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Logistics News

 

ICTSI Basra Builds Up Umm Qasr Port Capacity

Sep 10, 2018

The ability of the Port of Umm Qasr in Iraq to receive direct calls from larger container vessels is being progressively boosted by the new terminal development program at Basra Gateway Terminal (BGT).A significant milestone was reached at the…

IMO: Cargo Safety Matters

Sep 10, 2018

The classification of certain potentially hazardous cargoes is on the agenda of the International Maritime Organization (IMO)'s Sub-Committee on Carriage of Cargoes and Containers (CCC 5, 10-14 September).The Sub-Committee will consider a newly…

SC Ports Achieves Record Box Volume

Sep 10, 2018

South Carolina Ports Authority announced the highest monthly container volume in its history, with 206,541 twenty-foot equivalent container units (TEUs) handled in August.August container traffic surpassed the Port’s previous record of 201,163…

Oil Shipments From Georgia's Batumi Drop 45%

Sep 10, 2018

Oil and oil-related shipments from Georgia's Black Sea port of Batumi fell by 45.3 percent in the first eight months of 2018 from a year earlier, an official at the KazMunaiGas operated terminal said on Monday.Some crude oil has been re-routed…

DP World Plans 10-year Dollar Sukuk, 30-year Conventional Bond Sale

Sep 10, 2018

DP World, the Dubai logistics group and one of the world's biggest port operators, will meet fixed income investors ahead of a planned 10-year benchmark dollar sukuk offering, a document issued by one of the banks arranging the potential issue showed on Monday…

Essberger Tankers Sign Deal with GAC

Sep 10, 2018

Chemical tanker operator Essberger Tankers has signed a ship agency deal with GAC throughout Scandinavia. Under the agreement, GAC will handle an estimated 600-800 port calls a year for Essberger’s fleet of vessels carrying a wide range of high-grade chemicals…

Djibouti Nationalizes Stake in Doraleh Container Terminal

Sep 10, 2018

Djibouti has nationalized the two-thirds stake in its Doraleh Container Terminal held by the Port of Djibouti, the government said in a statement, the latest twist in a dispute with Dubai's government-controlled DP World dating back six years…

Port of Long Beach Sees Cargo Dip

Sep 09, 2018

Container volumes at the Port of Long Beach were 1.9 percent lower in August compared to the same month the year before.A total of 679,543 twenty-foot equivalent units (TEUs) were moved through the Port. Imports declined 3.6 percent to 343,029 TEUs…

CMA CGM, Hapag-Lloyd Introduce ReUse in Mexico with Avantida

Sep 07, 2018

Avantida, an INTTRA company, announced that CMA CGM and Hapag-Lloyd, two of the world’s largest liner shipping companies, are offering reUse container management services in Mexico. reUse is a container triangulation service for transporters made available on Avantida’s online platform…

Port of Duluth-Superior Generates $1.4 bln and 8,000 Jobs

Sep 07, 2018

The Port of Duluth-Superior generated $1.4 billion in economic activity and supported 7,881 jobs last year. Handling 35 million short tons of cargo generated over $504 million in total wages, salaries and purchases of goods and services in the regional economy…

14,000-TEU ONE Aquila Delivered

Sep 07, 2018

Ocean Network Express Pte. Ltd. (ONE) announced it has taken delivery of the 14,00 TEU capacity ONE Aquila at Japan Marine United Corporation’s Kure Shipyard in Hiroshima. The containership’s sublet owner is Nippon Yusen Kaisha (NYK Line).The…

Latvia’s Economy Growing via German Ports Too

Sep 07, 2018

Latvia recorded the strongest real growth among European states in the first quarter of 2018, posting a seasonally adjusted rise of 5.1 percent on strong domestic demand, driven by EU funded major projects, and greatly consuming private households…

German Exports Fall in July

Sep 07, 2018

German exports and industrial output both unexpectedly fell in July, in a fresh sign that manufacturers in Europe's largest economy are suffering from U.S. President Donald Trump's protectionist trade policies.The Federal Statistics Office said on Friday seasonally adjusted exports fell by 0…

Kalmar STS for Curaçao Port Services

Sep 06, 2018

Kalmar, part of Cargotec has signed a contract for supplying two Kalmar Ship-to-Shore (STS) cranes, including related spare parts, to Curaçao Port Services, said a press release.The Panamax size cranes will be used for modernising the customer's…

Antwerp Port: Brexit Ready

Sep 06, 2018

The UK is the third-largest maritime trading partner for the port of Antwerp. In order to be fully prepared for Brexit the Port Authority is taking various initiatives including the appointment of a new representative for the UK and Ireland…

Logistics News

Argentina Grain Exports Rise From Strong Harvest

Argentina Grain Exports Rise From Strong Harvest

Tanker Bound for Cuba with Fuel Cargo Diverts to Trinidad

Tanker Bound for Cuba with Fuel Cargo Diverts to Trinidad

Independent Port Consultants Announces New Hires

Independent Port Consultants Announces New Hires

US Crude Being Shipped to Asia Via Panama Canal

US Crude Being Shipped to Asia Via Panama Canal

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