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Another lost year?

Carriers struggle with sluggish growth and there are fears peak season may not happen

While many were expecting a return to growth in Europe for 2013, it turns out that the economic parameters do not show any signs of an imminent lift-off now that half of 2013 is over. 

Both at the global scale and in North Europe, container volumes are more or less flat. In the latest Global Port Tracker North Europe Trade Outlook, Hackett Associates and ISL forecast a growth of only 0.9% to 40.1 million teu in 2013 for total box handling in the Hamburg-Le Havre range.

“The recession continues,” said Hackett Associates founder Ben Hackett, “and it looks like the peak season may not come about.”

Carriers continue to look for ways to increase or at least stabilise rates while the world container carrier fleet continues to grow, particularly in the upper size classes.

A number of carriers are dropping voyages in August and September, said Hackett. “In this market climate, the announcement of the three largest carriers Maersk, CMA-CGM and MSC to form the P3 alliance and bundle activities on major trade routes is yet another move to tackle the issue of overcapacity.”

The consolidation moves of the carriers also impact on the North Range ports. Carriers with “home terminals” in the North Range try to convince their partners to move cargo to these terminals in order to increase their utilisation.

“While this is rather easy for transhipment traffic as the feeder costs are most often the same for these ports, shifting hinterland traffic is difficult in an alliance constellation,” explained Sönke Maatsch of ISL.

The P3 may hence concentrate transhipment traffic in certain ports where the carriers have their own terminals, but the hinterland traffic will most likely continue to be dispersed between the ports.

via: www.lloydsloadinglist.com

Qatar, August 15, 2023QTerminals Group (51% Qatar Ports Management Company Q.C.S.C (Mwani Qatar) and 49% Qatar Navigation Q.P.S.C (Milaha)) has acquired a majority stake in “Kramer Holding B.V.”, a provider of integrated logistics and container services located in the Port of Rotterdam in the Netherlands.

The acquisition of Kramer Group represents an important milestone in the expansion of QTerminals, as the Port of Rotterdam is the largest port in Europe and is a significant addition to QTerminals Group’s record of success in diversifying its operations. In addition, this acquisition further reinforces QTerminals Group’s commitment to contribute towards Qatar National Vision 2030 which aims for the diversification of the national economy and foreign investments.

The CEO of QTerminals, Mr. Neville Bissett, stated: “Kramer Group is an important strategic step for QTerminals as we will expand our presence into Europe’s largest port. Kramer Group complements QTerminals and adds existing business, a robust value-creating service offering and European network to QTerminals portfolio.
Kramer Group has both core and strategic importance to the Port of Rotterdam, as it supplements the Port’s activities whilst having direct access to the deep-sea terminals of the Port of Rotterdam.
The acquisition of the Kramer Group by QTerminals allows its entry and presence in the largest port in Europe which makes QTerminals Group’s position stronger in relation to future opportunities in Europe and other developed global markets.
The presence of QTerminals in the Port of Rotterdam is strategic and reputable for QTerminals Group in particular and for the State of Qatar in general as QTerminals Group’s profile will become known in the largest European port..

“I’m very excited about this significant milestone in the journey of our family business which started 60 years ago by my father. Today, we mark the beginning of a new chapter joining forces with QTerminals. I believe that their expertise, resources, and industry insights will enable us to expand our horizons and explore untapped opportunities. Whilst maintaining our culture, organization, core team and our commitment to delivering the superior quality services to our clients in almost all aspects of container logistics”, said André Kramer, CEO of the Kramer Group.
By acquiring Kramer Group, QTerminals will continue to develop its world leading technical and operational know-how to enhance and optimize its potential as one of the leading providers of integrated container logistics services in Europe.

Kramer Group’s development and growth in recent years are indicators of good corporate management and governance of the organization. “Following our assessment of the current organization, we are excited to retain and welcome Kramer’s key management personnel and employees into QTerminals, including Mr André Kramer, who will continue as Chief Executive Officer” said Neville Bissett.

About Kramer Group

The Kramer Group is an integrated container handling and storage, terminal, container development and logistics services provider, located in the Port of Rotterdam, and is the only independent terminal in the Maasvlakte area, and one of the few multi-user depot terminals in the port.

The Company operates in six different locations with network access to the principal terminals, of which five are at the Maasvlakte and one at the Eem-/Waalhaven, and has tri-modal transport options via rail, water and road.