Logistics News


US LNG Exports to Increase: EIA

Aug 10, 2017

U.S. Energy Information Administration (EIA)'s latest Short-Term Energy Outlook projects that the United States will export more natural gas than it imports in 2017.  The U.S. has been a net exporter for three of the past four months and…

India to Push Shipping Sector

Aug 10, 2017

Under the Government of India’s Sagarmala Program to promote port-led development, a master plan has been formulated for the 12 Major Ports.  142 port capacity expansion projects with an estimated cost of  INR 91,434 Crore (USD 14.3 billion)…

FMC Commissioner Doyle Weighs in on THE Alliance Proposed Amendment

Aug 10, 2017

Federal Maritime Commissioner William P. Doyle issued a statement addressing THE Alliance’s filing of an amendment to add further detail to protections in the event of an insolvency. I am pleased that The Alliance is seeking Federal Maritime Commission authority to form…

July Box Volumes up 16% at Port of LA

Aug 10, 2017

July container volumes at the Unites States’ busiest port climbed by 16 percent compared to July 2016 volumes: 796,804 twenty-foot equivalent units (TEUs) came through the Port of Los Angeles, the busiest July in the port’s 110-year history…

GPA Tops 2.85 Mln Tons in July

Aug 10, 2017

The Georgia Ports Authority (GPA) said it moved 2.33 million twenty-foot equivalent container units for the calendar year through July, up 10.8 percent, or an additional 230,000 TEUs. 'It is through the incredible efficiency and productivity…

ENI, Anadarko to Build LNG Terminals in Mozambique

Aug 10, 2017

Italy's ENI and U.S. oil and gas firm Anadarko signed agreements with the Mozambique government on Thursday to build two liquefied natural gas terminals in the southern African country. The terminals will be built in Cabo Delgado province…

Baltic Index Surges on Strong Demand for Larger Vessels

Aug 10, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, notched its biggest one-day percentage gain in five months on Thursday, buoyed by soaring demand for larger vessels. The index, which factors in rates for capesize…

Argentina Cuts Tariffs on Used Oil Equipment Imports

Aug 10, 2017

Argentina's government published a decree on Thursday eliminating or reducing tariffs on imports of used equipment for oil and natural gas companies, a measure long sought by the industry, but it included requirements to buy some locally produced goods…

GranInvestimentos and Royal IHC Join Forces

Aug 10, 2017

Brazilian company GranInvestimentos and Dutch company Royal IHC are joining forces to deliver integrated life cycle solutions to customers in the oil and gas sector. Through this partnership, both companies are set to increase their operational and service activities…

iContainers Urges Freight Forwarders to Embrace Technology

Aug 10, 2017

Online freight forwarding company iContainers has urged the freight forwarding industry to embrace technology. “As shippers press on with their demand for speed, transparency, and efficiency, the freight forwarding strives hard to find a quick enough and appropriate response…

Decas Selected as a Top Port Director

Aug 10, 2017

While inclusion with the International Association of Top Professionals is an honor in itself, only a few members in each discipline are chosen for this distinction. These special honorees are distinguished based on their professional accomplishments…

Global Bulk Terminals Market to Grow 5.1%

Aug 09, 2017

Global Bulk Terminals market is expected to grow from $5.20 billion in 2016 to reach $7.41 billion by 2023 with a CAGR of 5.1%, said Forecast Research Study. Rising demand from industrial output, increasing usage of bulk commodities and…

Pasha to Boost Vehicle Imports at Grays Harbor

Aug 09, 2017

Pasha Automotive Services to process FCA US imports via Lázaro Cárdenas to Port of Grays Harbor, Wash. Pasha Automotive Services said it will provide a new volume of port-processing services at its Port of Grays Harbor facility in Washington for FCA US LLC…

Ports Ponder Public Private Partnerships

Aug 09, 2017

Because any port is only as efficient as its weakest link, so-called P3 funding will be the key to driving the future intermodal equation. Seaport and marine terminal finance draws from a wide range of funding sources, often combined to pay for a particular project…

Maritime UK Chief Welcomes $8.6 Bln Infrastructure Project

Aug 09, 2017

Maritime UK Chairman, David Dingle, has welcomed the signature of a major construction contract to deliver the tunnels, bridges and earthworks for phase 1 of the HS2 project. The contracts cover works on both Stage 1 and Stage 2 of the high-speed rail 2 (HS2) project…

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