AsiaContainers

X-Press Feeders denies TransLiner speculation

The next round of consolidation within the feeder space may not be happening quite as fast as reported.

X-Press Feeders, the world’s largest container feeder company, has distanced itself from speculation carried on this site yesterday that it is close to sealing the acquisition of Singapore-based NVOCC TransLiner.

A spokesperson for the company said the group had no interest in TransLiner except for it being one of its customers.

“X-Press Feeders is and shall remain as a global common carrier, providing an open network of feeder services for all container operators,” the spokesperson stated.

X-Press Feeders’ position as the world’s largest feeder operator is coming under threat with all the recent acquisitions announced by rival Unifeeder, a shipping line owned by terminal operator DP World.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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