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GAC Dubai Wins Supply Chain Award

Apr 23, 2018

For the second consecutive year, GAC Dubai has been named the FMCG Supply Chain of the Year in the Logistics Middle East Awards. The 2018 award, like last year’s, acknowledges the company’s service to the Middle East’s busy Fast Moving Consumer Goods (FMCG) sector…

ExxonMobil Rolls Out New Hydraulic Oils

Apr 23, 2018

ExxonMobil said its new Mobil SHC Aware HS (Hydraulic System) Series hydraulic oils are specially formulated to offer excellent protection, even in marine operating environments. The oils meet the U.S. Vessel General Permit (VGP) requirements for Environmentally Acceptable Lubricants…

US Questions COSCO's Long Beach Terminal Takeover

Apr 23, 2018

A U.S. national security review has raised concerns about a takeover by China's COSCO Shipping Holdings Co of a large container terminal in Long Beach, California, the Wall Street Journal reported on Friday.The terminal is part of COSCO's planned $6…

Tanker Rescues Castaway in South China Sea

Apr 23, 2018

Mitsui O.S.K. Lines, Ltd. announced that on April 14, 2018, the MOL-operated/managed crude oil tanker Altair Trader rescued a castaway in the South China Sea.At 19:10 local time on April 14, while underway in the South China Sea toward the port of Kawasaki…

AAL Expands Its European Team

Apr 23, 2018

Multipurpose shipping operator AAL announced it is expanding its European team, agency network and service capabilities. Its Hamburg team is bolstered with the appointment of Eike Muentz to General Manager Europe and Jan-Henrik Heyken to Senior Chartering Manager Europe…

Vopak to Invest in Rotterdam Terminal

Apr 22, 2018

Vopak Rotterdam Botlek is investing in 63.000 cbm state-of-the-art stainless steel capacity (15 tanks) for the storage of Styrene and other hazardous chemicals. Styrene is a vital product used in manufacturing of a wide variety of consumer goods serving markets such as packaging…

South Korea Eximbank Pledges Huge Loans to Shipping

Apr 22, 2018

As part of the government's large-scale rescue plan for shipping sector, the Export-Import Bank of Korea  (Korea Eximbank) sets a figure for loans and guarantees to the country's shipping sector.  According to Yonhap, Korea Eximbank will funnel more than 800 billion won ($749…

British Ports Association Writes to PM on Brexit Concerns

Apr 22, 2018

The British Ports Association has written to the Prime Minister calling for funding guarantees for any new border facilities and digital infrastructure, which may be needed after the UK leaves the European Union.  There are concerns from…

Hapag-Lloyd to Cut CO2 Emissions by 20 % by 2020

Apr 22, 2018

Hapag-Lloyd is publishing the company’s first sustainability report ever yesterday (April 22) as the world celebrates “Earth Day,” which says that the company had achieved 46 percent reduction between 2007 and 2016. Within the report, the…

Maritime UK Mulls Increased Commonwealth Trade

Apr 22, 2018

Alderman The Lord Mountevans, Maritime UK Vice Chair, called for increased trade between UK and Commonwealth countries at the Commonwealth Head of Governments Meeting (CHOGM). Maritime UK brings together the UK’s shipping, ports, services…

Hazira Port Breaches 500K TEU Mark

Apr 21, 2018

Adani Ports & Special Economic Zone Ltd (APSEZ), India’s largest port developer today said that it had breached the 0.5 Million TEU mark at Hazira Port in FY 2017-18, with year-end throughout touching 500,879 TEUs, corresponding to a remarkable growth rate of 20…

Star Bulk Acquires 16 Ships

Apr 21, 2018

Star Bulk Carriers Corp. agreed to acquire 16 vessels from entities affiliated with Augustea Atlantica SpA and York Capital Management in an all-share transaction. As consideration for the Vessel Acquisition, Star Bulk has agreed to issue approximately 10…

Sealand Launches GOEX service from New Orleans Port

Apr 21, 2018

Sealand, the Intra-Americas regional ocean carrier of the Maersk Group, will operate a new direct, all-water service, the Gulf Ocean Express (GOEX) service, that connects Central America, Panama and Columbia to and from the Port of New Orleans (Port NOLA)…

Mark Chu Steps Down as COO of Seaspan

Apr 20, 2018

Seaspan Corporation, the world's largest independent containership owner operator, has announced that Mark Chu has notified the company that he plans to step down from his roles as General Counsel and Chief Operating Officer to pursue other opportunities…

Samskip Nor Lines' Service to Call Rotterdam

Apr 20, 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 1st. The service is provided by Nor Lines' state of the art…

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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