Friday, December 2, 2016

Global Freight and Logistics News Round Up

What's Happening in the Shipping Industry Outside of the Headlines?
Shipping News Feature
PHILIPPINES – Dampskibsselskabet Norden A/S has entered into a 10-year contract with the Philippine energy company GNPower to transport coal to their power plant in the Bataan province on Luzon Island in the Philippines. The contract comprises transportation of 20-24 million tonnes of coal to the power plant and starts in the first quarter of 2017. In terms of volume, this makes it the largest contract in the history of Norden.

AUSTRALIA – More coal related transport news sees rail freight operator Genesee & Wyoming Australia (GWA) complete the proposed acquisition of Glencore Rail (GRail) for A$1.14 billion. In conjunction with the acquisition of the GRail business, which includes nine train sets (30 locomotives and 894 wagons), a long-term, take-or-pay contract with Glencore Coal Pty Limited (GC) has been entered into, subject to existing agreements and certain limitations, to exclusively haul all coal produced at GC’s existing mines in the Hunter Valley to the Port of Newcastle.

SWITZERLAND – Global logistics provider Agility received the Third-Party Logistics Company Award at the 2016 Automotive Supply Chain Global Awards, which recognized the company for its work on behalf of one of the world’s leading automakers. Mohammed Esa, Senior Vice President of Global Business Development at Agility said:

“Supply chains in the auto industry are among the most complex and challenging you can find. This win is recognition that we can help customers improve management of their supply chains anywhere in the world.”

UK – Continuing with Agility, the company has just extended its partnership with international events venue ExCeL London through to 2019, continuing its role as ExCeL’s official logistics partner. David Richards, European Regional Director for Agility Fairs & Events, said:

“We have been working with ExCeL since 2012, and our on-site presence gives us an unrivalled knowledge of the facility. This win demonstrates our successful track record of delivering world-class logistics services at ExCeL. We look forward to continuing to work in partnership for the benefit of the venue’s event organizers and exhibitors.”

UK – London Thamesport has signed an agreement with UK shipping agent and logistics company The Armitt Group for a purpose-built, 120,000 square feet specialist steel handling facility at the Kent port. Construction of the first phase of 60,000 square feet is well underway and once completed the facility will offer multimodal connections for breakbulk cargo handled in the South East of England. Commenting on the agreement, Clemence Cheng, Managing Director of Hutchison Ports Europe, owners and operators of London Thamesport, said:

"We welcome this partnership with The Armitt Group at our London Thamesport facility. The investment demonstrates the port’s advantages for multi-purpose, as well as containerised, cargoes. As well as a renowned ship’s agency, the Armitt Group is one of the UK’s leading specialists in the handling of steel products and the excellent combination of deep-water and multimodal rail and road connections at London Thamesport will provide it with a platform from which to develop its business."

Kuehne + Nagel has taken a year’s lease on a new warehouse facility in Derby adjacent to the Rolls Royce aeronautical plant. Unit F on the Sinfin Commercial Park is 66,383 square feet and will be used by K+N as its newest distribution facility.