Global port operator DP World says it has completed the acquisition of Danish logistics firm Unifeeder for $748 million.DP World’s full acquisition of Unifeeder Group from Nordic Capital Fund VIII was announced in August, but finalized on Thursday…
The government of Panama gave a US$1.4 billion contract to build a bridge over the Panama Canal to Panama Cuarto Puente, a Chinese consortium.Panama Cuarto Puente consortium or so-called Panama Fourth Bridge Consortium, composed of China Communications…
Eastern Libyan oil export ports have reopened after bad weather forced their shutdown, Libyan state oil company NOC said on Friday.NOC's statement said storage tanks at the port of Es Sider could accommodate three days of production. One vessel…
Several tankers carrying diesel fuel are floating off Taiwan and Southeast Asian waters as a steep fall in oil prices kept buyers at bay, trade and shipping sources said on Friday, helping push rates to their highest since January 2016.With tanker rates also boosted by strong Chinese oil exports…
Eastern European country Ukraine has acceded to an important International Maritime Organization (IMO) ship safety treaty – the 1988 Protocol relating to the International Convention on Load Lines.Limitations on the draught to which a ship may…
The recently signed smart carrousel plan in the Waalhaven is expected to give breakbulk and heavy cargo companies space for further growth in Rotterdam’s Waalhaven.In the coming three-and-a-half years, 12 hectares of industrial site and 1,155 metres of quay will undergo a user change…
Florida-based Crowley Logistics has added 400 new refrigerated (reefer) cargo containers to its industry-leading equipment fleet just in time for the peak perishables shipping season beginning in Central America.The additional units, all 40-foot-long…
Patna, capital of Indian state of Bihar, will witness a new landmark in the country’s Inland Water Transport (IWT) sector with 16 TEUs of container cargo (equivalent to 16 truckloads), belonging to food majors PepsiCo India and Emami Agrotech…
The United States last week exported more crude oil and fuel than it imported for the first time on record, underscoring the nation's growing influence as a supplier of oil to the world.Exports of crude surged in the week to Nov. 30 to more than 3…
Crowley Logistics has added 400 new refrigerated (reefer) cargo containers to its industry-leading equipment fleet just in time for the peak perishables shipping season beginning in Central America.The additional units, all 40-foot-long, high cubes built to Crowley’s exacting standards…
The eastern Libyan oil ports of Es Sider, Ras Lanuf, Brega and Zueitina were still closed on Thursday because of bad weather, port and shipping sources said.Libyan state oil company NOC had said on Wednesday that all the country's oil export terminals were closed by bad weather…
Cargotec, the Finnish company that makes cargo-handling machinery, has partnered with Rainmaking in September this year to establish a startup collaboration programme called Trade & Transport Impact.The programme connects world leading corporations…
Port of Hamburg terminal operator Hamburger Hafen und Logistik Aktiengesellschaft (HHLA) joined force with Hyperloop Transportation Technologies (HyperloopTT/HTT) to form a new company.According to a press release from HTT, the company will…
Two years of pre-Brexit investment in North Sea container shipping services is proving decisive in winning shippers away from cross-Channel ferry routes at a critical time for UK-EU relations, according to leading multimodal operator Samskip…
Touya brings 30 years of successful company development to American supply chain endeavors.Dachser has named Vincent Touya as Managing Director of its U.S. based organization. Mr. Touya is from France and has been with the family-owned company for over 30 years…
