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It is suggested to visit "FM Latest News" page regularly to be updated about the network and the industry.
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  • 16 Mar 2018 11:25 AM | Anonymous

    Original news was published 13 March, 2018

    Northport (Malaysia) Berhad, a Member of MMC Group, has received a thirty-year extension for the operations of Northport and Southpoint in Malaysia’s Port Klang.

    The concession deal was signed between Northport, the Government of Malaysia and Port Kelang Authority (PKA) in Kuala Lumpur on March 6.

    Under the agreement, which is subject to government and PKA terms and conditions, Northport is granted the right and authority to provide and carry out the operation, maintenance, management and control of the port operation in Northport and Southpoint.

    Northport is also granted the right to charge and collect from the port users in relation to the port operation provided and carried out, pursuant to the Privatisation Agreement and the Licence, in accordance with the Port (Privatisation) Act 1990 and Port Authorities Act 1963.

    “We are delighted to have signed this agreement and to have the opportunity to continue working for the progress of Port Klang and the nation’s economic growth as a whole,” Dato’ Sri Che Khalib Mohamad Noh, Chairman of Northport, said.

    Northport, formerly known as Klang Container Terminal (KCT), was established as part of the first phase of Port Klang’s privatisation in March 1986.


  • 14 Mar 2018 4:49 PM | Anonymous

    FM is going on to introduce you new members. FM valued member INFINITY SHIPPING SERVICES, Pakistan referred one of its reliable, experienced and active partners HUSSAIN MURAD SHIPPING SERVICES LLC, United Arab Emirates.

    We are happy to announce you that HUSSAIN MURAD SHIPPING SERVICES LLC successfully completed membership requirements and joined among Freight Midpoint professionals from UNITED ARAB EMIRATES.

    Let's welcome our new member on board of the Freight Midpoint..! Have a great cooperation together!
    ADDRESS: 11, S.S.Lootah Building, Near Satellite Market, Naif Road – Deira, Dubai, United Arab Emirates
    CONTACT: William Fernandes / Business Development Manager
    TEL: +971 4 2221714
    FAX: +971 4 2247599


  • 12 Mar 2018 9:40 AM | Anonymous

    Original news was published 09 March, 2018

    Cargo at Gatwick Airport continues to grow at double digit rates, passing 100,000 tonnes on an annual basis, helped by an expanding long-haul network.

    On a moving annual total from March 2017 to February 2018, cargo has grown 27.7 per cent to 101,052 tonnes compared to 79,136 tonnes in the same period in the previous year.

    In February, cargo has continued to rise with 37.2 per cent growth from 5,965 tonnes in 2017 to 8,183 tonnes this year.

    Gatwick Airport has welcomed a number of airlines operating new routes to Asian destinations including Hong Kong, Singapore and Tianjin, and to the Americas new services to Austin and Chicago starting this month, joining the popular Buenos Aires flights.

    Qatar Airways will also launch double daily services from Gatwick on 22 May using a Boeing 787 Dreamliner.

    Gatwick Airport chief executive officer, Stewart Wingate says: “We have exciting plans for growth maximising the use of our existing facilities whilst we also offer the country the prospect of a financeable and deliverable new runway scheme.”


  • 09 Mar 2018 4:37 PM | Anonymous

    FM is going on to introduce you new members.

    FM esteemed member WWW CARGO PTE LTD, Singapore also referred one of its good partners ICARGO WORLDWIDE LOGISTICS INC., Philippines.

    Glad to share with you that ICARGO WORLDWIDE LOGISTICS INC. is also successfully completed membership requirements and has become a new FM member from PHILIPPINES.

    Let's welcome our new members on board of the Freight Midpoint..! Have a great cooperation together!

    ADDRESS: Unit 8Z, 8 Adriatico Tower 1 Building, Padre Faura St., Cor. J. Bocobo St., Ermita, Manila, Philippines
    CONTACT: Stephanie B.Fran / Managing Directress
    TEL: +632 5 253 600
    FAX: +632 5 361 516


  • 09 Mar 2018 4:31 PM | Anonymous

    FM is going on to introduce you new members.

