Logistics News


OSC Launches VLCC Chartering Business

May 23, 2017

Oman Shipping Company (OSC) has officially set up a new commercial chartering desk offering its Very Large Crude Carrier (VLCCs) to major traders and charterers covering VLCC routes worldwide. OSC, one of the biggest ship owners in the MENA region…

Kalmar Delivers RTGs to Evergreen

May 22, 2017

Kalmar, part of Cargotec, has successfully delivered five rubber-tyred gantry (RTG) cranes to Evergreen International Storage & Transport Corporation in Taiwan. The cranes will be used in Taoyuan Inland Container Terminal and Hsichih Inland Container Terminal…

ASCO's New Service to Arctic Ocean

May 22, 2017

The Russian Arctic Shipping Company (ASCO) operates between the port of Antwerp and the Arctic region of Russia.  Its ice-reinforced vessels with a capacity of 7,000 to 12,000 tonnes will mainly carry project cargo. The company operates six vessels…

Denmark Paving Way for Digitalization

May 22, 2017

The Danish Maritime Authority (DMA) has launched pilot project to examine the value of blockchain technology. When they want to register ships today, shipowners are still required to fill in and handle documents manually.  With the goal of helping to promote digitalization in Blue Denmark…

S.Korea's Exports on the Rise

May 22, 2017

South Korean exports during the first 20 days of this month rose 3.4 percent from a year ago in U.S. dollar terms, customs data showed on Monday, while imports grew at 11.7 percent. Exports of semiconductors and petroleum products rose 41…

Port Canaveral to Pilot Cold Storage Program

May 22, 2017

Port Canaveral said it has been named an official participant in the Southeast U.S. In-transit Cold Treatment Pilot Program by the U.S. Department of Agriculture, Animal and Plant Health Inspection Service. This pilot designation for Port Canaveral allows entry of in-transit…

CMA CGM Expands India/Middle East/Africa Service

May 22, 2017

Shipping group CMA CGM will launch on May 23, 2017 a second Midas service connecting India, the Indian Ocean, the Middle East and Southern and Western Africa. Betting on the economic dynamism of both India and the countries of Africa, CMA…

CMA CGM Launches Second Midas Service

May 22, 2017

On May 23, 2017, CMA CGM launched a second Midas service connecting India, the Indian Ocean, the Middle East and Southern and Western Africa. The CMA CGM Group is betting on the economic dynamism of both India and the countries of Africa…

Coal: Adani defers Australian Investment Decision

May 22, 2017

India's Adani Enterprises on Monday deferred a final investment decision on its long-delayed Australian Carmichael coal project as the Queensland state government has yet to sign off on a royalty deal for the mine. The company had been planning…

Hyster to Electrify Big Trucks

May 21, 2017

The scale of electric powered vehicles is about to take a giant leap as Hyster Company announces that testing is underway on high capacity lift trucks with electric motors.   The company suggests that, in the near future, ports and heavy…

ADM Brazil Unit Invests $85 Mln in Santos Port

May 19, 2017

The Brazilian unit of Archer Daniels Midland Co on Friday said it had completed a 33 percent expansion in its Santos port terminal's export capacity to 8 million tonnes of grains per year. The company invested 280 million reais ($85.19 million) in the project…

Port Manatee, Guatemala Seek to Grow Trade

May 19, 2017

Port Manatee and Guatemala are seeking to build upon their relationship in the wake of a visit from a Guatemalan trade commissioner.“Port Manatee is already an important hub for Guatemalan imports and exports, and we see substantial prospects for growth in this relationship…

CMA CGM Posts Higher Q1 Profits

May 19, 2017

Container shipping line CMA CGM posted higher first-quarter profits, helped by a turnaround at recently acquired NOL, and gave an upbeat assessment for the current quarter in another sign that the shipping industry is emerging from a slump. The…

Wilhelmsen Drone Project Takes Off

May 18, 2017

Marking a seismic shift in just how ships agents can support their customers, Wilhelmsen Ships Service (WSS) will soon be delivering its agency essentials via drone. A much talked about technology, with obvious applications for the shipping industry…

Safe Bulkers Expands Fleet

May 18, 2017

Safe Bulkers, in its Q1 financial results annoucements said that with the latest addition of Pedhoulas Rose, its fleet has increased to 38 dry bulk vessels.In January 2017, the company took delivery of Pedhoulas Rose (Hull No. 1146), a 82…

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