Logistics News


When is a Master Entitled to Refuse Damaged Cargo? A Reminder from the Standard Club

Dec 18, 2015

A master’s authority to clause bills of lading issued by or on his behalf can sometimes become the cause of disagreement between shippers, charterers and carriers. Under Article III Rule 3 of the Hague/Hague Visby Rules after receiving the cargo…

First Mega Containership Coming to America

Dec 18, 2015

The largest container ship to visit the U.S. West Coast is scheduled to arrive at the Port of Los Angeles on December 26. The CMA CGM Benjamin Franklin, which was launched on December 10 is scheduled to make her maiden call at APM Terminals-Pier 400 at the Port of Los Angeles…

Port of New Orleans Elects New Board Chairman

Dec 17, 2015

Port of New Orleans' Board of Commissioners Elects William T. Bergeron Chairman; Michael W. Kearney Elected Vice Chair, Robert Barkerding Jr. Elected Secretary Treasurer The Board of Commissioners of the Port of New Orleans today elected William T…

Shippers’ Confidence Dips Slightly -Moore Stephens

Dec 17, 2015

Overall confidence levels in the shipping industry fell in the three months to November 2015, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens.  The average confidence level…

Stolt-Nielsen Board Elects a New Director

Dec 17, 2015

The Board of Directors of Stolt-Nielsen Limited has announced the election of a new director, Rolf Habben Jansen, Chief Executive Officer of Hapag-Lloyd AG.  The Board of Directors of SNL received approval at the Company's Annual General Meeting in April of 2015 to fill two vacancies…

Drewry: Container Reliability Stable in November

Dec 16, 2015

Containership reliability was broadly unchanged in November as the average on-time performance across all trades slipped by just 0.8 percentage points against October to 77.2%, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors…

UASC Loads a Record 18,601 TEUs on Board M.V. Al Muraykh

Dec 16, 2015

United Arab Shipping Company (UASC) announced a record breaking load of 18,601 TEUs on board M.V. Al Muraykh, one of the world’s three greenest vessels currently operated by UASC. The ultra-large container vessel departed Port Klang in…

ABP Port of Southampton Welcomes its Latest Record-Breaker

Dec 16, 2015

The biggest container ship in the world, the MSC Maya, made its maiden call at Southampton on Tuesday 15 December.  The 395.4m vessel, which can carry a world-leading 19,224 containers, is just the latest giant container vessel to call at the port in recent weeks…

NOIA Rebuts “Red Herring” Study on Atlantic Development

Dec 16, 2015

NOIA President Randall Luthi issued the following statement regarding a report released today by SELC which attempts to discredit an earlier study by Quest Offshore: “The Quest Study estimates the potential for jobs, economic activity…

GAC celebrates 30 years in India

Dec 16, 2015

GAC India has celebrated 30 years of operation in the country with an event held at the Trident, Bandra Kurla Complex.GAC Shipping (India) Pvt. Ltd. was the first GAC office to open in the Indian Subcontinent. Operations began in 1985…

Global Marine Port and Service Industry to Grow at a CAGR of 4.7%

Dec 15, 2015

According to a new industry report published by Lucintel, the future of the global marine port and service industry looks good, with opportunities in the marine freight transportation industry.  As per a Lucintel study, the global marine…

Maritime Sector Split on Paris Climate Deal

Dec 15, 2015

International shipping groups remain divided over how to reduce carbon emissions after being left out of the climate-change pact reached over the weekend in Paris, reports WSJ. The International Chamber of Shipping (ICS), representing the global shipping industry…

Maersk Group Welcomes the Final Paris Agreement

Dec 15, 2015

The Maersk Group welcomes the final Paris agreement among some 195 countries, covering more than 90% of global greenhouse gas emissions. The Group is however disappointed that the outcome does not regulate the environmental impact of shipping…

Ship of Turkish President's Son Implicated in ISIS Oil Trade

Dec 14, 2015

According to the Independent, oil tankers owned by Bilal Erdogan, son President Erdogan, has involved in the illicit  oil trade with  Islamic State (ISIS). The ships are  registered in Malta and all fly the Maltese flag. Russia's allegations…

CMA CGM Buys NOL Shares from Open Market, Below Par

Dec 14, 2015

CMA CGM SA has bought about 3.68 million shares of Singapore-based Neptune Orient Lines (NOL) on the open market at S$1.22 per share. The shares purchased make up 0.14 per cent of NOL's issued share capital, reports Straits Times. The purchase…

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