Egypt will reduce the tariffs on container ships and ferries coming from foreign ports to East Port Said for a period of one year, the Suez Canal Authority said in a statement on Thursday.A 30 percent discount on port, docking and guiding fees will apply for vessels carrying less than 80…
The Port of Liverpool welcomed a vessel call from COSCO on Wednesday.The MV Jork called at Liverpool after a stop in Rotterdam before returning with U.K. exports. In Liverpool it unloaded mainly high value Asian goods for fast delivery into the supply chain across the U…
Mammoet signed an agreement to join the world’s first port and maritime industry start-up accelerator, PortXL, said a press release.This partnership enables Mammoet to collaborate with established businesses and start-ups active in the maritime sector – working in energy…
The Port of Hamburg and Metrans Group are intensifying their links with Lithuanian Railways. Axel Mattern, Joint CEO of Port of Hamburg Marketing, and Egidijus Lazauskas, Deputy Director-General and Director Freight Traffic for Lithuanian Railways…
Freight Management Logistics, LLC, (FML), a leader in moving steel, nonferrous, breakbulk, project, and bulk cargo, has recently launched a subsidiary company, FML Warehousing and Logistics Services, LLC (FML Warehousing & Logistics) and commenced…
The Georgia Ports Authority reports it achieved a 12 percent increase in containerized trade at the Port of Savannah in September, along with a 37.6 percent increase in roll-on/roll-off trade at the Port of Brunswick.'The impressive volumes…
AMOS now offers integration with SeaProc, providing seamless electronic quotation management for an optimized procurement cycle. Seaproc also offers sourcing tools within it platform to achieve cost efficiency.Marine buying organizations can now enjoy significant speed…
French shipping group CMA CGM has obtained a further 4.56 percent stake in CEVA Logistics AG , the Swiss transport group which rejected a bid from Denmark's DSV, Ceva said on Wednesday.'The company has further been informed that CMA CGM entered…
Vietnam could recall an order that goes into effect on Nov. 1 that requires companies to re-export wheat cargoes containing cirsium arvense seeds, known as Canada thistle, the government said on Wednesday.Vietnam, whose main wheat suppliers include Russia…
Japanese carrier Ocean Network Express (ONE) is set to see losses spiral to $600m in its first year, says its revised consolidated business forecast for FY2018 (April 1, 2018 to March 31, 2019).The integrated container shipping operating company…
Automation is one of the hottest topics in freight forwarding, especially among the new digital freight forwarders, all wanting to transform this immense and complex world of ocean freight with technology.But these claims of ‘disrupting’ the industry have raised questions…
Norddeutsche Vermögen Group and V.Group have signed an agreement for Norddeutsche Reederei H. Schuldt to join V.Group. At the same time, the combined company will form a partnership for commercial management with Blue Net Chartering.The transaction…
Port Manatee reports it continues to break cargo records, including handling an all-time-high of more than 9.3 million tons in the fiscal year ended Sept. 30, up 19.1 percent from the immediately preceding 12-month period. That comes on the heels of a 13…
Dubai port operator DP World has repriced and extended the maturity of a $2 billion 'green' loan comprising conventional and Islamic revolving credit facilities, Standard Chartered said.A total of 19 banks provided the facility, which was extended by two years and was now due in 2023…
The container shipping and logistics giant MSC Mediterranean Shipping Company is increasingly introducing smart container solutions for customers at many locations around the world, using IoT solutions developed by its partner TRAXENS.MSC is committed to equipping 50…