Logistics News

 

Milaha Reports 10% Increase in Net Profit

Nov 01, 2018

Qatar Navigation (Milaha) Q.P.S.C. has announced its financial results for the nine months ended September 30, 2018.  Key financial highlights:•Operating revenues of QAR 1.8 billion ($494 mln) for the nine months ended September 30, 2018, compared to QAR 1…

NZ Harbour Welcomes its Largest Container Ship

Nov 01, 2018

The largest Port in the South Island of New Zealand, Lyttelton Port, has welcomed its largest ever container ship.The Singapore–flagged Rio de Janeiro, which can carry nearly 6000 containers and is the length of about three rugby fields, arrived early Saturday…

Port of Helsinki Launches Separate Company for Ship Services

Nov 01, 2018

Finland's main port Port of Helsinki Ltd is preparing for the implementation of the requirements of the EU’s Port Services Regulation by transferring ship services covered by the regulation to a subsidiary company.From 1 January 2019 onwards…

DP World, NIIF Win Bid at Mumbai's JNPT

Nov 01, 2018

Global port operator DP World said its joint venture (JV) with National Investment and Infrastructure Fund (NIIF)  has won the bid to build a Free Trade Warehousing Zone (FTWZ) at Jawaharlal Nehru Port Trust (JNPT)  Mumbai for USD 78 million…

World’s Biggest Container Ship on Maiden Call at Westports

Nov 01, 2018

The world’s biggest container ship, OOCL United Kingdom, made her maiden call at Malaysia's Westports in Port Klang on her way to China.The OOCL United Kingdom, with a carrying capacity of 21,413 TEUs, is one of the carrier’s six ‘G Class’ vessels…

Kalmar Bags Eurogate Order

Oct 31, 2018

Kalmar, part of Cargotec, is to deliver two rubber-tyred gantry cranes (RTGs) to EUROGATE, Europe's leading shipping line-independent container terminal operator, for use in their Tanger S.A. terminal in Morocco.The order was booked in Cargotec's 2018 Q3 order intake…

Gothenburg Port Container Traffic Up by 20%

Oct 31, 2018

Freight volumes passing through the Port of Gothenburg during the year to date are as follows. Container traffic is up 20% compared with the preceding year, and energy product flows remain consistently strong.A press release from the deep-water…

Kalmar Supports Port of Long Beach Electrification

Oct 31, 2018

Kalmar, part of Cargotec, has signed a contract to supply a fully electric Kalmar Ottawa T2e electric terminal tractor to Long Beach Container Terminal (LBCT) for a six-month demonstration period. The order was booked in Cargotec's 2018 third…

Port of Rotterdam Throughput Edges Down

Oct 31, 2018

Total throughput in the port of Rotterdam in the first three quarters of 2018 was 0.4% lower than in the same period the previous year.According to a release from the port, container volumes continued to grow at a markedly higher pace than the…

BBC Chartering Joins Seaboard to Create “Andino Service”

Oct 30, 2018

As part of their mission to improve services for shippers moving cargo between the US Gulf Coast, Jamaica, and ports in Ecuador, Peru and Chile, Seaboard Marine and BBC Chartering are pleased to announce a new strategic cooperation which will be marketed as “Andino Service…

Martin Bencher expands in North America

Oct 30, 2018

Scandinavian based Shipping and Freight Forwarding company Martin Bencher expands in North America with an office in Vancouver, BC, Canada.A press release from the project logistics company quoted  Peter Thorsoe Jensen, CEO MB Group as saying…

Hyundai Merchant Marine Mulls Fleet Capacity of 100 million TEUs by 2022

Oct 30, 2018

The South Korean container carrier Hyundai Merchant Marine (HMM) has chalked out an ambitious blueprint for expansion.The ocean carrier's CEO C.K. Yoo presented HMM’s target of building up its capacity to 100 million TEUs and posting USD 10 billion in annual revenue by 2022…

CN Buys TransX

Oct 30, 2018

Canadian National Railway (CN) has signed a deal to acquire the Winnipeg-based TransX Group of Companies as part of its strategy to expands its North American intermodal supply chain services.TransX, one of Canada’s largest and oldest transportation companies…

UK Tax Regime Continues to Provide Stability for Shipping

Oct 30, 2018

International accountant and shipping consultant Moore Stephens has outlined a number of unexpected changes introduced by the UK Budget 2018 which could have implications for the shipping and offshore maritime industries. But it stresses that…

Bulk Sector Prospects Perking Up

Oct 30, 2018

The bulk sector is navigating its way out of the doldrums but market correction has come at a price, delegates attending Bulk Terminals 2018 learned last week.Speaking in Hamburg at the annual conference of the Association of Bulk Terminal Operators…

Logistics News

Singapore Maritime Foundation Hosts MaritimeONE Scholarship Award Ceremony 2025

Singapore Maritime Foundation Hosts MaritimeONE Scholarship Award Ceremony 2025

Great Circle Group Expands Marine Technology Services to Cape Cod

Great Circle Group Expands Marine Technology Services to Cape Cod

OPCSA Orders Eight Hybrid Konecranes RTG Cranes

OPCSA Orders Eight Hybrid Konecranes RTG Cranes

Adani Group Refuses Sanctioned Vessels at its Ports

Adani Group Refuses Sanctioned Vessels at its Ports

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