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Voyager Targets Bulk Shipping for SaaS Solution

Aug 21, 2019

Voyager, a company offering a solution to the bulk commodity shipping market to operate in a unified and digital environment, announced completion a $1.5 million seed funding round co-led by ATX Venture Partners, Blue Bear Capital, GreenHawk Capital…

Descartes Acquires BestTransport

Aug 21, 2019

Descartes Systems Group has acquired BestTransport.com, a cloud-based transportation management system (TMS) provider focused on flatbed-intensive manufacturers and distributors.BestTransport has been connecting shippers and carriers to streamline transportation processes for more than 15 years…

Peel Ports Steps Toward Brexit Ready

Aug 21, 2019

Peel Ports Group has been accredited with the internationally recognized quality mark of Authorized Economic Operator (AEO) at all its principal ports by Her Majesty’s Revenue and Customers, affirming the Port’s efficient and robust processes to customers worldwide…

Mobile Analysis: 3D, 2D CAD Viewer "to go"

Aug 21, 2019

The CoreTechnologie 3D Analyzer Viewer is now available through a mobile license-lending feature.The powerful 3D Analyzer Viewer of the German-French software manufacturer CoreTechnologie (CT) comprises in the current version 4.3 anew license…

AMC, Kongsberg in VR Training Collaboration

Aug 21, 2019

Kongsberg Digital AS has cemented its long-standing position as the primary supplier of simulation software and hardware to the Australian Maritime College (AMC), with the recent confirmation of a new Long-Term System Support Program (LTSSP)…

Hapag-Lloyd Launches SE Asia-Australia Routes

Aug 21, 2019

Hapag-Lloyd launches new South East Asia to Australia Services // SEA and S2A to start in October.Hapag-Lloyd expands its Oceania product portfolio. During the month of October 2019 (week 43), two new services which will offer weekly direct sailings between Thailand…

Highest July Container Volumes for JAXPORT

Aug 21, 2019

The Jacksonville Port Authority (JAXPORT) has achieved its best ever July container volumes, with total container movements increasing 19 percent over the previous July. More than 116,000 twenty-foot equivalent units (or TEUs, the industry standard…

Australia Joins U.S.-led Gulf Security Mission

Aug 21, 2019

Australia will join the United States in a security mission to protect merchant vessels travelling through key Middle East waterways after Iran seized a British-flagged vessel, Prime Minister Scott Morrison said on Wednesday.Foremost among the areas to be patrolled is the Strait of Hormuz…

Iran: Waterways Won't be Safe if its Oil Exports

Aug 21, 2019

If Iran's oil exports are cut to zero, international waterways will not have the same security as before, its president said on Wednesday, cautioning Washington against upping pressure on Tehran in an angry confrontation between the longtime foes…

Shell Charters LNG-Powered Tanker Fleet

Aug 21, 2019

Shell Tankers (Singapore) Private Ltd has agreed a long-term deal to charter a fleet of 10 LNG dual-fuel Aframax crude oil tankers from Sinokor Petrochemical Co Ltd, which expects to take delivery of them from Samsung Heavy Industries in South Korea in 2021…

Vista Shipping to Finance Product Tankers

Aug 21, 2019

Hafnia Tankers, a member of BW Group, and shipyard-affiliated leasing company CSSC (Hong Kong) Shipping have formed a joint venture named Vista Shipping to finance and operate product tankers.A term loan facility of USD 111 million is intended to be used to finance four LR1 newbuildings…

Fitch Affirms Panama Canal 'A' Investment Grade

Aug 20, 2019

For the fourth consecutive year, Fitch Ratings has affirmed the Panama Canal's 'A' investment grade rating with a stable outlook for its long-term issuer default rating and its senior unsecured notes.The credit rating agency noted that the Panama…

Dream Cruises Wins $2.9Bln from KfW IPEX-Bank

Aug 20, 2019

KfW IPEX-Bank, leading a consortium consisting of six international banks, is structuring the financing of two cruise ships for Genting Hong Kong Ltd. and its brand Dream Cruises.The Global Class I and II ships are currently being built in the…

Waterfront Adds Methanol-Fuelled Vessels

Aug 20, 2019

The marine transportation company Waterfront Shipping Company has added two new innovative, clean-burning vessels, M/T Mari Couva and M/T Mari Kokako, to its fleet.Both 49,000 dwt vessels are built with the second generation of MAN B&W ME-LGIM…

BBC Chartering Appoints Ulrichs as CEO

Aug 20, 2019

German shipping services company BBC Chartering has announced that Ulrich Ulrichs has taken over the CEO position from Svend Andersen as announced in May of this year.'The shareholders would like to thank Svend Andersen for his many years with…

Logistics News

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

DFDS Reaches 10,000 Sailings in Türkiye

DFDS Reaches 10,000 Sailings in Türkiye

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The'shadow fleet of Russian oil tankers': Key facts
Sources say that Black Sea CPC blend oil exports decreased to 1.6 millions bpd during April.
CMA CGM, France, will redeploy its fleet to avoid U.S. Port Fees on Chinese vessels