Logistics News

 

DMA to Digitalise Port State Control

Feb 02, 2018

The Danish Maritime Authority (DMA) and European Maritime Safety Agency (EMSA) are examining how online control of certificates could make Port State Control (PSC) inspections more efficient. This happens in the wake of the DMA’s implementation of digital certificates on Danish ships…

The Baltic Index Fell 10% This Week

Feb 02, 2018

The Baltic Exchange's main sea freight index, ended the week over 10 percent lower on Friday, as rates fell across all vessel segments, pushing the index to near 6-month lows. The overall index, which factors in rates for capesize, panamax…

New Shell Plant Highlights Strength of Rotterdam’s Breakbulk Cluster

Feb 02, 2018

Shell has an ambitious investment agenda for its refinery in Pernis. The construction of a new Solvent Deasphalter (SDA) will enable the plant to separate heavier fractions from crude oil, so that a larger share of the petroleum can be processed into lighter…

Descartes Acquires Aljex

Feb 02, 2018

Descartes Systems Group, specialist in logistics software, supply chain management software, and cloud-based services for logistics businesses, announced it has acquired Aljex Software, Inc., a cloud-based provider of back-office transportation…

Hyundai Merchant Marine, GS Caltex Ink Crude Oil Deal

Feb 01, 2018

South Korean shipping company Hyundai Merchant Marine (HMM) has signed a long-term crude oil shipping contract with compatriot oil refiner GS Caltex. A press release from HMM said that the KRW190 billion (USD 180 million) contract will…

Diana Containerships Announces Continuation of Time Charter Contract

Feb 01, 2018

Diana Containerships Inc. announced that, through a separate wholly-owned subsidiary, it has agreed to extend the present time charter contract with Hapag-Lloyd AG, Hamburg, for one of its Panamax container vessels, Sagitta. The Sagitta is a 3…

Oil Shipments From Georgia's Batumi Port Down 34%

Feb 01, 2018

Oil and related shipments from Georgia's Black Sea port of Batumi in January were down 34 percent from a year earlier, an official at the terminal, operated by Kazakh KazMunaiGas , said on Thursday.The official gave no reason for the fall…

Hapag-Lloyd North America President Freese Retires

Jan 31, 2018

Wolfgang Freese, President Region North America, will be retiring after almost five decades with Hapag-Lloyd.  Freese began his career in the shipping company in 1971 with an apprenticeship to become a shipping agent. In recent decades…

Maritime Shipping Market Brightened: NYK Line

Jan 31, 2018

Japan’s Nippon Yusen Kabushiki Kaisha (NYK Line) said that conditions in the maritime shipping market were positive overall during the nine-month period of the fiscal year ending March 31, 2018.  In the container shipping market, an upswing…

Maersk Line to Start New Asia-Latin America Service

Jan 31, 2018

Maersk Line announced the launch of the new Asia – Latin America / West Coast South America services. The service will provide Maersk Line’s customers with new direct products for Colombia, the Caribbean and Pecem, Brazil.  It will reduce transit times and offer greater port coverage…

G3 Canada Grain Terminal to Open ahead of Schedule

Jan 31, 2018

Canada's biggest grain terminal on a throughput basis plans to open at Port Metro Vancouver in 2019, nearly one year ahead of schedule, the chief executive of grain handler G3 Canada Limited said on Friday. The terminal, capable of handling…

Hamburg Süd to Launch New Asia-Americas Service

Jan 31, 2018

Beginning in April, Hamburg Süd is launching a new service network between Asia and South America West Coast, Mexico, Central America and the Caribbean.Concealed behind the service names ASPA and ASCA will then be a completely new product…

Pakistani Wheat Sold for Export Under State Incentive Program

Jan 31, 2018

Wheat from Pakistan wheat has been sold to overseas buyers after the country started a new state export incentive program, European traders said on Wednesday.Around four shipments of Pakistani wheat have been sold with two shipments said to be going to Kenya…

WISTA Singapore Launches Asia Conference

Jan 31, 2018

Women leaders from all over the world will gather in Singapore to attend the forthcoming WISTA Singapore Asia Conference taking place on May 10, 2018. The theme of the conference is “#UnlockingAsia – Opportunities and Threats” and topics such as “Ports & Terminals”…

Port of Rotterdam, IBM to Build a Connected, Smart Port of the Future

Jan 31, 2018

The Port of Rotterdam Authority and IBM has announced their collaboration on a multi-year digitization initiative to transform the port’s operational environment using Internet of Things (IoT) technologies in the cloud to benefit the port and those who use it…

Logistics News

Oil Supply to Outpace Demand in Medium-Term

Oil Supply to Outpace Demand in Medium-Term

Guinea Exports Record 48.6 Million Tons of Bauxite

Guinea Exports Record 48.6 Million Tons of Bauxite

ASRY Hosts First Innovation Forum with Lumofy

ASRY Hosts First Innovation Forum with Lumofy

Osbit Opens New Offshore Wind Facility in Port of Blyth

Osbit Opens New Offshore Wind Facility in Port of Blyth

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