Clearance Services News

Neptune Pacific Line, the provider of ocean freight services between Australia, New Zealand and Fiji, said that it has acquired Pacific Direct Line(PDL) from its Singapore based parent holding company, Pacific International Lines (PIL).The acquisition makes Neptune the new owners of all of PDL’s regional and Fiji based companies. The combined business will seamlessly link transport, warehousing, depots and customs clearance services and fully integrate customers’ supply chains across 18 South Pacific markets, it said in a press note."This purchase supports our long-term vision of creating the strongest and best regional network of shipping and logistics services in the Pacific Islands…

Biosecurity New Zealand has directed a vehicle carrier to leave New Zealand waters following the discovery of stink bugs and other regulated pests.Biosecurity officers intercepted 3 live and 39 dead brown marmorated stink bugs and 69 other dead regulated stink bugs after the Carmen arrived in Auckland from Europe on Wednesday morning.The vessel was carrying a range of vehicles from Europe and the United States."The interceptions indicated the cargo was likely to be infested with stink bugs.

In 2017, the Terminal Marítima de Zaragoza (tmZ) increased its handled volume by 20 percent, to around 350,000 TEUs by rail and truck. Over the past five years, the terminal has seen volumes increase by more than 250%. Miguel Duro, Managing Director of the company, points to   the depot’s, “flexible service offering”. Following the addition of a railway siding in 2007 a private company was established  ̶  tmZ Depot Services  ̶  to operate the  terminal under a 35-year concession. APM Terminals Spain is a co-founder and holds a 45% stake in the company. The depot is a multimodal inland terminal exclusively focused on the maritime container trade.

Inchcape Shipping Services (ISS), the world’s leading maritime and logistics service provider, has greatly expanded its European business with Team Tankers International with a new port agency contract across the region. Under the new agreement with the chemical tanker specialist, ISS will provide port agency and vessel clearance services in all major European ports and terminals. Team Tankers International is one of the largest chemical tanker operators in the world, with a fleet of over 40 chemical tankers. While ISS has been providing port agency for Team Tankers International since 2013, this new agreement will capitalise on ISS’ Europe-wide offices within its global network.

The United Nations will start inspecting shipments to rebel-held ports in Yemen in a bid to boost commercial imports and enforce an arms embargo, the world body said on Tuesday, some eight months after announcing it would establish such a procedure. Yemen relies almost solely on imports, but a 14-month long conflict between Houthi rebels and a Saudi Arabian-led coalition has slowed to a trickle commercial shipments to the impoverished country where 80 percent of people need humanitarian aid. The United Nations announced in September it would set up a verification and inspection mechanism. Then in October U.N. aid chief Stephen O'Brien said the United Nations was still trying to raise some $8 million to fund the Djibouti-based operation. It began operations on Monday, U.N.

The Directors of BP p.l.c. announced that the interim dividend for the third quarter 2014 would be US$0.10 per ordinary share (US$0.60 per ADS). This interim dividend is to be paid on 19 December 2014 to shareholders on the share register on 7 November 2014. The dividend is payable in cash in sterling to holders of ordinary shares and in US dollars to holders of ADSs. A scrip dividend alternative will be made available for this dividend allowing shareholders to elect to receive their dividend in the form of new ordinary shares and ADS holders in the form of new ADSs. US$6.946 for each new ordinary share. date of 6 November 2014. The…

The Directors of BP p.l.c. announced that the interim dividend for the first quarter 2014 would be US$0.0975 per ordinary share (US$0.585 per ADS). This interim dividend is to be paid on 20 June 2014 to shareholders on the share register on 9 May 2014. The dividend is payable in cash in sterling to holders of ordinary shares and in US dollars to holders of ADSs. A scrip dividend alternative will be made available for this dividend allowing shareholders to elect to receive their dividend in the form of new ordinary shares and ADS holders in the form of new ADSs. The ‘Reference Share Price’ for the issue of new ordinary shares under the scrip dividend alternative is:US$ 8.475 for each new ordinary share.