Renault drives into the future, sending cars across the Atlantic on sailing ships

French car manufacturer Renault will return to the age of sail to send finished vehicles across the Atlantic, inking a deal with a wind propulsion firm.
Renault has signed a three-year deal with French developer Neoline to construct two wind-powered ro-ro vessels to operate on a transatlantic route from 2020.
The 136-metre long Neoliner has a beam of 24.2 metres and a standard sailing speed of 11 knots. It has some 4,200sq metres …

The post Renault drives into the future, sending cars across the...

https://theloadstar.co.uk/renault-drives-future-sending-cars-across-atlantic-sailing-ships/

Revitalised Panama Canal now eyes expansion of port and logistics capacity

Following a strong year in terms of growth in vessel transits, the Panama Canal Authority is once more turning its attention to building port capacity as well as new zones for increased logistics activity.
In the keynote speech at this week’s TOC Americas Container Supply Chain event, authority administrator and chief executive Jorge Quijano (pictured) told delegates that, while vessel transits were its primary business barometer, ports activity had become increasingly …

The post Revitalised...

https://theloadstar.co.uk/revitalised-panama-canal-now-eyes-expansion-port-logistics-capacity/

Mixed fortunes for OOCL in Q3 as liftings and revenues rise, but so do costs

OOCL increased carryings by 6.9%, year on year, in the third quarter, to 1.7m teu, while improving turnover by 7%, to $1.56bn.
However, the carrier experienced sharply contrasting fortunes on its transpacific and Asia-Europe tradelanes.
The quarterly operational numbers from parent Orient Overseas International, now majority-owned by Cosco Shipping, are seen as an early guide to the performance of the carrier’s liner industry peers, which will report their third-quarter results in the coming...

https://theloadstar.co.uk/mixed-fortunes-oocl-q3-liftings-revenues-rise-costs/

THE and Ocean alliances team up for Mediterranean-US east coast service

THE and the Ocean alliances have confirmed plans to merge a Mediterranean-US east coast service in December.
Subject to regulatory approval, the new service will see THE Alliance’s AL6 join with the Amerigo service operated by CMA CGM, Cosco and OOCL – Ocean Alliance member Evergreen is not part of the service and is not expected play a part in the new string.
The service will deploy six 8,000 teu vessels – three from …

The post THE and Ocean alliances team up for Mediterranean-US east coast...

https://theloadstar.co.uk/ocean-alliances-team-mediterranean-us-east-coast-service/

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