Logistics News


Libya Ships Propane Gas to Italy

May 23, 2018

Libya has exported its first shipment of propane gas from the eastern port of Zueitina to Italy for four years, the National Oil Corporation (NOC) said on Wednesday.The cargo of 67,761 barrels was shipped on May 20 after a four-year stoppage at Zueitina's gas plant…

Dussler tapped to Lead Xeneta's U.S. Ops

May 23, 2018

Xeneta is moving to accelerate the growth of its North American operation with the appointment of Florian Dussler as General Manager and VP Sales, Americas.Dussler, previously VP Americas for logistics software firm Transporeon, will head…

China 'Welcomes' High-Quality U.S. Products

May 23, 2018

China welcomes high-quality and competitive products made by the United States to enter its market, the commerce ministry said on Wednesday. Both China and the United States will seriously implement a deal reached in Washington, including the purchase of farm and and energy products…

DP World Jeddah Upgrades to Navis N4

May 23, 2018

Navis, a part of Cargotec Corporation, announced that DP World Jeddah has upgraded from Navis SPARCS to N4 3.5 terminal operating system (TOS). The implementation of the updated TOS is a move by the terminal to leverage the latest technology…

Diana Shipping TC Contract for P. S. Palios with Koch

May 22, 2018

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping, Singapore, for one of its Capesize dry bulk vessels, the m/v P. S. Palios.  The gross charter rate is US$17…

GRUPO ETE Enables the Largest Portuguese Clinker Export Ever

May 22, 2018

GRUPO ETE enabled the largest Portuguese clinker export ever, to its client Cimpor - an InterCement company – by concluding the loading of 55,902 metric tons on the bulk carrier Vinayak, bound for Ghana.This export operation, completed in a record time…

Bulk Shipping: Economics 101

May 22, 2018

Supply and Demand in the bulk transport sectors will define the course line ahead. Less ships and more cargo will be the key.The drybulk sector – where iron ore, coal, grain and other raw materials dominate – is still wrestling with a decade…

Addressing the Current Trucking Crisis

May 22, 2018

A long time coming, a growing trucking crisis is now certainly here. An important piece of the intermodal supply chain equation faces steep challenges in 2018, and beyond.Looking back at what has led us to our current trucking situation; it can be argued that “we saw this coming…

Muted Capesize Activity Weighs on Baltic Index

May 22, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the sixth straight session on Tuesday, dragged down by lower demand for capesize vessels.The overall index, which factors in rates for capesize…

US Sorghum Ship Switches Destination from Spain Back to Asia

May 22, 2018

The RB Eden vessel carrying 70,000 tonnes of U.S. sorghum turned around just before reaching the Spanish port of Cartagena and is now heading to Singapore, Thomson Reuters Eikon ship-tracking data showed.This marks the second U-turn for the…

Wabtec and GE Transportation to Merge

May 21, 2018

Wabtec Corporation has entered into a definitive agreement to combine with GE Transportation, a unit of General Electric Company. The combination will make Wabtec a Fortune 500, global transportation leader in rail equipment, software and services…

Protests at Santos Port Impacting Flow of Goods

May 21, 2018

Protests by truckers in Brazil demanding a reduction in diesel prices have impacted the flow of goods at Santos, Latin America's largest port, the port administration said on Monday.Santos port authority said the protests have restricted the arrival of goods to several terminals…

Mdawe Takes Over As TNPA COO

May 21, 2018

Nozipho Mdawe has been appointed as Transnet National Ports Authority (TNPA) Chief Operating Officer (COO), effective May 21, 2018. She takes over the role recently vacated by Phyllis Difeto and briefly held in an acting capacity by Moshe Motlohi…

Record April Boosts Savannah's Box Trade

May 21, 2018

The Georgia Ports Authority's busiest April ever pushed its fiscal year-to-date totals to more than 3.4 million twenty-foot equivalent container units, an increase of 8.8 percent (280,000 TEUs) compared to the first 10 months of FY2017. 'We're on track to move more than 300…

Maersk's Damco Leases Logistics Center in Los Angeles

May 21, 2018

Damco, a part of Denmark's A. P. Moller-Maersk, has agreed with Goodman Group on a 10-year lease of a one million square feet logistics center in Los Angeles, the two companies said in a joint statement on Monday.Damco will occupy 100 percent of the space at Goodman Gateway Santa Fe Springs…

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