Logistics News


Port of Long Beach Cargo Volume Up 7.3%

Dec 14, 2018

Cargo volume continued to rise at the Port of Long Beach in November, setting the stage for a second consecutive calendar year record.The Port handled 621,835 TEUs of container cargo during the month, a 1.5 percent increase compared to November 2017…

Campbell Transportation Appoints Buese EVP

Dec 14, 2018

Campbell Transportation Company, Inc. said that Kyle Buese will be joining the company as Executive Vice President of Operations effective January 7, 2019.Buese is a graduate of Tulane University where he received his Master of Business Administration…

Port of Valencia Pilots IoT with MSC and Traxens

Dec 14, 2018

French start-up Traxens and  MSC Mediterranean Shipping Company is cooperating with its partner in a pilot project in Valencia to use an Internet-of-Things (IoT) network to improve the operational efficiency of the port.MSC is already working with Traxens…

Moore Stephens: Shipping Confidence Dips

Dec 13, 2018

Shipping confidence dipped slightly in the three months to end-November 2018, according to the latest Confidence Survey from international accountant and shipping adviser Moore Stephens.The average confidence level expressed by respondents fell to 6…

Scorpio Bulkers Gets Work for SBI Hera

Dec 13, 2018

Scorpio Bulkers Inc, shipping company, owns and operates dry bulk carriers,  announced that it has entered into a time charter-out agreement with an unaffiliated third party for SBI Hera, one of its Ultramax drybulk carriers.According to a press…

Brazil’s Itaqui Port and Panama Canal Sign MOU

Dec 13, 2018

The Panama Canal has signed a memorandum of understanding with the Port of Itaqui to promote the shipment of grains and other cargoes in the commercial route from Brazil through the Panama Canal to destinations located in the Pacific Ocean.Itaqui…

Chabahar Port Builds LPG Storage Tanks

Dec 13, 2018

The operationalizing of three investment projects will begin in Shahid Beheshti port of Chabahar this week, said a communication from the Iran government.Behrooz Aghaee, Director General of Ports and Maritime Affairs of Sistan and Baluchestan Province…

PSA, SUTD to Build NewGen Port Operators

Dec 13, 2018

Singapore's port operator PSA Corporation Limited (PSA) has signed a memorandum of understanding (MoU) with the Singapore University of Technology and Design (SUTD) to develop a pipeline of talent for the future mega port in Tuas.The MoU is aimed at producing data science…

Hispano-Chinese MoU for Ports

Dec 13, 2018

The Port of Algeciras Authority (APBA) Chairman, Manuel Moron, and the Ningbo Zhoushan Port Group Chairman, Mao Jianhong, signed a Memorandum of Understanding (MoU) that is set to formalize co-operation between both of the logistics powerhouses…

Iran-Indonesia to Develop Port Cooperation

Dec 12, 2018

Octaviano Alimuddin, the Indonesia ambassador to Iran,  has visited Abadan Ports in the  Khuzestan Province of Iran.According to a release from Ports & Maritime Organization, he stated that the aim of visiting Abadan port is to get familiar with the capacities…

Kalmar Forklifts Delivered to ENTP

Dec 12, 2018

The marine industry equipment manufacturer Kalmar has delivered a total of 18 forklift trucks to Algeria's leading drilling contractor Entreprise Nationale des Travaux aux Puits (ENTP).According to a press release from Kalmar, part of Cargotec…

Nitin Gadkari Flags Off First Container Vessel at Tuticorin

Dec 12, 2018

Indian Shipping Minister Nitin Gadkari Wednesday flagged off the maiden container mainline vessel at VoC Port (Tuticorin Port), opening direct shipping route to eastern countries.Calling the step a 'gamechanger in container traffic of South India'…

Xeneta: Watch Both Sea and Air Amid Trade War Tensions

Dec 12, 2018

As the ongoing trade war between the US and China continues to send tremors of uncertainty through the global economy, Xeneta is advising senior executives to keep a close eye on fluctuating ocean and air freight rates. In an unpredictable geopolitical environment…

Great Lakes Iron Ore Trade Little Changed in November

Dec 12, 2018

Shipments of iron ore on the Great Lakes totaled 5.1 million tons in November, a decrease of one load in a 1,000-foot-long U.S.-flag laker. However, shipments did outpace the month’s 5-year average by nearly 4 percent.Year-to-date the iron ore trade stands at 49…

NYK in Charter Agreement with Mitsubishi

Dec 12, 2018

Japanese shipping and logistics giant Nippon Yusen Kabushiki Kaisha (NYK) has signed long-term contracts with Diamond Gas International Pte. Ltd. (DGI), a wholly owned subsidiary of Mitsubishi Corporation (MC) located in Singapore, for DGI to…

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