Logistics News


China Vows Retaliation if US Trade War Heightens

Aug 01, 2018

China said on Wednesday that 'blackmail' wouldn't work and that it would hit back if the United States takes further steps hindering trade, as the Trump administration considers slapping a 25 percent tariff on $200 billion worth of Chinese goods…

PSA International Acquires Majority Stakes in Canada Port

Jul 31, 2018

PSA International through its subsidiary has acquired 60 per cent of Ashcroft Terminal (AT) , an inland port facility about 300km east of the Port of Vancouver in western Canada, making its first foray into Canada.AT is an inland port facility…

NYK Names New Ship 'Pirika Moshiri Maru'

Jul 31, 2018

A new ship that NYK will own and operate to transport coal for Hokkaido Electric Power Co. Inc. has been named 'Pirika Moshiri Maru.' Honoring the history and culture of Hokkaido’s indigenous Ainu inhabitants, the name of the new ship is derived from the Ainu words 'pirika…

Hafnia Tankers in Leaseback Deal with Sole Shipping Fund

Jul 31, 2018

Denmark's Hafnia Tankers has completed two sale and leaseback transactions with a Sole Shipping fund.'Hafnia Tankers has successfully completed two sale and leaseback transactions with Skaatholmen Shipping Ltd, a company owned by Sole Shipping…

4,000th Neopanamax Vessel Transits the Panama Canal

Jul 31, 2018

The Panama Canal registered the transit of its 4,000th Neopanamax vessel through the Expanded Canal, underscoring the steady growth of the burgeoning liquefied natural gas (LNG) segment – which began transiting the waterway for the first time following the inauguration of the Expanded Canal…

Crowley’s LNG-powered ConRo Ship Enters Service

Jul 31, 2018

Crowley Maritime Corp.’s new container/roll on-roll off (ConRo) ship El Coquí delivered its first cargo from Jacksonville, Fla., to the company’s Isla Grande Terminal in San Juan yesterday – a milestone in the company’s transformation of its U…

Al Sharqi Shipping Wins Maersk Line Customer Award

Jul 31, 2018

Al Sharqi Shipping recognized as a top customer for Maersk LineAl Sharqi Shipping announced it has received Maersk's Platinum award for the year 2017. This marked the company's sixth consecutive award with Maersk Line.The award was presented by Jyoti Tahiliani…

Cargo Being Delivered Despite Low Water on Rhine

Jul 31, 2018

Freight is being delivered despite shallow water on the Rhine and other rivers in Germany due to drought, a shipping industry group said on Tuesday, although many vessels are being forced to carry lighter loads.'On the Rhine, by far Germany’s most important inland waterway…

Gulftainer Wins RoSPA Awards 2018 for Occupational Health and Safety

Jul 30, 2018

Gulftainer, the world’s largest privately owned independent port operator and logistics company based in the UAE, has been handed the 2018 prestigious Gold Award by the UK-based RoSPA Award Scheme.Gulftainer has been recognised for its commitment…

Port of Duqm Signs Land Lease Agreement with Petrojet

Jul 30, 2018

Port of Duqm Company SAOC, a 50:50 joint venture between the Omani Government and the Consortium Antwerp Port (CAP) under its subsidiary called Duqm Industrial Land Company (DILC), has signed a 25 years usufruct land lease agreement for a 50…

Diana Shipping Signs TC Contract for M/V Seattle with Koch

Jul 30, 2018

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Capesize dry bulk vessels, the m/v Seattle.The global shipping company…

INTTRA Adds Turkon Line to its Carrier Network

Jul 30, 2018

INTTRA,  neutral network, software and information provider at the center of the ocean shipping industry, has announced the addition of Turkon Line, the latest regional carrier to join its rapidly expanding network.Turkon provides shipping services focused on the US…

Container Shippers Opt For Waterway Transport At Dunkirk

Jul 29, 2018

After starting a new waterway container service between Dunkirk and Valenciennes in May this year, Nord Ports Shuttle (NPS) is gearing up for a significant increase in its transport capacity on the Dunkirk to Dourges line.This initiative is…

Port of Corpus Christi Raises USD 216mln for Ship Channel Expansion

Jul 29, 2018

Port of Corpus Christi successfully priced and sold $216.2 million of Senior Lien Revenue Bonds. These bonds will be used for both the deepening and widening of the Corpus Christi Ship Channel as well as upcoming capital projects within the Port…

Port of Amsterdam: Adjustment Lock Passage Regime in IJmuiden

Jul 29, 2018

Because of the ongoing period of drought, and on the advice of the National Water Coordination Committee, the Directorate-General for Public Works and Water Management has switched to the so called KWA scenario (‘Klimaatbestendige Wateraanvoer’)…

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