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CEVA Starts Rail Service between China and Germany

Jun 26, 2017

CEVA Logistics, a supply chain management companies, has launched a new rail service linking Shilong in southern China's Guangdong province to Hamburg in Germany. In conjunction with the Chinese state railway company, the new regular block trains will route Shilong…

Dry Bulk, Tanker Newbuilds on the Rise -BIMCO

Jun 26, 2017

Tanker and dry bulk vessel newbuild contracts have been signed at an increasing pace so far in 2017, with newbuild activity for the first half of 2017 surpassing the same period last year by 20 percent. According to BIMCO, 5.9 million DWT was contracted in May 2017 and 3…

Woes Mount for ABG Shipyard

Jun 25, 2017

The Indian ministry of defence (MoD) has terminated the contracts with India's ABG Shipyard, which already  was out of the race for $2.6-billion four Landing Platforms Docks (LPD). This comes as another serious setback to the Shipyard after…

HMS Queen Elizabeth Sets Sail on Maiden Voyage

Jun 25, 2017

Britain's most advanced and biggest warship, 65,000-tonne aircraft carrier HMS Queen Elizabeth, set out on its maiden voyage on Monday from the Rosyth dockyard in eastern Scotland. The ship, which measures 280 metres and can move 500 miles a day…

Austal Wins USD 584.2 million US Navy Contract

Jun 25, 2017

Australian shipbuilder Austal has won a  $584.2 million contract to build a 14th Littoral Combat Ship for the US Navy, Reuters reported. The contract includes associated LCS class services and related material and integrated data environment support…

Ever Sigma Discharges 9 millionth TEU at Los Angeles Port

Jun 25, 2017

Evergreen Line’s Ever Sigma container ship discharged the 9 millionth TEU (twenty-foot equivalent unit) to pass through the Port of Los Angeles in the span of 12 months, setting a new annual record for the most container throughput of any port in the western hemisphere…

"It is Easy for Seafarers to Feel Lonely and Isolated" Says UN

Jun 25, 2017

Highlighting the challenges faced by seafarers – women and men sailing and working aboard ships – the United Nations International Maritime Organization has called on everyone around the world to show appreciation for their vital contributions…

Rotterdam Port Contracts Four PortXL Start-ups

Jun 25, 2017

The Port of Rotterdam Authority is entering into a partnership with four start-ups for the development of as many innovative projects. Along with six other starters, these companies took part in the port-related accelerator programme PortXL…

Korea Line Signs USD 1.15 bln LNG Shipping Deal from KOGAS

Jun 23, 2017

Korea Line Corporation (KLC) has secured a KRW 1.27 trillion (USD 1.1 billion) contract to transport liquefied natural gas (LNG) for its compatriot Korea Gas Corporation (KOGAS). Yonhap reported that under the deal with Korea Gas Corp. (KOGAS)…

MOL-MES Joint Development Next-generation Vessel Monitoring System

Jun 23, 2017

Mitsui O.S.K. Lines (MOL) announced an agreement with Mitsui Engineering & Shipbuilding (MES) to jointly develop next-generation vessel monitoring and support systems for practical applications and commercialization. Based on the real time data…

Reederei Hamburger Lloyd Chooses Sealink Plus VSAT

Jun 23, 2017

Hamburg-based shipping group Reederei Hamburger Lloyd will move its fleet of nine containerships and six bulk carriers to Marlink’s Sealink Plus VSAT package including unlimited L-band backup. Hamburger Lloyd is a long term customer of Telemar…

New 11,000 TEU Ship Enters Service for Zim

Jun 23, 2017

The newly built 11,000 TEU vessel Cape Sounio owned by Costamare has been deployed on Zim’s Asia South America East Coast (ASE), the Israeli container shipping company said. The vessel embarked on its maiden voyage on from Pusan, South Korea…

Cardiff University Researches Religious Lives of Seafarers

Jun 23, 2017

The religious and spiritual experiences of seafarers, and ministry among port chaplains, will be explored in a new project by Cardiff University’s Seafarers International Research Centre (SIRC).Religion in multi-ethnic contexts, funded by the Economic and Social Research Council (ESRC)…

Transas CEO Coles Speaks on the Future for Seafarers

Jun 23, 2017

A message from Frank Coles, CEO of Transas on the International Day of the Seafarer.On this day of recognition, I would like to celebrate the women and men who commit their careers and their lives to being at sea for extended periods of time…

Global Ports Sector Faces Structurally Slower Growth, Says Fitch

Jun 22, 2017

Traffic growth in the ports sector is likely to remain well below historical levels for the foreseeable future, due to fundamental structural changes in the industry and global trade, Fitch Ratings says.  A move towards protectionism would represent a significant additional risk…

Logistics News

New $1.2B Subsea Cables Factory Plan Set to Transform Port of Tyne

New $1.2B Subsea Cables Factory Plan Set to Transform Port of Tyne

Barcelona to Get New Finished-Vehicle Logistics Terminal

Barcelona to Get New Finished-Vehicle Logistics Terminal

Phase 1 of Gdynia Quay Upgrade Complete

Phase 1 of Gdynia Quay Upgrade Complete

Egypt's Suez Canal Offers 15% Discount to Win Back Big Container Ships As Trade War Stabilizes

Egypt's Suez Canal Offers 15% Discount to Win Back Big Container Ships As Trade War Stabilizes

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South Korea's NOFI buys estimated 65,000 tons corn, traders say
South Korea's NOFI purchases about 60,000 T of soymeal from traders
MSCI's May revision includes India's Coromandel and Nykaa in the key index