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Kiel Port Prize Goes to Grage of SCA Logistics

Sep 15, 2017

The 2017 annual Port of Kiel Prize has been awarded to Jörn Grage, Managing Director of SCA Logistics GmbH.  The award was presented on Thursday evening, September 14th, by Dr Dirk Claus, Managing Director of the PORT OF KIEL (SEEHAFEN KIEL GmbH & Co…

Baltic Index Near Fresh 3-year High

Sep 14, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, touched a fresh near three-year high on Thursday, supported by firmer rates across vessel segments.The overall index — which factors in rates for capesize…

THE Alliance Sets $50 Mln Insolvency Contingency Fund

Sep 14, 2017

Remarks from Federal Maritime Commissioner William P. Doyle at the FTR Transportation Conference 2017, Indianapolis, Ind.  On September 13, 2017, I voted to expedite the Commission’s decision and support THE Alliance’s amendment authorizing…

Port of LA Registers Record-Breaking August

Sep 13, 2017

August container volumes at the Untied States’ busiest port climbed by 6.1 percent compared to August 2016 volumes. 847,857 Twenty-Foot Equivalent Units (TEUs) came through the Port of Los Angeles, marking the busiest August and the second-busiest month in the port’s 110-year history…

Port of Saldanha’s New LPG Terminal Launched

Sep 13, 2017

A new open-access liquefied petroleum gas (LPG) plant has been opened at the Port of Saldanha on the West Coast of South Africa and will aid in increasing LPG's use in the national energy mix. Transnet National Ports Authority (TNPA) awarded…

Baltic Index Edges Lower on Weaker Capesize Rates

Sep 13, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, slipped on Wednesday as rates for capesize vessels fell.The overall index, which factors in rates for capesize, panamax, supramax and handysize shipping vessels…

Heavy Transport through Romania

Sep 13, 2017

Rontransmar, a Romanian specialist transport company, currently has over 35 axle lines of the proven SCHEUERLE InterCombi in use. The latest assignment involved the transport of a 230 t transformer and demonstrated just how reliable the vehicles…

DryShips Commences 5 Year TC for Second VLGC

Sep 12, 2017

DryShips, a diversified owner of ocean going cargo vessels, announced today that, its second Very Large Gas Carrier commenced its time charter on a fixed rate with five years firm duration to an oil major.  The charterer has options to extend the firm employment period by up to three years…

Port Canaveral Resumes Operations

Sep 12, 2017

As of 12 noon today, the U.S. Coast Guard Captain of the Port (COTP) approved restricted commercial vessel transit through Port Canaveral to allow the port to support the arrival of critical fuel supplies destined for Florida consumers, and…

New Orleans' Big Plans Showing Dividends

Sep 12, 2017

A Container-on-Barge service intended to be an integral part of the regional intermodal equation is gathering momentum – and customers.  Quietly, the Port of New Orleans (NOLA) has marked some important accomplishments in the past two years…

Great Lakes Limestone Trade Rose in August

Sep 12, 2017

Shipments of limestone on the Great Lakes totaled 3,991,471 tons in August, an increase of 18.6 percent compared to a year ago, the Lake Carriers’ Association (LCA) reported.  August’s loadings were also nearly 12 percent ahead of the month’s five-year average…

Hoegh Autoliners Denies Price-fixing Allegations

Sep 12, 2017

Norwegian shipping firm Hoegh Autoliners denied on Tuesday allegations made by South Africa that it and Japanese rival Mitsui O.S.K Lines had colluded to fix transport tariffs to and from South Africa.Hoegh Autoliners specializes in transporting cars…

Cyber Attacks Threaten Shipping & Dominate Maritime News

Sep 12, 2017

The maritime industry must redouble its efforts to secure IT systems and data. In June, Maersk Line A/S’s information systems were severely disrupted by the so-called Petya virus. FMC provided Maersk with relief to help them get through the difficult situation…

OOIL Signs the United Nations Global Compact

Sep 11, 2017

Orient Overseas (International) Limited (OOIL), a company with principal business activities in container transport (OOCL) and logistics services (OOCL Logistics), is delighted to announce its joining of the United Nations Global Compact (UNGC)…

GSL Extends TC with CMA CGM

Sep 11, 2017

Global Ship Lease, Inc., a containership charter owner,  has announced that it has signed time charter extensions with CMA CGM for two 2,207 TEU containerships, the 2002-built Julie Delmas and the 2003-built Delmas Keta.  The vessels will…

Logistics News

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

Russian Oil Producers Threaten Force Majeure Over Baltic Port Attacks

BIMCO: 130 Container Ships Stranded in Persian Gulf

BIMCO: 130 Container Ships Stranded in Persian Gulf

Hapag-Lloyd Earnings Down from Last Year

Hapag-Lloyd Earnings Down from Last Year

Transneft Looks to Redirect Oil From Attacked Baltic Ports

Transneft Looks to Redirect Oil From Attacked Baltic Ports

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