Logistics News

 

Poti Port Commissions Eco-friendly Spreaders

Nov 13, 2018

APM Terminals Poti, Georgia,  has commissioned a new, state-of-the-art, revolving spreader to load copper concentrate into bulk vessels. The spreaders are designed to improve efficiency and minimise the impact on the environment during bulk cargo loading operations…

QTerminals Reaches 2mln TEUs Milestone

Nov 13, 2018

QTerminals, the recently-established operator of the first phase of Hamad Port in Qatar, has reached 2mn TEUs (twenty-foot equivalent units) and 5mn tonnes of general cargo at the end of October this year, thus tripling the levels since the…

Diana Shipping Fixes M/V Maia with Glencore

Nov 13, 2018

The provider of shipping transportation services Diana Shipping announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Kamsarmax dry bulk vessels…

ICS Chairman Warns on Global Trade War

Nov 13, 2018

International Chamber of Shipping (ISC) Chairman Esben Poulsson has warned of the threats facing the global economy as US trade sanctions against China and other countries risk damaging long-term development.Speaking on behalf of the global trade association for ship owners in Tokyo on 13 November…

Savannah Achieves All-time TEU Record in October

Nov 13, 2018

The Port of Savannah moved more container cargo in October than any other month in its history, with 413,800 twenty-foot equivalent container units crossing its docks. Containerized trade at the Port of Savannah has increased by 8 percent for the fiscal year to date (July-Oct…

Singapore Marine Fuel Sales at 5-month High

Nov 13, 2018

Singapore marine fuel sales in October climbed 3 percent on year to a five-month high of 4.125 million tonnes, according to data released by the Maritime and Port Authority of Singapore (MPA) on Tuesday.The latest sales volumes were 0.3 percent higher compared to September…

Virgin Hyperloop One Selects New Chairman

Nov 12, 2018

Global hyperloop pioneer Virgin Hyperloop One elects Sultan Ahmed bin Sulayem as Chairman and Jay Walder as CEO as company leverages new round of funding to begin implementation of hyperloop from Pune to Mumbai.Sultan Ahmed bin Sulayem is the Group Chairman and CEO of DP World…

Varanasi Port Receives India's First Inland Cargo Vessel

Nov 12, 2018

Indian Prime Minister Narendra Modi has inaugurated the first multi-modal terminal built on the river Ganga in Varanasi (Kashi). He also received India's first container vessel that sailed from Kolkata on the newly-developed inland waterway…

Yang Ming Cuts Losses, Optimizes Fleet

Nov 12, 2018

Taiwanese ocean shipping company Yang Ming Marine Transport Corporation  said that its 3rd quarter net loss after tax for Q3 was USD 30 million, a reduction of 76.16% compared to last quarter, and USD 220 million for the nine-month period.However…

Inland Containerized Shipping Comes to India

Nov 12, 2018

Marking India’s first containerized movement on inland waterways, PepsiCo India became the first company to use containerized vessel movement for transporting products from its plant in Kolkata to the port in Varanasi. The first containerized vessel was received by Hon’ble Prime Minister of India…

GAC Inaugurates Dubai Logistics Facility

Nov 12, 2018

A quarter of a century after opening the first distribution center in the Middle East, GAC Dubai officially unveiled its new purpose-built contract logistics facility, at Dubai South.The inauguration ceremony was held under the patronage of His Excellency Khalifa Al Zaffin…

First U.S. LNG Cargo Since Trade Tariffs Arrives in China

Nov 12, 2018

A liquefied natural gas (LNG) cargo from the United States has arrived in China, the first such cargo since Beijing imposed a tariff on U.S. imports, shipping data from Refinitiv Eikon showed on Monday.The cargo was shipped on the tanker Ribera…

COSCO Shipping Ports, Navis Join to Launch Center of Excellence

Nov 12, 2018

The terminal operating systems (TOS) provider announced a new partnership with COSCO Shipping Ports Limited (CSP), creating a joint Center of Excellence (CoE).Navis is a part of Cargotec Corporation and provider of operational technologies and…

Contship Expands Intermodal Service

Nov 12, 2018

Contship Italia Group has been pulling all the stops to increase its intermodal offering during the past months.Italy’s leading service provider for integrated global supply chains said that its Rail Hub Milano (RHM) and its gateway ports La…

Port of Oakland Cargo Volume Up Despite Tariff Battle

Nov 11, 2018

A U.S.-China tit-for-tat over tariffs hasn’t dampened cargo volume growth at the Port of Oakland.  In fact, the Port is on track for its third straight year of record container volume in 2018, stated the Port authorities.But can it last?  That’s…

Logistics News

PMA: Panama-Flagged Vessels Must Notify of Ship-to-Ship Transfers

PMA: Panama-Flagged Vessels Must Notify of Ship-to-Ship Transfers

Sovcomflot Plunges to $393m Loss in Q1 Amidst Sanctions

Sovcomflot Plunges to $393m Loss in Q1 Amidst Sanctions

BAE Systems Set to Open $250M Shiplift Facility in Florida

BAE Systems Set to Open $250M Shiplift Facility in Florida

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

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