Bollore

New container terminal opens in Africa’s port of Abidjan

Port of Abidjan in Côte d’Ivoire has now a second box terminal which will increase the total container handling capacity of the port from 1 million TEUs to 2.5 million TEUs per year.

Additionally, the African port will be now able to receive vessels of 16 metres of draft capable of carrying up to 14,000 TEUs against 3,500 TEUs currently.

The construction of the new terminal, TC2, lasted 18 months and required an overall investment of 596 billion CFA francs (around US$950 million).

The new box...

https://container-news.com/new-container-terminal-opens-in-africas-port-of-abidjan/

Against the odds: Bolloré Logistics – what happens to the rump after MSC takes its African bite

Those familiar with Bolloré affairs would understand that the way the French group has so far played the possible sale of its African logistics business, aka ‘BAL‘, has been flawless.
“Bolloré Group doesn’t comment on rumours in the press regarding its transportation and logistics [T&L] activities,” it said on 15 October when the first domestic reports and speculation emerged.
Without clearly identifying which T&L activities, in fact, may be the subject of …

The post Against the odds: Bolloré...

https://theloadstar.com/against-the-odds-bollore-logistics-moving-the-needle-in-top-forwarding-ma/

On the wires: Geodis smells good – time for SNCF to make the smart choice

“SNCF’s objective to attain a break-even position by 2022 has been dealt a severe blow by a prolonged strike that could hasten a disposal  of assets at France’s state railway, including the partial sale of its freight transport and logistics arm Geodis.” –  Lloyd’s Loading List (LLL) , 14 January 2020.
Whether external or internal events are to blame for the financial distress experienced by state-owned rail company SNCF Mobilités, what is …

The post On the wires: Geodis smells good – time for...

https://theloadstar.com/on-the-wires-geodis-smells-good-time-for-sncf-to-make-the-smart-choice/

M&A radar: Partial sale of Ceva the only certainty as deal smoke thickens

This Indian summer has brought about a slew of hot rumours and serious – and some less serious – market talk regarding deal-making that I thought it would be worth sharing in a preliminary attempt aimed at predicting what could be next in our beloved, sometimes overly cautious, industry.
What’s known
Drawing from several conversations about CMA CGM/Ceva Logistics in the past few weeks, I have concluded that we are soon going …

The post M&A radar: Partial sale of Ceva the only certainty as deal...

https://theloadstar.com/ma-radar-partial-sale-of-ceva-the-only-certainty-as-deal-smoke-thickens/

Supply chain radar: The appeal of Geodis + Bolloré, if CMA CGM is out of the race

Whether a French revolution spurred by domestic deal-making of a certain size is the next chapter in logistics is as yet unknown.
However, speculation is rife about what’s next for Geodis, which only about ten days ago announced it had “brought its 2013–2018 strategic plan to a favourable close”, while other much smaller domestic deals are being worked out.
By the way, its 2023 plan can be found here – there is …

The post Supply chain radar: The appeal of Geodis + Bolloré, if CMA CGM is out of...

https://theloadstar.com/supply-chain-radar-the-appeal-of-geodis-bollore-if-cma-cgm-is-out-of-the-race/

Poor infrastructure hobbles improvements in West Africa container terminals

Monopolisation and vested interests are holding back container terminal improvements in West Africa, as landside congestion and supply chain inefficiencies worsen.
While the region has seen a widespread modernisation programme at terminals, one source told The Loadstar hinterland links to “almost every port” along the west coast had not been developed since the colonial era.
“The most striking example is Conakry (Guinea), where the port is located at the end of a narrow …

The post Poor...

https://theloadstar.com/poor-infrastructure-hobbles-improvements-in-west-africa-container-terminals/