All Shipping articles – Page 3
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Article
Grimaldi Group confirms vertical storage unit at Valencia
Grimaldi Group has reaffirmed a commitment to build a vertical storage facility at its Valencia Terminal Europa, on Dique del Este, at the Mediterranean port of Valencia.Mario Massarotti, MD of the group’s Spanish operation, said the new facility was required to improve the quality of service it offered in the ...
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ArticleMaersk Line buys Hamburg Süd as sector consolidation continues
Denmark’s Maersk Line, the world’s largest container shipping company, has agreed to buy Hamburg Süd, the world’s seventh biggest, for an undisclosed sum.The deal is just the latest in a series announcements reflecting consolidation in the shipping industry, which is suffering from record low rates and overcapacity. Back in August, ...
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ArticleK Line supports increased car imports in Australia with new route
Japanese ocean ro-ro carrier K Line has added an ‘anti-clockwise’ service between Thailand and Australia to its existing ‘clockwise’ service.In a statement, the company said vehicle sales in Australia were currently strong and forecast to grow but that the market there was changing drastically as more vehicles were imported, rather ...
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ArticleKrishnakumar joins GAC Shipping India
The Indian division of logistics and marine services provider GAC Shipping has recently appointed C Krishnakumar (pictured) as the general manager of logistics services at its Chennai office. Krishnakumar moves there from Caravel Logistics and will be responsible for the growing demands for services in the automotive and pharmaceutical industries ...
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ArticleGothenburg increases vehicle traffic in both directions
Finished vehicle numbers at the Swedish port of Gothenburg rose by 24% in the first nine months of this year, to 176,548 units. In the most recent quarter (July-September), growth was 15%, with 56,000 cars passing through the port.“Volvo is selling more cars than ever before and the shipping of ...
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ArticleWWL and Eukor settle with Brazil’s competition regulator
Wallenius Wilhelmsen Logistics (WWL) and sister company Eukor Car Carriers have agreed to pay fines totalling 28.6m reais ($8.8m) to Brazil’s competition regulator as settlement in a probe into alleged anti-competitive behaviour in the car-carrying industry.The news was released within the third quarter results announcement by holding company Wilh. Wilhelmsen ...
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ArticleIndia’s logistics landscape is set for structural change
New rules designed to support transport safety and simplify taxation are helping to create new multimodal opportunities in the nationTwo separate regulatory changes are set to impact on logistics business for transport providers and their customers in India.The first – a change to the maximum length of road trailers – ...
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ArticleBrussels gives thumbs-up to UECC Ibérica sale
Spain’s terminal operating and services company Marítima del Mediterráneo (Marmedsa) is to take a 50% stake in UECC Ibérica, the Portuguese-based firm that manages and operates the finished vehicle terminal at the northern Spanish port of Pasaia (Pasajes).The remaining 50% of the company will be retained by short-sea maritime services ...
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ArticleIMO approves major cut to maximum sulphur levels in shipping
The International Maritime Organization (IMO) has officially approved more stringent global sulphur emission requirements that must be in place by the end of the decade.The new rules were approved at the 70th meeting of the United Nations body’s Marine Environment Protection Committee (MEPC) held in London last week.By the end ...
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ArticleK Line, MOL and NYK form container joint venture
Global maritime logistics providers Kawasaki Kisen Kaisha (K Line), Mitsui OSK Line (MOL) and Nippon Yusen Kabushiki Kaisha (NYK) are integrating their respective container shipping businesses in a new, as yet unnamed, joint venture. The merger includes the companies’ worldwide terminal operations, with the exception of Japan.NYK will own 38% ...
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ArticleFire aboard vessel docked at Antwerp port
An investigation is underway into a major fire that broke out last week aboard the pure car and truck carrier (PCTC) Silver Sky when it was docked at the port of Antwerp, in Belgium.The fire is reported to have started around midnight last Thursday (October 20th) in the hold of ...
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Article
Port of Paranaguá predicts 83% rise in finished vehicle traffic
The number of finished vehicles that the Brazilian port of Paranaguá will handle in 2017 is expected to grow by 83%, compared to this year. Forecasts from operators indicate that around 163,000 units, taking both imports and exports into account, will pass through the port next year – some 73,000 ...
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ArticleDamage limitation: Reducing damage drawn by design
Trends in vehicle evolution can add to the likelihood of damage in transit. While this can be partly mitigated by routing and planning, the vehicle logistics industry can struggle to adapt fast enough... A substantial increase in popular vehicle sizes in recent years has fuelled some of the logistics issues ...
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Article
WWL and Eukor resolve alleged breaches of US Shipping Act
Wallenius Wilhelmsen Logistics (WWL) and sister company Eukor Car Carriers have made a compromise agreement with the Federal Maritime Commission (FMC) that will involve them paying out $1.5m in civil penalties to resolve alleged breaches of the US’s Shipping Act.The two companies allegedly violated Section 10(a) of the act by ...
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ArticlePeel Ports receives planning permission for Sheerness expansion
Peel Ports, one of the UK’s largest port operators, has received planning permission from Swale council to develop a 50-plus hectare derelict industrial site at Sheerness, about 80km east of London.Peel’s existing port at Sheerness, along with the port of Chatham, form the core of its London Medway cluster. The ...
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ArticleNYK extends its scope in East Africa and Asia
NYK Group has signed an agreement with Bolloré Transport & Logistics Kenya and Toyota Tsusho to establish Bolloré NYK Auto Logistics, a new joint venture in Kenya to handle imported vehicles.By the end of this year, the new joint venture will offer a variety of services at the port of ...
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ArticleDFDS invests in larger, cleaner vessels for North Sea network
European short-sea operator DFDS has finalised an investment of €134m ($148m) in two new ro-ro vessels it says will meet the growing demands of its freight customers, increase operational efficiency and reduce its environmental impact.The vessels were designed by Danish company Knud E Hansen and will be built at China’s ...
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ArticleVolkswagen charters two LNG-powered vessels
Volkswagen Group Logistics has agreed to charter two LNG-powered car-carrying vessels from Siem Car Carriers for its Europe-North America route, starting in 2019.The vessels, with a length of 200 metres and a width of 36 metres, will have a capacity of 4,500 vehicles each. The 12,600kW engine has been developed ...
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ArticleUECC takes delivery of first dual-fuel car carrier following trials
Short-sea car carrier UECC has taken delivery of its first dual-fuel vessel, the TBN Auto Eco, following ocean trials to test the vessel’s operation on liquefied natural gas (LNG). The vessel was completed at the Nacks shipyard in Nantong, China in April this year while a second vessel, the TBN ...
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Article
Neptune Lines launches Middle East ro-ro service
Greek short-sea shipping provider Neptune Lines has officially launched its new Middle East service, connecting United Arab Emirates (UAE) ports with the wider region.Neptune Lines is running the service between the UAE ports of Jebel Ali and Khalifa and the following: Shuwaikh (Kuwait), Umm Qasr (Iraq), Bandar Abbas (Iran), Sohar ...