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Logistics News

 

U.S. Soybean Inventories at Record Levels

Feb 08, 2019

U.S. soybean supplies as of Dec. 1 were the biggest on record as demand for the oilseed fizzled amid a trade war between the United States and China, the U.S. Agriculture Department said on Friday.USDA also trimmed its forecast of the U.S. soybean crop harvested last fall to 4…

Conley Box Terminal Breaks TEU Record Again

Feb 08, 2019

The Port of Boston’s Paul W. Conley Container Terminal set a new all-time record in 2018 for volume for the fourth year in a row. The Port of Boston is the main artery of Massachusetts’ consumer economy, with imports and exports serving as vital catalysts for growth…

St Petersburg Port Cargo Handling Up by 12%

Feb 07, 2019

Sea Port of Saint-Petersburg (CTSP), a company of UCL Port, stevedoring division of the international transportation group UCL Holding, handled 7.7 million tonnes of cargo showing a 12-pct increase versus the result of 2017.The increase of cargo…

HHLA Revenue, Profit Rise

Feb 07, 2019

German port operator Hamburger Hafen und Logistik AG (HHLA) increased its Group revenue by 3 percent to EUR 1.29 billion in the 2018 financial year (previous year: EUR 1.25 billion). The Group’s operating result (EBIT) of EUR 204 million (previous…

Matson Names Dreyfus VP, Alaska

Feb 07, 2019

Matson has announced that Branton B. 'Bal' Dreyfus has been appointed vice president, Alaska, succeeding Kenny Gill, who has resigned from the company.In his new role, Dreyfus has management responsibility for all Matson operations in Alaska…

BIMCO: Trade War Cease-Fire for Dry Bulk Sector

Feb 07, 2019

Following an almost total halt in exports of soya beans to China in the last quarter of 2018, the new year has brought new hopes for American farmers and the dry bulk shipping sector. The USDA reported that in the first four weeks of 2019 754…

ZIM Adopts Avantida Platform

Feb 06, 2019

E2open company Avantida, a digital logistics platform, has announced that it will partner with ocean carrier Zim Integrated Shipping Services (ZIM) to offer street turn services in the US.ZIM, the second shipping line to offer this service to US transporters…

Savannah Port to Build Mega Ship Hub

Feb 06, 2019

The Port of Savannah will soon be able to unload six 14,000 TEU vessels at the same time. The plan, which is called “Big Berth, Big Ship”, effectively doubles the port’s capacity to handle mega-boxships.  Georgia Ports Authority (GPA) Executive…

Best Year for Stockholm Port

Feb 05, 2019

Swedish Ports of Stockholm summarized 2018 as a record revenue year, with stable freight volumes and a record number of cruise passengers.Sweden’s biggest passenger port saw more than 16 million passengers travelling by ferry, cruise ship or on archipelago services in 2018…

Green Light to Stena, Hyundai Glovis JV

Feb 05, 2019

The European Commission has approved the creation of a joint venture by Swedish Stena Rederi, part of Stena AB, and German Glovis Europe, which is controlled by South Korean Hyundai Glovis.Earlier, the companies have filed a merger application…

DP World's Q4 Dubai Box Traffic Sags

Feb 05, 2019

DP World reported a fall of 4.6 percent in fourth-quarter shipping container volumes in Dubai that the government-controlled port operator blamed on a drop in low-margin business.Dubai's Jebel Ali, the largest transshipment port in the United Arab Emirates…

Sri Lanka Port Strike Ends

Feb 05, 2019

Sri Lankan customs officers on Tuesday called off a strike that left 6,000 containers stranded at the country's main port and put pressure on food prices, after the government agreed to reinstate their boss for three months.The strike by thousands…

Touya Joins Dachser USA

Feb 05, 2019

On February 1, Vincent Touya joined Dachser USA as Managing Director at the company’s US Regional Office in Atlanta.Touya is from France and has held several managerial positions during his 30-year tenure with the family-owned company. Previously…

SCPA: Record January Container Volume

Feb 05, 2019

South Carolina Ports Authority announced the strongest January on record and 12.5 percent fiscal year-over-year growth of container volume.SCPA handled 205,689 twenty-foot equivalent container units (TEUs) last month. Since the Port’s fiscal year began in July…

GPA: Six 14,000-TEU Vessels Simultaneously

Feb 05, 2019

Georgia Ports Authority Executive Director Griff Lynch unveiled GPA's Big Berth/Big Ship program that will allow the Port of Savannah to simultaneously handle six 14,000 TEU vessels by 2024.'No other single container terminal in North America has the ability to expand berth capacity at this rate…

Logistics News

US Crude Being Shipped to Asia Via Panama Canal

US Crude Being Shipped to Asia Via Panama Canal

PERC Leads Fuel Conversation at Port of the Future Conference

PERC Leads Fuel Conversation at Port of the Future Conference

Exxon, BP, Vitol Ship Record Volume of US Oil Products to Australia in March

Exxon, BP, Vitol Ship Record Volume of US Oil Products to Australia in March

GT Wings Establishes Manufacturing Partnership with Zunsion Technology for AirWing Production

GT Wings Establishes Manufacturing Partnership with Zunsion Technology for AirWing Production

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Refiner MOL files complaint with EU regarding Croatian pipeline charges
India is seeking passage for other vessels that are stranded in the Strait of Hormuz area after a few have sailed through
Trump threatens to strike Iran’s Kharg Island oil networks if shipping routes remain blocked