Logistics News


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…

Capital Product Partners Tankers get Contracts

Jun 16, 2015

Capital Product Partners (CPP) has taken delivery of a new panamax containership, which will commence a five-year timecharter to CMA CGM. It also has won a timecharter from Cargill, and another two have had their charters to Capital Maritime extended…

Genco Shipping Baltic Trading Merger - Voting Next Month

Jun 16, 2015

Genco Shipping & Trading Limited and Baltic Trading Limited have declared July 17 the date for an annual meeting of the two companies, where shareholders will vote on their proposed merger. Genco will acquire NYSE-listed Baltic Trading in a stock-for-stock transaction…

Dorian LPG took Delivery of the Cougar

Jun 16, 2015

US-headquartered owner and operator of modern Very Large Gas Carriers (VLGC) Dorian LPG   took delivery of the ECO VLGC Cougar from Hyundai Samho Heavy Industries.  Cougar, Dorian LPG's fourth newbuilding delivery, will initially trade in the spot market through the Helios Pool…

Ship Finance Buys Three Boxships

Jun 16, 2015

Ship Finance International Limited has acquired three 9,000 teu capacity container ships that are under construction from an unrelated third party. The Fredriksen-led company said that the three vessels are currently being constructed to a fuel-efficient design at an undisclosed yard…

Inmarsat, KVH Industries Sign Reciprocal Distribution Agreement

Jun 15, 2015

Inmarsat and KVH Industries, Inc., today announced the signing of a reciprocal distribution agreement with immediate effect. Under the agreement, KVH becomes a non-exclusive, global distributor of Inmarsat’s Fleet One and FleetBroadband services…

UAE Cargo Handler Tests Florida Waters

Jun 15, 2015

Sharjah-based ports operator Gulftainer has opened Canaveral Cargo Terminal at Port Canaveral in Florida in the US for business. Gulftainer, a subsidiary of UAE-based conglomerate Crescent Enterprises, said the opening comes one year after…

Cleveland wants to be Midwest Hub for Shipping to Europe

Jun 15, 2015

Because of demand, the Cleveland-Cuyahoga County Port Authority (CCPA) is doubling the frequency of its service between Port of Cleveland and the Port of Antwerp this year. (The ship makes one stop, near Montreal.)  A report in AP says…

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