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A 73,000 sq ft warehouse in one of Shropshire’s leading estates has been sold, national property consultancy Lambert Smith Hampton (LSH) has announced.

Premier House, at Hortonwood 7, Telford was sold to an undisclosed buyer at the end of March by LSH’s Captial Markets team at a net initial yield of 9.69%. The deal follows incumbent tenant AMCO Services (International) Ltd signing a new five-year lease in January, maintaining the company’s presence at the business park until 2021.

Matt Tilt (pictured), head of industrial and logistics at LSH’s Birmingham office, said: “There was significant interest in Premier House from the investment market, and this is no surprise. It is prime space, well located, and with a tenant in place on good terms for the next five years, meaning a guaranteed rent.

“Industrial property in this area is at a premium and the market here remains strong, so we’re confident Premier House will prove a sound investment for its new owner.”

Freight management company AMCO has been at Premier House since 2011, and the warehouse is one of five UK locations for the business which also has sites in France and China.

Paul Andrews, Managing Director of AMCO Services Ltd explains why the company chose to renew its lease at Premier House: “Premier House is a key strategic geographical facility supporting the ongoing defence sector logistics requirements of the business.”

Premier House is made up of three distinct warehouse areas with eave heights from 4.6m to 9m. The site also includes WC and canteen facilities, two-storey office and ancillary accommodation providing reception and offices.

Hortonwood Industrial Estate is one of Telford’s premier industrial locations situated at the intersection of the A442 and A518, approximately three miles north of the town centre. Occupiers on Hortonwood include BAE Systems, Denso Manufacturing, Heinz and the Telford International Railfreight Park (TIRFP).

Uncategorised - May 24, 2016;

Logistics BusinessA 73,000 sq ft warehouse in one of Shropshire’s leading estates has been sold, national property consultancy Lambert Smith Hampton (LSH) has announced. <br><br> Premier House, at Hortonwood 7, Telford was sold to an undisclosed buyer at the end of March by LSH’s Captial Markets team at a net initial yield of 9.69%. The deal follows incumbent tenant AMCO Services (International) Ltd signing a new five-year lease in January, maintaining the company’s presence at the business park until 2021. <br><br> Matt Tilt (pictured), head of industrial and logistics at LSH’s Birmingham office, said: <i>“There was significant interest in Premier House from the investment market, and this is no surprise. It is prime space, well located, and with a tenant in place on good terms for the next five years, meaning a guaranteed rent. </i><br><i><br> “Industrial property in this area is at a premium and the market here remains strong, so we’re confident Premier House will prove a sound investment for its new owner.” </i><br><br> Freight management company AMCO has been at Premier House since 2011, and the warehouse is one of five UK locations for the business which also has sites in France and China. <br><br> Paul Andrews, Managing Director of AMCO Services Ltd explains why the company chose to renew its lease at Premier House: <i>“Premier House is a key strategic geographical facility supporting the ongoing defence sector logistics requirements of the business.” </i><br><br> Premier House is made up of three distinct warehouse areas with eave heights from 4.6m to 9m. The site also includes WC and canteen facilities, two-storey office and ancillary accommodation providing reception and offices. <br><br> Hortonwood Industrial Estate is one of Telford’s premier industrial locations situated at the intersection of the A442 and A518, approximately three miles north of the town centre. Occupiers on Hortonwood include BAE Systems, Denso Manufacturing, Heinz and the Telford International Railfreight Park (TIRFP).

Samskip has committed to enhancing multimodal as a transport option by introducing the next generation of 45ft curtain-sided containers, after full trials of new units designed for enhanced endurance.

The 45ft curtain-sided container meets transportation needs where ease of side access for loading and discharging of goods is a must. However, its unique advantage – the curtain sidewall – can at times also be its weakness, as it is vulnerable to damage compared to a regular 45ft container.

Samskip has worked on improving curtain-sider specifications to achieve the twin goals of better reliability and lower repair costs. Over the last two years, two prototype curtain-sided containers, built in China, have been tested extensively across Samskip’s service network.

