First freight shipment to arrive on ‘Brexit buster’ Morocco to UK route
The Port of Poole, in Dorset, is anticipating its first delivery via a new direct shipping route from Tangier in Morocco. The route has been established by maritime and transport specialist, United Seaways.
A shipment of 100 freights of organic seasonal fruit and vegetables is shortly scheduled northbound. The route will now run once per week and largely comprise the transportation of dry...
French carrier CMA CGM has cemented its port investment position in the Gibraltar straits after completing its acquisition of 50% of HMM’s Total Terminal International Algeciras facility, following approval from the Spanish port authority.
CMA CGM has taken a 25.5% stake in TTIA, with investment fund partner DIF Capital Partners taking 24.5%, leaving HMM with a 50%+ one share stake.
The deal makes CMA CGM the second major carrier, after Maersk, to …
The post CMA CGM closes deal giving it 25.5%...
https://theloadstar.com/cma-cgm-closes-deal-giving-it-25-5-stake-in-ttia-terminal-at-algeciras/
Preliminary port throughput data for the world’s largest 25 container ports has been published by Alphaliner this week.
The headline is that 13 of the top 25 saw growth, and 12 saw box volumes shrink – we should be wary of extrapolating this to the wider port market however, as it is still unclear whether their gains are the result of market growth or more simply the result of smaller ports’ losses (check Dalian below).
Some quay points
Chinese ports consolidated their position in the …
The...
https://theloadstar.com/snapshot-port-volumes-as-muddy-as-hell/