Loggers, Food Exporters Impacted From China's Virus
The economic impact of China's coronavirus lockdown is being felt across the globe, with exporters, miners and manufacturers of everything from coal and timber to meat and fruit facing delays and potential shipment cancellations.As the most populous nation and factory floor for most of the world's manufactured goods, China is normally the largest and most voracious consumer of a slew of global raw materials, fuels and foods.But the combination of an extended Lunar New Year holiday…
BREAKBULK SHIPPING: Breakbulk Breaks the Mold
In the cargo shipping world, there’s the bulk sector, the container segment, and then, there is “everything else.”When it comes to ‘everything else,’ breakbulk is the cargo that resides in between, comprising much of that remainder, including forest products (lumber, baled pulp) and steel. Breakbulk may, at times, share space on multipurpose vessels that also handle heavylift and project cargo, but can also be transported on vessels that handle drybulk. Prior to the advent of containerization, bales, barrels and pallets dominated.
Peel Ports Expands London Medway
Peel Ports, Britain's second largest group of ports, has expanded its proposition at London Medway with a GBP5.5million investment to replace the Royal Bridge Pontoon.The upgrade work includes a new 12m wide, 45m across ramp, which will allow larger stern ramp RoRo vessels to berth at the port and increase the overall capacity for throughput.It comes as new opportunities in the unaccompanied freight and automotive sectors brings new customers to the port, with the facilities able to support a higher volume of larger vessels.The forestry industry…
Port of Kiel: Ostuferhafen Access Area Restructured
The Port of Kiel has begun the partial demolition of a former grain storage facility as part of a plan to completely restructure the access area to the Ostuferhafen. The demolition along with the integration of adjacent areas will free up 2.8 hectares in the port access area on which expanded hard standing space can be created for trucks, trailers and cars. So far, separated pre stowage sectors can now be combined outside the ISPS-zone.Dr. Dirk Claus, Managing Director of the Port of Kiel (SEEHAFEN KIEL GmbH & Co.
ATCO Buys 40% Stake in South American Port
Calgary-based natural gas, electrical and real estate giant ATCO is getting into the transportation business after buying a 40-per-cent stake in a South American port operator Neltume Ports for about CAD$450 million (USD$340 million).Neltume Ports, a subsidiary of Ultramar, operates in 16 port facilities and three stevedoring businesses primarily located in Chile and Uruguay. “This acquisition represents an important milestone in the execution of ATCO’s long-term strategy to diversify…
Hamburg Süd “Top Ranked Carrier” For Third Time in a Row
Hamburg Süd has been a reliable and efficient partner of US shippers of agricultural and forestry products for many years. For its outstanding performance, it was recently honored as “Top Ranked Carrier” for the third year in a row by the Agriculture Transportation Coalition (AgTC), the largest association of exporters of agricultural and forestry products in the United States. The award ceremony was held in mid-June. “Hamburg Süd won’t become complacent just because of the success it has seen so far,” says Jürgen Pump, Senior Vice President of Hamburg Süd North America, Inc.
Forest Products Shed Opens in the Ostuferhafen
Another warehouse for Russian forestry products was inaugurated in the Ostuferhafen on Tuesday January 9th. The new Shed 12 was built inside just six months and represents an investment of € 1.5 million ($1.78 mln). The Managing Director of the Port of Kiel (SEEHAFEN KIEL GmbH & Co. KG) Dr Dirk Claus said “We are investing in our trade relations with Russia and want to further cement our co-operative partnership with Jacob Jürgensen Wood GmbH.” The Hamburg-based trading company has signed a long-term rental contract for Shed 12 with the port.
New Kent Radar for Port of London Authority
The Port of London Authority (PLA) has broken ground for the construction of a new radar tower in Northfleet, Kent, as part of the 18-strong radar network it operates, overseeing safe navigation on the UK’s busiest waterway. The PLA is investing £1 million in replacing the existing Northfleet radar, located on Tarmac’s riverside office building, with a new 50-meter tall tower that will house the latest, energy efficient system. Tarmac’s Northfleet site is ideally located, offering excellent line of sight along two busy reaches of the Thames…
Vancouver Commends Canada-S. Korea Trade Agreement
Port Metro Vancouver issued an announcement welcoming news of the signing of the Canada-Korea Free Trade Agreement yesterday in Ottawa. The agreement will significantly boost Canada’s trade with South Korea, as well as provide strategic access for the Canadian import and export market to a key gateway to the wider Asia-Pacific region. “This is a historic agreement,” said Robin Silvester, President and CEO, Port Metro Vancouver. “South Korea is the port’s third-largest trading market, and an important trade partner for Canada in Asia.