Logistics News

 

LNG Import: China is World's No. 2 buyer in 2018

Jan 23, 2019

China's imports of liquefied natural gas (LNG) in December soared 25 percent from the same period a year earlier to a monthly record of 6.29 million tonnes, customs data showed on Wednesday.The previous record of 5.99 million tonnes was set in November…

PORTS: NWSA Finishes 2018 on Strong Note

Jan 23, 2019

The Northwest Seaport Alliance’s total monthly container volumes for December reached 349,055 twenty-foot equivalent units (TEUs), a 11.6 percent increase over the same month last year.Total import volumes were up 20.2 percent at 159,550 TEUs…

"Lakers" up 17.5% in December 2018

Jan 23, 2019

U.S.-flag Great Lakes freighters carried 8.5 million tons of cargo in December, an increase of 17.5 percent compared to a year ago.  Driving the surge was a 16-percent increase in iron ore cargos.  Limestone and coal cargos also registered increases…

New IJmuiden Sea Lock Gets Gates

Jan 23, 2019

The first of a total of three lock gates for the new sea lock has arrived at IJmuiden harbour in the Dutch province of North Holland.According to Port of Amsterdam Authority, the lock gate was towed by a tug across the North Sea to its final destination…

Rotterdam Port, RPPC Renew Collaboration

Jan 22, 2019

The Port of Rotterdam Authority and Rotterdam Port Promotion Council (RPPC) will once again be prolonging their partnership for another four-year term.Port Authority CEO Allard Castelein said: “We have been working together for many years. Time and time again…

Indian Port Enters World’s Top 30 Container Ports List

Jan 22, 2019

India's largest container port, Jawaharlal Nehru Port Trust (JNPT), has made its way to the top-30 container ports across the globe.JNPT notched up five spots as per the latest Lloyds Report, to be 28th on the list, compared to its previous ranking…

Neele-Vat Logistics Sets-up at City Terminal

Jan 22, 2019

Europe's logistics services provider Neele-Vat Logistics and the Port of Rotterdam Authority have signed a contract for the development of a distribution centre on the last vacant lot at the City Terminal site near Eemhaven (Heijplaat-Rotterdam)…

Weekly Freightos Baltic Index Update

Jan 22, 2019

Highlights of the Freightos Weekly Baltic Index Report ...Just as the January 1 GRIs were losing traction, the mid-month round lifted transpacific prices back up again. The net impact was a 4% week on week rise for both lanes. China-West Coast went up from $2…

Turkmen Oil Exports via Russia’s Novorossiisk Port to Resume

Jan 22, 2019

Exports of Turkmen oil via Russia's Black sea port of Novorossiisk will resume in February, four market sources said.Turkmenistan stopped transit of its oil via Russia in 2016 and has been exporting all its crude via the Azeri Caspian port of Baku…

Yang Ming Launches New China-Malaysia Direct Service

Jan 21, 2019

Taiwanese ocean shipping company Yang Ming Marine Transport Corp. (YM) has announced the launch of CMS service (China-Malaysia service) with effect on February 23rd, 2019 (estimated time of berth from Qingdao).The service is jointly operated by Yang Ming…

Newcastle Port Becomes First EcoPort in Australasia

Jan 21, 2019

Port of Newcastle has become the first port in Australia or New Zealand to commit to meeting global environmental and sustainability standards as set by EcoPorts.The port was this month granted membership of the International EcoPorts network…

China Navigation Buys Bulk Shipping Arm of Hamburg Süd

Jan 21, 2019

German shipping group Hamburg Süd announced that it is selling its bulk shipping business to Singapore’s China Navigation Company (CNCo), part of the Swire Group,  as it focusses on its liner business with its two container shipping brands, Hamburg Süd and Aliança…

Peterson Wins Logitsics Contract for Repsol Sinopec

Jan 21, 2019

Energy logistics provider Peterson announced Monday it has been awarded a new long-term integrated logistics contract to service Repsol Sinopec Resources U.K.The contract sees Repsol Sinopec transitioning their marine and quayside operations to Aberdeen from Peterhead with integrated supply base…

GAC Expands in South America

Jan 21, 2019

Growing demand for professional shipping services from the offshore oil & gas industry has prompted GAC to open an office in Uruguay. The new office continues 2018’s expansion of the Group’s Americas region with the opening of GAC Brazil’s office in Fortaleza…

Oakland Port Cargo Volume Hit All-time High in 2018

Jan 20, 2019

The Port of Oakland reported a record-setting 2018 in cargo movement, on account of an expected spike in imports aimed at beating new tariffs on goods shipped from China.According to data released by the port, it handled the equivalent of 2…

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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Asian spot LNG prices increase slightly after US-China Tariff truce
Asia's high-sulfur fuel oil nears record highs
Israel attacks Yemeni ports, Houth-run television says