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Rotterdam and Singapore ‘face highest risk of post-Suez congestion’ Apr 25,2021
Container Terminals in Rotterdam are likely to remain under the greatest pressure and the highest risk of congestion in the aftermath of last month’s Suez Canal blockage – as ocean carriers consider offloading cargo at major hub ports, skipping subsequent port calls, and turning ships arou... [learn more]
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Jens Wollesen to join Hellmann as COO Apr 25,2021
BLG Logistics director and former Kühne + Nagel senior executive Jens Wollesen is to become a member of Hellmann Worldwide Logistics’ management board from 1 January 2022, taking on the role of Chief Operating Officer (COO) alongside Reiner Heiken (CEO) and Martin Eberle (CFO).In the ne... [learn more]
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Maersk accelerates new container availability to alleviate equipment shortages Apr 23,2021
The world’s largest container line Maersk is accelerating the addition of new containers into its fleet in response to continuing and in some cases worsening equipment shortages in various parts of the world that are limiting lines’ ability to take on new bookings.In an update to customers... [learn more]
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Asia-Europe ocean rates rise due to Suez complications Apr 23,2021
The delayed but anticipated impact of the Suez blockage on Asia-Europe container flows and freight rates finally kicked-in this week, with Asia-North Europe rates climbing by around 6% to an average of $7,762/FEU, after falling 14% since February through to last week, new analysis by freight digitalisation an... [learn more]
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Giant sails on cargo ships could slash CO2 emissions by 30% Apr 23,2021
Fitting sails to cargo ships and sailing more slowly could reduce greenhouse gas emissions from the shipping industry by up to 40% – or possibly more as technologies improve – according to a new report from the Institution of Mechanical Engineers (IME).The institution recently supported a ... [learn more]
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SNCF poised to sell rail freight wagon unit for €3bn Apr 23,2021
Heavily indebted French railways SNCF is on the point of concluding the sale of its rail freight wagon management arm, Ermewa, for more than €3 billion to a consortium of institutional investors, according to French business newspaper, Les Echos.The publication went on to speculate whether offloadi... [learn more]