Logistics News


CMA CGM to Accelerate Logistics Strategy with CEVA

Nov 23, 2018

French container transportation and shipping company CMA CGM said that by strengthening the partnership with the global logistics supply chain company CEVA Logistics,  it is actively engaging its logistics strategy.Rodolphe Saadé, Chairman and…

CMA CGM Reports Higher Volumes and Revenue

Nov 23, 2018

French container shipping group CMA CGM third quarter results outperformed the industry,  with significant increases in revenue and volume.The global transporting company said in a stock exchange annoucement that its volumes have risen 5.5 percent and revenue is up 6…

EU Ports Hails EP's Budget Hike for Transport

Nov 23, 2018

The European Parliament's Committee on Transport and Tourism and the Industry Committee jointly adopted the Marinescu- Telička- Virrkkunen report on the Connecting Europe Facility proposal (CEF) 2021-2027.The European Sea Ports Organisation…

Long Beach Port to Add Trains to Improve Cargo Movement

Nov 22, 2018

The Port of Long Beach received a $14 million grant from the Trade Corridor Enhancement Program (TCEP) to offset construction costs for a $25 million rail project to increase efficiency and reduce local traffic.The grant will fund the port's Pier G and J Double Track Access Project…

Ship Operating Costs Rise for Second Successive Year: Drewry

Nov 22, 2018

As the cost inflation is set to accelerate on higher insurance premiums, average vessel operating costs rose modestly for the second year in succession following two years of marked declines, according to the latest report published by global shipping consultancy Drewry…

Pacific Region to Enhance Maritime Traffic

Nov 22, 2018

To help increase ratification of the FAL Convention and improve understanding of its requirements, two National Seminars on Facilitation of International Maritime Traffic have been delivered by International Maritime Organization (IMO), in cooperation with the Pacific Community (SPC)…

Alaska Marine Lines Expands to Arctic Ports

Nov 21, 2018

Alaska marine transportation company Alaska Marine Lines said that it is expanding its service from Seattle and Anchorage to the Arctic Region in 2019.Bowhead Transport will provide the destination services at the North Slope villages of Point Hope…

Hapag-Lloyd unveils "Strategy 2023"

Nov 21, 2018

As the liner industry has come to a turning point following a period of consolidation, Hapag-Lloyd unveiled its five-year strategy, prioritizing profitability, service, and cost savings in a container shippingLarge-scale acquisitions is not…

NYK Testing Cashless Ships

Nov 21, 2018

Japan's Nippon Yusen Kabushiki Kaisha (NYK) is currently considering the establishment of a new network that will enable onboard financial settlements through the remittance of electronic money (e-money).The the shipping and logistics company…

Cosco-PSA Terminal JV Adds Two New Berths in Singapore

Nov 21, 2018

China's Cosco Shipping Ports and PSA Corporation signed a memorandum of understanding (MoU) for the addition of two new berths at the Cosco-PSA Terminal in Singapore.With the launch of the two new berths, CPT will be equipped with five mega-vessel berths…

CPC Marine Terminal Loads 500 MT of Kazakh Oil

Nov 21, 2018

Half a billion tones of oil delivered by Kazakhstani Shippers to the Tengiz-Novorossiysk crude pipeline since the commencement of operation of CPC pipeline system was lifted from the Marine Terminal of Caspian Pipeline Consortium on November 17…

Diana Shipping Fixes m/v Alcmene with BG Shipping

Nov 21, 2018

Greece-based Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with BG Shipping Co., Limited, Hong Kong, for one of its Post-Panamax dry bulk vessels, the m/v Alcmene.The global…

Bomin Sells Belgium Bunker Ops

Nov 21, 2018

The Bomin Group has agreed to sell its Belgium operations to certain individuals of the Somers family, controlling the tanker shipping company Somtrans. Bomin announced in September 2018 that it was exiting the bunker market in Antwerp.The purchasers…

Young Joins GAC

Nov 21, 2018

Daniel Young has been appointed as GAC’s Group Marketing Manager, covering the eastern United States, eastern Canada, and the Caribbean.He brings to his new role 15 years’ port agency and logistics experience drawn from a diverse working background…

Port of Marseille Fos Focus on Emission Cut

Nov 20, 2018

The port of Marseille Fos has set up a working group bringing together actors from the liquefied natural gas (LNG) sector to reflect on the development of LNG as a marine fuel with a view to reducing the impact of ships in the port of Marseille Fos…

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