    FM valued member SCM INTERNATIONAL - EPSP, France referred one of its reliable partners T.P.G. LOGISTIKA D.O.O., Slovenia.

    Happy to announce you that T.P.G. LOGISTIKA D.O.O. successfully completed membership requirements and joined us from SLOVENIA.

    Let's welcome our new member on board of the Freight Midpoint..! Have a great cooperation together!

    ADDRESS: Vojkovo Nabrezje 30 A, Koper - 6000, Slovenia                        
    CONTACTS: Tilen Pahor / Commercial Manager & Erik Pahor / Commercial Department
    TEL: +386 5 663 89 00
    FAX: +386 5 663 89 08


  • 09 Mar 2018 11:44 AM | Anonymous

    Original news was published 07 March, 2018

    Philippine port developer International Container Terminal Services (ICTSI) posted a revenue from port operations of USD 1.244 billion for the year ended December 31, 2017.

    The results are 10 percent higher compared to USD 1.128 billion reported in 2016.

    Earnings Before Interest, Taxes, Depreciation and Amortization (EBITDA) were also 10 pct higher year-on-year standing at USD 578 million.

    Net income attributable to equity holders for the full-year was USD 182.1 million, up one percent from the previous year.

    ICTSI said the increase in net income was mainly due to the continuing ramp-up at its new terminal in Matadi, Democratic Republic of the Congo (DRC), strong operating results from the terminals in Iraq, Mexico, Honduras, Madagascar, China, Poland and Brazil, along with the gain related to the termination of the sub-concession agreement in Lagos, Nigeria.

    The port operator’s handled consolidated volume came at 9.15 million TEUs in 2017, five percent more than in 2016.

    “The increase in volume was primarily due to continuing improvement in global trade activities particularly in the emerging markets, continuing ramp-up at ICTSI’s operations in Basra, Iraq, new services at Manzanillo, Mexico and contribution of new terminals in Matadi, DRC and Melbourne, Australia. Excluding the new terminals, the consolidated volume would have increased by four percent,” the group said.

    For 2018, the group has earmarked USD 380 million for capital expenditure, which will mainly be allocated for the capacity expansion in its terminal operations in Manila, Mexico and Iraq.

    In addition, ICTSI capital will be directed to the rehabilitation and development of its container terminal in Honduras, procurement of additional equipment and minor infrastructure works in its newly acquired terminal operations in Papua New Guinea, and the completion of its new barge terminal project in Cavite City, Philippines.


  • 08 Mar 2018 1:26 PM | Anonymous

    FM is going on to introduce you new members. FM valued member JL LOGISTIC GMBH, Germany referred one of its reliable, experienced and active partners CTI GLOBAL LOGISTICS (HK) LIMITED, Hong Kong.

    We are happy to announce you that CTI GLOBAL LOGISTICS (HK) LIMITED successfully completed membership requirements and joined among Freight Midpoint professionals from HONG KONG.

    Let's welcome our new member on board of the Freight Midpoint..! Have a great cooperation together!
    ADDRESS: Unit 1502, Telford House, 16 Wang Hoi Road, Kowloon Bay, Kowloon, Hong Kong
    CONTACTS: Derrick Yu / Marketing & Sales Manager
    Catherine Choy / Account & Admin Department
    TEL: +852 2785 2628
    FAX: +852 2785 4668


  • 07 Mar 2018 2:52 PM | Anonymous

    Original news was published 07 March, 2018

    The Ethiopia government has become a shareholder of the Port of Berbera after it signed an agreement with DP World and the Somaliland Port Authority recently in Dubai.

    According to the agreement, DP World will hold 51 percent stake in the Port of Berbera. Similarly, Somaliland and Ethiopia will hold 30 percent and 19 percent stakes, respectively.

