Logistics News


Port of LA Ready for Next Generation of Containerships

Sep 18, 2017

As a leading gateway for trade between the U.S. and Asia, the Port of Los Angeles must be ready for the next generation of container ships.The Port of Los Angeles TraPac Terminal is a 24 hour a day, fully automated technologically advanced terminal…

New Private LNG Terminal in Pakistan

Sep 17, 2017

A group of leading business houses in Pakistan plan to build a liquefied natural gas (LNG) terminal by March 2019 for gas processing and consumption in their own plants, Reuters reported. The proposed, second multi-million dollars terminal…

Two New Shipping Lines to Hamad

Sep 17, 2017

Two new maritime lines are launched from Hamad Port which will enhance Qatar’s trade connections with various ports in China, India, Malaysia, Turkey and Greece, among other countries. Qatar News Agency (QNA)  said that both lines will run on a weekly basis…

Hapag-Lloyd Orders 7,700 New Reefer Containers

Sep 15, 2017

This year, Hapag-Lloyd will once again make investments to maintain and expand its container fleet. The liner shipping company has ordered a total of 7,700 refrigerated containers (Reefers) of the latest generation – including 7,000 x 40-foot and 700 x 20-foot units…

More Cars Shipped Via The Port Of Gothenburg

Sep 15, 2017

During the first quarter of the year, new car exports and imports passing through the Port of Gothenburg rose by 12 per cent compared with the first quarter of 2016.  The Port of Gothenburg became the number one vehicle handling port in Scandinavia…

Warning on Hazards of Carrying Bauxite by Ship

Sep 15, 2017

A new warning that bauxite may become unstable when carried in bulk on a ship, potentially causing the vessel to capsize, has been issued by the International Maritime Organization (IMO). Bauxite is one of the world’s major sources of aluminium…

Beaumont Port Still Restricted after Harvey

Sep 15, 2017

While crude deliveries by larger ships to Beaumont in Texas remain restricted after Hurricane Harvey, a workaround using pipelines can supply Exxon Mobil's refinery there, shipping sources said. Silt and clay lingering in the Port of Beaumont still threaten to entrap large ships…

CMA CGM Confirms Order for Nine Mega Ships

Sep 15, 2017

CMA CGM, the world's third-largest container shipping firm, said it expected operating profits to improve further in the second half as the market continues to recover, and confirmed an order for nine giant vessels. The announcements by…

US-flag Shipping on Great Lakes Up 7%in August

Sep 15, 2017

The Lake Carriers’ Association (LCA) said U.S.-flag Great Lakes freighters (lakers) moved 10.1 million tons of cargo in August, an increase of 7 percent compared to a year ago. The month’s shipments also bettered the August long-term average by approximately 60…

Kiel Port Prize Goes to Grage of SCA Logistics

Sep 15, 2017

The 2017 annual Port of Kiel Prize has been awarded to Jörn Grage, Managing Director of SCA Logistics GmbH.  The award was presented on Thursday evening, September 14th, by Dr Dirk Claus, Managing Director of the PORT OF KIEL (SEEHAFEN KIEL GmbH & Co…

Baltic Index Near Fresh 3-year High

Sep 14, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, touched a fresh near three-year high on Thursday, supported by firmer rates across vessel segments.The overall index — which factors in rates for capesize…

THE Alliance Sets $50 Mln Insolvency Contingency Fund

Sep 14, 2017

Remarks from Federal Maritime Commissioner William P. Doyle at the FTR Transportation Conference 2017, Indianapolis, Ind.  On September 13, 2017, I voted to expedite the Commission’s decision and support THE Alliance’s amendment authorizing…

Port of LA Registers Record-Breaking August

Sep 13, 2017

August container volumes at the Untied States’ busiest port climbed by 6.1 percent compared to August 2016 volumes. 847,857 Twenty-Foot Equivalent Units (TEUs) came through the Port of Los Angeles, marking the busiest August and the second-busiest month in the port’s 110-year history…

Port of Saldanha’s New LPG Terminal Launched

Sep 13, 2017

A new open-access liquefied petroleum gas (LPG) plant has been opened at the Port of Saldanha on the West Coast of South Africa and will aid in increasing LPG's use in the national energy mix. Transnet National Ports Authority (TNPA) awarded…

Baltic Index Edges Lower on Weaker Capesize Rates

Sep 13, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped on Wednesday as rates for capesize vessels fell.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels…

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