Logistics News


Greece Shipping Earnings Up 9 % in 2014

Jun 20, 2015

The Greek economy’s foreign currency revenues from shipping activities expanded 9.04 percent last year from 2013, reaching 13.18 billion euros, in spite of the country's financial woes, according to the annual report of the Association of Greek Shipowners (EEE)…

US, EU, China Maritime Reps Meet in Brussels

Jun 18, 2015

Maritime summit between European Union, U.S. and China boosts cooperation Representatives from the maritime regulatory authorities of the European Union, the People’s Republic of China and the United States met today in Brussels to discuss antitrust and regulatory issues in maritime transport…

ISS Names Çetin Head of CommunicatIons

Jun 18, 2015

Inchcape Shipping Services (ISS), a world-leading marine, cargo and supply chain solutions provider, has announced the appointment of Amanda Çetin as Head of Corporate Communications.Based at ISS’ head office in the UK and reporting to Group CEO…

Norway Labor Union Threatens Offshore Strike

Jun 18, 2015

Rig workers on two Norwegian oil fields plan to strike from June 25 unless a wage settlement with employers is reached during talks with a state appointed mediator, labor union Safe said on Thursday.101 workers on the Petrojarl Varg vessel…

Henriksen Debuts First Norsok Compliant Lifting Hook

Jun 18, 2015

A new quick release off-load lifting hook is being introduced at Seawork by H Henriksen of Norway for use principally with emergency rescue boats (Stand  A237). The new hook is the first in the world to be compliant with the newly introduced NORSOK R-002 lifting equipment regulations…

Poseidon to Go Public

Jun 18, 2015

Poseidon Containers Holdings, a private equity backed containership operator with an initial fleet of 18 vessels, has filed for an initial public offering.  It plans to raise $100 million, which is likely only a placeholder as Poseidon…

KNOT Orders New Tanker for Charter with BG Group

Jun 18, 2015

Knutsen NYK Offshore Tankers AS (KNOT) has concluded a time-charter contract with Brazil Shipping 1 Limited, a subsidiary of the U.K. energy supplier BG GROUP PLC.  This contract is for a maximum 20-year period starting from the second…

Seafarers’ House to Celebrate International Day of the Seafarers

Jun 17, 2015

Broward College, Crowley, SIU to take part in daylong event Most people don’t realize what an important role the world’s 1.5 million seafarers play in our global economy. Without them, the bulk transportation of important raw materials, food…

AKD Recruits Two Senior Execs

Jun 17, 2015

AKD said it has strengthened its position in the shipping and offshore sectors with the arrival of two senior executives.Pieter den Haan, a specialist in handling maritime casualties, with particular expertise in major collision cases as…

New Bulk Cargo Pad for Port Manatee

Jun 17, 2015

Port Manatee is adding a 2-acre cargo pad to support storage of prilled sulphur, a new commodity for the Florida Gulf Coast port. Under an agreement signed Tuesday, June 16, with longtime port tenant Gulf Coast Bulk Equipment Inc., construction…

Moody's Changes Hapag-Lloyd Rating to Stable

Jun 17, 2015

Moody's Investors Service has changed to stable from negative the outlook on the B2 corporate family rating (CFR), the B2-PD probability of default rating (PDR) and the Caa1  senior unsecured rating of Hapag-Lloyd AG. Concurrently, Moody's has…

APM Terminals Calls for Sensor Revolution

Jun 17, 2015

The annual Terminal Operators Conference (TOC) in Europe was held June 9-11 in Rotterdam with over 4000 people attending the conference supply chain sessions, Tech TOC, Bulk TOC venues and exhibits. Alex Duca, head of design and automation for APM Terminals called for a sensor revolution…

ECT Delta Terminal Receives Three Mega-Ship Cranes

Jun 17, 2015

After a voyage of more than two months, yet another three new giant  super post panamax ship-to-shore cranes from Shanghai arrived at the ECT Delta Terminal at the Maasvlakte, in Rotterdam. The remotely-operated cranes have a lifting height…

Using Key Data to Remain Competitive

Jun 16, 2015

During a conference in Oslo, KVH CEO Martin Kits van Heyningen urged maritime operators to utilize big data in order to remain competitiveThe future competitiveness of the maritime industry will be affected by how rapidly shipping operators take advantage of big data…

Cyprus Transport Ministry to call for tenders for Limassol Port

Jun 16, 2015

The government of Cyprus has changed the legal framework of the Cyprus Ports Authority (CPA), which will allow commercial operations at Limassol port to be privatised. The Cyprus  Ministry of Transport will call for tenders by the end of…

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