Green methanol manufacturer Carbon Sink is partnering with Jones Act-compliant shipping company Rose Cay Maritime (RCM) to build out an end-to-end low-carbon marine fuel supply chain.The two companies signed a memorandum of understanding (MOU) outlining a plan for increasing green fuel production…
German logistics company Röhlig Logistics has appointed Simon Albrecht as Global Sea Freight Director, effective July 1, 2023.“Röhlig has an excellent reputation and I am very much looking forward to being part of this international team and playing an active role in the company’s development…
Logistics company Kuehne+Nagel International has appointed Michael Aldwell to its Management Board as of October 1, 2023.Aldwell will assume responsibility for the business unit Sea Logistics and succeed Horst Joachim (Otto) Schacht.Schacht (born in 1959)…
The COVID-19 pandemic put a spotlight on the importance of global supply chains. Many Canadians, most of whom had never thought about the details of how a shipment made its way from origin to destination suddenly found themselves acutely aware of how critical efficient…
ZIM Integrated Shipping Services Ltd., along with other investors, announced the initial closing of an $8 million financing round in Spinframe. The Israeli shipping company said it led this investment as part of its strategy to invest in early…
Pangaea Logistics Solutions has entered into a deal to acquire marine port terminal operations in Port Everglades/Ft. Lauderdale and Port of Palm Beach, Florida, and Port of Baltimore, Maryland, from Host Terminals, a wholly owned subsidiary of T…
Australia-based logistics company Qube Holdings has acquired a 50% stake in New Zealand’s Pinnacle Corporation and 100% of Kalari.Pinnacle, a New Zealand owned and operated group of companies, operates both port-based and stand-alone facilities…
Tens of gigawatts of floating wind projects are slated for development in this and the next decade, but many obstacles remain.There has been much focus on the emerging floating wind market of late.The U.K. is forging ahead with commercial scale…
The former Amazon.com Inc executive who oversaw the e-commerce company's transportation network buildout for its sellers, now aims to do the same for rival shipping customers as chief executive of logistics startup Flexport.'I wanted to ... do it again for everyone else…
Cross-docking and drayage are two powerful tools that can revolutionize your shipping operations. With their expanded benefits, including greater efficiency and cost savings, it's easy to understand why these services are becoming increasingly popular among businesses today…
Wilson Sons selected ABB’s Optical Character Recognition (OCR) system for ship-to-shore (STS) gantry cranes at Rio Grande container terminal, including the QuayPro module to digitalize container stowage confirmation processes. The company has…
“On Friday February 24, 2023, one year has passed since Russia’s invasion of Ukraine. During that year, dry bulk exports from Ukraine have dropped 77.8% compared to the same period a year earlier, causing a decline in global dry bulk volumes…
DP World has won a major concession to develop, operate and maintain the mega-container terminal at Deendayal port in Gujarat, on the western coast of India.The project involves the construction of a mega-container terminal at Tuna-Tekra through a Public Private Partnership (PPP)…
Ports of Stockholm is one of the world’s largest passenger ports and one of Sweden’s largest freight ports. Despite a declining economy, goods volumes have remained high and the number of passengers increased significantly compared to the previous year…
Venezuela's state oil firm PDVSA is toughening terms for buyers after a month-long halt to most exports of crude and fuel, demanding prepayment ahead of loadings in either cash, goods or services, company documents showed.PDVSA's new Chief Executive Pedro Tellechea put the move in place this month…