Logistics News


USCG Reopens Savannah With Restrictions, Continues Assessments

Sep 06, 2019

In the southeast United States, the Port of Savannah, Georgia is now open with a 36-foot draft restriction and the Ports of Brunswick, Georgia and Charleston, South Carolina remain closed to commercial operations following Hurricane Dorian.Assessment teams are conducting surveys of channel depth…

Dr. Ricaurte Takes Office as Panama Canal Administrator

Sep 06, 2019

Dr. Ricaurte Vásquez Morales was sworn-in during a ceremony held at the Panama Canal Administration Building in Panama City, becoming the fourth Panamanian Administrator of the waterway shortly before it celebrates its 20th year under Panamanian administration on December 31…

Great Lakes Iron Ore Trade Up in July

Sep 05, 2019

Shipments of iron ore on the Great Lakes totaled 6.56 million tons in July, an increase of 1.5 percent compared to a year ago.  Shipments were also 9.8 percent ahead of the month’s 5-year average.Year-to-date the iron ore trade stands at 26…

Hapag-Lloyd Splits EU Ops into Two Regions

Sep 05, 2019

Cargo container shipping line Hapag-Lloyd has is to split its European operations into northern and southern regions. The company said the move was part of its strategy to remain closely connected with international clients. After the reorganization…

Cosco, CN Extend Intermodal Pact

Sep 04, 2019

Canadian National Railway (CN) announced that COSCO Shipping has chosen CN to be the exclusive rail provider for the Chinese state-owned shipping company's discharge at the Ports of Vancouver, Prince Rupert, Montreal, and Halifax to all currently served CN destinations…

CargoSphere Launches Maersk Spot

Sep 04, 2019

CargoSphere, the neutral rate network for container shipping, has announced the launch of Maersk Spot on its rates platform. The Maersk Spot product offers customers a loading guarantee and a fixed price at booking. This integration will enable…

TGP Group Expands Management Board

Sep 04, 2019

Trans Global Projects Group (TGP), an international project logistics specialist headquartered in England, has appointed Martin Ollmann as an additional Managing Director for its German entities Trans Global Projects GmbH and Natco GmbH. Ollmann…

U.S. Blacklists IRG Oil Shipping Network

Sep 04, 2019

The United States on Wednesday sanctioned a sprawling network of firms, ships and individuals allegedly directed by Iran's Islamic Revolutionary Guard Corps that supplied Syria with oil worth tens of millions of dollars in a breach of U.S. sanctions…

DP World Taps Kalmar for Indian Box Terminal Cranes

Sep 04, 2019

Cargotec company Kalmar has been contracted by DP World to supply 15 rubber-tired gantry cranes (RTGs) for the Nhava Sheva International Container Terminal (NSICT) in Mumbai, India.The order includes 24 months of on-site maintenance support…

ZIM Intros New Digital Tools

Sep 03, 2019

Israel-based container shipping line ZIM Integrated Shipping Services announced the official launch of its new 'Powered by Our Customers' approach.As ZIM moves forward with the development and implementation of new digital tools, the cargo line is embarking on an innovative new concept…

Hapag-Lloyd Splits European Services

Sep 03, 2019

German-based  cargo container shipping line Hapag-Lloyd AG is splitting its Region Europe into northern and southern parts. In doing so, the world’s fifth-largest liner shipping company will remain close to global markets and serve customers from a total of six regions effective immediately…

Trump warns China Against Trade Talk Delays

Sep 03, 2019

U.S. President Donald Trump on Tuesday warned he would be 'tougher' on Beijing in a second term if trade talks dragged on, compounding market fears that ongoing trade disputes between the United States and China could trigger a U.S. recession…

Grindrod Sells NWK Stake

Sep 02, 2019

South African freight and logistics company Grindrod signed an agreement to sell its 20.3% stake in grain services provider NWK to NWK Holdings for R204-million (USD 14 million).According to the press release, the sale is subject to the fulfillment…

Turkish Steel Giant in Logistics Pact with MOL

Sep 02, 2019

Japanese shipping giant Mitsui O.S.K. Lines (MOL) has signed a memorandum of agreement with Turkish steel producer Tosyali Holding A.S.A joint press release said that the agreement is to begin the research toward a strategic partnership, and…

DP World Joins Chinese Firm for First Traders Market

Sep 01, 2019

The Dubai-based ports operator DP World announced a partnership with Zhejiang China Commodity City Group Company (CCC) to develop the ‘Traders Market’ in Jebel Ali Freezone.The project will span around 800,000 sq m, with phase 1, estimated at $150 million…

Current News

Baltic Index Rises on Large Vessels

Panamanian President Meets with Japanese Shipowners to Share New Ship Registry Strategy

Russian Oil takes the Northern Sea Route to Brunei

Canada's July Trade Deficit Narrows as Exports to the US Rise

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