Port News

 

Port of London 

 

 

 

 

 

 

 

 

 

 

 

DP World London receives the largest container ship

U~ACS's M.V. Al Muraykj is on its way to London carrying a world record of 18,601 TEU.

Port Arthur, Texas 

Cheniere Energy Houston has started production  at its Sabine Pass liquefied natural gas terminal in Louisana. Its main target market is Europe and the terminal has six plants know as trains which are used for chilling the natural gas.

Port of Salalah (northern part of the Indian Ocean)

The port has opened a new deep water general cargo and liquid bulk terminal.  This new addition to the terminal will add 20 million tonnes of dry cargo  as well as 6 million tonnes of liquid bulk cargo. The port is operated by APM Terminals.

Company News

 

Grimaldi Group's ACL has taken delivery of the Atlantic Star the first of five new G4 con-ro vessels being built in China. The vessel will join the transatlantic services having being launched in Liverpool. The remaining vessels will be delivered during the first half of 2016

UPS to build parcels hub at London Gateway

The facility is expected to be completed in the summer of 2017.

DP World to become sole owner of Southampton container port

DP World has aquired the remaining 49% stake in the port from ABP

Trade News

 

 No further Eurozone expansion during the next few years

 

The eurozone is not expected to welcome any new members in the coming years, as the region's long crisis seems to have put some countries off, deputy European Commission chief said in a newspaper interview Monday.

Law

 

Top EU court rules against Scottish minimum drink price law

The EU's top court ruled Wednesday that Scotland's minimum price system for alcohol, designed to stop people "drinking themselves to death," was contrary to EU law.

Air News

 

IAG Cargo has extended its Cargo Connector service to include deliveries as well as pick-ups in the USA; San Fransisco, New York, Los Angeles, Chicago, Dallas, Atlanta, Seattle and Houston for shipments less than 300 kilos

Turkish Airlines is operating a weekly Thursday Airbus A210 freighter service from Istanbul Ataturk to London Stansted.

Lufthansa Cargo is to to make permanent its weekly freighter service to Ho Chi Minh City, Vietnam after a trial period.

Panalpina is to acquire a majority stake in Airflo based in Kenya and the Netherlands and with a speciality cargo exporting flowers and vegetables

UPS is expanding its Worldwide Express Service to more than 41,000 new postal codes around the world including1,371 in the UK

IAG Cargo has introduced its first Boeing 787-9 on its London - Delhi route with a capacity of 22 tonnes each day. Further expansion is expected.

General News

 

City banker loses job after admitting £8,000 fare-dodging scam
A city banker who spent two years commuting to work using a photocopy of a train season ticket has lost his job after pleading guilty to the £8,000 fraud.

Westminster Magistrates’ Court heard that the father of three had twice been given an interest free loan of around £4,000 by his employer, Citigroup, which he used to purchase an annual season ticket, known as a gold card

Rail Franchises are monopolies that need scrapping

by Adrian Quine

If you are smarting at increased rail fares introduced this weekend (some are rising by as much as a third!) you might be forgiven for wondering how complacent railway companies get away with it year after year. What happened to privatisation? What about competition driving down fares? Thankfully, however, some good news might be about to pull into the adjacent platform.

"The last two decades have seen airlines rival each other to innovate with low fares and on-board service. But the franchised rail model has seen the exact reverse"

Hundreds of buses to be fitted with green technology to cut air pollution. 

 

The government has announced new money for councils to cut emissions in 439 buses around the country as part of a £7 million scheme.