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U.S. Wants Export Caps in Return for Scrapping Tariffs

Mar 16, 2018

The United States has set conditions for scrapping its planned punitive tariffs on steel and aluminum imports from Europe, German magazine Der Spiegel reported, including capping U.S.-bound exports of the metals at 2017 levels. The European…

Importers Buy U.S. Corn at Record Pace

Mar 16, 2018

Importers are buying U.S. corn at the fastest pace since the mid-1990s, according to U.S. government data, as tightening stocks in Latin America prompt a rush to purchase cargoes of the grain from animal feeders worldwide. A deepening drought in Argentina and limited corn supplies in Brazil…

Panama Canal Pact with Mato Grosso for Bulk Grain Cargoes

Mar 15, 2018

The Panama Canal signed a Memorandum of Understanding (MOU) in Cuiabá, Brazil that will promote the Panama Canal's position as a route for grain shipments traveling from northern Brazil to ports accessed in the Pacific Ocean. The agreement…

India to Augment Capacity Along Inland Waterways

Mar 15, 2018

The Government  of India proposes to augment capacity to develop eco-friendly and economic mode of transportation along inland waterways and coastal shipping routes under the Sagarmala Programme.  Sagarmala is the flagship programme of…

Chemical Tankers Market to Grow at a CAGR of 4.5% by 2022

Mar 15, 2018

The chemical tankers market is projected to grow from USD 26.63 billion in 2017 to USD 33.11 billion by 2022, at a CAGR of 4.5% between 2017 and 2022, said a research report. The flourishing chemical industry and increasing use of water…

Infested Chinese Garlic Imports Kick up a Stink in Indonesia

Mar 15, 2018

Indonesia has impounded more than 200 tonnes of garlic imported from China, warning that a microscopic worm infestation found in the shipment could put at risk plans by the Southeast Asian country to boost its own garlic crop. Since coming to power in 2014…

DP World to Increase CapEx as 2017 Performance Shines

Mar 15, 2018

DP World, one of the world's largest port operators, said on Thursday full-year profit rose 14.9 percent in 2017 and that it would spend $1.4 billion on capital expenditure this year. Profit for the period attributable to owners of the company after separately disclosed items rose to $1…

SOHAR Port and Freezone a ‘SmartPort’

Mar 15, 2018

Trelleborg’s marine systems operation has supplied its SmartPort technology to SOHAR Port and Freezone, in Oman. Previously, Trelleborg had supplied the port with Quick Release Hooks (QRHs), Docking Aid Systems (DAS), fenders and SafePilot Portable Pilot Units (PPUs)…

GEODIS, Portrix Partner for Instant Online Pricing

Mar 14, 2018

GEODIS, one of the world’s biggest transport and logistics operators, has chosen Portrix Logistic Software (PLS) as a partner for generating transportation quotes to its customers online. PLS is integrating its WebQuote solution, an extension of its leading Global Price Management (GPM) software…

Port of Oakland Targets 2.6 mln 20-foot Containers by 2022

Mar 13, 2018

The Port of Oakland released a new 5-year strategic plan today that pairs business expansion with community benefits. Called “Growth with Care,” the plan envisions more jobs and economic stimulus as the Port grows. According to the strategic plan…

First Arkas Line Ship To Dock In Contship Ravenna

Mar 13, 2018

Natalia A container ship that belongs to Turkish ARKAS shipping line is docked in Contship Ravenna – the Contship Italia Group gateway on the Adriatic Sea.  The Natalia A is deployed on the ADS service (Adriatic Service) that connects Ravenna with Istanbul…

Port of Rotterdam for Ambitious Investment

Mar 13, 2018

The solid financial results allow the Port of Rotterdam Authority to carry out an ambitious investment programme, which is intended to help the Rotterdam port maintain its leading position as Europe’s largest port and industrial complex. Allard Castelein…

Warmth Brightens up La Spezia Container Terminal

Mar 13, 2018

Despite the grey clouds and rain that fell over the weekend in La Spezia, the YM Warmth making only her second call brought a splash of colour to the terminal when it discharged from Asia a brand new ONE container, showing off the bright new magenta livery…

Long Beach Maintains Strong Start to 2018

Mar 13, 2018

The Port of Long Beach said its strong start to 2018 continues with a historic high in cargo volume for February following in the heels of a record January. During February, 661,790 twenty-foot equivalent units (TEUs) moved through the California port – a 32…

Somalia Bans DP World, Says Contract with Somaliland Null

Mar 13, 2018

Somalia has banned Dubai ports operator DP World from operating in Somalia, saying that a contract that the company signed last year with the breakaway Somaliland region to develop an economic zone is null and void. It is unclear how Somalia's…

Logistics News

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

ScioSense Launches UFC23 Ultrasonic Flow Converter for High-Precision, Ultra-Low-Power Smart Metering

Samsung Heavy Industries Receives AIP Certificate for Floating Data Center from ABS

Samsung Heavy Industries Receives AIP Certificate for Floating Data Center from ABS

US Import Costs Rise in April, Fuel Sees Biggest Gain in Four Years

US Import Costs Rise in April, Fuel Sees Biggest Gain in Four Years

NexusWave Implemented on IEA Fishing Vessels

NexusWave Implemented on IEA Fishing Vessels

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