Logistics News


DP World, Suez Canal to Build Egypt El Sokhna

Sep 23, 2017

Chairman of the Suez Canal Authority Mohab Mameish and CEO of DP World Sultan Ahmed Bin Sulayem signed an initial partnership agreement in the UAE to establish a major development company for the development of Ain Sokhna, Al-Ahram daily reported…

IMC Envisages Singapore as Global Maritime Hub

Sep 23, 2017

The International Maritime Centre (IMC) 2030 Advisory Committee, established by the Maritime and Port Authority of Singapore (MPA) in August 2016, has submitted the IMC 2030 Strategic Review report to the Singapore Government.  The Committee’s…

Crowley Sends Cargo Flow to Puerto Rico for Hurricane Relief

Sep 22, 2017

Crowley Maritime Corp. announced that it has established a flow of relief cargo into San Juan, Puerto Rico, following Hurricane Maria, the devastating Category 4 storm that made direct impact with the island on Wednesday.   To make this possible…

Baltic Index Hits More Than 3-year High on Strong Capesize Rates

Sep 22, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest in three-and-a-half years on Friday, boosted by strong capesize rates.The overall index, which factors in rates for capesize…

Hawaii Stevedores Commits Kapalama Container Terminal

Sep 21, 2017

Honolulu-based Hawaii Stevedores, Inc. has received confirmation from Hawaii State Department of Transportation (HDOT) that, together with the state, Hawaii Stevedores will continue the joint development of the Kapalama Container Terminal (KCT)…

European Shipowners Back EU, Canada Trade Agreement

Sep 21, 2017

European shipowners have welcomed provisional application of the Comprehensive Economic Trade agreement between the EU and Canada (CETA). The CETA agreement will boost trade considerably between the EU and Canada. It will cut customs duties…

Organisations Across Europe Ask EU to Invest More in Transport

Sep 21, 2017

With the slogan “More EU budget for transport, the best investment plan for Europe” a coalition of thirty European transport organisations are launching today their campaign for a strong connecting Europe Facility for the next financial period 2021-2028…

GAC Announces IT Appointments

Sep 21, 2017

The GAC Group has announced two key IT management appointments as the group aims to maximize the effectiveness of digital tools to serve and grow its global business. Chief Information Officer Martin Wallgren says GAC’s new digital platform focuses on market intelligence…

Baltic Index Extends Gaining Streak

Sep 21, 2017

Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for a sixth consecutive session, helped by stronger rates for capesize and smaller vessels.The overall index, which factors in rates for capesize…

CMA CGM Confirms CSSC Yards for Mega-Ships

Sep 20, 2017

CMA CGM, the world's third- largest container line, and CSSC Group have officially signed the contract for the construction of nine 22,000 TEU ships, the largest container vessels ordered to date.Representatives from CMA CGM, Hudong-Zhonghua Shipbuilding (Group)…

Crowley Awards Scholarships to Four Cal Maritime Cadets

Sep 20, 2017

Crowley Maritime Corp. awarded four California Maritime Academy (CMA) students with Thomas B. Crowley Sr. Memorial Scholarships during last night’s Containerization and Intermodal Institute’s Connie Awards dinner in Long Beach, Calif. Crowley’s Victoria Ellis…

Northwest Seaport Alliance CEO Wolfe Receives 2017 Connie Award

Sep 20, 2017

John Wolfe, CEO of The Northwest Seaport Alliance, received the 2017 Connie Award presented by the Containerization & Intermodal Institute in Long Beach, Calif., on Tuesday, September 19.Since the formation of the NWSA in August 2015, Wolfe…

Dominican Republic Shuts Most Ports ahead of Hurricane Maria

Sep 20, 2017

Dominican Republic closed most of its ports ahead of Hurricane Maria, but the country's 34,000-barrel-per-day refinery was still running, the government said on Wednesday. Ports that suspended operations under the 'red alert' declared for extreme weather conditions are La Romana…

Kalmar, MSC Pact for Container-Handling Equipment

Sep 19, 2017

Kalmar, part of Cargotec, is to continue its cooperation with Mediterranean Shipping Company (MSC) with a new order for container-handling equipment.  The order, comprising five Kalmar reachstackers and two empty container handlers, was booked in Cargotec's 2017 third quarter intake…

River Thames Simulation Supports Safer Navigation

Sep 19, 2017

The Thames Tideway Tunnel project, London’s new ‘super sewer’, which will upgrade the city’s 19th century sewerage system for today’s eight million plus inhabitants, requires excavation on an enormous scale. Creating a tunnel 25 kilometers in length…

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