Latest News - page 695

 

Kinder Morgan quits Crude Export Venture

Mar 26, 2019

Kinder Morgan Inc has dropped out of a recently proposed U.S. Gulf Coast deepwater crude export venture, the project's leader Enbridge Inc said on Monday.The $800 million project, known as Texas COLT, is one of eight similar projects proposing facilities that would move U…

Montreal's Viau Terminal Set for Expansion

Mar 26, 2019

The Port of Montreal’s Viau Terminal will undergo a new construction phase to increase its handling capacity to 600,000 TEUs, the Montreal Port Authority (MPA) and LOGISTEC Corporation said.The project, which is scheduled to be finished by December 2020…

ONE Announces New Global Network

Mar 26, 2019

The global container shipping company Ocean Network Express (ONE) has recently announced the new global container service network for 2019.The Japanese container shipping company that is headquartered in Singapore said in a press release that…

Navis Rolls-out Smart Tech

Mar 25, 2019

The terminal operating systems provider unveiled its new offering, ‘Navis Smart,’ providing new ways for container terminals and carriers alike to capture and process the abundance of available industry data to optimize planning, visibility and asset utilization…

Thessaloniki Port Joins Green Award

Mar 25, 2019

The Port of Thessaloniki becomes the first port to join the Green Award certification program in 2019 to attract and reward green high quality ships.Thessaloniki Port Authority, the operating company that manages the port, said in a press note…

New COSCO Service Between UK, Europe, Russia

Mar 25, 2019

Chinese state-owned shipping and logistics services supplier company COSCO Shipping Lines announced a new COSCO feeder service from St Petersburg, Russia will begin calling at DP World Southampton.'COSCO is to introduce a new weekly call at DP World Southampton…

2018: Record Year for Port of Antwerp

Mar 25, 2019

With a growth of 5.2% in 2018 compared to previous year, the Port of Antwerp has confirmed the earlier forecasts for a 6th consecutive year record.'The confirmation of the port's attractiveness and the consolidation of its position as a global…

Yang Ming Reports $219mln Loss for 2018

Mar 25, 2019

Taiwanese global shipping and logistics services company Yang Ming Marine Transportation Corp. it had a net loss of $218.5 million in 2018, with operating results significantly impacted by higher fuel prices.According to a stock exchange annoucement from the ocean shipping company based in Keelung…

TX Refineries Cut Output as Spill Curbs Shipping

Mar 25, 2019

Royal Dutch Shell Plc and LyondellBasell Industries cut production on Monday at their Houston-area oil refineries because of shipping disruptions along a waterway affected by a petrochemical fire and spill, according to people familiar with the matter…

The Port of Ngqura – Nurturing its green status

Mar 25, 2019

Transnet National Ports Authority’s (TNPA) Port of Ngqura is the only port with a green status in the South African port system and maintains this status through a number of innovative measures.“Ngqura is the only South African port that was…

Houston Ship Channel Reopened

Mar 25, 2019

The U.S. Coast Guard on Monday reopened portions of the Houston Ship Channel with restrictions on waterways affected by the petrochemical leak outside Houston that has disrupted ship traffic.The busiest U.S. oil port, shut last Friday after a chemical leak into the water…

GAC Sri Lanka Taps Edirisinghe as Director

Mar 25, 2019

Business veteran Ravi Edirisinghe has been appointed Director/Chief Executive Officer of GAC Group of companies in Sri Lanka.He brings to his new role 27 years of knowledge and experience in strategic planning, business development and re-engineering…

CMA CGM Orders 10 Boxships from China

Mar 25, 2019

CMA CGM chairman and CEO Rodolphe Saadé has signed two strategic partnerships with Lei Fanpei, chairman of the China State Shipbuilding Corporation (CSSC), including an order of 10 containership newbuilds, as well as an agreement to jointly…

Konecranes Delivers Reach Stackers to Ethiopia

Mar 25, 2019

Through distributor QOPH Engineering Enterprise, Konecranes has delivered 13 reach stackers to Ethiopian Shipping and Logistics Services Enterprise (ESLSE).  This order has put 10 reach stackers at Modjo Port & Terminal, Ethiopia’s main dry port which handles most of the country’s trade…

CMA CGM Boxship Refuels with Bio-Fuel

Mar 25, 2019

Previously announced IKEA, CMA CGM, GoodShipping Program and Port of Rotterdam pilot celebrates milestone moment in industry-first partnership.IKEA Transport & Logistics Services, CMA CGM, the GoodShipping Program and the Port of Rotterdam announced the successful refueling on Saturday…

Logistics News

Port of Long Beach Orders Two Ship-to-Shore Cranes

Port of Long Beach Orders Two Ship-to-Shore Cranes

MELTRIC Introduces the P66 Industrial Plug and Receptacle

MELTRIC Introduces the P66 Industrial Plug and Receptacle

Port Houston Maintains Steady Growth in Q3

Port Houston Maintains Steady Growth in Q3

Fuel Transition: 534 'Alt Fuel' Containerships on Order

Fuel Transition: 534 'Alt Fuel' Containerships on Order

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Aena, a Spanish airport operator, will invest $15 billion over the next five years in upgrading airports.
FedEx's earnings forecast for 2026 is below expectations due to US tariff impact
S.African Transnet signs port equipment agreement with Liebherr