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All Shipping articles – Page 22
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ArticlePrivate 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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ArticleHamburg 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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ArticleMosolf makes more room at Kippenheim
Finished vehicle logistics provider Mosolf has invested €2.7m ($3m) to extend its vehicle handling facility in Kippenheim, Germany. The extension will allow it to accommodate another 2,000 vehicles, bringing the capacity of the site to 32,000 vehicles across 94 hectares.The company is also once again moving vehicles the 480km between ...
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ArticleWWL 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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ArticleMaersk 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 ...
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ArticleVolkswagen OTC: Sea king of the Kassel
[sta_anchor id="1"]In many ways, the heart of Volkswagen Group After Sales – the OEM’s service parts and aftermarket division – is its massive Original Teile (Parts) Centre (OTC) in Baunatal, near Kassel, central Germany. This impressive storage and shipping centre serves destinations across the world, including European dealerships as well ...
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ArticlePhilaPort’s new automobile berth receives first ro-ro vessel
Left to right: Greg Iannarelli, PhilaPort; Captain M/V Glovis Comet; Jeff Theobald, PhilaPort; Kane Han, Hyundai Glovis; Pat Foran, Glovis America; and Scott Cornell, Hyundai Glovis A Hyundai Glovis vessel carrying 2,176 Hyundai and Kia cars became the first ship to berth at the Port of Philadelphia’s ...
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ArticleMassive cyber-attack hits global shipping companies
AP Moller-Maersk and TNT Express are among a rapidly growing number of companies so far affected by this week’s global cyber-attack, which has also hit Ukraine’s power network, transport services and banks, as well as the Rosneft oil company in Russia.Security experts said a malicious software called Petya and a ...
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ArticleMulti-level storage facility to boost capacity at busy Savona port
The Mar Ligure Occidentale Port Authority , which oversees operations at the port of Savona in northwest Italy, has received notification from Savona Terminal Auto that it intends to proceed with construction of a multi-level storage facility at its terminal. Work will commence in September.The new building will be integrated ...
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ArticleScania shipping trucks to Russia with UECC
Truck maker Scania has signed a contract with European short-sea ro-ro operator UECC for the movement of its finished trucks from Belgium to Russia.Twenty trucks, made at Scania’s plant in Zwolle in the Netherlands, were loaded at the Belgian port of Zeebrugge earlier this month for onward shipment to the ...
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ArticleMexico fines seven shipping lines over price-fixing
Mexico’s Federal Economic Competition Commission (Cofece) has issued seven ro-ro carriers with fines totalling 581.6m pesos ($32.4m), saying they acted as a cartel to increase prices.The companies involved are K-Line and K-Line Americas, Mitsui OSK Lines, Mitsui OSK Bulk and NYK Line from Japan, Chile’s CSAV, and Wallenius Wilhelmsen Logistics ...
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ArticleUECC starts ship-to-ship LNG fuelling
European ro-ro operator UECC has set up a weekly ship-to-ship bunkering service for its Auto Eco and Auto Energy vessels, which can run on liquefied natural gas (LNG) as well as heavy fuel. The vessels were fuelled at the Belgian port of Zeebrugge during loading operations.The move follows the delivery ...
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ArticleEurope conference: Data sharing could ease port constraints for finished vehicles
Strong growth in vehicle numbers moving into and out of Europe over the past few years has created capacity constraints and bottlenecks at the continent’s ports. While the scope to significantly expand physical space might be limited, executives from carmakers and logistics providers have suggested better visibility and sharing of ...
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ArticleSpanish ports hit as stevedores go on strike over liberalisation
Spanish ports have been hit by country-wide strike action by more than 6,000 stevedores protesting about new laws that have technically liberalised dock services and ended the mandatory employment of unionised labour.The action is taking place at 39 cargo ports around the country and affecting parts movements in and out ...
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ArticleTim Scharwath now heading DHL Global Forwarding
Following an announcement made last year, Tim Scharwath (pictured) has formally taken up his role as CEO of DHL Global Forwarding, Freight, the division of Deutsche Post DHL that handles air, ocean and overland freight forwarding.He takes over the new role from group CEO Frank Appel, who has been handling ...
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ArticleDICV exports 10,000th truck from India
Daimler India Commercial Vehicles (DICV), part of Daimler Trucks Asia, has exported its 10,000th truck from the port of Karmarajar, near Chennai, on an MOL vessel. The vehicle in question was a 40-ton heavy-duty tractor destined for Indonesia and was part of a consignment of 250 trucks on the way ...
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ArticleOfficials get traffic moving at storm-hit Laredo border crossing
Officials on both sides of the US and Mexican border have diverted traffic and had partially opened the World Trade International bridge just days after a storm caused significant damages at the vitally important Laredo crossing and forced authorities to stop operations. On Thursday, officials at the Laredo Police Department ...
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ArticleYara and Kongsberg to launch autonomous electric container ship
Norwegian chemical and fertilizer producer Yara International has announced plans for the first all-electric, autonomous container ship.It is being developed in partnership with digital technology group, Kongsberg, and will ship products from Yara's Porsgrunn production plant to Brevik and Larvik in Norway.Named Yara Birkeland after the Norwegian scientist, Kristian Birkeland, ...
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ArticleBristol begins UK vehicle exports to US with WWL
A new weekly ro-ro service is shipping Jaguar Land Rover, Mini and construction equipment from the UK's port of Bristol to the east and west coasts of the US.The first consignment was loaded aboard WWL's MV Theben on April 29th, with the first call being at the US east coast ...
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ArticleGefco to ship CNH tractors from Austria to Australia
European agricultural machinery maker Case New Holland (CNH) has contracted logistics provider Gefco to move a consignment of tractors to Australia for the first time.Gefco will move between 260 and 280 tractors in containers to three Australian ports this year: Perth, Melbourne and Brisbane.The tractors will be loaded into containers ...