Logistics News

 

Finnish Unions Call Strikes to Protest at Unemployment Benefit Cuts

Jan 23, 2018

Finnish transportation and construction workers will go on a one-day strike on Feb. 2 to protest against the centre-right government's cuts to unemployment benefits, unions said on Tuesday. The strikes are expected to close all Finnish ports and construction sites on the same day that SAK…

Crowley Assists Power Restoration in Puerto Rico

Jan 23, 2018

Crowley Maritime Corporation’s liner and logistics teams recently provided full supply chain management services for the first of several expected shipments of special cargo to help restore power in Vieques, an island located about eight miles from Puerto Rico…

Baltic Index Rises on Firmer Rates for Larger Vessels

Jan 23, 2018

The Baltic Exchange's main sea freight index marked its strongest daily percentage gain in nearly three weeks on Tuesday as the capesize segment rebounded from its two weeks of declines, and the panamax rates climbed further.The overall index…

Diana Shipping Wins TC Contract from Ausca

Jan 22, 2018

Diana Shipping , a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Ausca Shipping Limited, Hong Kong…

DP World, India’s NIIF to Create USD 3 bln Investment Platform

Jan 22, 2018

The National Investment and Infrastructure Fund (NIIF), India’s first sovereign wealth fund, and Dubai-based ports operator DP World have announced the creation of an investment platform to invest up to $3 billion in ports, terminals, transportation and logistics businesses in India…

PPA Presents Proposals for Piraeus Port Master Plan

Jan 22, 2018

The Piraeus Port Authority (PPA) has presented its proposals for the master plan for the development of Greece's largest port of Piraeus under “Master Plan of the Port of Piraeus'. The compilation of the Master Plan for the development…

'K' Line takes Delivery of 14,000-TEU Containership

Jan 22, 2018

Kawasaki Kisen Kaisha, Ltd., Tokyo, (“K” Line) has taken delivery a new 14,000-TEU containership, Milano Bridge, built at Hiroshima Shipyard of Imabari Shipbuilding Co., Ltd, Japan and handed over on January 18, 2018. This new ultra-large…

Georgia Ports Surpass 4 Mln TEUs

Jan 22, 2018

The Port of Savannah handled more than 4 million twenty-foot equivalent container units in 2017 - an increase of 11 percent and the port's highest annual volume ever. 'This is the first time we've handled more than 4 million TEUs in a 12-month period…

Ocean Network Express Completes Merger Approvals

Jan 18, 2018

South Africa’s competition watchdog becomes final signatory allowing Kawasaki Kisen Kaisha (K Line), Mitsui O.S.K. Lines (MOL ),  Nippon Yusen Kabushiki Kaisha (NYK ) merger, so that Joint venture (JV) can start operations on April 1. 'K Line…

G2 Ocean Names Wallem

Jan 18, 2018

Wallem Ship Agency has been appointed by G2 Ocean to provide Ship Agency services to all their vessels calling in ports in SE Asia. The agreement has been made with Wallem Ship Agency in Singapore, Malaysia, Thailand, Philippines, Vietnam, and Myanmar…

EU Ports Stress on Open Investment Environment

Jan 18, 2018

European Commission published a Proposal for a Regulation establishing a framework for screening of foreign direct investments into the European Union and a Communication entitled “Welcoming foreign direct Investment while Protecting Essential Interests” on 13 September 2017…

GOGL Acquires New Vessel

Jan 18, 2018

Norway based dry bulk shipping company Golden Ocean Group Limited (GOGL) has  taken delivery of the second vessel, Sea Monterrey (to be renamed Golden Monterrey).  On October 16, 2017 GOGL announced that it has entered into agreements to…

Hawai‘i Breaks Ground for Kapalama Box Terminal

Jan 18, 2018

Hawai‘i Gov. David Ige and the Hawai‘i Department of Transportation (HDOT) Harbors Division broke ground for the Kapālama Container Terminal project, the largest capital improvement project in the history of the state’s commercial harbor system…

Seaway Shipping Unveils 2018 Government Wish List

Jan 18, 2018

Chamber of Marine Commerce President Bruce Burrows today unveiled a 2018 wish list for legislative and policy makers to build on the economic momentum of Great Lakes-St. Lawrence and coastal shipping in Canada and the U.S.“2017 was a year…

Hapag-Lloyd: Shipping Demand Up, More Mergers in 2018

Jan 18, 2018

German shipping group Hapag-Lloyd sees demand for transport growing 4 percent in 2018 and expects more shipping firms to merge in the year, the chief executive said. CEO Chief Executive Rolf Habben Jansen also said Hapag-Lloyd, which merged with its Arab peer UASC…

Logistics News

Port of Oakland Moves 174,239 TEUs in November as Exports Increase

Port of Oakland Moves 174,239 TEUs in November as Exports Increase

CMA CGM Vessels Navigate the Suez Canal, Hinting at Easing Tensions

CMA CGM Vessels Navigate the Suez Canal, Hinting at Easing Tensions

Oil Loading in Venezuela Crawls After New US Interceptions

Oil Loading in Venezuela Crawls After New US Interceptions

FMC Investigates Spain’s Restrictive Port Practices

FMC Investigates Spain’s Restrictive Port Practices

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