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More Cars Shipped Via The Port Of Gothenburg

Sep 15, 2017

During the first quarter of the year, new car exports and imports passing through the Port of Gothenburg rose by 12 per cent compared with the first quarter of 2016.  The Port of Gothenburg became the number one vehicle handling port in Scandinavia…

How to Legally Remove a Hazardous Wreck

Sep 15, 2017

What is the legal basis for removing a hazardous wreck at sea? Who bears the liability? These and many other wreck removal questions were addressed by IMO’s Jan de Boer at the ACI’s Maritime Salvage & Casualty Response conference in London (13-14 September)…

Warning on Hazards of Carrying Bauxite by Ship

Sep 15, 2017

A new warning that bauxite may become unstable when carried in bulk on a ship, potentially causing the vessel to capsize, has been issued by the International Maritime Organization (IMO). Bauxite is one of the world’s major sources of aluminium…

Japan's JICA to Fund India's Alang-Sosiya Shipyards

Sep 15, 2017

The Government of India signed a loan deal worth USD 76 million with Japan International Cooperation Agency (JICA), for a project to upgrade the environment management plan at Alang-Sosiya ship recycling yards.  The total cost of the project will be $ 111 million…

Beaumont Port Still Restricted after Harvey

Sep 15, 2017

While crude deliveries by larger ships to Beaumont in Texas remain restricted after Hurricane Harvey, a workaround using pipelines can supply Exxon Mobil's refinery there, shipping sources said. Silt and clay lingering in the Port of Beaumont still threaten to entrap large ships…

CMA CGM Confirms Order for Nine Mega Ships

Sep 15, 2017

CMA CGM, the world's third-largest container shipping firm, said it expected operating profits to improve further in the second half as the market continues to recover, and confirmed an order for nine giant vessels. The announcements by…

US-flag Shipping on Great Lakes Up 7%in August

Sep 15, 2017

The Lake Carriers’ Association (LCA) said U.S.-flag Great Lakes freighters (lakers) moved 10.1 million tons of cargo in August, an increase of 7 percent compared to a year ago. The month’s shipments also bettered the August long-term average by approximately 60…

Brightoil Launches Online Bunker Trading Platform

Sep 15, 2017

International bunker trader and supplier Brightoil has launched a new suite of online tools that aims to transform the way bunker fuel is traded globally. Brightoil Bunker Online E-Delivery platform is now live and includes a Forward Fixed…

Kiel Port Prize Goes to Grage of SCA Logistics

Sep 15, 2017

The 2017 annual Port of Kiel Prize has been awarded to Jörn Grage, Managing Director of SCA Logistics GmbH.  The award was presented on Thursday evening, September 14th, by Dr Dirk Claus, Managing Director of the PORT OF KIEL (SEEHAFEN KIEL GmbH & Co…

Toyota Backs Japanese $1.8 Bln LNG Vessel Order

Sep 14, 2017

Japanese car manufacturer Toyota Motor Corporation is turning to LNG-powered ships to transport its cars across the globe, according to a report from Japanese daily Nikkei. The company has backed an investment in up to 20 LNG-powered car carriers with the capacity to carry 7…

PD Ports Warns UK Against 'Brexit Blinkers'

Sep 14, 2017

In the week that global maritime leaders gave the UK a vote of confidence, naming it one of the world’s leading maritime centres, PD Ports is urging UK businesses not to develop ‘Brexit blinkers’ but instead to explore significant new global opportunities as the UK negotiates its exit from the EU…

CNOOC Ends Feasibility Study for Western Canadian LNG Terminal

Sep 14, 2017

China's CNOOC Ltd said on Thursday it will end the feasibility study for its (LNG) export terminal on British Columbia's coast due to low global commodity prices, in the latest setback for Canada's energy industry. Nexen Energy, a unit of CNOOC…

New Ship Repair Facility in Portsmouth

Sep 14, 2017

Britain’s largest independent ship repairer and marine engineering services provider Burgess Marine announced that in partnership with Portsmouth City Council it has opened a new ship repair facility within Portsmouth Commercial Port, U.K.Burgess Marine Ltd…

Houthi Leader Says Could Target Saudi Oil Tankers

Sep 14, 2017

Yemen's Houthi leader Abdel-Malek al-Houthi said on Thursday his group could target Saudi oil tankers should Saudi Arabia attack Yemen's main port at Hodeida. 'We could target Saudi oil tankers and we could do anything, we have not done this before…

Baltic Index Near Fresh 3-year High

Sep 14, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, touched a fresh near three-year high on Thursday, supported by firmer rates across vessel segments.The overall index — which factors in rates for capesize…

Logistics News

Ports Urge Congress to Reverse Infrastructure Funding Cuts

Ports Urge Congress to Reverse Infrastructure Funding Cuts

US Commerce Disorganization Stalls Thousands of Export Approvals

US Commerce Disorganization Stalls Thousands of Export Approvals

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Russian Oil Vessels Forced to Divert From India Under US Sanctions

Hanseatic Global Terminals Launches Latin America Expansion

Hanseatic Global Terminals Launches Latin America Expansion

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