Logistics News

 

Fifth Consecutive Record Year for Antwerp

Jan 17, 2018

The port of Antwerp has achieved a record freight volume for the fifth straight year in a row. In 2017 the port handled 223,606,610 tonnes of freight, an increase of 4.4% compared with the previous year.  Practically all sectors turned…

Samskip, DC Extend Brazilian Logistics Offerings

Jan 17, 2018

Samskip Logistics and freight forwarding force DC Logistics Brasil have signed a national representation agreement that creates a new partnership seeking to grow the containerized business in Brazil. The collaborative arrangement establishes…

Santos Port to Suspend Shipments of Live Animals

Jan 17, 2018

The company that operates Latin America’s largest port in the Brazilian city of Santos said on Friday it will suspend shipments of live animals. The company detailed its decision in a letter seen by Reuters that was sent by state-run Companhia Docas do Estado de São Paulo to a congressman…

Finland Concerned over Rise in Russia's Cargo Ship Inspections

Jan 17, 2018

The Finnish government has voiced concern over surprise inspections on Finnish cargo ships visiting Russian ports in recent weeks, saying delays had been a problem for shipping companies. Neighboring Russia carried out seven thorough inspections…

London Gateway Ups Security Measures

Jan 17, 2018

Expanded use of converged security and information management platform will support physical and IT security program at DP World London Gateway. London Gateway, one of the U.K.’s major ports owned and operated by DP World, has implemented…

G E Shipping Sells Supramax

Jan 16, 2018

India’s largest private sector shipping company  Great Eastern Shipping Company Limited (G E Shipping) has contracted to sell its 2003 built Supramax Dry Bulk Carrier Jag Rahul of about 52,364 dwt.  G E Shipping said that the vessel will be delivered to the new buyer in Q4 FY 2017-18…

Global Ship Lease Extends TC with CMA CGM

Jan 16, 2018

Global Ship Lease, a containership charter owner, announced that it has agreed to an extension of its charter with CMA CGM for the GSL Tianjin, a 2005-built, 8,063 TEU containership.  The vessel will be chartered for a period of eight to…

Diana Shipping Enters into TC Contract with Uniper

Jan 16, 2018

Diana Shipping has announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Uniper Global Commodities SE, Düsseldorf, for one of its Post-Panamax dry bulk vessels, the m/v Phaidra.  The gross charter rate is US$12…

Nordic American Tankers Signs TC with Cepsa

Jan 16, 2018

Nordic American Tankers has announced that it entered into an one-year term charter with the major Spanish oil company Cepsa for a ship. The company says  is the 2004 built Nordic Castor is expected to be delivered on the time charter in late February for a contract of up to 15 months…

US Coal Exports Bound for Japan's New Power Plants

Jan 16, 2018

U.S. miner Cloud Peak Energy said on Tuesday it will export coal from a Montana mine for 30 to 40 months to two new power plants in Japan with shipments that could start late next year. The coal from Montana's Spring Creek Mine will be carried…

Capesize Rates Pull Baltic Index to 4-month Low

Jan 16, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, hit a more than four-month low on Tuesday, as capesize rates dropped to their lowest since August last year. The overall index, which factors in rates for capesize…

Maersk, IBM to Launch Blockchain Joint Venture

Jan 16, 2018

The world’s largest container shipping firm A.P. Moller-Maersk is teaming up with IBM to create an industry-wide trading platform it says can speed up trade and save billions of dollars. The global shipping industry has seen little innovation since the container was invented in the 1950s…

Norden Boosts Earnings Expectations

Jan 16, 2018

Danish shipping firm Dampskibsselskabet Norden A/S said its unaudited and preliminary results indicate an adjusted result for 2017 in the range of $20 million to $35 million, up from previous expectations of -$10 to $30 million. Norden…

Port of Rotterdam: 2017 in Review

Jan 15, 2018

Over the past year, 29,646 seagoing vessels entered the port of Rotterdam, up more than 600 from 2016's 29,022.  The number of incidents in the port fell from 159 to 129, and included one ‘serious accident’ involving an inland vessel that went adrift after hitting a groyne with its rudder…

Trans Global Projects Celebrates 30 Years

Jan 15, 2018

International logistics solutions provider Trans Global Projects Ltd (TGP) celebrates its 30th anniversary in 2018.TGP was founded on January 4, 1988 by Julian Clarke, Nick Harsant and Colin Charnock, who is the Group’s managing director…

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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