Enhanced features
The new curtain-sided container features improved damage-resistance, establishing further service reliability, through the following design enhancements:
  • New top rail – protecting the curtain rail from damages from top and side 
  • New curtain-runners – top quality and able to resist very low temperatures 
  • Stronger curtain by integrating reinforced belts 
  • New type of ratchet (used to tighten and secure the curtain) 
  • Additional lashing eyes inside and outside the container for better load securing 
To date, 150 curtain-sided containers have been built. Samskip intends to phase out and replace older curtain-sided containers during the second half of 2016.

Uncategorised - May 4, 2016;

Logistics BusinessSamskip has committed to enhancing multimodal as a transport option by introducing the next generation of 45ft curtain-sided containers, after full trials of new units designed for enhanced endurance. <br><br> The 45ft curtain-sided container meets transportation needs where ease of side access for loading and discharging of goods is a must. However, its unique advantage – the curtain sidewall – can at times also be its weakness, as it is vulnerable to damage compared to a regular 45ft container. <br><br> Samskip has worked on improving curtain-sider specifications to achieve the twin goals of better reliability and lower repair costs. Over the last two years, two prototype curtain-sided containers, built in China, have been tested extensively across Samskip’s service network. <br><br> Enhanced features<br> The new curtain-sided container features improved damage-resistance, establishing further service reliability, through the following design enhancements: <br><ul><li>New top rail – protecting the curtain rail from damages from top and side </li><li>New curtain-runners – top quality and able to resist very low temperatures </li><li>Stronger curtain by integrating reinforced belts </li><li>New type of ratchet (used to tighten and secure the curtain) </li><li>Additional lashing eyes inside and outside the container for better load securing </li></ul> To date, 150 curtain-sided containers have been built. Samskip intends to phase out and replace older curtain-sided containers during the second half of 2016.

Port operator Euroports is set to invest €10 million euro at quay 850, in the port of Ghent. The investment includes a state-of-the-art 85,000-ton warehouse, with value-added service equipment. Construction is scheduled to start this summer and the new facilities will be commissioned at the end of this year.

‘Ghent is key in our European network of bulk terminals. In 2015, we invested in strengthening our crane capacity in Ghent. This investment is the next step in offering strong supply chain solutions to our customers. We will be able to store extra volumes of dry bulk and offer additional flexibility in the handling of existing flows via a strong value added service offering. The unique location of the port of Ghent offers advantageous hinterland connectivity and supply chain cost savings to our clients. New business opportunities have led to the decision to increase the storage capacity and this investment will help us to achieve our growth targets in the bulk sector. ’ says Rudi Hanot, Business Transformation Director at Euroports.

At quay 850 in Ghent, Euroports handles fertilizers and minerals. In addition to the wide range of operational services, Euroports Ghent will offer value-added services which include screening and bagging. Over the years, Euroports has become an industry leader in the handling and logistics of minerals and fertilizers.

Euroports is one of Europe’s largest port operators and handles around 50 million tonnes annually of general cargo and dry bulk. It has 22 port terminals in Europe and 3 in China.

Uncategorised - April 18, 2016;

Logistics BusinessPort operator Euroports is set to invest €10 million euro at quay 850, in the port of Ghent. The investment includes a state-of-the-art 85,000-ton warehouse, with value-added service equipment. Construction is scheduled to start this summer and the new facilities will be commissioned at the end of this year. <br><br><i> ‘Ghent is key in our European network of bulk terminals. In 2015, we invested in strengthening our crane capacity in Ghent. This investment is the next step in offering strong supply chain solutions to our customers. We will be able to store extra volumes of dry bulk and offer additional flexibility in the handling of existing flows via a strong value added service offering. The unique location of the port of Ghent offers advantageous hinterland connectivity and supply chain cost savings to our clients. New business opportunities have led to the decision to increase the storage capacity and this investment will help us to achieve our growth targets in the bulk sector. ’</i> says Rudi Hanot, Business Transformation Director at Euroports. <br><br> At quay 850 in Ghent, Euroports handles fertilizers and minerals. In addition to the wide range of operational services, Euroports Ghent will offer value-added services which include screening and bagging. Over the years, Euroports has become an industry leader in the handling and logistics of minerals and fertilizers. <br><br> Euroports is one of Europe’s largest port operators and handles around 50 million tonnes annually of general cargo and dry bulk. It has 22 port terminals in Europe and 3 in China. <br><br>

