Port alliances

Antwerp and Zeebrugge will merge – creating a superport to rival Rotterdam

A new superport is set to be created in north-west Europe after the Belgian ports of Antwerp and Zeebrugge announced today that they will formally merge. 
Talks between the municipal authorities of Antwerp and Bruges began in 2018 and unification will put the superport within touching distance of nearby rival, Europe’s largest container hub, Rotterdam. 
Last year, the two ports handled 13.8m (Antwerp, 12m teu, and Zeebrugge, 1.8m teu).  
Meanwhile, although the figures for Rotterdam, which had...

https://theloadstar.com/antwerp-and-zeebrugge-to-merge-creating-a-superport-to-rival-rotterdam/

M&A radar: The birth of a German super-stevedore – more takeover than merger

Hamburg’s major container terminal operator HHLA announced at the end of May that it had entered into strategic talks with its German peers, Eurokai and BLG International.
In this type of situation, all outcomes are possible but should we eagerly prepare for a three-way merger now? While some already put that question forward, here is our answer.
Statement
“Hamburger Hafen und Logistik AG (HHLA), Eurokai GmbH & Co. KGaA and BLG Logistics Group …

The post M&A radar: The birth of a German...

https://theloadstar.com/ma-radar-the-birth-of-a-german-super-stevedore-more-takeover-than-merger/

Ports of Los Angeles and Long Beach to ‘collaborate’ on cargo

To an outsider it is often difficult to know precisely where the port of Los Angeles ends and neighbouring Long Beach begins, so often does it look like one homogenous mass of terminals, and it comes as little surprise to see Logistics Management reporting that the two have signed an MoU that will  effectively turn San Pedro bay into one enormous container gateway. There is an emerging trend in the …

The post Ports of Los Angeles and Long Beach to ‘collaborate’ on cargo appeared first on The...

https://theloadstar.com/ports-of-los-angeles-and-long-beach-to-collaborate-on-cargo/

Competition regulators order investigation into new Hong Kong Seaport alliance

Hong Kong’s competition regulators have warned the port’s container terminal operators that the new alliance unveiled yesterday will be subject to an investigation.
The Loadstar reported yesterday that Hong Kong’s shippers had reacted with alarm to the announcement that four of the port’s five box terminal operators – Cosco Shipping Ports, Asia Container Terminals, Hongkong International Terminals and Modern Terminals – had come together to create the Hong Kong Seaport Joint …

The post Competitio...

https://theloadstar.co.uk/competition-regulators-order-investigation-into-new-hong-kong-seaport-alliance/

Shipper hackles rise as Hong Kong box terminals announce operating alliance

A new alliance of four Hong Kong major container terminal operators has been slammed as anti-competitive by local shippers.
The Hong Kong Seaport Joint Operating Alliance Agreement (HKSPA), announced yesterday, sees Cosco Shipping Ports team up with Asia Container Terminals, Hongkong International Terminals and Modern Terminals.
According to Cosco, the four companies will collaborate on the management and operation of 23 berths across Hong Kong’s Kwai Tsing terminals, with the aim of …

The post S...

https://theloadstar.co.uk/shipper-hackles-rise-as-hong-kong-box-terminals-announce-operating-alliance/

Join Our Newsletter
Enter your email to receive a weekly round-up of shipping news.
icon
By subscribing, you agree with our privacy policy and our terms of service.