GreenCarrier extends Baltic business with Estonia operations

Green Carrier has launched in Estonia at the beginning of February 2008, as a result of renaming the freight forwarder Global Cargo Link.

GreenCarrier Estonia is an international freight forwarding company and part of the Swedish Bjork.Eklund Group. It now operates throughout Scandinavia and the Baltic states and also has offices in Hong Kong and Shanghai. In October 2007, the Bjork.Eklund Group acquired the Finnish Cargomasters Group, of which Global Cargo Link was a member.

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Beijing to build Sino-German giant logistics park to match new Silk Road rail link

Beijing plans to build an enormous logistics facility covering nearly 70 hectares for the newly-launched Sino-Germany Container Railway, Logistics Week reported.

The first phase includes a container freight station and a logistics park. Construction will start this year. It is predicted that after the facility is completed, the volume of Germany-bound boxes on this railway will reach 20,000 to 26,000 TEU by 2010 while Beijing-bound boxes will be about 10,000 TEU.

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Launch of containerization international yearbook 2008

‘2008 is looking tougher as a result of rising costs in the industry. In November 2007, the price of oil reached almost USD100 per barrel, with bunker prices of USD500 per tonne, more than double in one year.

Fuel now accounts for more than 60% of a liner shipping company’s costs and so clawing back or introducing more fuel-efficient operating practices, is becoming much more important.’ John Fossey, Editorial Director outlines the mixed prospects for container carriers in his annual review of the industry. Now in its 39th year, Containerisation International Yearbook is still regarded by many as the definitive source of information for the container industry. The fully revised and updated edition provides the most comprehensive information and contact details for the global container shipping and transport industry. Other areas covered include 855 container/swapbody and equipment manufacturers covering 253 equipment lines; 405 container leasing companies, with branch offices and agents; 747 container repairers and their depots; 333 second-hand container dealers and 122 conversion specialists; 486 non-operating ship-owners/manager, liner conferences, tank container and rail operators, freight forwarders and road haulage associations. Classification societies, marine insurance underwriters and industry associations are listed, together with liner operator/route/vessel abbreviations, BIC codes, shipper’s councils and unit load data.

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