Logistics News


Bahri Meets with Saudi Arabia’s Ambassador to the US

Mar 17, 2017

Bahri’s CEO meets HRH Prince Abdullah bin Faisal bin Turki bin Abdullah Al Saud at the high-level gathering in the Royal Embassy of Saudi Arabia in Washington, D.C. A senior-level Bahri delegation met with His Royal Highness Prince Abdullah bin Faisal bin Turki bin Abdullah Al Saud…

Strong Capesize Rates Keep Baltic Index at over 3-month High

Mar 17, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a fresh over three-month peak on Friday as capezise rates rallied. The overall index, which factors in rates for capesize, panamax…

Hapag-Lloyd Postpones UASC Takeover

Mar 17, 2017

German container shipper Hapag-Lloyd on Friday postponed the completion date for its takeover of United Arab Shipping Company (UASC) to May 31 from March 31, but said the deal, worth 7 to 8 billion euros ($7.52-8.60 billion), was not at risk…

essDOCS Acquires eCertify

Mar 17, 2017

essDOCS extends its paperless trade offering, team and global reach with the acquisition of eCertify, the provider of electronic Certificates of Origin. essDOCS said it has acquired eCertify Pty Ltd, inventor of the electronic Certificate of Origin (eCO)…

India to Develop Inland Waterways in Assam

Mar 16, 2017

River Brahmaputra from Dhubri to Sadiya was declared as National Waterway-2 (NW-2) in 1988. A Detailed Project Report (DPR) for NW-2 was prepared by the Howe Engineering Project (India), Central Water and Power Research Station (CWPRS) and…

Queen Mary 2 to Host Shanghai Trade Mission

Mar 16, 2017

Maritime U.K. and the Department of International Trade (DIT) will lead a three-day trade mission to Shanghai at the end of March to promote the U.K. as a center for global maritime business. Attended by senior industry and government leaders from both countries…

ISS, Maersk Line Expands Coverage in Papua New Guinea

Mar 16, 2017

Inchcape Shipping Services (ISS), a maritime and logistics service provider, and Maersk Line has expanded their coverage in Papua New Guinea by adding new ports of call in Madang and Wewak. Both ports complement the existing coverage provided at Port Moresby and Lae…

Mega 20,150 TEU Containership Named MOL Triumph

Mar 16, 2017

A new 20,150 TEU containership has captured the “world’s largest” title: MOL Triumph, the first in a series of new mega containerships for Japan’s Mitsui O.S.K. Lines, Ltd., (MOL) was named at Samsung Heavy Industries, Ltd.’s (SHI) Geoje, South Korea shipyard…

SC Ports Container Volume Rise 9%

Mar 15, 2017

South Carolina Ports Authority reported nearly nine percent fiscal year-over-year container volume growth through February.  SCPA's total fiscal year-to-date container volume reached nearly 1.4 million TEUs last month, compared to 1.3 million TEUs handled during the same period last year…

Fleet Management Selects Inmarsat's Fleet Xpress

Mar 15, 2017

Inmarsat’s Fleet Xpress, which delivers maritime connectivity, has been specified by Hong Kong-based Fleet Management Limited, one of global shipping’s largest independent third-party ship managers. Fleet Management Limited (FML), which…

Panama Canal to Launch Vessel Scheduling and Management System

Mar 15, 2017

In response to growing traffic through the waterway, the Panama Canal has announced that it will launch a state-of-the-art vessel scheduling and maritime resource management system to further optimize costs, improve safety and increase the overall…

APL Expands Japan-US Service

Mar 15, 2017

APL has launched the Japan Express (JPX) service, a new weekly Trans-Pacific service which directly connects Japan with the U.S. West Coast.    Offering direct connectivity between Japan and the U.S., the JPX service will offer transit times as fast as a 10 days from Sendai to Los Angeles…

What Do US/Cuba Sanction Changes Mean for Shipping?

Mar 15, 2017

Luke Lane, Senior Claims Executive at UK P&I Club, advises on the easing of the ‘180 day rule’.  In October 2016 the U.S. Treasury, Office of Foreign Assets Control (OFAC) announced amendments to the Cuban Asset Control Regulations (CACR)…

CMA CGM Launches AGAX Service

Mar 14, 2017

CMA CGM has launched a new direct and faster service without any stopover between Morocco and Russia, ideal for Moroccan fruit and vegetable exports. 'CMA CGM, a leading worldwide shipping group, launches the newly enhanced service AGAX…

JNPCT Achieves Record Performance

Mar 14, 2017

Jawaharlal Nehru Port Container Terminal (JNPCT) handled 14,29,936 TEUS of cargo till March 7 as compared to 14,29,277 TEUs, registering a growth of 7.6 per cent. 'JNPCT, one of the four terminals at JNPort which is directly managed by Port authority…

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