Logistics News


Port of LA Sets April Cargo Record

May 11, 2017

April cargo volumes surged 8.9 percent at the Port of Los Angeles compared to the same month last year. It was the best April in the port’s 110-year history. For the first four months of 2017, cargo has increased 10 percent compared to 2016…

Abu Dhabi Ports Seeks Korean Investment

May 10, 2017

Abu Dhabi Ports the master developer, operator and manager of commercial and community ports in UAE, as well as Khalifa Industrial Zone, in conjunction with Abu Dhabi and the Korean Chambers of Commerce and Industry, have hosted an investment forum for the Korean market…

Intermarine Expands Americas/Mediterranean Service

May 10, 2017

Transporter of project, breakbulk and heavylift cargo Intermarine, LLC said it has expanded its Houston-based liner services from the Americas to the Mediterranean. The line will focus on service from the U.S. Gulf Coast/Americas to the Mediterranean…

World's Largest Mobile Harbor Cranes Baptized

May 10, 2017

Four years ao Montecon challenged Liebherr Maritime Cranes to design and built a pair of mobile harbor cranes, the world's largest, that would be able to reach up to 22 rows of containers, a feat of dockside logistics never seen before.The project was recently successfully completed…

Navios Acquires Capesize Vessel

May 09, 2017

Navios Maritime Partners, an international owner and operator of dry bulk and container vessels, announced on May 9 that it has agreed to acquire one 2011 South Korean-built Capesize vessel of 179,016 dwt for a purchase price of $31.05 million…

Canada to Roll Out First Propane Export Terminal

May 09, 2017

Royal Vopak and AltaGas have entered into a joint venture and will invest together in the development of the Ridley Island Propane Export Terminal (RIPET). RIPET is expected to be the first propane export facility off the west coast of Canada…

Officials Mull Future of Dubai Maritime Cluster

May 09, 2017

Further constructive dialogue with Partners sought to enhance maritime cluster Dubai Maritime City Authority (DMCA) officials recently met with officials of maritime company GAC Group to discuss current and future aspects of maritime freight…

US Retail Imports to Grow through Summer

May 09, 2017

Imports at the United States’ major retail container ports are expected to see steady increases through the summer and into the fall, according to the monthly Global Port Tracker report released by the National Retail Federation (NRF) and Hackett Associates…

DP World Unveils Container Tracking Solution

May 09, 2017

Port terminal operator DP World said it has demonstrated its new container tracking solution under the theme of “Where’s My Container?” at Transport Logistic in Munich. After receiving feedback from a pilot release, new enhancements to…

Flexport & the Changing Face of Shipping Logistics

May 09, 2017

Ryan Petersen and his Flexport team are seeking the help re-write the global logistics playbook. Ryan Petersen is the founder and CEO of Flexport. He is also the founder and ex-CEO of ImportGenius.com, the largest provider of business intelligence to the import-export industry…

Frangou to SUNY Maritime Grads: Take Risks

May 09, 2017

On a rainy day in May, 230 graduates at SUNY Maritime College’s commencement ceremony were encouraged to take risks, embrace failure and leave their comfort zones. Angeliki Frangou, chairman and CEO of the Navios Group, applauded the students for the leadership skills…

Baltic Index Up On Higher Capesize Rates

May 09, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, crawled up for the second straight session on higher rates for capesize vessels.The overall index, which factors in rates for capesize…

Demand for Chemical Tanker Fleet Looks Up

May 08, 2017

Demand for methanol and vegoil will moderately support global seaborne trade causing the shipping fleet trading in chemicals and vegoils to expand, according to the latest edition of the Chemical Forecaster, published by global shipping consultancy Drewry…

SC Ports Reports Best April for Box Volumes

May 08, 2017

South Carolina Ports Authority (SCPA) announced its strongest April container volumes on record, with 189,315 twenty foot-equivalent units (TEUs) handled last month.  In addition to being the strongest April in SCPA history, last month's volumes were the second-highest ever handled by the port…

April Boost at Port of Long Beach

May 08, 2017

More ships calling at the Port of Long Beach in April thanks to new business and changes to vessel deployments helped to push container volumes 16.5 percent higher compared to the same month last year. For the calendar year so far, cargo volume at the port is up 5…

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