In the near future, a physical Customs document will no longer be required to transfer containers from one Maasvlakte terminal to the other within the Port of Rotterdam. Participating terminals APMT, ECT and RWG have made agreements with…
Aerospace logistics provider B&H Worldwide has strengthened its international management team with the appointment of Reg Echeumuna as Vice President – Americas. He will be based from the company’s Miami facility in the USA and will report to Senior Regional Director…
The EU transport ministers convened at the first day of the TEN-T Days in the Van Nelle Factory in Rotterdam. They discussed the process of implementing the Trans-European Transport Network: new challenges and opportunities, new technologies and mobility patterns for passengers…
Shippers tell Drewry survey they don’t expect much of a volume uplift in the third-quarter peak season. Nearly half of the 51 shippers who responded to our survey said that they expect volumes for the third-quarter peak season to be the same as they were last year…
Russia's Rosneft and Italy's shipping company Pietro Barbaro have agreed to jointly develop international sea freight operations, as the oil group has been aiming to expand its shipping business. Rosneft (represented by RN-International projects) and Pietro Barbaro S…
Helle Hammer, Managing Director Cefor & Chair of the International Union of Marine Insurance (IUMI) Political Forum discuss about Container Weighing Rules. As of 1 July 2016, only containers with a verified gross mass will be allowed to…
Navig8 Chemical Tankers Inc. has signed sale and leaseback agreements with CMB Financial Leasing Co. Ltd. (CMB) for three of its IMO2 37,000 dwt Interline coated tankers. The company said that the expected net proceeds from the transaction are USD 91…
Panama Canal expansion opens June 26 amid much fanfare and one of the worst shipping industry slumps ever. WSJ says, while it won’t do anything to help the dire state of the industry near-term, the changes are critical to Western trade in the long run…
The container ship-leasing company Seaspan Corp declined Hanjin Shipping Co.’s request for a cut in charter rates by about 30 percent, dealing a blow to efforts by South Korea’s biggest liner to revamp debt amid a prolonged trade slump, reports Bloomberg…
Several key dry bulk shipbrokers have formed the Competitive Ship Brokers Limited (CSBL) to challenge the Baltic Exchange over their role in the market as it tries to sell itself to the Singaporean financial giant SGX, reports the Telegraph…
Athens-based Star Bulk Carriers Corp has determined to effect a 1-for-5 reverse stock split of the Company's common shares. The Company's shareholders approved the reverse stock split and granted the Board the authority to determine the…
Government is planning to locate logistics parks next to ring road and by-pass roads in an effort to reduce pollution and traffic and facilitate multi-modal transport (MTO) across the country, said Honourble Union Minister for Shipping and road transport…
DP World Group Chairman and CEO Sultan Ahmed Bin Sulayem met with the President of Kazakhstan, Nursultan Nazarbayev, at the St Petersburg International Economic Forum (SPIEF) this week to enhance the co-operation between DP World and Kazakhstan…
Vincent Clerc, the Chief Commercial Officer at Maersk Line takes a look on Safety of Life at Sea (SOLAS). Effective July 1, 2016, SOLAS will require that shippers of a packed container provide its verified gross mass (VGM). The customer…
BIMCO President and Chairman of Louis Dreyfus Armateurs, Philippe Louis-Dreyfus opened the Armateurs de France and BIMCO event in Paris on 14 June 2016. The purpose of the event was to provide an overview of BIMCO’s main activities and explain…