CSAV Merges with Hapag-Lloyd – Chile’s Cia. Sud Americana de Vapores SA (CSAV) has agreed to sign a merger with Germany’s Hapag-Lloyd AG to combine operations. This merger will form the fourth largest container shipping company in the world.
Read more from gCaptain.
12 New FTZ’s Approved in China – A dozen new free trade zones (FTZ) have been approved in China. The new trade zones are furthering efforts to test economic reforms and bolster growth.
Read more from Straits Times.
Nigerian Export Promotion Council to Provide Incentives – The Nigerian Export Promotion Council (NEPC) will soon provide pre-shipment incentive grants to small and medium enterprises (SMEs) involved in non-oil exports. Formerly, only post-shipment incentives were administered.
Read more from allAfrica.
Port of Rotterdam Receives New Super Post Panamax Cranes – Last weekend the Port of Rotterdam received nine new Super Post Panamax container cranes from China in three separate shipments. This is the first time nine cranes have been delivered at the same time to a port by the builders.
Read more from gCaptain.
