Logistics News

 

OASIS Group to Set up Logistics Park at London Gateway

Jan 11, 2022

DP World on Tuesday announced that OASIS Group has become the latest business to locate at its port-centric logistics park at London Gateway in the U.K.The 108,973 sq ft warehouse will be taken on a long-term lease by OASIS Group, which provides…

Port Everglades Sets New Cargo Moves Record

Jan 10, 2022

Port Everglades reports it has topped its cargo moves record following the after the arrival of Mediterranean Shipping Company's MSC Rachele.With the assistance of the port's three new Super Post-Panamax gantry cranes and one existing Post-Panamax crane…

The Latest Supply Chain Snafu: Shortage of McDonalds French Fries in Japan

Jan 07, 2022

While the supply chain mess has left consumer globally wanting for everthing from cars to treadmills, the latest hit is arguably the worst: a shortage of McDonalds french fries in Japan's roughly 2900 branches!Japanese customers will have to…

New JV Stevedoring Company Handles First Box in Savannah

Jan 03, 2022

On Monday at the Port of Savannah, representatives from Gateway Terminals, the International Longshoremen’s Association and the Georgia Ports Authority joined to mark the first container moved under the direction of Gateway, a new joint venture…

2022 & Beyond: Will the Container Carrier Debacle Ever End?

Dec 30, 2021

When the global supply chain runs smoothly, it’s like a well-choreographed dance. Everything comes together elegantly and effortlessly. But when someone misses a step, the show can quickly turn into a disaster. And that’s what’s currently unfolding before our eyes…

India's Adani Nears First Coal Load from Controversial Australian Mine

Dec 29, 2021

India's Adani Group is preparing to ship the first coal cargo from Australia's most controversial mine, after battling a seven-year campaign by climate activists and defying a global push away from fossil fuels.The Carmichael mine in outback…

The Push for "Green" Ships will Keep Ocean Freight Costs High

Dec 28, 2021

Ocean freight costs are likely to remain high in 2022 as investors and regulators scramble to accelerate decarbonization of the shipping industry and companies grapple with green financing, sources say.Shipping, which transports about 90% of…

Pakistan to Boost Shipping Fleet to Tackle Global Logistics Crisis

Dec 14, 2021

Pakistan is working to boost the capacity of its shipping fleet to draw on its strategic geographical position and help tackle the effects of a global supply chain crisis, the country’s maritime minister told Reuters.Pakistan has a coastline of over 1…

LA, Long Beach Container Dwell Fee on Pause Until December 20

Dec 13, 2021

The Port of Los Angeles and the Port of Long Beach announced Monday that consideration of the “Container Dwell Fee” would be held off another week, until December 20.Since the fee was announced on October 25, the twin ports have seen a combined decline of 47% in aging cargo on the docks…

US Retail Imports Grow at Record Pace Despite Pandemic

Dec 10, 2021

Imports at the United States’ major retail container ports are expected to end 2021 with both the largest volume and fastest growth on record despite supply chain disruptions brought on by the COVID-19 pandemic, according to the monthly Global…

Insurance Insights: Larger Vessels, Larger Exposures

Dec 09, 2021

The blocking of the Suez Canal by one of the largest container ships in service in the world – the Ever Given – in March 2021 caused huge delays to hundreds of vessels waiting to transit the canal, one of the biggest chokepoints on the critical East/West trade shipping route…

CMA CGM Buys Part of Ingram Micro in $3 Billion Deal

Dec 08, 2021

France's CMA CGM said it had agreed to buy most of Ingram Micro's Commerce & Lifecycle Services (CLS) activities in a deal valued at $3 billion, adding this was aimed at accelerating the shipping group's push into end-to-end logistics.CMA CGM…

Offshore Renewable Energy: A Port Puzzle for Floating Offshore Wind

Dec 08, 2021

After being very much on the margins of the offshore wind industry, floating offshore wind now appears to be ready to hit the mainstream. With gigawatt scale developments already on the horizon, what will the infrastructure needed to build and support them look like…

Stena Line to Open New Daily Route to Finland

Dec 07, 2021

Stena Line plans to enter the Finnish market with a new daily route from Hanko in Finland to Swedish Nynäshamn, a step in the carrier's ambition to strengthen its position in the Baltic Sea. Starting with one ferry in February, the new route…

China Forms New State-owned China Logistics Group

Dec 06, 2021

China formally established a new state-owned logistics group on Monday, state broadcaster CCTV reported on Monday, to strengthen domestic and global supply chains amid widespread disruptions caused by the pandemic.China Logistics Group aimed…

Logistics News

Baltic Index Rises, Sees Gains Across All Vessel Sizes

Baltic Index Rises, Sees Gains Across All Vessel Sizes

Cuba Maritime & Port Celebrates Three Years of Industry Innovation and Collaboration

Cuba Maritime & Port Celebrates Three Years of Industry Innovation and Collaboration

Melvin Resigns as President of South Carolina Ports Authority

Melvin Resigns as President of South Carolina Ports Authority

Brazil Ships More Iron Ore to China, Competitors Lag

Brazil Ships More Iron Ore to China, Competitors Lag

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