Logistics News

 

Allard Castelein Reappointed as CEO of Rotterdam Port

Nov 26, 2017

Allard Castelein is reappointed as Port of Rotterdam Authority CEO. He will be serving a second four-year term as CEO of the Port of Rotterdam Authority.  Castelein (59) was reappointed by the Municipality of Rotterdam and the Dutch State…

CMA CGM Appoints Rodolphe Saade as Chairman

Nov 24, 2017

Jacques Saadé, founder of the shipping company CMA CGM Group, now the world's third largest container company, has resigned as president. His son Rodolphe Saadé becomes CEO of a group. 'In accordance with the wish of Jacques Saadé and after…

Diana Shipping New TC Contract with SwissMarine

Nov 24, 2017

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 SwissMarine Services S.A., Geneva…

Page Named CEO of Hutchison Ports Sweden

Nov 22, 2017

Bob Page is the sailing Englishman who loves Sweden. Now he is ready for his final major assignment: To ensure that the container terminal at the Stockholm Norvik Port becomes exactly as good as everyone anticipates. In the 1990s Robert “Bob” Page worked with logistics for Volvo in Gothenburg…

French Smart Port in Med

Nov 22, 2017

The members of the Smart Port  steering committee collectively approved a first series of projects that will take advantage of the digital transition to affirm and consolidate the port-based vocation of the Aix-Marseille-Provence urban area…

APM Terminals Opens a New Era for Puerto Quetzal

Nov 22, 2017

APM Terminals Quetzal is transforming Guatemala’s port sector by offering the highest productivity port operations in the country. In less than a year of operations, four new vessel strings have been added to offer the country’s import/export industries more connections to overseas markets…

India to Establish Center of Excellence in Maritime and Ship Building in 2 Cities

Nov 22, 2017

A world class Center of Excellence in Maritime and Ship Building (CEMS) is being set up by Ministry of Shipping in collaboration with  Siemens and Indian Register of Shipping (IRS) under the Ministry’s flagship Sagarmala Program.  CEMS will have  campuses at Vishakhapatnam and Mumbai…

Two Supramaxes Join Wallem’s Managed Fleet

Nov 22, 2017

Wallem Commercial Services said two new Supramax vessels have been added to its commercially-managed fleet. Nitin Mathur, Managing Director of Wallem Group Singapore, said the two new vessels bring the total number of ships under Wallem’s current commercial management to 20.

Hapag-Lloyd Adds Low Carbon Refrigerant Containers from Maersk

Nov 21, 2017

To maintain and expand its container fleet, Hapag-Lloyd, a global container line, has purchased 3,700 Star Cool Integrated containers as part of their recent reefer investments from Maersk Container Industry (MCI).  Of these, 1,000 Star…

ZIM Pilots Blockchain-based Bill-of-lading

Nov 21, 2017

ZIM said it has successfully completed a trial run of paperless bills-of-lading based on blockchain technology. The pilot, performed in cooperation with Sparx Logistics and Wave Ltd., marks a first of its kind project led by an ocean carrier…

Finland's Manga LNG Terminal Gets First Cargo

Nov 20, 2017

The first shipload of liquefied natural gas (LNG) arrival to the LNG import terminal in Tornio, Finland, on Sunday November 19, 2017.  The Manga LNG natural gas import terminal in Röyttä Harbor, Tornio, is a joint venture of the industrial companies Outokumpu and SSAB Europe…

Ship Operating Costs Stabilize: Drewry

Nov 20, 2017

The cost of operating cargo ships rose marginally in 2017 following two consecutive years of falls, but ship owners should prepare for higher costs led by a spike in insurance premiums, according to the latest Ship Operating Costs Annual Review…

Optimarin Offering 5-year Parts and Service Guarantee

Nov 20, 2017

Norwegian-headquartered ballast water treatment (BWT) specialist Optimarin said it has become the first manufacturer to offer a five-year parts and servicing guarantee. It’s a move that, according to CEO Tore Andersen, has the potential to redefine…

GPA Approves Savannah Port Expansion

Nov 19, 2017

The Georgia Ports Authority (GPA) has approved the rail and gate expansion projects that will significantly boost capacity at the Port of Savannah’s Garden City Terminal - North America’s biggest container terminal. “A strong Southeast U…

Boston Carriers Completes Contract of MV Nikiforos

Nov 17, 2017

Boston Carriers announces that on October 2017, Nikiforos completed a spot voyage contract to transport approximately 33,000 tons of dry bulk cargo from South America to the Middle East.  The contract contributed approximately 1,283,000 USD in the revenues of the Company…

Logistics News

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

Container Shipping Rates Plunge in Step with U.S. Demand for China Goods

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

World’s First Ship-to-Ship LCO₂ Transfer Completed in Shanghai

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

Gulf Shipping Costs Fall After Israel-Iran Ceasefire

US Goods Trade Deficit Increased in May, Exports Declined

US Goods Trade Deficit Increased in May, Exports Declined

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