Logistics News


Kattupalli Port Throughput Soars 42%

Apr 23, 2018

Adani Ports & Special Economic Zone Ltd (APSEZ) said it had registered a 42 percent increase in throughput at Kattupalli port, handling 493,260 TEUs in the FY 2017-18.

Vopak to Invest in Rotterdam Terminal

Apr 22, 2018

Vopak Rotterdam Botlek is investing in 63.000 cbm state-of-the-art stainless steel capacity (15 tanks) for the storage of Styrene and other hazardous chemicals. Styrene is a vital product used in manufacturing of a wide variety of consumer goods serving markets such as packaging…

British Ports Association Writes to PM on Brexit Concerns

Apr 22, 2018

The British Ports Association has written to the Prime Minister calling for funding guarantees for any new border facilities and digital infrastructure, which may be needed after the UK leaves the European Union.  There are concerns from…

Maritime UK Mulls Increased Commonwealth Trade

Apr 22, 2018

Alderman The Lord Mountevans, Maritime UK Vice Chair, called for increased trade between UK and Commonwealth countries at the Commonwealth Head of Governments Meeting (CHOGM). Maritime UK brings together the UK’s shipping, ports, services…

Sealand Launches GOEX service from New Orleans Port

Apr 21, 2018

Sealand, the Intra-Americas regional ocean carrier of the Maersk Group, will operate a new direct, all-water service, the Gulf Ocean Express (GOEX) service, that connects Central America, Panama and Columbia to and from the Port of New Orleans (Port NOLA)…

Samskip Nor Lines' Service to Call Rotterdam

Apr 20, 2018

Samskip subsidiary Nor Lines will include calls at Rotterdam for the first time in its weekly multipurpose liner service connecting to Western, Mid and Northern Norway, with effect from June 1st. The service is provided by Nor Lines' state of the art…

Diana Shipping TC for m/v Arethusa with Glencore

Apr 20, 2018

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Panamax dry bulk vessels, the m/v Arethusa.  The global shipping…

Oldendorff Halts Guyana Operation Due to Rusal Crisis

Apr 20, 2018

German shipping group Oldendorff Carriers is stopping its business in Guyana, the company said on Friday, after the United States blacklisted Russian aluminum producer Rusal, which has a plant in the South American country.The United States…

Dry Bulk: Capesize Rally Continues

Apr 20, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, hit an over three-month high on Friday as a rally in the capesize vessel segment helped the index record its best week since August 2014.The overall index…

Ships Carrying US Sorghum U-turn after China Tariffs

Apr 20, 2018

Several ships carrying cargoes of sorghum from the United States to China have changed course since Beijing slapped hefty anti-dumping deposits on U.S. imports of the grain, trade sources and a Reuters analysis of export and shipping data showed…

Krishnapatnam Port Container Throughput Rises

Apr 20, 2018

Krishnapatnam Port Company Limited (KPCL), the largest deepwater port on the east coast of India, announced that it has handled 45 Million Metric Ton (MMT) of cargo in 2017-18 (FY18) thus, achieving a 25 percent growth over 36.10 MMT handled in the previous fiscal…

CMA CGM to Acquire 25% Stake in CEVA

Apr 20, 2018

French container shipping company CMA CGM said on Friday it would buy a stake of around 25 percent in Ceva Logistics, which is being listed on the Swiss stock market.CMA CGM said that as part of this process, it would subscribe to a 380-450…

Panama Canal LNG Volume Soars as Global Demand Grows

Apr 20, 2018

The Panama Canal may carry five times as much liquefied natural gas (LNG) in 2020 as it did last year as production of the fuel expands in the United States and Asian import demand rises, the head of the canal's governing agency told Reuters…

Port of Rotterdam Freight Throughput Falls in 1Q

Apr 19, 2018

In the first quarter of 2018, 1.2% less freight passed through the Port of Rotterdam than in the same period last year. In total, 117.8 million tonnes were handled against 119.3 million tonnes in the same period in 2017.  The fall mainly concerned the throughput of coal…

Bulk Carriers: Capesize Rates Surge

Apr 19, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, jumped 7 percent for the second straight day to a six-week high, perked up by surging capesize rates.The overall index, which factors in rates for capesize…

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