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Gulf Navigation forms JV with Polimar Turkish

Jan 08, 2017

Dubai-listed Gulf Navigation Holding has announced a partnership with Polimar Turkish Holding to grow its fleet and increase its global reach. Under the agreement, Gulf Navigation said it would be able to serve customers in major trading ports worldwide…

Libya to declare force majeure at Ports over Smuggling

Jan 08, 2017

Libya's UN-backed government will declare force majeure on two ports to stop fuel smuggling from them, a statement from its presidential council said on Saturday.The statement gave no details on when the measure would come into effect, but…

Eastern Hires Adm. Papp as President Washington Ops

Jan 07, 2017

Eastern Shipbuilding Group, Inc. has appointed Admiral Robert J. Papp, Jr., U. S. Coast Guard (Retired), as President of Eastern Shipbuilding Group, Inc., Washington Operations.Admiral Papp served as an Officer in the Coast Guard for nearly 40 years…

Port of Santos Bullish on 2017

Jan 06, 2017

In a year of changes and challenges in the national and global scenarios, Companhia Docas do Estado de São Paulo (Codesp) (Santos Port Authority) has developed actions to maintain the position of the Port of Santos as the main port complex in Latin America…

Fresh Hopes in Container Shipping: Alphaliner

Jan 06, 2017

The new year brings with it fresh hopes for a recovery in container shipping although the market remains fundamentally imbalanced, says an Alphaliner report. A slew of new records were set in 2016 but most of them marked new lows for a…

Port of Virginia to Close Ahead of Winter Storm

Jan 06, 2017

The U.S. Coast Guard said the Port of Virginia will close Friday at midnight in anticipation of Winter Storm Helena, which is expected to bring snow and wind which will likely create particularly hazardous conditions, including zero visibility onshore and on the water…

Harrington Hoists Celebrates 150 Years

Jan 06, 2017

Harrington Hoists, Inc. is celebrating 150 years in the hoist business. The company was established in 1867 by Edwin Harrington, a machinist and inventor, when he started a machine shop and hoist business in Philadelphia. His company thrived…

Militzer & Münch Completes Management Team in Germany

Jan 06, 2017

The Militzer & Münch Group has named Marc Pinheiro as its new Managing Director of M&M air sea cargo GmbH. Since the beginning of the year, he has been in charge of the air and sea freight activities of Militzer & Münch. Additionally, Tom Rosman…

Lerwick Port Spells out Strategy for Expansion

Jan 06, 2017

Lerwick Port Authority has detailed a series of objectives to meet its aim of running an efficient, cost-effective harbour, including continuing expansion of the infrastructure. The goals are featured in an interim Update produced ahead of publication of a new style annual report in Spring…

Spot Box Rates Rise Above 5-Year Average

Jan 05, 2017

Spot container freight rates on the major East-West routes reached a 20-month high this week and have risen above the average of the last 5 years, said a report by Drewry. The latest weekly reading is $1,770/40ft container for the composite index…

APM Terminals Mumbai Mulls DPD Service

Jan 05, 2017

APM Terminals Mumbai, India’s busiest container terminal, has embraced ‘Direct Port Delivery’ (DPD)service initiated by the Indian government as part of its “Ease of Doing Business Program” to enhance India’s access to the global logistics chain…

Danos’ Amelia Facility Granted FTZ Status

Jan 05, 2017

Danos’ 367.5-acre integrated services complex located in Amelia, La., is now an officially recognized Foreign Trade Zone (FTZ) by U.S. Customs and Border Protection (CBP). It will be the ninth FTZ located in the state of Louisiana and one of 179 active FTZs in the country…

New Reefer Ship Makes Maiden Call to US

Jan 05, 2017

GT USA welcomed to the Canaveral Cargo Terminal (CCT) the M.V. Seatrade Red on its maiden call to the United States. The 607-foot M.V. Seatrade Red, a specialized reefer container vessel with a capacity of 2,259 TEUs and 674 reefer plugs…

GOST Names Kane Chief Technology Officer

Jan 05, 2017

Marine security, tracking, monitoring and video surveillance systems company GOST (Global Ocean Security Technologies) has promoted Brian Kane to the position of Chief Technology Officer. A founding partner and GOST Board of Director member…

Sri Lanka Delays Southern Port JV with Chinese Firm

Jan 05, 2017

Sri Lanka has delayed a joint venture with China Merchants Port Holdings Company Ltd to develop a port in its south, where China has also offered to build an investment zone, a top government official said on Thursday. The nation's cabinet…

Logistics News

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

Samsung Heavy Industries Receives AIP Certificate for Floating Data Center from ABS

Samsung Heavy Industries Receives AIP Certificate for Floating Data Center from ABS

US Import Costs Rise in April, Fuel Sees Biggest Gain in Four Years

US Import Costs Rise in April, Fuel Sees Biggest Gain in Four Years

NexusWave Implemented on IEA Fishing Vessels

NexusWave Implemented on IEA Fishing Vessels

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