Logistics News


Montrose Port Authority Appoints New Executive

Apr 23, 2015

Nicholas Scott-Gray has been appointed as the head of UK-based Montrose Port Authority (MPA)  – bringing with him more than 26 years’ experience within the port and shipping sectors. He brings with him over 26 years of experience within the port and shipping sectors…

Twelve Cranes Unload Mega Box Ship

Apr 22, 2015

The 398-meter-long containership CMA CGM Kerguelen made its first call at the Port Klang Port Terminal in Malaysia, arriving to a very unique arrangement, the CMA CGM Group announced. No less than 12 cranes were used simultaneously to match the vessel's exceptional length and capacity (17…

Scorpio Bulkers Confirms Vessels Selloff

Apr 22, 2015

NYSE-listed Scorpio Bulkers confirmed the sale of seven newbuildings for a total of $290mln  to an unnamed buyer, said a company press release. The newbuildings comprise three capesizes and a kamsarmax bulk carriers, and three LR1 product tankers…

Colombia Frees Chinese Ship with Weapons for Cuba

Apr 22, 2015

Colombia has licensed a Chinese Language ship to set sail after it was caught carrying One Hundred tonnes of explosives to Cuba illegally, the prosecutor’s workplace stated, though it continues to carry the vessel’s captain pending a felony investigation…

US Ports Boost Economic Impacts

Apr 21, 2015

Since last nationwide analysis in 2007, U.S. seaport contributions to economy up dramatically  Lancaster, Pa.-based Martin Associates, a provider of economic and strategic assessments of the world’s transportation systems, released the results…

CD-adapco Opens New Office in Japan

Apr 21, 2015

CD-adapco, the largest privately held CFD-focused provider of Computer Aided Engineering software, has announced the opening of a third Japanese office location in Nagoya.Nagoya, a historical city and hometown of Shogun Tokugawa as well…

Shipping Industry Calls for Urgent Action in Migrant Crisis

Apr 21, 2015

Following the meeting of EU Foreign and Interior Ministers in Luxembourg yesterday (20 April) the European and global shipping industries have welcomed the increased attention that all EU Member States are giving to the humanitarian crisis in the Mediterranean…

Baker Hughes Reports Q1 Loss

Apr 21, 2015

Oilfield services provider Baker Hughes Inc, which is in the process of being acquired by Halliburton Co for $35 billion, posted a quarterly loss compared with a year-earlier profit as it recorded a $772 million charge related to restructuring and other items…

U.S. Ports Account for 26% of Nation’s Economy

Apr 21, 2015

From 2007 to 2014, the total economic value that U.S. coastal ports provide in terms of revenue to businesses, personal income and economic output by exporters and importers rose 43 percent to $4.6 trillion.  This accounted for 26 percent of the nation's $17…

Titan, Svitzer Merger Creates Global Salvage Giant

Apr 21, 2015

Svitzer, salvage division of AP Moller-Maersk and Titan Salvage, a division of Crowley Maritime Corp are merging their salvage operations to create a new market leader.  In this US in shipping’s latest consolidation move, Svitzer is joining…

Hutton's Expands Global Network to Middle East

Apr 20, 2015

Expanding international ship supplier Hutton’s Group has established an important regional supply hub in Dubai to service its clients in the Middle East. This key location adds to Hutton’s growing global network which provides extensive coverage in the UK…

Keppel's Independent Director Leong-Chee to retire

Apr 20, 2015

Keppel Corporation Limited (Keppel Corporation) announced that Mr Tony Chew Leong-Chee, Non-Executive and Independent Director, will be retiring from the Board of Directors of Keppel Corporation on 1 May 2015. Mr Chew will concurrently cease…

Drydocks World Secures New ISO Certificate

Apr 20, 2015

Drydocks World the international service providers to the shipping, offshore, oil, gas and energy sectors won the ISO 3834-2: 2005 certificate for quality requirements on fusion welding of metallic materials. This certificate validates Drydocks…

HK Dockers Threaten to Strike Over Wages

Apr 20, 2015

The Hong Kong Dockers Union has threatened industrial action - that may involve a strike - if operators continue to ignore their demand for a 8.5-percent wage increase this year. The union is an affiliate of the Confederation of Trade Unions…

U.S. Ports Expands to be with Panama’s $5 Billion Canal Upgrade

Apr 20, 2015

A report in the USA Today says that the U.S. ports are busy deepening harbors and building bigger terminals to draw the bigger ships. Across the USA, public ports and their private sector partners will spend more than $46 billion in port-related improvements through 2016…

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