Grain trading company Medsofts plans to re-export a shipment of 31,000 tonnes of Russian wheat it has been unable to unload in Egypt since July because of confusion about checks for the ergot fungus, a company official said on Thursday. The…
Maersk Line has opened a new transpacific service between Asia and the United States West Coast. The first sailing is scheduled for September 15. 'We are responding to increased demand in the Transpacific,' says Klaus Rud Sejling, Head of Maersk Line's East-West Network…
Maersk Line, the world's biggest container shipper and a unit of Danish conglomerate A. P. Moller-Maersk, said on Friday in relation to the collapse of South Korea's Hanjin Shipping Co Ltd: * Maersk Line expects minimal impact on its customers' cargo…
Gateway Distriparks Limited (GDL) has appointed Captain Kapil Anand as Director - CFS with effect from 1st September 2016.Captain Anand will be managing the day to day affairs of the CFS business and will be responsible for business development & operations on a Pan India basis…
The National Retail Federation (NRF) Vice President for Supply Chain and Customs Policy Jonathan Gold weighs in on this week’s bankruptcy filing by Hanjin Shipping. “Retailers’ main concern is that there is millions of dollars worth of merchandise…
Buyout firm Advent International Corp has hired Morgan Stanley & Co and Grupo BTG Pactual SA to advise on the sale of a controlling stake in TCP Terminal de Contêineres de Paranaguá SA, Brazil's second-busiest container port, according to two people with direct knowledge of the plans…
Oceanwide Logistics Opens Dubai Office OL International Holdings LLC announced the launch of its newest office in Dubai, United Arab Emirates. Oceanwide Logistics Dubai joins the company’s growing global NVOCC network of 18 offices and more than 120 agents worldwide…
Samskip has completed the acquisition of Euro Container Lines AS, building on a strategy for growth in the Nordic area to make its largest ever acquisitive move in Norway. The ECL acquisition aims to strengthen Samskip’s position in the…
Sri Lanka is seeking a consortium that must include a company from the Indian subcontinent to bid for a $400 million contract to build a port terminal, the ports minister said on Thursday. The move to include an Indian subcontinent firm…
Wilhelmsen Ships Service (WSS) has established a dedicated local transit team to help its customers negotiate not just the Suez Canal, but also the complex rebate system designed to boost traffic through the recently expanded waterway. The new office…
A group led by the U.S. National Transportation Safety Board (NTSB) has gathered information from the recovered voyage data recorder (VDR) of sunken cargo ship El Faro to develop a detailed transcript of the sounds and discernible words captured…
Cheaper production and material costs as well as weaker demand has driven the price of new container equipment down to record lows and is forecast to fall further during 2016, according to the latest edition of the Container Census report published by global shipping consultancy Drewry…
BG Freight Line, a fully owned subsidiary of Peel Ports Group, is to receive new tailor-made short sea container feeder vessels optimized for the company’s Irish Sea Hub services. The new class of ‘green’ vessels has been developed by BG…
INTTRA announced that Peter Spellman has joined the company as a Senior Vice President and Chief Technology Officer. He brings 25 years of experience as a software executive with a strong track record of conceiving, designing, developing and deploying innovative products…
UK P&I Club Risk Assessor David Nichol discusses the carriage of dangerous goods and issues associated with misdeclaration. Data captured by the Cargo Incident Notification System (CINS) over the 2013- 2014 period indicates that 27 percent…
