Cargo News

 

AAL Shipping Launches New Service

Feb 11, 2020

The  global ocean transport operator AAL Shipping has launched a new Europe-Middle East/India-Asia Monthly Liner Service to serve the market’s multipurpose vessels (MPPs) and project heavy lift cargo transport requirements.The new service, which connects main ports between Europe…

Port Bronka, NBG Sign Agency Pact

Feb 11, 2020

The owner and operator of Port Bronka Fenix LLC St.Petersburg and NBG Nouschirvan Beteiligungsgesellschaft mbH Hamburg have signed an agency agreement for the promotion of the most modern sea port in Russia.Port Bronka is the only deep-water port in St…

Oakland Port Volume Jump 7.3% in January

Feb 11, 2020

San Francisco Bay-based container ship facility Port of Oakland said its containerized import volume jumped 7.3 percent last month over January 2019 totals.Exports were up, too, the Port said, lifting hopes for recovery from a U.S.-China trade war…

Port Bronka, NBG Sign Agency Pact

Feb 10, 2020

Fenix LLC St.Petersburg, owner and operator of Port Bronka, inked an agency agreement with NBG Nouschirvan Beteiligungsgesellschaft mbH Hamburg, to promote the most modern sea port in Russia.Port Bronka is the only deep-water port in St.Petersburg…

Australia Becomes World's Largest LNG Exporter

Feb 09, 2020

Australia has become the largest liquefied natural gas (LNG) exporter in the world. The record figure knocked Qatar out of the top spot.'Australia is set to become the world’s largest liquefied natural gas (LNG) exporter this year, overtaking Qatar…

Coronavirus Disrupts Air and Sea Freight, Prices to Rise -DSV

Feb 07, 2020

China's fast-spreading coronavirus is squeezing air and sea freight capacity in the country with a spike in freight rates a likely consequence, one of the world's biggest transport and logistics companies said on Friday.The spread of the deadly…

4 Major Lines Jointly Launches EMA Services

Feb 06, 2020

Chinese state-owned shipping company COSCO Shipping Lines, Hong Kong container shipping company Orient Overseas Container Line (OOCL), Japanese/Singapore container shipping company Ocean Network Express (ONE) and Taiwanese ocean shipping company…

Vinalines to Join Global Shipping Alliances

Feb 05, 2020

The Vietnam National Shipping Lines Corporation (Vinalines) has set sights on joining the global shipping alliances (GSA).As part of this move, Vinalines will devise a number of measures to further promote growth of its three key sectors of seaport…

Hapag-Lloyd Launches Reefer Monitoring Tool

Feb 05, 2020

The German company Hapag-Lloyd announced the adoption of a new real-time remote monitoring system for its reefer containers -  Hapag-Lloyd LIVE.The tool increases the transparency of the cold chain by offering customers a number of data sets…

S.Korea Announces $690M Shipping Aid

Feb 05, 2020

South Korea' Financial Services Commission has announced 820 billion won ($690 million)  in funding to help modernize aging passenger boats and cargo ships.According to a Yonhap, the package is meant to help smaller shipping companies build 59 new ships -- 21 passenger boats and 38 cargo vessels…

Friendland Joins Meriaura Fleet

Feb 03, 2020

Finnish shipping company Meriaura, part of Meriaura Group, announced that general cargo ship M/V Friendland (DWCC 4450 t) has joined its fleet.Friendland (built 2002) has dead weight/volume ratio (7200 m3) and is therefore a welcome addition to the fleet…

Bahri Posts 172% Surge in Q4 Net Profit

Jan 31, 2020

The National Shipping Company of Saudi Arabia (Bahri) has reported strong financial results for the quarter and the full year ended December 31, 2019, underpinned by an increase in returns of several business units.The transportation and logistics…

Chinese Imports of Tariffed Goods from US Drops -BIMCO

Jan 29, 2020

US seaborne exports to China of the goods which China has imposed tariffs on since the start of the trade war fell by 37.6% in the first 11 months of 2019 (11M 2019) compared to the same period of 2017, the last full year unaffected by the trade war…

2019 Shipping Grows for Port of Green Bay

Jan 24, 2020

Port of Green Bay reports continued growth in 2019.The 2019 shipping totals were the highest since 2007 during a period that saw the highest tonnage in the past 30 years; 2006 saw 2.55 million tons shipped through the port. The common denominator during both periods of time is a robust economy…

Oakland Box Volumes Down 1.8% in 2019

Jan 17, 2020

Container volumes at the Port of Oakland decreased 1.8% in 2019, new data shows.The port attributed the decline to fewer empty containers but said loaded import and export containers were at a record high.Oakland handled the equivalent of 2…

Logistics News

HDI Global Reorganizes US Operations, Welcomes New CEO

HDI Global Reorganizes US Operations, Welcomes New CEO

Gulf Tanker Rates Nearly Double as Middle East Exports Ramp Up

Gulf Tanker Rates Nearly Double as Middle East Exports Ramp Up

Sailors' Society to Roll Out Seafarer Wellbeing Program

Sailors' Society to Roll Out Seafarer Wellbeing Program

Svanehoj Appoints Larsen President

Svanehoj Appoints Larsen President

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