Logistics News

 

Port of Açu Develops a new Digital Growth Masterplan

Jun 09, 2021

Radix Engineering and Software, in collaboration with HPC Hamburg Port Consulting, the Supply Chain & Logistics Technology Program - University of Houston, and UTC Overseas, Inc., is developing a ‘Smart Port’ Digital Growth Masterplan for the Port of Açu (PdA)…

Port Delays: Wait Times at Yantian Port Mount

Jun 09, 2021

Blank sails likely at Port of Yantian as median dwell times climb to over two weeks, shows project44 data  Vessel delays at the Yantian Port, a deepwater port in Shenzhen, has been worsening over the last week and the port is expected to remain congested throughout the month…

Oman's Asyad to Focus on Ports, Shipping

Jun 08, 2021

Oman's state-owned transport group Asyad plans to restructure its operations in order to focus on logistics, port services, free zones, shipping, drydocks and e-commerce, the state-run Oman News Agency reported on Tuesday, citing a management decision…

U.S. Stimulus, Consumer Spending Drives West Coast Imports to New Heights

May 19, 2021

The surge in U.S. container imports continued in April when West Coast loaded imports amounted to 1.10m TEU. Imports had never exceeded this level until August 2020, and developments in the past nine months mean that April imports are only the sixth highest on record…

Port Houston TEUs jump 25% in April

May 14, 2021

Port Houston said activity across its docks jumped again in April, showing robust growth in both containers and steel due to high regional demand.Container activity at the Gulf of Mexico's largest container port increased 25% for the month of April…

Japanese Exports on the Rise

May 14, 2021

Japan's exports likely grew more than 30% year-on-year in April, the most in more than a decade, a Reuters poll showed on Friday, but the base effect was a major factor after last year's steep decline due to the initial impact of the coronavirus pandemic…

Pandemic Propels Makeover at Shipping Giant Maersk

May 11, 2021

Maersk is accelerating its plan to transform itself from a container shipping giant into an integrated logistics company following its strong performance during the pandemic, Chief Executive Soren Skou said on Tuesday.Maersk, which handles one in five containers shipped worldwide…

DCT Gdańsk Baltic Hub 3 Project: Invitation for Prequalification

May 07, 2021

DCT Gdańsk S.A. has started a prequalification process to tender for the Baltic Hub 3 Project. DCT invites firms and joint ventures to prequalify to tender for Baltic Hub 3 General Contractor. The project in-cludes:Site establishment and demolition of existing disused Terminal T1 marine structures…

China Posts Rapid Trade Growth in April

May 07, 2021

China extended its impressive trade performance in April, with exports unexpectedly accelerating and import growth hitting a decade high, in a boost to the world’s second-largest economy.A brisk U.S. economic recovery and stalled factory production…

Bunge Announces Creation of Brazil Freight Digital Tool

May 06, 2021

Brazil's unit of U.S.-based grain trader Bunge announced on Thursday a partnership with logistics and technology provider Target for creation of a company focusing on the hiring of road freight digitally.The company will be called Vector, and…

Samskip Adds 1100 New Containers

May 06, 2021

Multimodal logistics company Samskip said it has added 1,100 containers to its fleet over recent months, further enhancing its capability to ship high value, temperature-controlled and perishable goods across the European markets and the rest of the world…

CMA CGM Shuffles EMED EXPRESS 2 Intra Levant Service

May 05, 2021

French carrier CMA CGM announced the reshuffling of its standalone EMED EXPRESS 2 – Intra Levant service set up, connecting Lebanon, Syria, Egypt and South Turkey effective as from mid May. The service will be extended to Iskenderun, Mersin and Damietta…

US Trade Deficit Reaches Record High

May 04, 2021

The U.S. trade deficit jumped to a record high in March amid roaring domestic demand, which is drawing in imports, and the gap could widen further as the nation's economic activity rebounds faster than its global rivals.Manufacturers lack the…

CNC Launches Three New Intra-Asia Feeder Services

Apr 29, 2021

CMA CGM's Intra-Asia short sea shipping arm CNC announced the addition of Semarang Express (SRG), Palembang Express (PLM) and Bangkok Express (BMT) to its services portfolio.The newly introduced SRG will call at the ports of Singapore and Semarang twice a week…

MSC Rolls Out Electronic Bill of Lading Globally

Apr 28, 2021

MSC Mediterranean Shipping Company is introducing the electronic bill of lading (eBL) for its customers globally following a successful pilot phase of the independent blockchain platform.The eBL enables shippers and other supply chain stakeholders…

Logistics News

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

DP World, Asian Terminals Inc. Invest $100M to Boost Capacity at Manila South Harbor

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

PD Ports Outlines Plans to Develop UK Offshore Wind Hub

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

DP World Begins $165 Million Expansion of Maputo Container Terminal Capacity

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

Port Canaveral Invests $500 Million in Five-Year Port-Wide Improvement Plan

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Syria signs 30-year agreement with French shipping giant CMA CGM
India bans imports of Pakistani goods amid tensions over terrorist killings
Asian spot LNG prices drop to new lows of 1 year on weak demand