Duisport is not Tollerort
In Germany, Cosco has sold its shares in the Duisburg Gateway Terminal (DGT) to Duisport, the operator of the port of Duisburg, as it was announced recently. The Chinese player had held 30% of the shares. So far, neither party has not disclosed what lies behind this step.... more
Changes at the helm of TAM Americas
TAM Group, a leading GSA/GSSA in Asia and the Americas, has announced several senior-level appointments (pictured fltr), coinciding with the opening of new offices in North and South America. Fernando Garreton has been promoted to VP Americas to lead the group’s foray into... more
A twin operation in India
Röhlig Logistics is opening two offices in India at the same time. The sales offices in Ludhiana, Punjab and Bhubaneswar, Odisha, have now come on stream. Röhlig has identified India as one of the fastest-growing economies worldwide, being the target of many global players... more
Mars Logistics now on French soil
Mars Logistics, a logistics branch of the Japanese group Hitachi Transport System and a former Turkish brand, is continuing its expansion in Western Europe. The company recently started operations in France, leasing warehouse space of about 5,200 sqm within GLP's Logistics Park... more
Vessels Value's outlook on newbuilds
Rebecca Galanopoulos Jones, senior content analyst at Vessels Value, has underpinned current developments on the maritime container market with the latest data. While volumes on the main trade lanes are slowing despite congestion, container traffic continues to decline gradually... more
2M reshaping the Transpacific
Carriers are continuing to readjust their shipping capacities to decreasing demand. Now, the 2M Alliance of Maersk and MSC has bundled the TP1/Maple and TP9/Eagle services into a new offering. The first sailing of the new consolidated TP1/Maple service will be on 28 October... more
Trucks to link Zhuhai and Hong Kong via Macau
Nippon Express has launched a cross-border transport service connecting Zhuhai and Hong Kong by truck via the Hong Kong–Zhuhai–Macau Bridge (HZMB). Due to the spread of Covid-19 infections, severe traffic restrictions are still in place between Shenzhen and Hong Kong in... more
On track for more railfreight in Australia
Port Botany in NSW Australia and Patrick Terminals are investing AUD 190 million (EUR 122 million) in extra rail capacity to address long-term demand in a sustainable way, by reducing CO2 emissions and the use of trucks, as trade volumes increase. The strategy was recently... more
Iumi council announces changes at the helm
The International Union of Marine Insurance (Iumi) council has appointed a new president, a vice president, a new executive committee and nominating committee members for 2022/23. Frédéric Denèfle, managing director of French marine war risks specialist Garex, has been... more
Louisville: 3,359 fraudulent IDs in one week
For the second time in a week, US Customs and Border Protection (CBP) officers in Louisville (KY) discovered 2,265 counterfeit driver’s licences inside an inbound package at Louisville’s Port of entry on 19 October 2022. The first seizure of more than 1,000 fake IDs occurred... more