Tuesday 13th Nov 2018 - Logistics Manager Magazine

Viewing all Ocean Freight articles

ASM 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.

CMA CGM acquires Containerships

The CMA CGM Group has completed the acquisition of Containerships, the Finnish company specialising in the intra-European containerised trade.

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 Glasgow.

PSP 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 GLIL Infrastructure, First State Super, and Construction and Building Unions Superannuation.

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 long term investors in the business.

Southampton acts on box congestion

DP World Southampton has set out a series of measures, including extended weekend opening hours, to deal with container congestion at the port which is says it affecting productivity.

SOLAS rules ‘misused’, says GSA

Shipper anger at fuel surcharge

The European Shippers’ Council has criticised the way the container shipping lines are planning to cover the higher rate of low sulphur fuel.

Sulphur surcharge ‘blatant profiteering’

Plans by shipping lines to introduce a “sulphur surcharge” are “unjustified and blatant profiteering”, according to the British International Freight Association.