Logistics News


Port of New Orleans Board Elects Kearney as Chairman

Sep 23, 2016

The Board of Commissioners of the Port of New Orleans has elected Mr. Michael W. Kearney chairman. Mr. Kearney represents Orleans Parish and joined the Board in December of 2012 when he was appointed by former Gov. Bobby Jindal.  He succeeds Mr…

FMC: Update Regarding Commission Briefings on the Status of Hanjin Shipping

Sep 23, 2016

The status of Hanjin Shipping and the disruptions caused by its bankruptcy to the American shipping community, as well as global supply chains, was examined closely by the Federal Maritime Commission during the closed session of the September 20…

India Proposes New MCA for Port Sector

Sep 23, 2016

India's Shipping Ministry on Thursday proposed a new model concession agreement (MCA) to attract more private sector investments in the development of port infrastructure.   The proposed MCA will replace the existing agreement which came into existence in January 2008…

Engelstoft Appointed CEO at APM Terminals

Sep 23, 2016

Morten Engelstoft, currently Chief Executive of A.P. Moller Shipping Services has been appointed APM Terminals CEO effective November 1, 2016. Morten succeeds Kim Fejfer, currently CEO of APM Terminals and Executive Board member in the A.P. Moller-Maersk Group…

Carrix CEO Wins Connie Award

Sep 23, 2016

Knud Stubkjær, CEO of SSA Inc., who has more than 35 years in the ship operation and terminal industry, received the 2016 Connie Award presented by the Containerization & Intermodal Institute (www.containerization.org) in Long Beach, CA, on Tuesday…

Egypt's GASC Receives Four Wheat Offers

Sep 22, 2016

Egypt's state grain buyer GASC received four offers from suppliers at its international wheat purchase tender on Thursday after amending some of the terms, traders said. Earlier suppliers had been holding off on making offers, saying they…

ABTO Warns of Liquefaction Problems at Terminals

Sep 22, 2016

The Association of Bulk Terminal Operators has warned that cargo liquefaction – an issue commonly associated with the seaborne transportation of unprocessed mineral ores and concentrates – is also an issue which bulk terminals need to pay attention to…

Germany's DST Bags IWAI Contract for Designing Special Vessels

Sep 22, 2016

With its objective of providing safe, environment friendly and economical mode of transportation through National Waterway-1 (NW-1), the Inland Waterways Authority of India (IWAI),Ministry of Shipping signed a contract with DST, Germany to design vessels…

Wheat Shipping: Egypt Cancels Zero Ergot Policy

Sep 21, 2016

Egypt has reversed its controversial zero-tolerance policy on the common grains fungus ergot, the government said on Wednesday, backtracking on an import regulation that had all but blocked its access to global wheat. Egypt, the world's largest buyer of wheat…

Little Rock Port Authority Reports August Shipping

Sep 21, 2016

Total barge tonnage through the Port of Little Rock in August was 57,000 net tons.  Dock activities continue to compare favorably to calendar year 2015 as Logistic Services, Inc. has handled 347 barges during the first half of 2016 year and 560…

Libya Exports First Oil Cargo From Ras Lanuf Since 2014

Sep 21, 2016

An oil tanker left the Libyan port of Ras Lanuf for Italy early on Wednesday with the first crude export cargo from the terminal since at least late 2014, boosting hopes of reviving Libya's battered oil output.The port manager of Ras Lanuf…

Korean Air to Loan Hanjin Shipping $54m

Sep 21, 2016

The board of Korean Air Lines , the largest shareholder of collapsed Hanjin Shipping Co Ltd, has approved lending 60 billion won ($53.96 million) to the container carrier, using Hanjin's accounts receivable as collateral, a spokesman for the airline said on Wednesday…

Shell loads first LNG vessel at Gate Terminal

Sep 21, 2016

Shell’s started operations of the new LNG fuel infrastructure at Gas Access to Europe (Gate) terminal in the Netherlands. The new LNG fuel infrastructure included the construction of a new berth. This new berth has now started operations…

Indian Oil Giant May Scrap LNG Vessel Tender

Sep 21, 2016

GAIL India, largest state-owned natural gas processing and distribution company in India, will likely scrap the tender for hiring LNG ships after failing to negotiate acceptable terms with bidders in what would hurt India's ambition to build…

Busan: Business May Not be As Usual, Post Hanjin

Sep 21, 2016

Though Busan Port, the largest customer of Hanjin Shipping and hit hardest by the Liner's collapse,  asserts that everything is under control, doubts are being raised on Hanjin rehab plan as ships clog at the South Korean port, reports Reuters…

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