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Kanoo Shipping Acquires Wallem South Africa

May 31, 2018

Kanoo Shipping, a shipping agencies in the Middle East will acquire Wallem South Africa, a provider of integrated maritime solutions in the cities of Durban and Cape Town. Wallem South Africa, now Kanoo Africa PTY LTD, was part of The Wallem Group…

GasLog Sets Charter Deal with Centrica, Orders New LNG Vessel

May 30, 2018

Monaco-based LNG shipper GasLog signed a seven-year charter deal with the UK-based energy company Centrica for a newbuild LNG carrier it has ordered at the South Korean shipbuilder Samsung Heavy Industries.  A 180,000 cubic meter LNG carrier…

Diana Containerships TC for m/v Rotterdam with Wan Hai Lines

May 30, 2018

Diana Containerships announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Wan Hai Lines (Singapore) Pte Ltd. for one of its Post-Panamax container vessels, the m/v Rotterdam.  The…

BAE Systems, Flinders University to Train Shipbuilding Workforce

May 30, 2018

A new agreement between BAE Systems Australia and Flinders University will see students and industry working together to develop new ways to provide Australia’s defence force with the evolving capability it needs and train the shipbuilding workforce of the future…

Floating Pier Provides Flexibility for Donsö Harbor Project

May 30, 2018

SF Marina has built pontoons and floating breakwaters internationally for a range of bespoke marinas designed to suit local conditions worldwide, from a fishing station in the north of Iceland to the sunny but continually storm-hit Caribbean…

South Carolina Ports to Add 26 RTG Cranes

May 30, 2018

South Carolina Ports Authority (SCPA) said it will purchase 26 new rubber-tired gantry (RTG) cranes to handle growing container volumes at the Wando Welch Terminal and Inland Port Greer.The port will pay $46.4 million for the 26 RTG cranes to be built by manufacturer Konecrane…

Seaspan Recognized for Environmental Stewardship

May 30, 2018

Seaspan was recognized as a recipient of the Blue Circle Award at an Awards Ceremony in Vancouver last night, presented by the Vancouver Fraser Port Authority (VFPA). The Blue Circle Award recognizes marine carriers that excel in environmental…

Puerto Valparaiso and AAPA Launch the 107th Annual Convention

May 30, 2018

The event will take place in Valparaiso, Chile, from October 7 to 10, with the presence of AAPA’s Continental leadership.With a postal card of Valparaiso hills as a background, the Empresa Portuaria Valparaiso (EPV) and the American Association…

South Carolina Ports Posts Fiscal Year Growth

May 30, 2018

South Carolina Ports Authority reports its fiscal year-to-date volumes are nearly 2 percent higher last year, with record-breaking container volumes handled in April.SCPA has moved 1.8 million TEUs since July, compared to 1.78 million during the same period last fiscal year…

Tanker Market Grappling with More Uncertainty

May 30, 2018

Tanker shipping: Added uncertainty is not helpful to the struggling tankersDemandJust when you thought it could not get any worse for the tanker shipping industry, the U.S. is reimposing sanctions on Iran coming into force after a six months wind-down period ending on November 4…

Protests Hamper Brazil Coffee Exports

May 30, 2018

Coffee exports from Brazil, the world's largest producer, in May are likely to be 900,000 60-kg bags less than expected due to a nationwide truckers protest that hampered transport to ports, exporters association Cecafé said on Wednesday.The…

Inchcape to Pay $20 Mln for Allegedly Overbilling US Navy

May 30, 2018

U.K. based marine services contractor Inchcape Shipping Services Holdings Limited and several of its subsidiaries have agreed to pay $20 million to resolve allegations that they violated the False Claims Act by knowingly overbilling the U.S…

France's Macron Calls for Global Trade Reform

May 30, 2018

French President Emmanuel Macron on Wednesday said it was time for the world's biggest economic powers to start talks on reshaping World Trade Organization rules to prevent current tensions spiraling into trade wars.Macron's comments before…

BSM Demonstrates Commitment to Greek Shipping

May 30, 2018

Bernhard Schulte Shipmanagement (BSM) demonstrated its commitment to the Greek shipping industry on May 24th, 2018, during a hospitality event titled ‘The future of shipmanagement’ in Athens, co-organized with MariApps Marine Solutions.More than 120 figures from the maritime sector…

Cavotec Opens New Manufacturing Facility in Italy

May 30, 2018

Global engineering group Cavotec has officially opened its new production facility in Milan.Some 150 guests attended yesterday’s opening ceremony, among them key customers, suppliers, partners, local officials and dignitaries and members of the media…

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

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