Cargo News

 

Mega Box Ship on Maiden Call at APM Costa Rica

Dec 02, 2019

APM Terminals Moín made history when it welcomed the MSC Sara Elena, the largest container ship to ever berth in Costa Rica, measuring 300m long and a capacity of 8,000 TEUs.In 337 lifts, exports of key Costa Rican exports, included pineapples and bananas…

KCC Names MV Barracuda

Dec 02, 2019

Norway-based shipowner Klaveness Combination Carriers (KCC) has named its second CLEANBU vessel, MV Barracuda, after it completed a first switch between dry cargo and a cargo of clean petroleum products (CPP).MV Barracuda was named at anchorage outside Singapore by Ms…

Maersk, Syngenta in New 4PL Contract

Dec 02, 2019

Extending their partnership with a contract for fourth-party logistics (4PL), Maersk and  Syngenta highlight their joint commitment to responsible logistics based on continuous supply chain optimization and innovation.As a  player in the agrochemical industry…

Lakes Limestone Trade Up 11.4%

Nov 27, 2019

Shipments of limestone on the Great Lakes totaled 3.8 million tons in October, an increase of 11.4 percent compared to a year ago.  Limestone cargos also bettered the month’s 5-year average by 8.5 percent.Loadings from U.S. quarries totaled 3…

ACL, Peel Ports Sign 15-year Contract

Nov 27, 2019

Atlantic Container Line (ACL), a Grimaldi Group Company, has agreed a new 15-year contract extension for container and roll-on/roll-off operations at the Port of Liverpool until 2035. Peel Ports Group is making a significant investment at RSCT to accommodate ACL’s new fleet of G4 vessels…

Baku Port Signs Major Asia-Europe Freight MoU

Nov 26, 2019

The Port of Baku,  Austrian ÖBB Rail Cargo Group and Cabooter Group (NL) signed an agreement to strengthen and expand the freight traffic from Europe to Central Asia and China via the Trans-Caspian International Transport Route (Middle Corridor)…

NMP Acquires Eleven Vessels

Nov 26, 2019

Navios Maritime Partners (NMP) s agreed to acquire eleven vessels and liquidate Navios Europe I.As of September 30, 2019, Navios Partners had a receivable of $48.2 million from Navios Europe I. On November 22, 2019, an agreement was reached to liquidate Navios Europe I…

$20m Infrastructure Investment in Jacksonville

Nov 22, 2019

U.S. Department of Transportation Maritime Administration Administrator, Admiral Mark Buzby formally presented a check for $20 million to Jacksonville for the International Cargo Terminal Modernization Project. U.S. Secretary of Transportation Elaine L…

DP World Completes $520Mln Sokhna Expansion

Nov 21, 2019

Dubai's state-owned port operator DP World said that its port in Egypt, DP World Sokhna marked its 10th anniversary by revealing that its $520m (AED1.9bn) port expansion project is close to completion.The port expansion complements two operational basins…

ABPmer Maps Shipping Cargo Value

Nov 18, 2019

Marine Management Organisation (MMO) has published results of a project undertaken by the UK-based marine consultancy  ABPmer, to develop a method to assign values to shipping cargo.The resulting mapping and information will improve the evidence base used in developing marine plan policies…

MSC Appoints Toft as CEO of Cargo Business

Nov 18, 2019

Swiss headquartered container shipping group MSC has appointed Soren Toft as the new chief executive officer of its cargo business from rival company A.P. Moller Maersk, an MSC spokesman said on Monday.A start date for Toft has yet to be determined…

G2 Ocean Targets New Markets

Nov 14, 2019

G2 Ocean,  a joint venture of two of the world's leading breakbulk and bulk shipping companies - Gearbulk and Grieg Star, has opened a new office in Hamburg, Germany, to achieve a stronger market position, and in response to increasing demand for project cargo services…

Cosco Acquires Stake in Greek Intermodal Firm

Nov 14, 2019

OceanRail Logistics, part of the Cosco Shipping Group, acquired 60% of the Greek railway company Piraeus Europe Asia Rail Logistics (PEARL) as part of its plan to develop its intermodal transport services network.OceanRail specializes in sea…

Arista Starts Smart Shipping Journey with ABS

Nov 14, 2019

Greece-based shipping company Arista Shipping has signed an ocean data agreement with the global provider of classification and technical advisory services ABS to drive smart shipping operations.The global provider of shipping transportation…

Diana Shipping Fixes Medusa with Cargill

Nov 14, 2019

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Kamsarmax dry bulk vessels, the m/v Medusa.The gross charter rate is US$11…

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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