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DCA's Doyle: President Trump Supports Strong Infrastructure Projects

Jul 02, 2018

In an address to Western Dredging Association (WEDA) stakeholders, William P. Doyle, CEO & Executive Director Dredging Contractors of America told his audience: It all starts with dredging. To follow are Doyle's prepared remarks: Good Morning…

Contract Win Brings More Manufacturing to Teesside

Jul 02, 2018

Middlesbrough freight logistics firm AV Dawson has signed a multi-million dollar deal with a major blue-chip manufacturer, securing new business and jobs in Teesside.AV Dawson has won a contract with British Gypsum, the UK’s market leader for plaster and plasterboard products…

Mexico President-elect Wants to Remain in NAFTA

Jul 02, 2018

The landslide winner of Mexico's presidential election, Andres Manuel Lopez Obrador, said on Monday that he will aim to keep Mexico in the NAFTA trade pact and seek a frank dialogue and friendly ties with the United States. The first leftist…

Scandinavian Shipping & Logistics Acquires Unitrans

Jul 02, 2018

Scandinavian Shipping & Logistics acquires the forwarding company Unitrans.  “By this takeover we strengthen our position as a logistics company, both in Sweden and on the global market”, says Björn Eklund, owner of Scandinavian Shipping & Logistics…

US Soy Cargo Set to Head for Singapore after China Offload

Jul 02, 2018

A vessel carrying over 70,000 tonnes of U.S. soybeans is expected to head towards Singapore after apparently offloading some of its cargo at the Chinese port of Tianjin, according to shipping data on Thomson Reuters Eikon The Aeolian Fortune…

Adani Ports Acquires Kattupalli Port

Jul 01, 2018

India's largest port developer Adani Ports and Special Economic Zone (APSEZ) has agreed to pick up 97% stake in Marine Infrastructure Developer (MIDPL) from Larsen & Toubro at an enterprise value of Rs 1,950 crore ($284 million). According to a press release from the company…

DP World Plans Logistics Facility in Ethiopia

Jul 01, 2018

Dubai-based ports operator DP World has revealed plans to set up a logistics facility in landlocked Ethiopia, a move that comes as the company is developing a port in neighboring Somaliland.  A reuters report quoting the United Arab Emirates state news agency…

Ocean Rig Postpones SHI Drillship Delivery Till 2020

Jul 01, 2018

International offshore drilling contractor Ocean Rig UDW Inc. and South Korean yard Samsung Heavy Industries (SHI) have agreed to postpone the delivery of the newbuild drillship Ocean Rig Crete to September 2020.'Our subsidiary, that is party…

Gothenburg Port Renews Port Tariff Discounts for LNG Vessels

Jun 29, 2018

As part of the Gothenburg Port Authority environmental discount scheme, vessels that report good environmental performance receive a 10 per cent discount on the port tariff, assuming they achieve a certain level according to the globally recognised environmental indexes ESI and CSI…

ESL Shipping Acquires AtoB@C

Jun 29, 2018

Finnish dry bulker ESL ShippingLtd, a shipping company fully owned by Aspo Group, is going to acquire all the outstanding shares of AtoB@C Shipping AB and AtoB@C Holding AB (AtoB@C) that offer shipping services. The enterprise value is EUR 30 million…

Hapag-Lloyd Slashes 2018 Profit Outlook

Jun 29, 2018

German container carrier Hapag-Lloyd has cut its profit outlook for the year 2018 amid a challenging and volatile environment for ocean carriers. A Reuters report quoted the shipper saying that freight rates had recovered more slowly than expected while fuel and charter costs had ballooned…

Diana Containerships Sells m/v Puelo

Jun 29, 2018

Diana Containerships announced that it has completed the previously announced sale of one of its Post-Panamax container vessels, the m/v Puelo, with the delivery of the vessel to her new owners. The global shipping company specializing…

IMO On Board

Jun 29, 2018

Lifeboat inspection, fire drills, emergency generator training, keeping watch, new friendships, ports, building professional networks, and working far away from home and family. These, and many more, are all part of life at sea, and International…

USMMA Class of '22 Arrives for Indoctrination

Jun 29, 2018

The U.S. Merchant Marine Academy at Kings Point (USMMA) welcomed 280, Class of 2022 “plebe candidates” for initial training today.  The nearly 20-day orientation period known as Indoctrination, or Indoc, teaches plebe candidates the basics of maritime and regimental life at USMMA…

Oil Tight on Libyan Port Struggles

Jun 29, 2018

Libyan oil production could face protracted disruption as factions in the east seek to seize control of crude exports, adding pressure to a tight global market.Eastern factions have tried to take over oil exports in the past but have struggled…

Logistics News

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

DFDS Reaches 10,000 Sailings in Türkiye

DFDS Reaches 10,000 Sailings in Türkiye

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CMA CGM, France, will redeploy its fleet to avoid U.S. Port Fees on Chinese vessels
Nigeria's Renaissance Energy stops production in Trans Niger oil pipeline
Indian traders report that the discounts for Russia's Urals June are slightly wider at Indian ports.