Maritime transport – Page 22
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FeatureHöegh Autoliners settles with US authorities after cartel investigation
Shipping company Höegh Autoliners has agreed a settlement with the US Department of Justice (DOJ) after a price-fixing investigation dating back five years.The company has agreed to pay $21m in fines related to exports from the US to the Middle East, following the DOJ’s investigation into the car carrier industry ...
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FeatureGreenpeace protestors board ro-ro vessel carrying VW diesel vehicles
Greenpeace activists have boarded a ro-ro vessel in the UK’s Thames Estuary carrying Volkswagen diesel-engine passenger vehicles for the UK.A group of 25 volunteers in kayaks and boats surrounded the 23,000 tonne ship owned by K-Line’s European short-sea subsidiary, KESS, and attempted to stop the Volkswagen cars from entering the ...
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FeatureRo-ro carrier faces fine for anti-competitive behaviour in South Africa
Norwegian ro-ro carrier Höegh Autoliners has been referred to South Africa’s Competition Tribunal for charges relating to collusive tendering, price-fixing and market division.The country’s Competition Commission, which referred the case, is seeking an order obliging the company to pay an administrative penalty equal to 10% of its annual turnover on ...
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FeatureValencia seeks to oust Barcelona as Spain’s leading vehicle port
Valencia Port Authority (APV) has confirmed that it is attempting to overtake Barcelona as Spain’s leading hub for automotive traffic. It now has more space between Valencia and Sagunto given over to this business than its Catalan rival, and is looking to handle 1m units annually.A spokersperson for APV told ...
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FeatureMaersk estimates cost of NotPetya cyber-attack at $200m-300m
Shipping company AP Moller-Maersk says it expects the impact of the NotPetya cyber-attack in June to have cost the company $200m-300m, of which the majority relates to lost revenues in July.Despite this, the company still expects to beat last year’s figure of $711m in terms of underlying profits for the ...
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FeaturePasha secures Grays Harbor deal to process FCA imports from Mexico
Pasha Automotive Services has secured a contract starting this summer to process Fiat Chrysler Automobiles (FCA) finished vehicles imported into Grays Harbor, on the US west coast, from the port of Lázaro Cárdenas in Mexico.John Pasha, senior vice-president of Pasha Automotive Services, said: “FCA US has been a long-time customer, ...
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FeatureNYK convicted and fined in Australia over criminal cartel activity
After admitting its guilt last year, shipping company NYK has been convicted by Australia’s federal court and fined A$25m ($20m) for criminal cartel conduct –the second highest fine ever imposed by the country’s competition authority.In July 2016, following an investigation by the Australian Competition and Consumer Commission (ACCC), the Commonwealth ...
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FeatureWWL ALS moves into Scandinavian market
WWL ALS, the division of Wallenius Wilhelmsen Logistics (WWL) that handles abnormal loads and high and heavy equipment, has established a new business unit in Bergen, Norway, taking over premises previously run by WSS Nordic, a division of Wilhelmsen Ship Services (WSS).The new company, WWL ALS Nordic AS, will expand ...
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FeatureLargest vessel ever calls at Malaga with spot shipment from Tarragona
The NOCC Kattegat, operated under charter by Neptune Lines, has become the largest vessel to call at the Spanish port of Malaga after delivering a spot shipment of vehicles there from Tarragona in late July.The vessel, which is 196.4 metres long and has a 5,253-vehicle capacity, discharged 600 Hyundai and ...
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FeatureBLG and Fenix commit to expansion of services at Bronka
German logistics provider BLG Logistics and LLC Fenix, the owner and operator of the Russian port of Bronka, have signed an official letter of intent for joint future development of finished vehicle handling at the port.BLG Logistics has been working with Fenix for six months at the port already, following ...
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FeatureBrazil: Exports are chasing away the clouds
Brazilian vehicle sales, which have fallen every year since 2013, continue to be hampered by a deep recession, a stubborn, double-digit unemployment rate, increasingly tight credit and haemorrhaging consumer confidence. Seemingly unending political crises have also hit the country. So, to combat the stalling economy and venal political climate, carmakers, ...
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FeatureStena Line to introduce larger ships on Rotterdam-Harwich route
Stena Line plans to replace the two vessels currently servicing its Rotterdam to Harwich route with two larger ships, due to increased demand.The ro-ro ships Capucine and Severine, which operate twice daily from Europoort in the Netherlands to Harwich in the UK, will be replaced by the larger vessels MV ...
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FeatureCosco Shipping makes $6.3 billion bid for OOIL
Cosco Shipping lines is leading a bid to buy rival Orient Overseas (International) Ltd (OOIL) for HK$49.25 billion ($6.3 billion), as consolidation in the shipping industry continues.OOIL is the seventh largest container shipping company in the world, with extensive container shipping routes and networks. Cosco Shipping is currently the fourth ...
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FeatureSCH wins stevedoring contract for Renaults shipped into Southampton
Southampton Cargo Handling (SCH) has been awarded and started the stevedoring contract to handle all Renault vehicles being shipped into the port of Southampton, in the UK.The news follows Euro Marine Logistics (EML), a joint venture project between Mitsui OSK Lines and Hoegh Autoliners, winning the shipping contract for about ...
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FeatureSo far so good for Ford shipments into Venice port
The addition of the port of Venice for imports of Ford Transit light commercial vehicles into Italy has gone “very well” according to the OEM’s manager of vehicle logistics for Europe, Torsten Heinrichs.Back in April, Venice port announced that Neptune Lines had secured a deal with Ford to add the ...
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FeatureNorth American ports: Slowdown after growth tests capacity to cope
While seven years of consecutive sales growth in the North American automotive industry have put vehicle handling ports to the test in terms of throughput, many of them are now being tested further by the slowdown in sales in the US, with inventory build-ups in some ports, and slower throughput.Meanwhile, ...
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FeaturePrivate equity group EQT buys into terminal at Port of LA
EQT Partners, the Swedish private equity group, has acquired a 90% interest in the Global Gateway South (GGS) terminal at the Port of Los Angeles for $817m.The investment is being made by the EQT Infrastructure III fund which completed a €4 billion ($4.5 billion) fundraising in February.The seller, CMA CGM, ...
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FeatureHamburg Süd named as one of Volkswagen’s best suppliers
Shipping line Hamburg Süd has been named as one of the 19 winners in the annual Volkswagen Group awards for suppliers.The company, which is currently in the process of being taken over by larger rival, Maersk Line, received its award in the Global Champion category.Speaking at the awards ceremony on ...
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FeatureWWL executives indicted on price-fixing charges
The US District Court in Baltimore has indicted the chief operations officer at Wallenius Wilhelmsen Logistics (WWL), Kai Kraas, on price-fixing charges.Kraas, along with former WWL CEOs Anders Boman and Arild Iversen, has been charged by the court in Baltimore with “participating in a long-running conspiracy to allocate certain customers ...
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FeatureMaersk resumes online orders as port operations recover after cyber-attack
AP Moller-Maersk has resumed taking online bookings and said operations at all of the ports it has terminals at were now running “close to normal” after Tuesday’s cyber-attack.Earlier this week, Maersk, one of the world’s biggest ocean carriers with 600 vessels, said the ransomware attack had brought down IT systems ...