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New owners for Forth Ports
Canada’s Public Sector Pension Investment Board is to buy out its fellow shareholder in Forth Ports Ltd, Arcus European Infrastructure Fund. After completion of the deal it plans to partner with other...
View ArticlePSP sells minority stake in Forth Ports
Canada’s Public Sector Pension Investment Board, which bought out its co-shareholder in Forth Ports last week, has now sold a minority stake in the business to a number of long term investors including...
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Stena’s battery ship completes first tests
The Stena Jutlandica has completed its first month of operation as a battery hybrid vessel on the Gothenburg-Frederikshavn route. In the first stage of test, electric power is being used for...
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PD Ports launches second Teesport rail link
PD Ports has launched a second rail service running directly between Teesport and Scotland. The service will run five days a week from the quayside at Teesport to PD Stirling Terminal at Mossend in...
View ArticleCMA CGM acquires Containerships
The CMA CGM Group has completed the acquisition of Containerships, the Finnish company specialising in the intra-European containerised trade. The acquisition is part of the CMA CGM Group’s strategy...
View ArticleASM plans for delays to new customs system
Agency Sector Management is working on contingency plans for businesses affected by the new UK’s Customs Declaration Service in case full roll-out of the new system is delayed. CDS is due to replace...
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Rhenus PartnerShip takes over ČSPL
Rhenus PartnerShip has taken over Czech inland waterway shipping company ČSPL in November to expand its European inland waterways presence. ČSPL’s transports bulk commodities, containers and project...
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SEKO partners with ShipStation
SEKO Logistics has partnered with ShipStation to increase its e-commerce merchants’ ability to grow in new cross-border markets. The partnership enables merchants to connect to SEKO Logistics via...
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British Gypsum awards contract to PD Ports
PD Ports has signed a multi-million pound five-year bulk handling contract with plaster and plasterboard products manufacturer British Gypsum at Teesport. British Gypsum will bring shipments from...
View ArticleMaersk sets out 2050 CO2 targets
A.P. Møller – Maersk has set out its goal to reach carbon neutrality by 2050 and aims to have carbon neutral vessels commercially viable by 2030 as part of this goal. The acceleration in innovations...
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ABB trials remotely operated passenger ferry
ABB and Helsinki City Transport trialled the remote operation of passenger ferry Suomenlinna II through a test area near Helsinki harbour, demonstrating the possibility of human oversight of vessels...
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DP World acquires Unifeeder
DP World has acquired the Unifeeder Group, valued at €660 million, which operates a container feeder and shortsea network in Northern Europe with connectivity to 100 ports, serving both deep-sea...
View ArticleShippers call for end to liner shipping block exemption
The Global Shippers Forum has called on the European Commission to revoke and replace the Consortia Block Exemption Regulation (BER), which allows shipping lines with a combined market share of below...
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Containers lost from MSC Zoe in storm
MSC Mediterranean Shipping Company has called in a salvage company to coordinate the retrieval of cargo lost from the MSC Zoe in heavy weather in the North Sea on 2nd January. The Dutch coastguard...
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P&O Ferrymasters launches services between Turkey, Italy and Belgium
P&O Ferrymasters has launched new intermodal services from Pendik, Ambarli, and Mersin in Turkey to the Free Port of Trieste in Italy, with rail links to its Rotterdam and Zeebrugge hubs. The new...
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New handling equipment for DP World
DP World has invested in two new Hyster empty container handlers which will allow it to create more capacity in the terminal’s empty park. The container handlers can tandem lift two empty 40ft...
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Maersk and MSC switch to Liverpool Port permanently
M2 Alliance partners Maersk and MSC have confirmed that Peel Ports Liverpool is to be a permanent call on its TA4 service connecting Europe with several US ports. The move follows on from continued...
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DP World to acquire Chilean logistics company
DP World has entered into an agreement to acquire 71.3 per cent stake in Puertos y Logistica S.A., (Pulogsa) and will offer US$502 million to acquire all outstanding shares of the business in...
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Port of Felixstowe and DFDS increase capacity
The Port of Felixstowe and Danish ferry operator DFDS have agreed to invest in a new linkspan, tractor units and additional trailer parking facilities to increase roll-on/roll-off capacity at the UK...
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Maritime 2050 strategy
The government has launched a new maritime strategy which outlines short, medium and long-term proposals to better position the UK as g global centre of emerging technology and world leader in the...
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