Shipping and Ports – Page 33
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ABP launches £3.5 billion property arm with 960-hectare land bank
Associated British Ports (ABP) has launched a property development and investment business called ABP Property, worth £3.5 billion ($4.6 billion).The company owns sites in and around 21 major UK ports and said it had a ‘land bank’ of 960 hectares ready to accommodate new logistics, assembly, manufacturing and other business ...
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Iquique carves out role in Chilean automotive import sector
The Chilean port of Iquique has unloaded nearly 8,000 finished vehicles in the last 15 days, headed to dealers in the local area, according to reports in the local maritime information source Mundo Maritimo.The vehicles were processed by terminal operator Iquique Terminal Internacional (ITI) and moved to the dealers through ...
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Jaxport to boost car handling capacity by 25%
The US port of Jacksonville in Florida is adding 40 hectares of processing and storage space at the Dames Point Marine Terminal. Construction will begin in January.The port authority (Jaxport) said it would be a multi-million-dollar expansion, supported mostly by private investment but with some government funding.In the first phase ...
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New awards celebrate excellence and innovation in automotive supply chains
The Automotive Logistics Group, which publishes the highly respected Automotive Logistics magazine as well as organising a series of global logistics conferences, has today announced the launch of an exciting new awards scheme for the automotive supply chain management sector.The Automotive Logistics Awards – Europe 2018 will recognise and reward ...
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WWL reports positive third quarter thanks to ocean trade and cargo mix
Wallenius Wilhelmsen Logistics (WWL) has reported strong results for the third quarter this year thanks to what it called "continued positive development in ocean volumes and cargo mix" across global lanes, including shipments of mining equipment. The company also said that progress was being made in its organisational restructuring and ...
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Summit report: Indian industry must turn reforms into progress
Discussions at this year’s Automotive Logistics India Summit in Chennai may have sounded remarkably familiar to those who attended the very first conference a decade earlier: infrastructure deficits, underdeveloped connections, a lack of rail transport options, a fragmented logistics market, a highly bureaucratic and unproductive customs regime, and the proliferation ...
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Brunswick increases vehicle handling capacity by 50% in a year
Brunswick port, in the US state of Georgia, has reported an increase in its vehicle handling capacity at the Colonel’s Island terminal of 50% during the last 12 months.According to the Georgia Ports Authority (GPA), the ro-ro terminal has expanded storage from 60,000 spaces in 2016 to 90,000 spaces today, ...
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ABP opens Pacific Terminal at Southampton as part of major investment
Port operator Associated British Ports (ABP) has officially opened a new vehicle terminal at the port of Southampton in the UK as part of a £50m ($65.6m) investment first announced in September last year.The Pacific Terminal was opened by the minister of state for international trade, Greg Hands (pictured, left, ...
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Regulatory change in Brazil boosts exports and production
Attempts to simplify and reduce the bureaucracy that has been hampering Brazil’s ability to trade with other countries in South America seem to be working, with export demand helping to drive up production in the country, along with stronger domestic sales.According to the Ministry of Industry, Overseas Trade and Services, ...
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CLdN deploys new-build Celine to support trade between Europe and Ireland
European short-sea operator CLdN has put its newest vessel, MV Celine, into operation for vehicle shipments between Belgium, the Netherlands, Ireland and the UK.The Celine is the first of a new generation of ro-ro vessels CLdN is expanding its fleet with and was delivered from the Hyundai shipyard in South ...
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NYK bids to take full ownership of its Yusen Logistics subsidiary
NYK has tendered an offer to take 100% ownership of its subsidiary Yusen Logistics, with a buyout offer equal to 25.6 billion yen ($224.8m).The Japanese shipping company currently owns 59.5% of Yusen Logistics, which was established in 2010 through the combination of NYK Logistics and Yusen Air & Sea Services. ...
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Gefco invests in expansion to meet demand in vehicle traffic through Portbury
The UK division of transport and logistics operator Gefco has reported an increase in turnover at its facility in Portbury last year to £12m ($16m), following an extensive overhaul of facilities and technical services for its OEM customers, including its former owner PSA Group. Further unspecified increases are forecast for ...
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Vehicle handling through Sagunto continues to surge
Automotive traffic through the Spanish port of Sagunto, administered by Valenciaport, has continued to grow significantly so far this year.In the first three quarters of the year, the port handled 170,217 finished vehicles – up 28% over the corresponding period in 2016. While general cargo also grew by 24% over ...
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FCA seeks reparations from global ro-ro carriers for Shipping Act violations
Fiat Chrysler Automobiles (FCA) has sent a complaint to the Federal Maritime Commission (FMC) seeking damages from six shipping companies it says acted to suppress competition for ro-ro services it purchased along with other carmakers.The move follows action taken by the US Department of Justice (DoJ) after an investigation into ...
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Production & logistics part 2: Questioning the future
This article is one of a series of pieces celebrating Automotive Logistics’ 20th anniversary issue that together take an extended look at the way top executives feel automotive production and logistics have changed in the last two decades – and where they see them heading in the future.
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Operations get underway at Ekol’s Yalova ro-ro terminal
Ekol Logistics has started processing cargo through its Yalova ro-ro terminal in north-west Turkey, following an investment of €40m ($47m).The first shipment of freight was sent to the northern Italian port of Trieste aboard Alternative Transport’s ro-ro vessel Qezban. Ekol has a 65% stake in Europa Multipurpose Terminals, which handles ...
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Ford EcoSport production starts in Romania
The first EcoSport compact SUV to be produced at Ford’s Craiova plant in Romania rolled off the line this week, following a €200m ($235m) investment.The company said the decision to build the model on the continent rather than continue to import it from its plant in Chennai, India, would help ...
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This changing world…
Click here to access more Automotive Logistics 20th anniversary featuresOver the past two decades a number of major global events have had a significant impact on global automotive supply chains, from new technologies, external disruptors entering the industry, catastrophes (both manmade and natural), and political earthquakes.There is little doubt ...
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K-Line and Agunsa launch KAR Logistics to target rising vehicle imports
Chilean multinational logistics agency Agunsa has teamed up with Japanese shipping firm K-Line to form a dedicated automotive logistics company, KAR Logistics.The new company, which will operate in Latin America, has been created to help meet rising automotive import traffic in the region, especially in Chile.In a press statement, Agunsa ...
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Beijing Changjiu Logistics: Independence, investment and internationalisation
Beijing Changjiu Logistics has grown to become one of the largest third-party providers serving the automotive sector in China, both for handling parts and especially for finished vehicles, of which last year it moved 3.08m. The company began its life in 1992 as Jilin Changjiu Logistics but registered as Beijing ...