Kerry Logistics Network Limited, a leading logistics service provider in Asia, has appointed Ronnie Kempf as the new Managing Director for Germany and Switzerland. Kempf took up his new position on 1 April 2016 and is based at the Kerry Logistics Europe headquarters in Frankfurt/Main, Germany. From here, he will run the operative business in Bremen, Hamburg and Frankfurt as well as oversee the further expansion of sales activities in Germany.

In addition, Kempf will also take over the position of Managing Director for Kerry Logistics (Switzerland) GmbH. During the course of pooling these two positions, Kempf will also supervise the integration of the air and sea freight offices. Meanwhile, Kerry Logistics (Germany) GmbH and Kerry Logistics (Switzerland) GmbH will continue to function as independent legal entities.

For more than 15 years, Kempf has been working for renowned logistics companies in Germany and China – among them Schenker Germany, ABX Logistics, Geodis Wilson and Agility Logistics. Together with Thomas Blank, Managing Director Europe at Kerry Logistics, he will implement the European strategy of Kerry Logistics in Germany.

Uncategorised - April 7, 2016;

Logistics BusinessKerry Logistics Network Limited, a leading logistics service provider in Asia, has appointed Ronnie Kempf as the new Managing Director for Germany and Switzerland. Kempf took up his new position on 1 April 2016 and is based at the Kerry Logistics Europe headquarters in Frankfurt/Main, Germany. From here, he will run the operative business in Bremen, Hamburg and Frankfurt as well as oversee the further expansion of sales activities in Germany. <br><br> In addition, Kempf will also take over the position of Managing Director for Kerry Logistics (Switzerland) GmbH. During the course of pooling these two positions, Kempf will also supervise the integration of the air and sea freight offices. Meanwhile, Kerry Logistics (Germany) GmbH and Kerry Logistics (Switzerland) GmbH will continue to function as independent legal entities. <br><br> For more than 15 years, Kempf has been working for renowned logistics companies in Germany and China – among them Schenker Germany, ABX Logistics, Geodis Wilson and Agility Logistics. Together with Thomas Blank, Managing Director Europe at Kerry Logistics, he will implement the European strategy of Kerry Logistics in Germany. <br><br>

RZD Logistics (a subsidiary of Russian Railways) and Azerbaijan Railways will develop the International North–South Transport Corridor. The partners have agreed on a pass-through rate aiming to attract more freight traffic to the multimodal route. This route will start in India, and pass through Iran and Azerbaijan to Russia, in both directions.

Currently all freight flowing from India and Iran to EU is concentrated in sea-based routes. An average transit time from Nava Sheva (Mumbai) to Moscow by conservative sea route is 40 days. The alternative new multimodal route including sea, rail and road transport allows to reduce transit times by half – to 19 days.

Another service advantage is favourable tariff, reported at $3146 for a 40 ft container.

According to Pavel Sokolov, CEO of RZD Logistics, the service is launched as an alternative to sea transportation. RZD Logistics is successfully developing similar project in Asia offering regular container services from China to EU and back through Russian territory.

Uncategorised - April 7, 2016;

Logistics BusinessRZD Logistics (a subsidiary of Russian Railways) and Azerbaijan Railways will develop the International North–South Transport Corridor. The partners have agreed on a pass-through rate aiming to attract more freight traffic to the multimodal route. This route will start in India, and pass through Iran and Azerbaijan to Russia, in both directions. <br><br> Currently all freight flowing from India and Iran to EU is concentrated in sea-based routes. An average transit time from Nava Sheva (Mumbai) to Moscow by conservative sea route is 40 days. The alternative new multimodal route including sea, rail and road transport allows to reduce transit times by half – to 19 days. <br><br> Another service advantage is favourable tariff, reported at $3146 for a 40 ft container. <br><br> According to Pavel Sokolov, CEO of RZD Logistics, the service is launched as an alternative to sea transportation. RZD Logistics is successfully developing similar project in Asia offering regular container services from China to EU and back through Russian territory.

