Logistics News


Fed's Green Signal for Port Everglades Expansion

Jun 27, 2015

Port Everglades received key federal clearance to begin the next phase of deepening and widening its channels. The port now can seek Congressional funding for a project that would generate thousands of jobs and maintain the region's leading position in international trade…

MOL Inaugurates Ikeda as President

Jun 26, 2015

Mitsui O.S.K. Lines, Ltd. (MOL) inaugurated Junichiro Ikeda as its new president on June 23, 2015. “The world economy continues to expand, and demand for ocean transport is growing steadily. On the other hand, the world political and economic…

Port of Seattle Hires Economic Development Director

Jun 25, 2015

Port of Seattle CEO Ted J. Fick has hired David McFadden as a member of the port’s executive team, effective July 21. McFadden joins the Port of Seattle as the Managing Director of the Economic Development Division, responsible for a portfolio…

AAPA Praises Senate for Passing TPA - 2015

Jun 25, 2015

“The prosperity of the United States is inextricably entwined with that of the rest of the world and international trade agreements provide stability and equity enabling increased trade,” said American Association of Port Authorities (AAPA)…

AAPA Weclome New DRIVE Act Legislation

Jun 25, 2015

The American Association of Port Authorities (AAPA) - the unified and recognized voice of seaports in the Americas – today applauded inclusion of several key seaport industry freight mobility priorities in new legislation that was approved this morning by the U…

Maersk Line to Stay at Houston Port

Jun 25, 2015

The world’s biggest shipping company, Maersk Line, and its affiliated shipping services, SeaLand and Safmarine, has agreed to continue to call at the Port of Houston after APM Terminals, a unit of Maersk Group, said it was permanently terminating its operations there…

Varun Splits into Two

Jun 25, 2015

Mumbai-based shipping firm Varun Shipping Co. Ltd  will be split into two listed entities after the Bombay high court approved a demerger scheme. The Company announced that according to the Composite Scheme of Arrangement and Amalgamation…

Globus Maritime Reports Q1 Loss

Jun 25, 2015

Greece-based dry bulk shiping company, Globus Maritime has been pushed back into the black by miserable dry bulk rates, but the company has said that it is awaiting market improvements within 2015.  George Karageorgiou, President, Chief…

Officer Shortage in Shipping

Jun 25, 2015

The international shipping industry will require an additional 42,500 officers by the end of 2019 to cope with the expected growth in the main cargo carrying fleet, according to the latest manning report published by global shipping consultancy Drewry…

French Port Strike Brings Travel Chaos

Jun 23, 2015

A strike by French ferry workers is causing travel chaos in the south of England and Eurostar services from London are experiencing long delays. Calais strike is over - but motorists still face lengthy delays. Sailings have been resumed…

Singapore Opens $3.5bln Phase 3 and 4 of Pasir Panjang Terminal

Jun 23, 2015

The $3.5 billion Phase 3 and 4 expansion of Pasir Panjang Terminal was officially opened by Prime Minister Lee Hsien Loong on Tuesday (June 23). The expansion will add 15 berths with a 6 km quay length to the container terminal's existing 52 berths…

TransCanada Axes 185; Touts Economic Service

Jun 23, 2015

TransCanada Corp, the backer of the controversial Keystone XL pipeline project, said on Tuesday it has eliminated 185 jobs following a restructuring of its major projects department.The company said 100 of the cuts came from its full-time staff while the remainder were contract employees…

CaroTrans Expands with Direct Milan to Charleston Service

Jun 23, 2015

CaroTrans, a  global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, has announces a new direct, weekly LCL (less than container load) import service from Milan to Charleston with a 21 day transit.  Connections to Miami…

Lifting of Travel Restrictions Welcomed by Mombasa Port Businesses

Jun 23, 2015

The decision yesterday by the UK’s Foreign and Commonwealth Office (FCO) to lift its advisory that travel to Mombasa should only be ‘essential’ has been welcomed by local businesses, especially those in the port community.Mohammed Muses…

MICCO to Invest in Khalifa Port's Industrial Zone

Jun 23, 2015

Abu Dhabi Ports sees MICCO establish a world-class logistics business center at Kizad.Abu Dhabi Ports, operator and manager of ports and industrial zones in the Emirate of Abu Dhabi, has signed a standard Musataha agreement (SMA) with Al…

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