Cagliari International Container terminal (CICT), where Eurogate company Contship Italia SpA recently took majority control (see WorldCargo News February 2003, p5), has started to handle regular transhipment traffic.
An inaugural call was recently made by P&O Nedlloyd's CHESAPEAKEBAY, which is deployed in the Famex service of the Grand Alliance, offloading 500 containers for reloading to feeder ships. P&ON is expected to transfer all its Grand Alliance transhipment traffic (ie including Hapag-Lloyd, NYK and OOCL) between North America and the Eastern Mediterranean to CICT from Contship Italia's Medcenter hub in Gioia Tauro. Until the end of last year this business was transhipped over Malta. It is nor clear how the extra East Med feedering costs over Cagliari compared to Malta or Gioia Tauro are being absorbed....
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This complete item is approximately 280 words in length, and appeared in the May 2003 issue of WorldCargo News, on page 6.
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