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Navibulgar Orders Up to Six Bulkers

Oct 24, 2017

Bulgarian ship owner Navigation Maritime Bulgare (Navibulgar) confirmed the building of another two high-efficiency up-to-date 45000t bulk carriers.  This deal is a continuation of the contract for four + two newbuildings of DWT 45 000 t…

DP World Reports 13.5% Container Volume Hike in Q3

Oct 24, 2017

DP World Limited handled 52.3 million TEU (twenty-foot equivalent units) across its global portfolio of container terminals in the first nine months of 2017, with gross container volumes growing by 10.0% year-on-year on a reported basis and 9…

New Ferry Marks a Milestone for Incat Crowther

Oct 24, 2017

The latest passenger ferry constructed by Gladding-Hearn Shipbuilding for Massachusetts Bay Transit Authority signals a milestone delivery for marine design firm Incat Crowther. The 27-meter catamaran Champion marks the 500th vessel designed by Incat Crowther…

Vopak Launches Concurrent Bunkering Services in Singapore

Oct 24, 2017

Vopak, the world's largest independent storage tank operator, has launched a new service that allows tankers docking at its Singapore Sebarok oil terminal to refuel while simultaneously loading or discharging cargoes. 'The new concurrent…

Fiat Chrysler Sues Shippers over Alleged Price Fixing

Oct 24, 2017

The automaker wants the Federal Maritime Commission to order payments from Wallenius Wilhelmsen Logistics AS and its sister company EUKOR Car Carriers Inc, Nippon Yusen Kabushiki Kaisha, Mitsui O.S.K. Lines Ltd, Compania Sud Americana de Vapores…

Hyundai Heavy Signed $400 Million Order to Build 5 VLOCs

Oct 24, 2017

South Korea’s Hyundai Heavy Industries (HHI) has clinched a deal worth approximately US$400 million to build five very large ore carriers(VLOCs) from Seoul-based shipper Polaris Shipping. 'HHI has signed a $400 Million worth contract to build five 325…

Antwerp Cargo Volumes Surge

Oct 24, 2017

The freight volume handled by the Port of Antwerp continues to expand. After nine months the total this year stands at 167.1 million metric tons, an increase of 3.3 percent compared with the same period last year. Strong growth has been…

Ocean Change Requires Solutions: UN

Oct 23, 2017

Solutions to address human-induced “Ocean Change” are needed to save life in the ocean and reverse the cycle of decline in which it is caught, according to Fiji's Ambassador Peter Thomson, the UN Secretary General's Special Envoy for the Ocean…

MacGregor Named Operations VP at DPH/Patriot Rail

Oct 23, 2017

Diversified Port Holdings (DPH)/Patriot Rail, parent company to Seaonus and Portus, announced the promotion of Scott MacGregor to Vice President of Operations. He will have the primary responsibility of overseeing all DPH port operations in Florida…

Kiel's Cruise Shipping Season Draws to a Close

Oct 23, 2017

A final call from AIDAvita on October 21 marked the end of the 2017 cruise shipping season in Kiel, Germany. This year saw the number of passengers embarking or disembarking at Kiel’s cruise shipping terminals pass the half million mark for the first time…

Historic Vessel Sets out on its Final Journey

Oct 23, 2017

German flag containership the Northern Monument set course for Algeciras, Spain under the Verrazano Bridge with a very special cargo on board.Inside one of the ship's 40' dry box containers is the historic rowing vessel Spirit of Malabo…

RoadOne Appoints Chandler to Sales Leadership Team

Oct 23, 2017

Single source intermodal, distribution and logistics service company RoadOne IntermodaLogistics said Steve Chandler has joined the company as Vice President of Sales for the U.S. Southeast and Gulf regions. Chandler brings to the position more than 30 years of container shipping…

Rosneft Orders Ten More Arctic Shuttle Tankers at Zvezda

Oct 22, 2017

Rosnefteflot, a subsidiary of Russia’s petroleum company Rosneft, has inked agreements with compatriot Zvezda Shipbuilding Complex for construction of ten Arctic shuttle tankers. At the same time Rosnefteflot and Taimyrneftegaz  signed an agreement for 20 year time chartering of these tankers…

Suez Canal Revenues Fall

Oct 22, 2017

Suez Canal revenues fell 2.2% month-on-month in September 2017, according to official data. Revenues amounted to $459.8 million in September 2017, versus $470.6 million in August 2017, the data showed. However, Suez Canal Authority (SCA)'s revenues raised by 3…

Nakilat Net Profit Down for the Last Nine Month

Oct 22, 2017

Qatar Gas Transport Company (Nakilat), the largest LNG ship owner in the world, concluded its financial results for the nine-month period ended 30 September 2017, with a net profit of QR 607 million compared to QR 749 million of the same period last year in 2016…

Logistics News

World’s First Green Ammonia Bunkering Operation Completed in Dalian

World’s First Green Ammonia Bunkering Operation Completed in Dalian

PIL Celebrates Singapore's Independence Anniversary

PIL Celebrates Singapore's Independence Anniversary

US Imposes Additional 25% Tariff on Indian Goods

US Imposes Additional 25% Tariff on Indian Goods

Russia to Increase Oil Exports After Drone Strikes Shut Refineries

Russia to Increase Oil Exports After Drone Strikes Shut Refineries

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