New vessel-sharing deal; Tonga faces waste management challenges; waste management facility in Indonesia; African steel plants
Shipping partner sidelined by new vessel sharing deal
Maersk Line and the Mediterranean Shipping Company (MSC) have announced a 10-year vessel sharing agreement (VSA) on the Asia-Europe, transatlantic and transpacific trades.
The VSA, to be referred to as 2M, will come into effect in early 2015, and replaces the P3 Network Alliance arrangements which had also included CMA CGM. Maersk says the VSA will include 185 vessels with an estimated capacity of 2.1 million TEU, deployed on 21 routes.
A company statement said: “Maersk Line and MSC will be able to provide their customers with more stable and frequent services, cover more ports with direct services. The VSA will improve the efficiency of the Maersk Line and MSC networks through better utilisation of vessel capacity and economies of scale.”
Tonga waste authority significant financial challenges
Waste Authority Limited (WAL) of Tonga is facing ‘critical challenges’ for its solid waste management in terms of its financial sustainability, reveals Asian Development Bank review. Additionally, medical waste disposal continues to be a concern and waste management requires further awareness raising and promotion on Tongatapu.
Africa to provide potential to establish new steel plants
SMS Siemag has said that Africa offers significant potential opportunities to set up new steel plants over the next five years and is hoping to take advantage of these developments. According to the market study undertaken by SMS group in the last three years, there will be a significant rise in the shortfall between the amount of steel produced in Africa and the amount of steel that the continent will need between now and 2020. Smelter engineering firm Metix is especially interested in helping SADC governments with base materials such as iron ore, chrome, manganese, nickel, lead, zinc and copper
Integrated waste management facility in South Jakarta
South Jakarta municipal administration in Indonesia is looking to construct an Integrated Waste Management Facility (TPST) in Kebayoran Lama. The TPST would also come equipped with machines to process the incoming waste.
The Jakarta Post