Logistics News

 

Bad Weather Shutters Eastern Libyan Oil Ports

Dec 06, 2018

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 Makes Waves in Maritime Startup Program

Dec 05, 2018

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…

HyperloopTT, Hamburg Port Operator in Shipping JV

Dec 05, 2018

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…

Samskip’s UK Investments Transcend Brexit Disruption

Dec 05, 2018

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…

Dachser Names Touya to Head U.S. Management Team

Dec 05, 2018

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…

Stink Bugs Drive Car Carrier from Port

Dec 05, 2018

Biosecurity New Zealand has directed a vehicle carrier to leave New Zealand waters following the discovery of stink bugs and other regulated pests.Biosecurity officers intercepted 3 live and 39 dead brown marmorated stink bugs and 69 other dead…

NWSA's Terminal 18 Breaks Records with 2018 Volume

Dec 05, 2018

SSA Marine’s Terminal 18 surpassed 1 million twenty-foot equivalent units (TEUs) in yearly container volume last week, marking the first time in Washington state history that a single marine terminal handled a million TEUs in a year.Located in the North Harbor of The Northwest Seaport Alliance…

IOC: 5-year Tender on Scrubber-fitted Tankers

Dec 04, 2018

Indian Oil Corp (IOC) issued a global tender to charter scrubber-fitted oil tankers for at least five years to import Iraqi oil, a tender document seen by Reuters showed.The tender says Indian shippers will be given first right of refusal for…

Baltic Index Snaps 4-day Losing Streak

Dec 04, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships transporting dry bulk commodities, marked its first gain in five days on Tuesday, helped by firmer rates across vessel segments.The overall index, which factors in rates for capesize…

Rising Ship Supply Eases LNG Charter Rates

Dec 04, 2018

Limited availability drove LNG shipping rates to highs; but prices now falling as more ship supply becomes available.Inflated spot charter rates for liquefied natural gas (LNG) tankers are easing as more ships becoming available, which could…

Hyundai Merchant Marine to Say Good Bye to 2M Alliance?

Dec 04, 2018

South Korea's largest shipping firm Hyundai Merchant Marine (HMM) is likely to part ways with the 2M Alliance which will expire in April 2020 and join  a new ocean alliance said a local media report.According to a report in Business Korea, the…

NYK Launches Ship-management Platform NiBiKi

Dec 03, 2018

Japenese shipping company Nippon Yusen Kaisha (NYK) has announced the launch of its new ship management platform ‘NiBiKi’, which is expected to reduce complications for crew members.The  new platform NiBiKi is useful for the onboard crew helping…

Milaha Awarded International Health and Safety Management Award

Dec 03, 2018

Milaha, a Qatar-based maritime transport and logistics conglomerate, has won the prestigious “Sword of Honor” from the British Safety Council which is awarded to companies that have demonstrated excellence in the management of health and safety risks at work…

TEN: Cautious Optimism on Shipping Market

Dec 02, 2018

The provider of seaborne crude oil and petroleum product transportation services Tsakos Energy Navigation Limited (TEN) said that though the tanker market showed upward trajectory, management will keep a close eye on developments and refine its employment approach…

Denmark Mulls Most Modern Container Port

Dec 02, 2018

Copenhagen Malmö Port said that Denmark’s most modern container port will be completed by the end of 2021 – the futureproof, modern, sustainable and automated container terminal in Copenhagen. The terminal substantially strengthens CMP’s role…

Logistics News

Fortescue Green Pioneer: Proving Ground for Ammonia as Maritime Fuel

Fortescue Green Pioneer: Proving Ground for Ammonia as Maritime Fuel

UAE Blamed for Port Sudan Drone Attacks

UAE Blamed for Port Sudan Drone Attacks

Mexican Port Acquires Two Large Quay Cranes

Mexican Port Acquires Two Large Quay Cranes

Port of Antwerp-Bruges Launches Europe’s First Electric Tugboat

Port of Antwerp-Bruges Launches Europe’s First Electric Tugboat

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India's Russian crude oil imports reach 10-month high due to strong demand for ESPO
US court approves Brazilian airline Gol’s restructuring plan
El Al, the Israeli airline, says it will continue benefiting from reduced competition