Logistics News


Ro-Ro Terminal in Assam to Boost Traffic

Mar 21, 2017

The government of India said berthing operation of a vessel was carried out at the newly-constructed Roll-on Roll-off (Ro-Ro) terminal on the Brahmaputra in Assam. The  Inland Waterways Authority of India (IWAI) vessel will be deployed for Ro-Ro (roll-on…

MOL Holds Graduation Ceremony for Filipino Seafarers

Mar 21, 2017

Mitsui O.S.K. Lines announced the graduation of 88 students in the sixth class of the '3rd Year Program,' which MOL introduced with the goal of developing crewmembers who will uphold strict safety standards in vessel operation. The 3rd…

St. Lawrence Seaway Navigation Season Open

Mar 21, 2017

The U.S. Saint Lawrence Seaway Development Corporation (SLSDC) and the Canadian St. Lawrence Seaway Management Corporation have jointly marked the opening of the Seaway’s 59th navigation season. The official opening ceremony of the binational waterway took place on March 20 at the St…

US O&G Industry Reaps the Benefits of International Trade

Mar 21, 2017

Rising exports have thrown a lifeline to U.S. shale producers and refiners, giving them an additional outlet at a time when the domestic market has been at risk of becoming saturated.The United States exported record quantities of natural gas…

Baltic Index Snaps 14-day Winning Streak

Mar 21, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, snapped a 14-session winning streak on Tuesday as rates for larger vessels fell.The overall index, which factors in rates for capesize…

CFE Extends 2-Cargo LNG Tender Close by One Day

Mar 21, 2017

Mexico's state-run power utility CFE has extended the close of a buy tender seeking two liquefied natural gas (LNG) cargoes in April by one day to Wednesday, trade sources said.The deliveries are due to arrive at Mexico's Altamira terminal on the Atlantic coast…

Thessaloniki Port Workers Plan Stoppage to Protest Port Sale

Mar 21, 2017

Workers at Greece's second-biggest port, Thessaloniki Port, will walk off their job for a few hours on Wednesday to protest the port's sale, a key condition of the country's international bailout. The sale was launched in 2014 but has been plagued by delays and political resistance…

Crowley, Penn Terminals Sign Multi-year Services Agreement

Mar 21, 2017

Crowley Maritime Corporation said it has signed a multi-year stevedoring and terminal services agreement with Penn Terminals in Eddystone, Pa., to accommodate the company’s weekly Northeast container shipping service to and from San Juan, Puerto Rico…

O’Hollaren Named Port of Portland Marine Marketing Director

Mar 21, 2017

The Port of Portland has hired Ken O’Hollaren to lead the Port of Portland’s marine marketing efforts, starting March 20, 2017. O’Hollaren previously served as the executive director of the Port of Longview and the Port of Port Angeles,…

Bahri Opens Office in Houston

Mar 21, 2017

Bahri has opened its second North American office in Houston, home to one of the country’s largest breakbulk and general cargo ports. The new location is Bahri’s second in North America, following Bahri Logistics (America), which has been operating out of Bahri’s U…

SM Group Mulls More Takeovers

Mar 20, 2017

South Korea’s Samra Midas Group (SM Group) said that it is looking to acquire some overseas shippers, among other businesses in an effort to expand its foothold in the maritime sector, Yonhap News Agency cited one of the company’s officials…

DP World’s Net Income Exceed USD 1 Bln for First Time

Mar 20, 2017

Dubai-based port and terminal operator DP World announced strong financial results from its global portfolio for the twelve months ending 31 December 2016, despite “significant challenges” in the industry. On a reported basis, revenue grew 4…

Double-digit Cargo Growth at Georgia Ports

Mar 20, 2017

The Georgia Ports Authority saw its busiest February ever for total cargo, moving 2.94 million tons across all docks last month - a 10 percent increase over February 2016, and second only to January's 3.01 million tons. Container tonnage was a leading factor in the growth…

Prince Rupert Port to Boost Agricultural Exports

Mar 20, 2017

The Port of Prince Rupert announced an expansion project for containerized cargo on Ridley Island that will help crops from the Canadian agricultural industry reach international markets while expanding intermodal logistics capacities at the Port of Prince Rupert…

Danos Posts Best Safety Record in Company History

Mar 20, 2017

Danos completed 2016 with a Total Recordable Incident Rate (TRIR) of 0.11, the lowest since the company began tracking the data in 1979. The company credits this record to its comprehensive safety management system and the dedication of employees at every level…

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