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Thursday, 14 May 2015

Financial Times

• Maersk feels squeeze but still leads packWorld’s largest container shipping group misses earnings forecasts but beats rivals

The Guardian

• The UK's largest container ship docks in Southampton on its maiden voyageLonger than four football pitches and built at a cost of £95m, the Kerguelen can carry 17,722 standard-sized containers – but only 10 shipping-mad tourists

Other Regional Press

• Multimillion-pound new Gosport ferry is unveiled at ceremonyA MULTIMILLION-POUND ferry has been unveiled at a naming ceremony.

Chartered Institute of Logistics and Transport

• Port of Swansea investmentPort of Swansea investment Associated British Ports (ABP) is to invest £2.1 million in the Port of Swansea. An upgrade to the outer lock gates is part of a programme designed to improve the infrastructure and support business growth at the port.  The Port of Swansea currently handles about 600,000 tonnes of cargo per year, mainly for the coal, paper, agricultural and recyclable sectors. It also has a dry-dock facility for ship repair and vessel demolition.  Director Matthew Kennerley said: “Investing in major infrastructure improvements is essential to ensure that our po...