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Concordia Maritime Supports Mercy Ships Cargo Day

Oct 05, 2017

Mercy Ships Cargo Day is being held for the second year and Concordia Maritime is one of the companies supporting the activities on board Mercy Ships’ hospital ship. Participants can either donate part of their commission this day or choose a sum of money they want to donate…

Hapag Lloyd Receives Innovation in Safety Award

Oct 05, 2017

The TT Club Innovation in Safety Award is now in its second year and the winner was announced at ICHCA’s 65th Anniversary Conference in Las Palmas this week.   The Award is aimed at identifying innovative developments that engender greater safety and efficiency in the intermodal supply chain…

World Direct Shipping to Double Port Manatee Service

Oct 05, 2017

Ocean carrier World Direct Shipping is doubling its service across the Gulf of Mexico between the state of Veracruz and Central Florida’s Port Manatee.           World Direct Shipping has announced plans to add a weekly sailing to Port Manatee from the Port of Tuxpan…

BahriBunge Dry Bulk Office Inaugurated in Dubai

Oct 05, 2017

Following the announcement of the joint venture agreement by Bahri, a leader in transportation and logistics, and Koninklijke Bunge B.V. (“Bunge”), a wholly-owned subsidiary of Bunge Limited, a agribusiness and food company, the two companies…

Cabinet Approves Renaming of Kandla Port

Oct 04, 2017

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its ex-post facto approval to the renaming of Kandla Port as Deendayal Port.  Ports in India are generally named after the city or town in which these are situated…

Concordia Maritime Supports Mercy Ships Cargo Day

Oct 04, 2017

Mercy Ships Cargo Day is being held for the second year, and Concordia Maritime is one of the companies supporting the activities on board Mercy Ships’ hospital ship. The participants can either donate part of their commission this day or choose a sum of money they want to donate…

Two Ports in Gabon Delivered in Record Time

Oct 04, 2017

After just 60 days and 18 months of construction, the GSEZ Mineral port and New International Port of Owendo in Gabon, Africa, are fully operational and contributing to improve transport connections in the area.   Engineering and project…

Copenhagen’s New Cruise Terminal Green-lighted

Oct 04, 2017

A new cruise terminal will be built in Copenhagen, having received the go-ahead from the Board of Copenhagen Malmö Port (CMP). CMP has responded to rising demand and has assessed that current facilities need to be augmented with another terminal building…

Foss Joins FEMA's Hurricane Relief Operations

Oct 04, 2017

Foss Maritime Company said it has contracted with the U.S. Department of Homeland Security's Federal Emergency Management Agency (FEMA) to support the relief and rebuilding efforts in Puerto Rico and the U.S. Virgin Islands following Hurricane Irma and Hurricane Maria…

Vitol Returns for $8 Bln Loan Refinancing

Oct 04, 2017

Geneva-headquartered energy and commodities trader Vitol has signed an US$8bn loan refinancing of credit facilities agreed in October 2016, the company announced on Wednesday. The revolving credit facility, which is used for working capital and general corporate purposes…

Prolonged Dip in Coal Imports Could Hurt Port Players: ICRA

Oct 04, 2017

The volume growth at major ports was low at 3 percent during the first five months of current fiscal, FY2018 as coal volumes recorded 12 percent decline during the period, even as iron ore volumes grew 29 percent.According to K. Ravichandran…

BaltNav to Handle Part of Pioneer Marine's Fleet

Oct 03, 2017

Pioneer Marine, a leading shipowner and global drybulk handysize transportation service provider enters into cooperation with BaltNav A/S, Copenhagen. The owner of 16 handy size bulk carriers commenced as of October 3rd, a cooperation with the Danish operator BaltNav…

Diana Shipping TC Contract for Crystalia With Glencore

Oct 03, 2017

Diana Shipping  announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Glencore Agriculture B.V., Rotterdam, for one of its Ice Class Panamax dry bulk vessels, the m/v Crystalia.  The gross charter rate is US$11…

Buckeye Partners Resumes Operation in Puerto Rico

Oct 03, 2017

Buckeye Partners has resumed full operations at its oil terminal and storage tanks in Puerto Rico two weeks after it closed the facility ahead of Hurricane Maria, the company said on Tuesday.'Buckeye has safely resumed full service of its marine…

CMA CGM to Acquire SOFRANA Unilines

Oct 02, 2017

CMA CGM announced it will purchase through its subsidiary, ANL, the majority of the shares in SOFRANA Unilines, a key player in the Pacific Islands regional maritime trade. With operations in the South Pacific region for almost 50 years…

Logistics News

Hapag-Lloyd, CMA CGM Suspend Cuba Bookings After US Executive Order

Hapag-Lloyd, CMA CGM Suspend Cuba Bookings After US Executive Order

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

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Hapag-Lloyd and CMA CGM shippers suspend Cuba bookings following US executive order
FAA reduces target for air traffic controller staffing
The rising cost of diesel fuel from the Iran war is straining US school budgets