Tag Archives: Containers

M&A-led growth strategies will boost dominance of global terminal operators

According to Drewry’s latest report M&A-led growth strategies is quickest route to build market share.

Increased privatisation activity and M&A-led growth strategies will propel leading regional container terminal operators and container shipping lines into the global terminal operator (GTO) rankings next year, according to Drewry Shipping Consultants Ltd’s latest Global Container Terminal Operators Annual Review and Forecast.

Hapag-Lloyd AG, Ocean Network Express, Adani Ports and SEZ and AD Ports Group are all set to feature in next year’s league tables, said the consultant. “While the position of the largest global terminal operators at the top of the rankings look secure, the number of companies seeking to invest in the global ports market has increased in recent years. However, with global container port volumes increasing by just 0.5% in 2022, M&A has emerged as the quickest route to build market share.”

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StopLoss guidance on temperature-controlled cargo

TT Club release a good practice guide for operating, packing, unpacking or handling temperature controlled, reefer cargo transport units.

Technological advances in digitalisation, telematics and smartcontainers will help mitigate risk and reduce loss in the temperature controlled supply chain. But much still relies on human intervention and “the current loss profile could be significantly improved through deeper understanding of the common risks, improved communications and implementing robust checking processes throughout,” says insurer TT Club.

The Club has recently published a new edition of its TT Brief practical guidance document for those involved in the operation, packing, unpacking, inspection and handling of refrigerated cargo transport units. The Brief addresses the main issues that result in damage to cargo through the temperature controlled supply chain and highlights risk mitigation strategies and ‘red flags’

TT’s StopLoss guidance on temperature-controlled cargo also gives detailed insight into the primary areas of risk, with advice on loss mitigation and good practice for all stakeholders in the cold supply chain.


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Two more banana container ships for Chiquita

The 2700TEU capacity ships operated by Great White Fleet division have been put into service for banana exports from Central America into the USA.

Photo by Sophie Dale on Unsplash

Chiquita has added two more container ships to its in-house fleet, operated by its Great White Fleet division. The 2700TEU capacity ‘Chiquita Voyager’ and ‘Chiquita Explorer’ have been put into service for #banana exports from Central America into the USA.

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Offshore sea containers for the oil and gas industry

Offshore sea containers for the oil and gas industry

The oil and gas industry is one of the most highly regulated industries in the world regarding safety because of the potential harm that can be done to people, the environment, and property. The offshore sector requires safe equipment to operate in a potentially hazardous environment.

Therefore, it comes as no surprise that the offshore industry in many places has generally required that equipment comply with the ATEX Directive 2014/34/EU. This is because compliance means that the equipment has been designed to a much higher standard from the point of view of integrated explosion safety.

Read more here from Klinge.

Moving wine in containers

Wine requires special attention when moving, particularly in containers

Photo by Kelsey Knight on Unsplash

Like other perishable goods, wine is sensitive to external factors and needs careful transportation, especially in containers.

Read more from Intermodal News EU here

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Container tracking here to stay

Some 25% of container shipments will be fully tracked after 2026

Some 25% of container shipments will be fully tracked after 2026, a response to continued uncertainty and disruption in container supply chains, according to industry experts Drewry. Reefer and intermodal containers are included within the Drewry findings with 40% of these containers fitted with tracking.

 

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Hapag-Lloyd equips all its containers with tracking devices

The move follows fitting its entire reefer fleet with monitoring devices in 2019

Photo by Philippe-Oursel on Unsplash

The company fitted its entire reefer container fleet with real-time monitoring in 2019. Now it will install newly developed devices to all standard containers of its 3m teu fleet. This is seen as significant advance for liner shipping supply chain visibility.

Read more from Splash24/7

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Growth in perishables sector drives increase in container fleet

Huge growth in global container fleet in 2021 driven by perishables sector growth

Photo by Christian Lue on Unsplash

Growth in perishables sector drives increase in container fleet.  The global fleet grew by 14% in 2021. Continued growth in the perishable products sector, beverages and the bulk chemical and liquids markets are driving demand for both reefers and tank containers.

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Container shipping’s 2022 outlook

Container shipping's 2022 outlook - another record year ahead for shipping lines?
containers

Photo by Barrett Ward on Unsplash

Container shipping’s 2022 outlook – will this year be even more lucrative than 2021? Shipping lines reported record profits last year, and the consensus is that this year will be ‘extremely strong for ocean carriers and extremely expensive for cargo shippers’. 

Read more from FreightWaves

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Korea

Korean companies to build containers in Vietnam

New venture includes Ace Engineering, manufacturer of the 'Ultra-Freezer' reefer container
Korea

Photo by Bundo Kim on Unsplash

Korean state-backed ship finance provider Korea Ocean Business Corporation (KOBC) is supporting Korean companies to build shipping containers at a factory in Vietnam. KOBC has partnered with a number of companies including Ace Engineering, which currently produces the ‘Ultra-Freezer’ specialist reefer container. 

Source:  WorldCargo News

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