    The government of Ethiopia will also invest in infrastructure to develop the Berbera Corridor as a trade gateway for the inland country, which is one of the fastest growing countries in the world.

    There are plans to construct an additional berth at the Port of Berbera in line with the Berbera master plan, which DP World has already started implementing, while adding new equipment to further improve efficiencies and productivity. The first crane is scheduled to arrive later this year.

    Expressing the importance of working with the governments of Somaliland and Ethiopia on the projects, which will fuel trade and employment opportunities in the region, Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World said: “I am excited about the prospects of working with the Ethiopian government. Ethiopia is home to approximately 110 million people. The ports of Berbera and Doraleh will provide significant capacity to the region. Both these ports and more capacity will be needed to serve the region’s growth potential in the future.”

    “Having the government of Ethiopia as a partner will enable DP World to support them in achieving its impressive development plans. This development will further strengthen of our partnership, and demonstrates our commitment to the people of Somaliland and Ethiopia, and we look forward to working together,” said Bin Sulayem.

    ”The economies of the region are growing at a pace that needs the development of Berbera supplementing Djibouti and additional gateways in the future,” said Bin Sulayem.

    Dr. Saad Al Shire, minister of foreign affairs and international co-operation of Somaliland said: “This is an important project, which address some of the problems faced by Somaliland related to employment and investment. It’s a welcome development that will benefit the region as a whole. The economies of the region are growing at a pace that necessitates development of multiple ports and outlets. The extension of the port will increase capacity of the region to accommodate the increase in trade.”

    Ahmed Shide, transport minister of Ethiopian said: “After a year of serious negotiations, Ethiopia has concluded an agreement with the Somaliland Ports Authority and DP World that will give the government of Ethiopia 19 percent stake in the joint venture developing the Port of Berbera. The agreement will help Ethiopia secure an additional logistical gateway for its ever increasing import and export trade driven by its growing population and economy. In addition, Ethiopian participation in the development of port of Berbera and the Berbera Corridor will help bring increased economic development and opportunity to the people of Somaliland. Ethiopia will continue to further invest in and develop the Djibouti corridor and further consolidate the use of existing ports in Djibouti. It will also look for other opportunities to develop additional ports and logistics corridors in the region.”


  • 06 Mar 2018 4:35 PM | Anonymous

    Dear All,

    Good News...

    We were informed by our member: JUSTLOG AGENTES TRANSITARIOS LDA, Portugal that they distinguished as SME Excellence 17.

    In SME ceremony at Multiusos de Gondomar, Jorge Emanuel Ramalho and Paula Soares, representing Justlog, received this honorable distinction.

    Issued by the Portuguese Ministry of Economy through IAPMEI (The Public Agency for SME and Innovation), the attribution of the SME Excellence 2017 status aims to distinguish and give notoriety to companies that show the best financial performances and management indicators marking the competitive capacity of the country.

    Justlog thanks to the organizers of the initiative, their customers and partners, and the entire Justlog team.

    Congratulations to JUSTLOG AGENTES TRANSITARIOS LDA, Portugal!

    For more information kindly click here.


  • 05 Mar 2018 3:36 PM | Anonymous

    Original news was published 02 March, 2018

    Port operator APM Terminals has overseen delivery of the world’s largest ship-to-shore cranes at MedPort Tangier in Morocco.

    The giant cranes measured 144 meters when boomed up and weighed 2,500 tonnes. They were Manufactured by ZPMC in Shanghai delivered aboard a Zhen Hua heavy-lift vessel.

    “The three cranes represent the world’s largest double trolley STS cranes [and] will enable fast, safe and efficient loading and unloading services to some of the largest container ships on the sea,” a spokesperson for APM Terminals said.

    The shipment is part of a total of 12 cranes to be delivered as part of construction work  at the planned deepwater terminal. The port will serve as a transshipment hub for Maersk Line and its alliance partners.


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