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MOL's Coal Carrier OI MARU to Serve JERA Trading

Jun 14, 2018

Mitsui O.S.K. Lines (MOL) has announced the delivery of the coal carrier OI MARU, which will serve JERA Trading , was delivered at Imari Shipyard and Works of Namura Shipbuilding on June 14, 2018. The vessel, which was jointly developed by Namura Shipbuilding and MOL…

Royal Caribbean Buys $1 Bln Stake in Silversea Cruises

Jun 14, 2018

Royal Caribbean Cruises Ltd (RCL.N) said on Thursday it would buy a 66.7 percent stake in privately owned Silversea Cruises for about $1 billion to add ultra-luxury and expedition cruises to its fleet.Silversea Cruises, which has nine ships…

SAL Heavy Lift Inks Deal for Horns Rev 3 Shipments

Jun 14, 2018

SAL Heavy Lift said it signed a contract with GeoSea NV for the shipment of a total of 49 transition pieces for the Horns Rev 3 Offshore Wind Farm.The assignment compiles transportation of TPs from fabrication yards in Aalborg, Denmark and Vlissingen…

GPA Sees Busiest May for Total Tons, TEUs

Jun 14, 2018

The Port of Savannah handled 3 million tons of cargo in May, an increase of 8.9 percent or 247,671 tons compared the same month a year ago. Total cargo crossing all terminals reached 3.22 million tons. 'Our May numbers reflect strong performances in breakbulk and containerized trade…

AGL Energy Inks Deals for LNG Import Jetty

Jun 12, 2018

Australian power producer AGL Energy said on Tuesday it has signed two agreements for its planned liquefied natural gas (LNG) import terminal at Crib Point in the southeastern state of Victoria.The first is with pipeline firm APA Group to develop and construct the Crib Point Pakenham pipeline…

VLCC Maran Aphrodite Changes Destination for Fourth Time

Jun 12, 2018

New-build VLCC Maran Aphrodite, which is carrying a 200,000 tonne diesel cargo from Asia, has changed its final destination for a fourth time, Reuters ship-tracking data showed.The ship was originally calling on Rotterdam before changing its destination to New York harbor on May 11…

A World-first Intermodal Automation Solution is on the Way

Jun 08, 2018

Kalmar, part of Cargotec, and Navis, part of Kalmar Business Area within Cargotec, have been awarded the contract to supply a state-of-the-art, fully automated intermodal terminal solution for Qube's Moorebank Logistics Park (MLP) in south-western Sydney…

Carnival Scoops Up Port, Rail and Retail Operations in Alaska

Jun 07, 2018

A subsidiary of Carnival Corporation has reached a deal to purchase port, railroad and retail operations that form a gateway to the Klondike Gold Rush region, in a major push into the Alaskan tourism industry.Carnival, the world’s largest cruise and leisure travel company…

Baltic Index Up for Sixth Straight Session

Jun 07, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday for a sixth straight session as rates across vessel segments saw gains. The overall index, which factors in rates for capesize…

Diana Shipping Signs TC Contract for m/v Baltimore with Koch

Jun 06, 2018

Diana Shipping through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping, Singapore, for one of its Capesize dry bulk vessels, the m/v Baltimore.  The global shipping company specializing…

Siemens Deepens Ties to China's 'Belt and Road' Push

Jun 06, 2018

Siemens has signed more than 10 cooperation agreements with Chinese companies as it seeks to benefit from deepening involvement with China's 'Belt and Road' infrastructure initiative, the German engineering group said on Wednesday.Siemens said the cooperation covers power generation…

Scorpio Tankers Sells, Leaseback Six Tankers

Jun 05, 2018

Scorpio Tankers  announced  that it has agreed to sell and leaseback six MR product tankers (STI Battery, STI Milwaukee, STI Tribeca, STI Bronx, STI Manhattan, and STI Seneca) to CMB Financial Leasing.  Upon completion, the Company’s liquidity…

GAC to Provide Voyage Management for Translux

Jun 05, 2018

GAC LNG Services said it has secured a global contract to provide voyage management services to Translux Limited as they enter the liquefied natural gas (LNG) business.GAC LNG Services, officially formed in 2016, provides a full-service solution for the sector…

Kalmar Upgrades Bristol Port's STS Crane

Jun 05, 2018

Kalmar, part of Cargotec, has signed a contract with The Bristol Port Company to undertake a comprehensive upgrade of one of the terminal's ship-to-shore (STS) cranes.The order was booked in Cargotec's 2018 second quarter order intake and the…

BW Adds KVH Connectivity Services to 45 More Vessels

Jun 04, 2018

KVH Industries, Inc. announced that BW Group has chosen KVH’s connectivity services for 45 additional vessels in its fleet. The two companies will also continue with a connectivity contract for the LPG and LNG vessels in BW’s fleet that have had KVH’s VSAT systems and services since 2013…

Logistics News

CK Hutchison Says Panama Arbitration Claim Now Tops $2 Billion

CK Hutchison Says Panama Arbitration Claim Now Tops $2 Billion

Ports of Indiana Handles First Aluminum Shipment

Ports of Indiana Handles First Aluminum Shipment

Iran War Hits Natural Gas Harder than Oil

Iran War Hits Natural Gas Harder than Oil

Explosion Forces Shutdown of Valero’s Port Arthur Refinery

Explosion Forces Shutdown of Valero’s Port Arthur Refinery

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