International Container Terminal Services (ICTSI) has inaugurated two new berths which for the first time offer the port of Umm Qasr the ability to handle container vessels of up to 14,000TEU.
https://www.porttechnology.org/news/ictsi-boost-deep-water-capacity-at-iraqs-main-dry-cargo-port/
A joint study by Maersk and Lloyds Register on the decarbonisation options for shipping unsurprisingly concludes that achieving the holy grail of net zero will cost money.
While the additional cost to build a ship with new fuel tanks, modified engines and fuel supply systems is a capital expenditure cost, written off over the lifetime of the vessel, the new fuels, such as biomethane and ammonia, are projected to be …
The post Decarbonisation of shipping comes at a cost appeared first on The...
https://theloadstar.com/decarbonisation-of-shipping-comes-at-a-cost/
The Nigerian State of Lagos has announced it has signed a series of agreements with the China Development Bank (CDB) and the China Harbour Engineering Company (CHEC) to accelerate the building of the Lekki Deep Seaport.
https://www.porttechnology.org/news/nigeria-china-agree-deal-for-new-port/
Crane Worldwide Logistics is beefing up its customs brokerage and trade advisory team with the appointment of Alexandra Kleinschmidt.
Ms Kleinschmidt, a licensed customs broker, will lead the team in Houston.
She joins from DHL Global Forwarding, where she was senior director customs sales US for more than a year. Prior to that, she spent two years at Panalpina as south district head of customs services, following stints at both DB Schenker …
The post Crane Worldwide appoints Alexandra...
https://theloadstar.com/crane-worldwide-appoints-alexandra-kleinschmidt-to-lead-customs-brokerage/
Notwithstanding the start of the winter slack season the container charter market remains robust, buoyed by a shortage of tonnage caused by the substantial number of ships taken out of service for scrubber retrofitting.
According to Alphaliner data, there are 44 containerships, for a total capacity of 436,000 teu, in dry dock for the installation of exhaust gas cleaning systems.
These will enable the vessels to continue to bunker with cheaper HFO …
The post Still-bullish charter market being...
https://theloadstar.com/still-bullish-charter-market-being-driven-by-more-scrubber-fitting/
3PLs must invest in both people and technology – but experience in freight is no longer needed, delegates at the 3PL and Supply Chain Summit in Brussels, were told.
CH Robinson’s vice president Europe, Jeroen Eijsink, said people remained key to success.
“The human factor is tremendously important going forward in our business model,” he explained. “It’s IT that supports people, and not vice versa. That’s what IT is about.”
CH Robinson announced last …
The post People still key to success, says...
https://theloadstar.com/people-still-key-to-success-says-chr-we-want-talent-with-tec-expertise/
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/
Kuehne + Nagel up (+9.6%), DSV Panalpina down (-0.5%) on the stock market is the headline story at Wednesday’s close following the release of a respectable trading update by the Swiss company – in short, it’s momentarily 1-0 to yield (K+N) versus growth (DSV) so far this earnings season.
Well, we’ll soon find out how their chief American rivals in the broader 3PL universe – XPO Logistics (28 October), CH Robinson …
The post Analysis: Coming soon – that Halloween moment for ‘more together’ DSV...
https://theloadstar.com/analysis-coming-soon-that-halloween-moment-for-more-together-dsv-panalpina/
Duisburger Hafen AG (duisport) and COSCO Shipping Logistics have signed a deal to build the largest container terminal in the European hinterland.
https://www.porttechnology.org/news/cosco-to-build-biggest-hinterland-terminal/
DP World handled 17.7 million teu (twenty-foot equivalent units) across its global portfolio of container terminals in Q3 19, with gross container volumes growing 1.1% year on year on a like-for-like basis. It said Jebel Ali (UAE) handled 3.6 million teu in Q3, down 1.% year on year, as volumes stabilised following a shift of low-margin cargo. Growth in Asia and India remains robust with strong growth in ATI (Philippines), Qingdao …
The post DP World reports growth across global container...
https://theloadstar.com/dp-world-reports-growth-across-global-container-terminal-network-in-q3/