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DFDS Completes Acquisition of U.N. Ro-Ro

Jun 07, 2018

Danish shipping and logistics group DFDS has completed the acquisition of Turkey’s largest operator of Ro-Ro freight ships and will be a major player in the strong and continuously growing trade between the EU and Turkey.  In April, DFDS signed an agreement with the owners of  U…

Call for Development of Holistic Corridor in Baltic

Jun 07, 2018

Development of transport corridors ensures smart and innovative cross-border transport and logistics services on the core transport network of the Baltic Sea Region.  The ways to develop the smart North Sea–Baltic, Baltic–Adriatic and Scandinavian…

Chairman of IACS Commends Association’s Achievements

Jun 07, 2018

Knut Ørbeck-Nilssen, who will hand over the reins of  International Association of Classification Societies (IACS) in July, examined how the association had evolved during his time as Chairman, while speaking at the Posidonia trade fair in Athens…

Carnival Scoops Up Port, Rail and Retail Operations in Alaska

Jun 07, 2018

A subsidiary of Carnival Corporation has reached a deal to purchase port, railroad and retail operations that form a gateway to the Klondike Gold Rush region, in a major push into the Alaskan tourism industry.Carnival, the world’s largest cruise and leisure travel company…

PDVSA Completes Oil Transfer to Ease Tanker Bottleneck

Jun 07, 2018

Venezuelan state-run oil company PDVSA has completed its first ship-to-ship (STS) transfer designed to ease a severe bottleneck of tankers around its main crude ports, according to sources close to the operation and Reuters vessel tracking data…

AmeraMex International Names Anderson COO

Jun 07, 2018

AmeraMex International, Inc., a provider of heavy equipment for logistics companies, infrastructure construction and tactical military vehicles, has appointed Susan Anderson as Chief Operating Officer effective immediately. Anderson will replace Michael Maloney…

Long Beach Publishes Study on Toyota Terminal Renovation

Jun 07, 2018

The Port of Long Beach has released its draft study examining a proposal by Toyota Logistics Services to reconfigure its facility at Pier B and build a renewable fuel-cell power plant and hydrogen fueling station.The study is an Initial Study/Mitigated Negative Declaration (IS/MND)…

Stena Line Looks to Cut Fuel Consumption Using AI

Jun 07, 2018

Stena Line has partnered with Hitachi’s European subsidiary to implement onboard artificial intelligence (AI) technologies engineered to minimize the shipping company’s fuel consumption costs and environmental impact.In recent years, Stena Line…

ST Engineering Appoints New Director

Jun 07, 2018

Singapore Technologies Engineering Ltd (ST Engineering) announced MG Ong Su Kiat Melvyn has been appointed as a non-independent non-executive director of the company with effect from June 8, 2018.MG Ong is currently Chief of Defense Force. He…

Baltic Index Up for Sixth Straight Session

Jun 07, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday for a sixth straight session as rates across vessel segments saw gains. The overall index, which factors in rates for capesize…

Panama Maritime Authority Authorises Verifavia

Jun 06, 2018

Verifavia, the world’s leading emissions verification company for the transport sector (aviation and shipping), announced that it has become the first independent verifier authorised by the Panama Maritime Authority to conduct the International…

Diana Shipping Signs TC Contract for m/v Baltimore with Koch

Jun 06, 2018

Diana Shipping through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping, Singapore, for one of its Capesize dry bulk vessels, the m/v Baltimore.  The global shipping company specializing…

CMA CGM Signs MoU to Drive Digitalization in Shipping

Jun 06, 2018

CMA CGM’s Ze Box and PSA unboXed have signed a Memorandum of Understanding (MoU) to drive digitalization and innovation in the shipping and supply chain ecosystem.Ze Box is CMA CGM’s corporate venture capital arm that invests in startups with…

Montrose Port Receives $2 Mln Investment

Jun 06, 2018

Montrose Port Authority, a support and service hub for the energy industry, has received a £1.5 million ($2 million) Ports Mode Shift Grant from the Scottish Government.Following on from a period of significant investment for Montrose Port Authority…

LOC Names Cummins Energy Projects Development Director

Jun 06, 2018

International marine and engineering consulting firm LOC has appointed ex-Head of Engineering at BP, Ian Cummins as its new Energy Projects Development Director. Ian will focus on the oil and gas and renewables markets, and help to identify…

Logistics News

Mercuria Sues Baltic Exchange Over Freight Losses from Hormuz Closure

Mercuria Sues Baltic Exchange Over Freight Losses from Hormuz Closure

Ukrainian Drones Hit Tuapse Port Again, Environmental Crisis Deepens

Ukrainian Drones Hit Tuapse Port Again, Environmental Crisis Deepens

Russian Attack Hits Port Infrastructure

Russian Attack Hits Port Infrastructure

Port Snared in US-China Dispute, says Panama President

Port Snared in US-China Dispute, says Panama President

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Court documents show that Trader Mercuria has sued Baltic Exchange for losses incurred by the Hormuz cargo, according to a court filing.