Canada's energy-rich province of Alberta is in talks to buy rail cars to transport 120,000 barrels per day of crude oil and expects a deal to conclude within weeks, Premier Rachel Notley said on Wednesday.Notley, who says the cars are needed…
Tsakos Energy Navigation (TEN) has announced the charter with profit sharing provisions of one suezmax tanker for 18 months to a major oil concern.The Greek shipping company pointed out hat this increases the number of vessels fixed on secured revenue contracts since the beginning of the year to 24…
Germany's Kühne Logistics University (KLU) and the container shipping giant Hapag-Lloyd announced the launch of the Hapag-Lloyd Center for Shipping and Global Logistics (CSGL) in Hamburg.According to the University, in Hamburg CSGL will promote…
CMA CGM is selling its freight management company CMA CGM Log for $105 million to the Swiss company CEVA Logistics. Recently CMA CGM has acquired a 30% stake in Ceva Logistic. CEVA will remain an independent and standalone listed company. This…
Ocean Network Express (ONE) announced the further expansion of its Asia - east coast South America service as a follow-up to the earlier announcement detailing the expanded cooperation with Hapag Lloyd.A week ago, ONE announced the expansion of its Asia-South America service…
The Batangas International Port or locally known as the Batangas Pier in Philippines said that Batangas Container Terminal (BCT), managed by listed Asian Terminals Inc.(ATI), has continuously stepped up its role as international trade facilitator in Calabarzon (Cavite…
Norway-based global maritime industry group Wilhelmsen Holding has introduced a new digital start-up named Raa Labs to speed up maritime digitalisationRaa Labs will enable maritime companies to harness data, drive digitalisation and adopt technology to take a leap into the future…
France-based Port Community System operator SOGET, in close collaboration with French customs, port authorities, ferry companies and road hauliers, will offer an integrated e-freight corridor based on a digitalized anticipation of information flows related to cross-Channel goods…
Ro/Ro traffic between Sweden and the continent are increasing, as volumes between Gothenburg and Belgium have risen for the ninth consecutive year. During this period volumes between Belgium during have doubled, and the number of departures has risen from 12 to 16…
French container transportation and shipping company CMA CGM said that by strengthening the partnership with the global logistics supply chain company CEVA Logistics, it is actively engaging its logistics strategy.Rodolphe Saadé, Chairman and…
French container shipping group CMA CGM third quarter results outperformed the industry, with significant increases in revenue and volume.The global transporting company said in a stock exchange annoucement that its volumes have risen 5.5 percent and revenue is up 6…
The European Parliament's Committee on Transport and Tourism and the Industry Committee jointly adopted the Marinescu- Telička- Virrkkunen report on the Connecting Europe Facility proposal (CEF) 2021-2027.The European Sea Ports Organisation…
The Port of Long Beach received a $14 million grant from the Trade Corridor Enhancement Program (TCEP) to offset construction costs for a $25 million rail project to increase efficiency and reduce local traffic.The grant will fund the port's Pier G and J Double Track Access Project…
As the cost inflation is set to accelerate on higher insurance premiums, average vessel operating costs rose modestly for the second year in succession following two years of marked declines, according to the latest report published by global shipping consultancy Drewry…
To help increase ratification of the FAL Convention and improve understanding of its requirements, two National Seminars on Facilitation of International Maritime Traffic have been delivered by International Maritime Organization (IMO), in cooperation with the Pacific Community (SPC)…
