Logistics News


Chipolbrok Moon Loads Cable Tanks

Feb 14, 2019

Not so much the weight, but rather the precise handling of the cable tanks required the utmost attention while loading the MV 'Chipolbrok Moon'  in the Port of Hamburg.Four cable tanks with a unit weight of 110 tons and dimensions of 6.06 x 7…

Eurogate Container Volumes Stable in 2018

Feb 14, 2019

Despite the persistently challenging market environment, German terminal operator Eurogate managed to close the 2018 financial year with stable container handling volumes.In 2018, the Bremen-based group managed to handle a total of 14.1 million TEUs at its twelve locations in and around Europe…

MOL, Den Hartogh Form Chemical Logistics Alliance

Feb 13, 2019

Singapore-based MOL Chemical Tankers (MOLCT) and Dutch Den Hartogh Logistics have established a strategic alliance to jointly develop and streamline liquid chemical logistics services utilizing tank containers, parcel chemical tankers and tank terminals…

Hapag Lloyd CEO: Trade Spats Could Dampen Shipping Growth

Feb 13, 2019

An escalation of tariff wars between China and the United States could dampen growth in international container shipping as operators pre-emptively brought forward business in the second half of last year, Germany's Hapag Lloyd said.'Many customers tried to get their goods through to the U…

Maersk Acquires Customs Broker Vandegrift

Feb 12, 2019

Danish shipping giant A.P. Moeller-Maersk A/S has acquired Vandegrift, a US-based customs house broker,  as the ocean container line pushes further into land-based logistics services and operations. This is the first acquisition of the year in the fast-growing logistics sector…

INPEX Selects NAPA for LNG Carrier Fleet

Feb 12, 2019

Japan's largest oil and gas exploration and production company INPEX Corporation has installed ClassNK-NAPA GREEN for monitoring operations on three of its liquefied natural gas (LNG) carriers.NAPA said that Inpex awarded a deal to the company…

Indian Ports Register 3.11% Growth

Feb 12, 2019

Major ports in India together handled 578.86 Million Tonnes (MT) of cargo during April-January 2019, representing a growth of 3.11 per cent, an official statement said.The major ports had handled 561.39 MT cargo in the corresponding period of previous fiscal…

Costa Rica Ratifies FAL Convention

Feb 12, 2019

Costa Rica is the latest country to ratify the Convention on Facilitation of International Maritime Traffic (FAL Convention).The International Maritime Organization (IMO) treaty enhances communication between ships and ports to help shipments move more quickly…

One Sea Gets Funding Boost

Feb 12, 2019

One Sea, the alliance that brings together leading exponents of autonomous ship technology, has secured new funding to support its role as business ecosystem, at the same time adding Shipbrokers Finland as a new partner.An injection of public…

CMA CGM Aims for Ceva Logistics Breakeven in 2019

Feb 12, 2019

CMA CGM is aiming for Ceva Logistics to break even this year, its finance chief said on Tuesday, as the French shipping group opened a share offer to cement its control of the Swiss freight specialist.CMA CGM's public tender will offer other shareholders 30 Swiss francs ($29…

Piraeus Port Signs MoU with Italian Ports

Feb 12, 2019

The Greek port of Piraeus signed a memorandum of understanding (MoU) with Italy’s port authorities from the cities of Venice and Chioggia.The agreement seeks to develop port services and promote increased trade flow between Europe, the Mediterranean and the Far East…

BDO / Moore Stephens Merger

Feb 11, 2019

The merger between accountants and advisers BDO LLP and Moore Stephens LLP in London was completed earlier this month.Clients of the merged firm, BDO, will have access to offices in over 160 countries with a presence in every major shipping location in the world…

U.S. Soybean Inventories at Record Levels

Feb 08, 2019

U.S. soybean supplies as of Dec. 1 were the biggest on record as demand for the oilseed fizzled amid a trade war between the United States and China, the U.S. Agriculture Department said on Friday.USDA also trimmed its forecast of the U.S. soybean crop harvested last fall to 4…

Conley Box Terminal Breaks TEU Record Again

Feb 08, 2019

The Port of Boston’s Paul W. Conley Container Terminal set a new all-time record in 2018 for volume for the fourth year in a row. The Port of Boston is the main artery of Massachusetts’ consumer economy, with imports and exports serving as vital catalysts for growth…

St Petersburg Port Cargo Handling Up by 12%

Feb 07, 2019

Sea Port of Saint-Petersburg (CTSP), a company of UCL Port, stevedoring division of the international transportation group UCL Holding, handled 7.7 million tonnes of cargo showing a 12-pct increase versus the result of 2017.The increase of cargo…

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