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Kawasaki Kisen Kaisha (K Line) is to acquire the 50% stake it does not already own in heavy lift specialist SAL Group. K Line said it had reached agreement with the joint ventures part to acquire the remaining 50% of SAL by the end of June. The Japanese shipowner took a 50% stake in Hamburg-headquartered SAL in 2007. “With the current economic rebo...
A group of major shipping lines has selected the Port of Charleston for a new, all-water service connecting the growing Southeast US region with South Korea and Central and South China. The South China East Coast Express 2 (SCE2) service, a joint service operated by the Grand Alliance carriers of Hapag-Lloyd, OOCL and NYK Line, along with ZIM Integrated S...
At a recent ceremony at its Lingang campus – attended by Shanghai Maritime University (SMU) academics, local dignitaries and representatives of, among others, COSCO, China Shipping, Costamare and MAN Diesel & Turbo – SMU officially opened its new teaching facility. The facility took two years to build and comprises 2,100 square metres of ...
AN increasing number of mergers and acquisitions in the third party logistics (3PL) sector is expected following recent announcements that Caterpillar Inc and Horizon Line are seeking buyers for their logistics businesses. Or so says Richard Armstrong, chairman and CEO of Armstrong & Associates in Stoughton, Wisconsin, a consulting firm, which has not...
MANCHESTER's TDG (Transport Development Group) will launch a TEU/FEU and ISO tank container service to move dangerous goods at its Thurrock depot which handles Tilsbury, Thames and Felixstowe consignments. The service will comply with the European Agreement Concerning The International Carriage Of Dangerous Goods By Road (ADR) at its TDG Thurrock unit th...
UK TRAILER size will be increased to two-metres for articulated heavy goods vehicles within the existing weight limit of 44 tonnes to reduce emissions by around 100,000 tonnes, according to a consultation of 170 freight, logistics and retail organisations by the Department of Transport (DfT). Kent-based Transport Engineer magazine reports that Freight Tra...
DANISH shipping giant Maersk Line is offering the weekly AE15 service from China to Mediterranean ports, with a slot swap agreement with CMA CGM, that deploys eleven 8,500-TEU ships and calls on both banks of the Pearl River. "This means less risk of operational difficulties with barges, trucks, or missed mother vessel connections," said the company state...
THE world's biggest ships will soon join CSCL, Evergreen, CMA CGM and UASC's Far East to north Europe AEX 7/FAL 2/AEC 8 services with ships between 10,000 to 14,000 TEU, increasing the strings capacity 30 per cent, reports Alphaliner. After phasing out the 8,500 to 9,500-TEU ships on the route, replacements will be the 13,100-TEU Unn Salal, sailing fro...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi
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