Logistics News

 

Intermarine Enters Joint Venture with Zeaborn Group

May 29, 2018

Maritime Holdings Delaware, LLC, parent company of project, breakbulk and heavylift cargo carrier Intermarine, LLC has entered into a joint venture agreement with Zeaborn Group.The joint venture entity, ZeaMarine GmbH, will include the transfer…

Baltic Index Falls to Six-Week Low

May 29, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Tuesday to a six-week low as rates across vessel segments fell.* The overall index, which factors in rates for capesize, panamax and supramax shipping vessels…

Second Delivery of Cranes Arrives in APM Terminals Moin

May 28, 2018

With this latest delivery of cranes, the APM Terminals Moin remains on schedule for completion in February 2019, when it is expected to raise commerce in Costa Rica by 23% according to Qbis Socioeconomic Impact Study.  This second delivery…

Diana Containerships Continues TC for m/v Pucon With OOCL

May 28, 2018

Diana Containerships announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Orient Overseas Container Line Ltd., Hong Kong, for one of its Post-Panamax container vessels, the m/v Pucon…

Wärtsilä Intermodal Pact with VR Group

May 28, 2018

The technology group Wärtsilä and VR Group, a national railway operator owned by the Finnish State, deepen their partnership as Wärtsilä begins to recondition the engines of diesel locomotives.  The agreement significantly extends the previous relationship between the companies…

Concordia Maritime Charters Three Suezmax with Stena Bulk

May 28, 2018

As a further step in fleet positioning ahead of the gradually stronger market that is expected, Concordia Maritime has decided to participate in three suezmax tankers chartered in by Stena Bulk. The 158,000 dwt vessels were built in Korea in the period 2012-2014…

CMA CGM Sets Surcharge to Offset Fuel Price Surge

May 25, 2018

French shipping group CMA CGM said on Friday it would introduce an exceptional surcharge after its first quarter earnings were hit by a sharp rise in bunker fuel prices.The move comes after Maersk Line, the world's largest container shipping company…

National Maritime Day Celebrates the Benefits of Waterborne Transportation

May 25, 2018

The maritime industry is the lifeblood of United States trade, delivering goods throughout North America and around the world. National Maritime Day, Tuesday, May 22, 2018, recognizes the benefits the maritime industry provides in the U.S. and celebrates those who work on the water…

Allianz Expands, Improves Project Cargo Coverage

May 25, 2018

With an increased demand for large-scale production facility and infrastructure projects worldwide, the transport of high-value, critical equipment to these project sites has become more intricate and complex. To meet this growing need,…

U.S. Alarmed by Strike on Turkish Ship Delivering Wheat to Yemen

May 25, 2018

The United States said on Friday it was concerned about a Houthi missile strike on a Turkish vessel carrying wheat to Yemen this month and another attack on an oil tanker in the Red Sea.'The United States is alarmed by the Houthi missile…

HAROPA Re-elected Best Seaport in Europe in 2018

May 25, 2018

The port stakeholders and experts in the supply chain of the Asia-Pacific zone have renewed their trust to HAROPA for the 6th time (HAROPA is the 5th North-European port complex grouping together the ports of Le Havre, Rouen and Paris): HAROPA…

Port of Oakland Online Shipping Platform Goes Live

May 25, 2018

A one-stop, online gateway to the Port of Oakland went live.  The Port said its new tech platform, called the Oakland Portal, would provide a single point of entry to seaport operations. It’s believed to be an industry first in the quest to digitize containerized cargo transportation…

FreightWeek STL Focuses on State of the Barge Industry

May 25, 2018

The state of the barge industry was among the first educational sessions offered to attendees of FreightWeek STL, a four-day conference hosted by Inland Marine Expo (IMX), Institute for Trade and Transportation Studies (ITTS) and St. Louis Regional Freightway…

Sugar Stocks at Brazilian Ports 'Near Zero'

May 24, 2018

Sugar stocks at the main exporting ports in Brazil, the world's largest producer and exporter of the sweetener, are 'near zero' due to truckers' protests in the country, industry group Unica said on Thursday.In a statement, Unica said that if protests do not end…

Meet the Digital, Zero Emission Cargo Solution

May 24, 2018

Kalmar, part of Cargotec, and Yara entered into an agreement in which Kalmar will deliver fully autonomous equipment, software and services for a unique, fully digitalized container handling solution at Yara's Porsgrunn facility in Norway.This…

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