Logistics News


Brazil Exports Soy from New Northeast Terminal

Jul 26, 2015

Two soybean cargoes have recently departed from a new terminal in northeast Brazil operated by VLI and local trader Multigrain, the latest option in the region as exporters look for alternatives to Brazil's overcrowded southern ports.A third ship carrying 27…

Ships Cross Egypt's New Suez Canal in First Test-run

Jul 25, 2015

The first cargo ships passed through Egypt's New Suez Canal on Saturday in a test-run before it opens next month, state media reported, 11 months after the army began constructing the $8 billion canal alongside the existing 145-year-old Suez Canal…

US Slaps Sanctions on Singapore Shipping Firm over North Korea Links

Jul 24, 2015

The United States imposed sanctions on a Singapore-based shipping firm and its president, alleging they are supporting illicit arms imports into North Korea. The Treasury Department said that Senat Shipping Company was providing extensive support to Ocean Maritime Management Company (OMMC)…

Intertanko Protests Nigeria Tanker Ban

Jul 23, 2015

Intertanko has issued a strong protest against Nigeria's decision to ban 113 tankers from its coast. Nigeria's state oil company NNPC has recently banned 113 oil tankers from the country's waters, citing a directive from President Muhammadu Buhari…

Direct Cambodia-China Cargo on Course

Jul 23, 2015

Two Chinese shipping giants are likely to sign agreements with Cambodia's Sihanoukville Autonomous Port (SAP), paving the way for exporters to move cargo directly from Cambodia to China, Xinhua reported. Both Cosco and China Shipping are…

Hanjin to Support Smart Shipping

Jul 23, 2015

Hanjin Group opened its creative economy innovation center in Incheon on Wednesday, hoping to develop the city into a distribution hub of Northeast Asia utilizing advanced shipping technologies.  As part of the center, Hanjin created a fund worth 159 billion won ($138 million)…

Star Bulk Adds Three Vessels

Jul 23, 2015

Star Bulk Carriers Corp. announced that on July 15, 2015 it took delivery of M/V Goliath and M/V Maharaj, two 209,000 dwt Newcastlemax bulk carriers built by Nantong COSCO KHI-Ship Engineering Co. In addition, on July 22, 2015 Star Bulk took delivery of M/V Star Aquarius…

Port Infrastructure Projects Underway in Virginia

Jul 22, 2015

U.S. Transportation Secretary Foxx breaks ground on major infrastructure projects at the Port of Virginia; federal funding supports reduced congestion in nearby neighborhoods U.S. Transportation Secretary Anthony Foxx today joined Virginia Gov…

Philippines Opens up Shipping Sector

Jul 22, 2015

Philippine President Benigno S. C. Aquino III has signed off on legislation to open up the shipping sector and encourage more competition in the cloistered industry, report AFP. He also signed into law a measure that aims to level the country’s playing field…

DP World Opens London Gateway Logistics Centre

Jul 22, 2015

DP World's first distribution centre at the London Gateway Logistics Park opened officially, with the UK's shipping minister, Robert Goodwill MP, in attendance. Goodwill and DP World chairman, Sultan Ahmed Bin Sulayem, formalised the opening of the centre during a ribbon cutting ceremony…

Seafarers’ Charity Brings Shipping to the Classroom

Jul 21, 2015

Seafarers’ charity Apostleship of the Sea (AoS) is doing its bit to introduce shipping to the younger generation and promote a career at sea. The organization played host to work experience student Max Charlton from the Cardinal Vaughan Memorial School in London…

Jebel Ali Port Leads in Port Productivity

Jul 21, 2015

Global marine terminal operator DP World’s flagship Jebel Ali Port has demonstrated once again that it delivers the world’s best productivity for ships berthed at its docks. According the latest JOC Port Productivity data, compiled by industry analysts Journal of Commerce…

BHP to Spend $240 mln on Iron Ore Tug-Boat

Jul 21, 2015

BHP Billiton plans to construct a new eight pen tug harbour at Hunt Point in Port Hedland, as well as purchase six additional tugs, for $US240 million ($A326 million). The investment will also include an upgrade of workshop facilities,…

Trial Operation for New Suez Canal to Begin This Week

Jul 21, 2015

The CEO of the New Suez Canal’s dredging works Wagdy Zaki has said that all preparations have been made to start the trial operation for the New Suez Canal next Saturday. He also said that the head of Suez Canal Authority Gen Mohab Mamesh is following up the trial operation’s measures…

Kansas Shipping Hub Announce Finalists

Jul 21, 2015

Seven finalists have been selected for the site of a proposed Kansas transload shipping center. The Kansas Department of Transportation/Kansas Turnpike Authority Transload Facility Site Analysis team selected the finalists from the 111 proposals submitted for consideration…

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