Logistics News


UniCarriers Corporation becomes Mitsubishi Logisnext

Jul 13, 2017

Mitsubishi Nichiyu Forklift announced that it will conduct the operational integration with its consolidated subsidiary UniCarriers Corporation and change its company name to 'Mitsubishi Logisnext. Mitsubishi Nichiyu already announced its intention to perform the operational integration…

Algorithm Developed to Optimize Waterway Transit Schedules

Jul 13, 2017

An algorithm has been developed to schedule transit vessel traffic in two-way waterways where safe distances between transiting vessels must be maintained and passage restrictions may hold. It limits the negative effects of the safety constrains…

SC Ports Reports Record Volume in FY2017

Jul 12, 2017

South Carolina Ports Authority moved a record 2.14 million twenty-foot equivalent units in fiscal year 2017, an increase of 10 percent over the previous year’s container volumes. Highest-ever June volumes of 183,237 TEUs gave SCPA a strong finish to its fiscal year…

Lifting and Maneuvering with evo2 Automatic Hooks

Jul 12, 2017

In a joint project between Elebia Autohooks and one of North America’s top suppliers of hot rolled steel bar products, five evo2 automatic hooks with load cell were mounted on a spreader beam at the company’s plant in order to load rebar steel bundles directly onto different “tricky” surfaces…

Egypt to Halt Flour Subsidy, Slash Wheat Imports

Jul 12, 2017

Egypt, the world's largest wheat buyer, will stop subsidising flour for its sweeping bread subsidy programme next month in a move expected to cut wheat imports by up to 10 percent by curtailing smuggling, the supply ministry said on Wednesday…

Transnet Second State Company to Flag Accounting Irregularities

Jul 12, 2017

South African state-run transport and logistics company Transnet said on Wednesday it had suspended senior officials after external auditors flagged 'reportable irregularities' to their regulatory body. Transnet's admission comes a day after…

APM Terminals Mumbai Adds New Arabian Gulf/Mediterranean Direct Service

Jul 11, 2017

French based CMA-CGM, a member of the Ocean Alliance, began the new INDIAMED service to Mumbai with the arrival of the 5,009 TEU capacity CMA CGM Virginia at APM Terminals Mumbai.  The service, linking South Asia with ports in the Arabian Gulf and Mediterranean…

JNPT Registers 5.11% Growth in Container Traffic

Jul 11, 2017

India's largest container port Jawaharlal Nehru Port Trust (JNPT)registered a growth of 5.11 per cent in container traffic in the first quarter of 2017-18. According to a press statement, the JNPT handled 1.20 million TEUs in the first quarter of the current financial year as compared to 1…

TOTE Maritime Invests in Reefer Containers

Jul 11, 2017

TOTE Maritime has this year purchased 350 new high-tech smart refrigerated containers to service the Puerto Rico trade route. TOTE Maritime was among the shipping industry’s pioneers in using machine-to-machine or M2M telematics technology…

A Full Agenda for the International Container Trades

Jul 11, 2017

The past couple of months have been chock-a-block full of maritime activity in the international container trades.  As the Big-3 Japanese Lines remain still on track to spin-off their container business units into a single standalone container carrier company…

Most Cargo Ships Over 20,000 GT are ECDIS Ready -UKHO

Jul 11, 2017

According to UKHO, 72 percent of cargo ships over 20,000 gross tonnage are ECDIS ready, following deadline on July 1, 2017; 9,680 cargo ships over 20,000 gross tonnage using an ENC serviceAlmost three-quarters of cargo ships over 20,000…

Baltic Index Snaps Eight-session Losing Streak

Jul 11, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Tuesday to snap an eight-day losing streak, boosted by improved rates across all vessel segments.The overall index, which factors in rates for capesize…

Jeremy Nixon is CEO of ONE Ocean Network

Jul 10, 2017

The management of the new company,  Ocean Network Express Holdings (ONE) -  the joint venture between three Japanese shipowning societies Kawasaki Kisen Kaisha ('K' Linens), Mitsui O.S.K. Lines (MOL) and Nippon Yusen Kaisha (NYK) was unveiled…

Great Lakes Limestone Trade Slides in June

Jul 10, 2017

Shipments of limestone on the Great Lakes totaled 3,455,019 tons in June, a decrease of 7.3 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported. June’s loadings were also 8.9 percent below the month’s five-year average…

ICS Pleased with IMO's Enviromental Progress

Jul 10, 2017

Commenting on the outcome of last week’s meeting of the International Maritime Organization (IMO) Marine Environment Protection Committee (MEPC), the International Chamber of Shipping (ICS) – which represents the world’s national shipowners’…

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