November 2011
Chilean shipping line CSAV has refuted reports that it has asked its financial advisor to find a buyer for its container business. While the operator said it had implemented a “profound” restructuring plan to tackle the challenges faced by the company and the industry, its plan “involves the search for a strategic partner for our container business” but its financial advisor Celfin Capital had not been specifically instructed to find ...
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The Government has formally given the go-ahead to the port of Dover's planned second ferry terminal (Terminal 2). The trust port, which is also in the middle of a privatisation plan, said that the £400 million scheme would go ahead “when market conditions require its construction” and would effectively double ...
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ABP said on 28 November that the development of Grimsby River Terminal (GRT) would go ahead – the largest ever capital investment in the port – alongside a new long-term agreement with Volkswagen Group. ABP will invest over £25 million in the new terminal on the river Humber, offering significantly ...
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PD Ports' specialist stevedoring team received five wind turbine shipments from Danish freight forwarders, Bluewater Shipping in ABP's port of Immingham recently. The 80 metre high Vestas-built turbines, (four times as high as the Angel of the North), were part of a project for 22 complete turbines and is the ...
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FedEx Express has teamed up with Action for Children to deliver support to the UK's most vulnerable children and young people with a month-long charity drive by the two organisations. As part of the FedEx Cares program, more than 43 employees spent 427 hours volunteering their time, skills and fundraising ...
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Think again on sulphur rules, says ferry group Trade association Interferry is warning that operators in northern Europe face a near-impossible choice in trying to meet the 2015 deadline for ultra-low sulphur emissions from bunker fuel. It said that the legislation would also lead to a shift from short-sea to ...
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The Famous Pacific Shipping Group resolved to increase membership of the worldwide network of forwarders in specific geographical areas, following its AGM. The Asia-based NVOCC and freight forwarding network said it planned to recruit new member companies in growing global market, mainly the former Soviet bloc countries in East and ...
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Aramex has launched a joint venture company with Sinotrans Air Transportation Development (Sinoair), as part of the Middle East-owned logistics provider strategy to expand its presence in key global emerging markets. Sinoair is the leading provider of freight forwarding, international and domestic express, cargo transportation and logistics services in China. ...
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Yusen Logistics (UK), the NYK Group's forwarding arm, has moved its Leeds operation from Castleford to a new operation in Stourton, south east of the city.
The new facility is an integral part of Yusen Logistics' high-security network and operates as a cross-dock platform and storage facility, and will play a ...
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'Piggyback'-style operation between Spain and the UK has moved a step closer with the authorisation of the Modalohr type wagon for use in the Channel Tunnel.
Modalohr wagons, built by LOHR Industries, are already used on dedicated rail freight corridors across France. Their low level, articulated design allows side loading of ...
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