Logistics News


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…

Expanded Panama Canal Welcomes 1000th Neopanamax Vessel

Mar 20, 2017

Less than nine months after the historic inauguration of the Expanded Canal, the Panama Canal has announced that it has welcomed its 1,000th Neopanamax vessel through the waterway, highlighting the importance of the route and customers’ continued faith in the safe…

Dubai Mulls Maritime Clusters

Mar 19, 2017

The Dubai Maritime City Authority (DMCA) recently brought together the high-level representatives of key Dubai maritime associations at its headquarters to engage industry leaders in insightful discussions according to the Dubai Maritime Sector…

India Upgrades Standards of Major Ports

Mar 17, 2017

Significant improvement in efficiency has been achieved by India's Major Ports in the last two years, said the Minister of State for Shipping Pon. Radhakrishnan. With a view to improve further the efficiency and productivity of the major ports and make it comparable internationally…

TEN Strengthens Vessel Base

Mar 17, 2017

Tsakos Energy Navigation (TEN)'s growth has continued unabated in 2017 with the delivery of one VLCC, the Hercules I, one aframax tanker the Marathon TS and the shuttle tanker Lisboa, currently all under long-term employment to solid counterparties…

OP/Ed: Trump, Congress Must Commit to Funding TIGER

Mar 17, 2017

Coalition for America’s Gateways and Trade Corridors executive director Elaine Nessle comments on the U.S. Department of Transportation’s funding under President Trump’s Fiscal Year 2018 Budget Blueprint. The Coalition for America’s Gateways…

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