7% y-o-y). The negative results were significantly impacted by market conditions, particularly low container freight rates […]
Japanese container lines integrate to become #6 in the world
Today at a joint press conference, the three Japanese shipping lines – K Line, NYK and MOL – announced of an agreement to integrate their container shipping and overseas port businesses. According to their joint statement, Kawasaki Kisen Kaisha, Ltd., Mitsui O.S.K. Lines Ltd., and Nippon Yusen Kabushiki Kaisha have signed contracts agreeing the establishement […]
Vladivostok Free Port attracts new residents
The Supervisory Board of Vladivostok Free Port has approved 35 investment projects, with total amount of private investments of about RUR 94 bln (apprx. USD 1.5 bln, or EUR 1.4 bln), reports press centre of the Ministry for Development of Russian Far East. The projects differ by business activity, geography and amount of investments (from RUR […]
CMA CGM to divest NOL terminals
The French shipping line CMA CGM plans to sell the terminal assets of the Singaporean Neptune Orient Lines (NOL), reports The Straits Times citing Bloomberg. CMA CGM acquired NOL in June this year adding APL container line to its shipping portfolio. The terminals to be put up for sale include US West Coast terminals Global Gateway […]
DCT Gdansk extension completed
The second deepwater berth (T2) of the container terminal DCT Gdansk in Poland was opened on 24 October 2016. The new berth, 650 meters long and 16.5 m deep, is equipped with 5 modern and largest in the Baltic region STS cranes able to handle ultra large ships of over 20,000 TEU and 15 fully […]
