by CanadianSailings | Jun 23, 2014 | Business and Economy, Government and Regulation, Ocean, Ocean Carriers, Other, Supply Chain and Logistics
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...
by CanadianSailings | Jun 23, 2014 | Other, Ports and Terminals
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.The Current River terminal, which has a storage capacity of 235,000 tonnes,...
by CanadianSailings | Jun 23, 2014 | Other, Ports and Terminals
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...
by CanadianSailings | Jun 23, 2014 | Government and Regulation, Ocean, Other
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...
by CanadianSailings | Jun 23, 2014 | Air, Business and Economy, Other
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...
