Logistics News


VMS Group Expands into West Africa

Nov 05, 2019

The Danish maritime service company VMS Group A/S expands into West Africa opening a workshop in Walvis Bay, Namibia. A favorable location combined with a rapidly growing offshore market and fishing fleet creates huge potential for a strong…

RORO Company Launches New Platform

Nov 04, 2019

The Roll On Roll Off (RORO) Company, a digital freight forwarder, recently launched its new platform, RORO.com, to accelerate global trade of large assets. With access to instant quotes, schedules and bookings, users can save time and money on shipping machinery…

Portugal Announces Tender for Vasco da Gama Terminal

Nov 03, 2019

The Portuguese government has issued a an international public  tender for the development of the Vasco da Gama container terminal at the Port of Sines, seeking a concessionaire who would invest in the project.According to the government sources…

Oldendorff in Bulker Deal with Bangladesh

Nov 03, 2019

German bulk carrier company Oldendorff Carriers  signed a Coal Transportation Agreement (CTA) with  Bangladesh Chinese Power Company limited(BCPCL).Oldendorff will provide a full transportation solution to BCPCL, which includes coal transportation…

Gdansk Ports Aims to be Gateway to Baltic

Nov 01, 2019

Europe’s fastest growing port, the Port of Gdansk, has outlined huge expansion plans designed to double its cargo volumes to 100m tonnes a year, during a high-level maritime and business delegation from Poland to Singapore.The delegation marks…

Netherlands, Poland Pact on Ports

Oct 30, 2019

Polish President Andrzej Duda visited the Port of Rotterdam during his State Visit to the Netherlands in connection with the 75th remembrance of the liberation of the South of the Netherlands.In the presence of Cora van Nieuwenhuizen, the Netherlands Minister of Infrastructure and Water Management…

Maersk Join Forces to Develop LEO

Oct 30, 2019

A.P. Moller - Maersk alongside with Wallenius Wilhelmsen, BMW Group, H&M Group, Levi Strauss & Co. and, Marks & Spencer to explore LEO - a blend of lignin and ethanol - that could be part of the future solution for sustainable shipping.From the phone…

Yang Ming to Launch New ITS Service

Oct 29, 2019

Taiwanese ocean shipping company Yang Ming Marine Transport Corporation said that encouraged by the steady economic growth and foreign trade in between Indonesia, Singapore, Malaysia and Thailand, it  continues to enhance its Southeast Asia…

Venezuelan State Imports Surge Despite Sanctions

Oct 29, 2019

Venezuela's public-sector imports, which include subsidized food for the poor, surged in the first quarter of this year despite U.S. sanctions that President Nicolas Maduro describes as a full blockade, a recent release of central bank data shows…

Hamburg, India Sea Trade Up by 17%

Oct 28, 2019

In the 2019 first half, 106,000 TEU - 20-ft standard containers - were handled in Hamburg on direct services with Indian ports, a gain of 17 percent. This brought India up into tenth place in Hamburg’s ranking of its trading partners for container transport…

Virgin Hyperloop to Add $4Bln to S. Arabia

Oct 27, 2019

Virgin Hyperloop One (VHO) is anticipated to pile in a potential US$4 billion into Saudi Arabia as it strives to make hyperloop transportation a reality.A 35-kilometer test and certification track will be built 100 kilometers north of the Red Sea port of Jeddah…

Gulf Navigation Records 19% Revenue Growth

Oct 25, 2019

Gulf Navigation Holding, the Dubai Financial Market listed maritime and shipping company, has announced a 19 per cent operating revenue growth by the end of Q3 of 2019, compared to the same period last year.The Dubai-based shipping company recorded…

A.P. Moller-Maersk Center of Excellence in Tamil Nadu

Oct 25, 2019

Maersk, a global integrator of container logistics, has laid the foundation stone of its planned ‘A.P. Moller – Maersk Center of Excellence’ facility at Thenpattinam (Tamil Nadu), to support skill development and training needs for Maersk cadets across job functions (deck…

JAXPORT Sets Cargo Records

Oct 25, 2019

Florida’s largest container port achieved record volumes in containers, vehicles and overall tonnage during the fiscal year ending September 30, 2019.The Jacksonville Port Authority (JAXPORT) moved more than 1.338 million twenty-foot equivalent units (or TEUs…

Baltic Index Snaps 9-Session Losing Streak

Oct 24, 2019

The Baltic Exchange's main sea freight index edged up on Thursday, ending a nine-session losing streak, on higher demand for capesize vessels.The Baltic index, which reflects rates for capesize, panamax and supramax vessels, inched up 6 points…

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