Stena has signed a contract, subject to Board approval by the end of April, for an order of four new RoPax ferries with planned delivery during 2019 and 2020, with an option for another four vessels. The vessels will be optimised for efficiency and flexibility and will be built by AVIC Shipyard in China. The intention is that the four initial vessels will be used within Stena Lines route network in Northern Europe.

“We are very pleased that Stena have signed a contract for four vessels with an option for another four. During the course of the past 24 months our engineering staff has managed to develop a design that is not only 50% larger than today’s standard RoPax vessels, but more importantly, incorporates the emission reduction and efficiency initiatives that have been developed throughout the Stena Group during the past years. These ships will be the most fuel efficient ferries in the world and will set a new industry standard when it comes to operational performance, emissions and cost competitiveness, positioning Stena Line to support its customers in the next decades”, says Carl-Johan Hagman, Managing Director of Stena Line.

The vessels will have a capacity of more than 3 000 lane meters in a drive-through configuration. The main engines will be “gas ready”, prepared to be fueled by either methanol or LNG.

“With this investment we are building on our successful RoPax concept mixing freight and passengers. Through standardization we secure a reliable operation and through flexibility we can provide an even better support to our customers and help them to grow”, says Carl-Johan Hagman.

“We foresee a continued demand growth for short sea services in Northern Europe and in many other parts of the world. Ferry transportation will play an essential part in shaping tomorrow’s logistics infrastructure if we are to have sustainable societies. Not only is transportation on sea the most environmentally efficient way of moving goods, it is also infrastructure that provides reliable and speedy logistics with very limited public cost. Through this investment we prepare Stena Line for further growth”, says Dan Sten Olsson, Chairman in Stena Line.

Uncategorised - April 6, 2016;

Logistics BusinessStena has signed a contract, subject to Board approval by the end of April, for an order of four new RoPax ferries with planned delivery during 2019 and 2020, with an option for another four vessels. The vessels will be optimised for efficiency and flexibility and will be built by AVIC Shipyard in China. The intention is that the four initial vessels will be used within Stena Lines route network in Northern Europe. <br><br><i> “We are very pleased that Stena have signed a contract for four vessels with an option for another four. During the course of the past 24 months our engineering staff has managed to develop a design that is not only 50% larger than today’s standard RoPax vessels, but more importantly, incorporates the emission reduction and efficiency initiatives that have been developed throughout the Stena Group during the past years. These ships will be the most fuel efficient ferries in the world and will set a new industry standard when it comes to operational performance, emissions and cost competitiveness, positioning Stena Line to support its customers in the next decades</i>”, says Carl-Johan Hagman, Managing Director of Stena Line. <br><br> The vessels will have a capacity of more than 3 000 lane meters in a drive-through configuration. The main engines will be <i>“gas ready”</i>, prepared to be fueled by either methanol or LNG. <br><br><i> “With this investment we are building on our successful RoPax concept mixing freight and passengers. Through standardization we secure a reliable operation and through flexibility we can provide an even better support to our customers and help them to grow”</i>, says Carl-Johan Hagman. <br><br><i> “We foresee a continued demand growth for short sea services in Northern Europe and in many other parts of the world. Ferry transportation will play an essential part in shaping tomorrow’s logistics infrastructure if we are to have sustainable societies. Not only is transportation on sea the most environmentally efficient way of moving goods, it is also infrastructure that provides reliable and speedy logistics with very limited public cost. Through this investment we prepare Stena Line for further growth”</i>, says Dan Sten Olsson, Chairman in Stena Line.