By Mike Wackett
The east-west P3 vessel-sharing agreement between the world’s three biggest container carriers has cleared its second regulatory hurdle, the EU Competition Commission. The European Commission informed Maersk Line, MSC and CMA CGM it had decided not to investigate the P3, and its alliance rival the G6, over any antitrust issues. However, competition commission spokesman Antoine Colombani said: “The commission will follow market developments and will remain vigilant as regards any risks for competition that may arise from the implementation of P3 or G6. “The commission will consider intervening, if necessary.”
Richardson International Limited has more than doubled its capacity at Port of Thunder Bay by re-opening the Current River terminal, which was part of the Viterra acquisition last May.
Montreal Gateway Terminals Partnership (MGT) announced successful implementation of its Navis N4 terminal operating system. The new system will help MGT optimize terminal productivity and enable further enhancement of service delivery.
The implementation was a migration from Navis’s legacy software SPARCS and an internally developed data host system to N4, Navis’s latest generation terminal operating system. N4 allows customers to run their operations from a single terminal to multiple terminals spanning numerous geographic locations managed from one central location. By consolidating all systems on one platform, the move enables MGT to modernize its IT infrastructure, optimize terminal efficiency, and facilitate ongoing logistics innovations.
“This is one of a series of technical and operational implementations in the planning or execution stages,” explained MGT CEO Michael Fratianni. “Thanks to Navis and a highly motivated project team led by MGT IT Director Yannick Lacroix, the system roll-out was a flawless success in terms of system performance, stability and user acceptance.”
“From the project’s inception we worked closely with MGT to ensure a smooth transition,” said Chuck Schneider, General Manager, Americas for Navis, “We look forward to continuing our partnership through ongoing system maintenance, software trainings and knowledge sharing.”
By Mike Wackett
The number of laid-up container ships has fallen to a 30-month low, according to Alphaliner, which recorded just 146 ships of over 500 TEUs idled as of May 19 – equating to capacity of 344,000 TEUs. This level represents just 1.9 per cent of the world fleet, having shrunk by 56 per cent from the peak of 774,000 TEUs in February. The idle fleet has partly been depleted by a rush to scrap vessels, which has accounted for over 250,000 TEUs of deletions so far this year, said Alphaliner.
By Alex Lennane
Conflicting market data is skewing visibility in the airfreight sector. April saw the second consecutive month of airfreight rate increases, according to Drewry’s East-West index, which follows 21 trades. The index of weighted averages rose 1.5 points last month, bringing it to the highest level since the end of last year, at an average all-in rate – including surcharges – of $3.38 per kg for airport-to-airport services.