Logistics News

 

Shipping’s Recovery May Not Lift Seafarer Wage Costs

Sep 04, 2017

Despite a recovery in cargo shipping markets, ship manning costs will remain suppressed as shipowners and operators continue to be financially challenged and the officer shortfall recedes, according to the latest Manning report published by global shipping consultancy Drewry…

Ecuador, DP World Begin USD 1bln Port Construction

Sep 03, 2017

The President of Ecuador Lenín Moreno and DP World Group Chairman and CEO, Sultan Ahmed Bin Sulayem today performed a ground-breaking ceremony to mark the start of construction of the greenfield multi-purpose port project at Posorja, Ecuador…

New Container Scanner System for Colombo Port

Sep 01, 2017

A new container scanner system has been introduced to the Colombo Port. The installation ceremony was launched by the Finance Minister Mangala Samaraweera and Custom officials. According to the newest initiative four portals of Eagle P60…

Largest Ship to Visit US East Coast Calls Savannah

Sep 01, 2017

The largest containership ever to serve the U.S. East Coast, the 14,414 TEU CMA CGM Theodore Roosevelt, called the Port of Savannah on Friday. Working the vessel with seven cranes at the 1,200-acre Garden City Terminal, the Port of Savannah is expected to move 4…

China Ramps up Role in Brazilian Transport Infrastructure

Sep 01, 2017

Chinese companies signed commitments on Friday to finance and build railways and ports that will help Brazil export iron ore and soybeans, the two main commodities it sells to China, during a state visit by Brazilian President Michel Temer. China…

Brazil Soy Exports Hit All-time High in August

Sep 01, 2017

Brazilian soy exports hit an all-time high for the month of August, an industry association said, as many farmers resumed sales after delaying shipments in hopes of securing better prices amid a bumper 2016/17 crop. According to cereals exporter association Anec…

New RoRo Training Simulator at Port Newark Auto Terminal

Sep 01, 2017

Ports America said its Port Newark Auto Terminal (PNAT) has elevated its operational training programs with the purchase of a mobile ro-ro operations labor training simulator, which prepares drivers for a variety of ro-ro vessel scenarios involved…

Columbia, Marlow Receive Regulatory Approval for Merger

Sep 01, 2017

Columbia Shipmanagement and Marlow Navigation announced confirmation of regulatory approval allowing their previously reported intended merger to proceed. The merger brings together two of the shipping industry’s privately owned shipmanagement companies…

Corpus Christi Ship Channel Reopened

Sep 01, 2017

The Corpus Christi Ship Channel is open to restricted operations following a record six-day closure caused by Hurricane Harvey. Harvey has left many Gulf Coast petroleum refining centers either completely shut down or with operations significantly scaled back…

CMA CGM Deploys Theodore Roosevelt on SAX

Aug 31, 2017

The CMA CGM Theodore Roosevelt will be deployed on the South Atlantic Express (SAX) line, linking Asia East Cost to North America Cost through the Panama Canal, says a statement from the company. With transit times among the fastest in the market between Asia and North…

YRC: Limited Operations Resume at Houston Terminal

Aug 31, 2017

YRC Worldwide Inc said on Thursday it resumed limited operations at its terminal in Houston, Texas. YRC Freight, a subsidiary of YRC Worldwide Inc, said on Wednesday it had closed terminals in Beaumont, Corpus Christi, and Houston, Texas due to Tropical Storm Harvey…

UPS Resumes Operations in Some Parts of Storm-battered Texas

Aug 31, 2017

United Parcel Service Inc said on Thursday it resumed operations in Austin and some parts of Corpus Christi, Texas, that were halted due to Hurricane Harvey, though operations remained closed in the storm-battered Houston area.The company…

Shipping Beware Changing Risk Landscape -Moore Stephens

Aug 31, 2017

Effective management of risk within the industry has improved slightly over the past 12 months, according to the third annual Shipping Risk Survey from international accountant and shipping adviser Moore Stephens. But shipping still needs to up its game in terms of managing its exposure to risk…

Pilot Program Sees Success for Blockchain in Logistics

Aug 30, 2017

A pilot program delivered by logistics technology company Marine Transport International (MTI) demonstrates that the logistics industry will see improved connectivity, efficiency and security thanks to blockchain. MTI, in conjunction with Agility Sciences…

Baltic Index Falls on Weaker Vessel Demand

Aug 30, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell on Wednesday due to weaker demand for larger vessels.The overall index — which factors in rates for capesize, panamax, supramax and handysize shipping vessels — was down 22 points…

Logistics News

ICTSI to Operate Durban Container Terminal Pier 2

ICTSI to Operate Durban Container Terminal Pier 2

Celebrity Edge Makes Maiden Call to Newcastle, Australia

Celebrity Edge Makes Maiden Call to Newcastle, Australia

Ukraine Says Russian Drone Attack Hit Civilian Vessel

Ukraine Says Russian Drone Attack Hit Civilian Vessel

Bulk Carrier on Fire After Russian Attack

Bulk Carrier on Fire After Russian Attack

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