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Record Low Rhine Levels Hampers Barge Trade

Oct 18, 2018

Water levels on the Rhine River fell to a record low on Thursday and were forecast to fall even further, hampering oil product barge trading in northwest Europe.Water levels at the Kaub point of the river fell to 31 cm, according to Refinitiv Eikon data…

US Energy Exports to China Plummet

Oct 18, 2018

It's probably not the kind of success U.S. President Donald Trump had in mind, but his trade dispute with China has effectively killed off the burgeoning energy trade between the world's two biggest economies.China's imports of U.S. crude oil…

Mammoet, PortXL Join to Support Entrepreneurs

Oct 18, 2018

Mammoet signed an agreement to join the world’s first port and maritime industry start-up accelerator, PortXL, said a press release.This partnership enables Mammoet to collaborate with established businesses and start-ups active in the maritime sector – working in energy…

Port of Hamburg, Metrans Group Join for Intermodal

Oct 18, 2018

The Port of Hamburg and Metrans Group are intensifying their links with Lithuanian Railways. Axel Mattern, Joint CEO of Port of Hamburg Marketing, and Egidijus Lazauskas, Deputy Director-General and Director Freight Traffic for Lithuanian Railways…

Novatek, Fluxys to Build German LNG Terminal

Oct 17, 2018

Russian gas producer Novatek and Belgium's Fluxys joint venture Rostock LNG GmbH has signed a Land Lease Agreement with the Port of Rostock with a view to building and operating a mid-scale liquefied natural gas (LNG) storage terminal in the port…

Singapore Pact for 3D Printing in Maritime Sector

Oct 17, 2018

The Maritime and Port Authority of Singapore (MPA) signed two Memoranda of Understanding (MoU) for Additive Manufacturing (AM), also known as 3D printing.The two MoUs are: a) An MoU with PSA Corporation Limited (PSA), the National Additive Manufacturing…

Freight Management Logistics Expands in Houston

Oct 17, 2018

Freight Management Logistics, LLC, (FML), a leader in moving steel, nonferrous, breakbulk, project, and bulk cargo, has recently launched a subsidiary company, FML Warehousing and Logistics Services, LLC (FML Warehousing & Logistics) and commenced…

Savannah Container Trade Jumps 12%

Oct 17, 2018

The Georgia Ports Authority reports it achieved a 12 percent increase in containerized trade at the Port of Savannah in September, along with a 37.6 percent increase in roll-on/roll-off trade at the Port of Brunswick.'The impressive volumes…

AAPA CEO Kurt Nagle to Retire in 2019

Oct 17, 2018

Long-time president & chief executive officer of the American Association of Port Authorities (AAPA) trade association Kurt J. Nagle announced today that he plans to retire next fall, following more than 33 years of service to the port industry…

Seafarers’ Mental Health is Focus of New Training Program

Oct 17, 2018

KVH Videotel introduced a new training package, “Seafarers Mental Health and Wellbeing,” during the 5th Annual International Shipowning & Shipmanagement Summit in London, and announced that the package will be available free of charge throughout…

SpecTec Partners with iMarine Software

Oct 17, 2018

AMOS now offers integration with SeaProc, providing seamless electronic quotation management for an optimized procurement cycle. Seaproc also offers sourcing tools within it platform to achieve cost efficiency.Marine buying organizations can now enjoy significant speed…

CMA CGM Ups Its Stake in Ceva Logistics

Oct 17, 2018

French shipping group CMA CGM has obtained a further 4.56 percent stake in CEVA Logistics AG , the Swiss transport group which rejected a bid from Denmark's DSV, Ceva said on Wednesday.'The company has further been informed that CMA CGM entered…

Yanbu Oil Terminal Boosts Export Capacity

Oct 17, 2018

State oil giant Saudi Aramco said on Wednesday that the Yanbu South Terminal has added 3 million barrels per day of crude oil to the company's west coast export capacity after a rehabilitation and upgrade programme.'The terminal, located south of Yanbu along the west coast of Saudi Arabia…

Vietnam May Recall Wheat Re-exports

Oct 17, 2018

Vietnam could recall an order that goes into effect on Nov. 1 that requires companies to re-export wheat cargoes containing cirsium arvense seeds, known as Canada thistle, the government said on Wednesday.Vietnam, whose main wheat suppliers include Russia…

Ocean Express Network Incurs a USD600 mln Loss in First Year

Oct 17, 2018

Japanese carrier Ocean Network Express (ONE) is set to see losses spiral to $600m in its first year, says its revised consolidated business forecast for FY2018 (April 1, 2018 to March 31, 2019).The integrated container shipping operating company…

Logistics News

Russian Oil Freight Rates to India Ease Further With Increased Tanker Availability

Russian Oil Freight Rates to India Ease Further With Increased Tanker Availability

Russia Grain Exports Plummet 63%

Russia Grain Exports Plummet 63%

Singapore Ship Bunker Sales hit 16-month High

Singapore Ship Bunker Sales hit 16-month High

Unresolved Issues Plague Vietnam-US Trade Talks

Unresolved Issues Plague Vietnam-US Trade Talks

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