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Freeport LNG Delays Start of Texas Export Terminal

Apr 19, 2018

Freeport LNG, a privately held U.S. liquefied natural gas company, said on Thursday it pushed back the projected start date for its $13 billion export terminal under construction in Texas by about nine months to around Sept. 1, 2019.Freeport…

Bulk Carriers: Capesize Rates Surge

Apr 19, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, jumped 7 percent for the second straight day to a six-week high, perked up by surging capesize rates.The overall index, which factors in rates for capesize…

Nor Lines Adds Calls at Rotterdam

Apr 19, 2018

Samskip subsidiary Nor Lines will include calls at Rotterdam for the first time in its weekly multipurpose liner service connecting to Western, Mid and Northern Norway, with effect from June 1. The service is provided by Nor Lines’ liquefied…

$252m Finance for LNG-Powered Tankers

Apr 19, 2018

Watson Farley & Williams (“WFW”) has advised ING Bank (“ING”), as agent, security trustee and the syndicate of lenders on the US$252m financing of the world’s first ever LNG-powered aframax tankers for leading Russian shipowner Sovcomflot Group (“SCF”)…

BIMCO: Trade War may change Soya Bean Trade Lanes

Apr 19, 2018

Soya bean trade lanes may change due to the ongoing trade war. The shipping of soya beans from the US to China is one of the most significant ‘one commodity’ cargoes that may become affected by the trade war between the US and China.Soya bean…

Port Tampa Bay selected as Port Executive Management Center

Apr 19, 2018

The International Association of Maritime and Port Professionals (IAMPE) stated that Port Tampa Bay has been selected as the Port Executive Management Center for the State of Florida.  The Port will host advanced educational and training for…

Maersk's Block Train Solution on Standard Gauge Railway

Apr 18, 2018

A Standard Gauge Railway (SGR) train fully laden with 108 twenty-foot equivalent units (TEU) of Maersk Line Through Bill of Lading (TBL) containers arrived in Nairobi from Mombasa last 13 April. Compared to the Meter Gauge Railway, the 472…

Flex LNG Charters New LNG Carrier to Enel

Apr 18, 2018

Flex LNG , a global shipping company  specializing in the ownership of LNG carriers, announced that through a  separate wholly-owned subsidiary,  it has entered into a time-charter agreement  with Enel Trade, a company of the Enel Group, a…

Port of Rotterdam Authority Launches New Pronto Application

Apr 18, 2018

Port of Rotterdam Authority presented the first version of its new digital application Pronto. Pronto constitutes a major step forward when it comes to improving efficiency for the some 30,000 vessels that call on Rotterdam every year.  The…

European Shipowners Welcome EU Trade Agreements with Japan, Singapore

Apr 18, 2018

The European Commission presented trade agreements with Japan and Singapore to the Council to eventually be adopted. The European shipowners are very pleased that the first step towards the conclusion of these agreements has been taken…

London Thamesport Boosts Short Sea Capacity

Apr 18, 2018

Dutch-based transport company A2B-online Container B.V. has added a fourth weekly sailing on its service between Hutchison Ports London Thamesport and Moerdijk in The Netherlands. The new sailing is inaugurated today (18 April 2018) by the first call of the m…

Diana Shipping Signs Time Charter Contract With Cargill

Apr 18, 2018

Diana Shipping announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Cargill International S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v Santa Barbara.  The…

Port of LA Promotes Libatique

Apr 18, 2018

The port of Los Angeles has promoted David Libatique to deputy executive director of stakeholder engagement, a position on the port’s executive management team.In this new role, Libatique will oversee government affairs, trade development, community relations…

XPO Logistics Unveils Voice Tracking

Apr 18, 2018

XPO Logistics Inc, the largest provider of last-mile deliveries for heavy and bulky items in North America, unveiled on Wednesday voice-enabled delivery tracking through Amazon.com Inc's Echo or Alphabet Inc's Google Home speakers.XPO believes…

New Ro/Ro Facility Coming to Alabama

Apr 18, 2018

Plans are in motion to develop a new vehicle processing roll-on/roll-off (RO/RO) facility at Alabama’s Port of Mobile in the U.S.Today in Buenos Aires, Argentina, the Alabama State Port Authority signed a Memorandum of Understanding with AutoMobile International Terminal…

Logistics News

Seafarers Stranded Off Yemen After US-Houthi Ceasefire Deal

Seafarers Stranded Off Yemen After US-Houthi Ceasefire Deal

Maersk Warns Global Container Volumes Could Drop Due to Trade War

Maersk Warns Global Container Volumes Could Drop Due to Trade War

Near-Record US Container Imports in April Expected to Snap in May Due to Tariffs

Near-Record US Container Imports in April Expected to Snap in May Due to Tariffs

New IMO Designation for the Mediterranean Sea Helps Bring More Doba Crude to Europe

New IMO Designation for the Mediterranean Sea Helps Bring More Doba Crude to Europe

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South Korea's MFG purchases about 67,000 T of corn, traders claim
Iberdrola to receive $800 million from the National Wealth Fund of Britain for UK grid upgrades
Traders say that Taiwan purchases approximately 99,200 T of wheat from the United States.