Logistics News

 

Intermarine’s Grikitis to Receive AOTOS Award

Aug 07, 2017

Project, breakbulk and heavylift cargo transport company Intermarine, LLC announced that its President & CEO, Andre Grikitis, will be awarded with the Admiral of the Ocean Sea by the United Seaman’s Service (USS) at the organization’s 48th annual gala at the Sheraton New York Times Square Hotel…

Workers at Jakarta Port Ends Strike Early

Aug 07, 2017

Workers at one of the operators of Indonesia's busiest ports ended their strike on Monday, sooner than planned, out of consideration for the 'national interests', the chairman of the labour union said. More than 600 workers of PT Jakarta…

NYC’s New Ferries Move a Million Passengers in 86 Days

Aug 07, 2017

In operation for just three months, New York City’s new ferry service has already moved more than a million passengers.  The new ferry service, NYC Ferry, commenced in May, serving Manhattan, Queens and Brooklyn, with a Bronx connection scheduled for next year…

Crowley Launches Florida, Costa Rica, Panama Service

Aug 07, 2017

To better connect customers' U.S. and Central American supply chains, Crowley Liner Services will begin fixed-day, weekly sailings on Wednesday, August 9, directly between Florida and Costa Rica and Panama. The new service offers fast transits to speed cargo to market at peak times…

Baltic Index Rises for Sixth Day Straight

Aug 07, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Monday for the sixth straight session, helped by higher rates for larger vessels.The overall index, which factors in rates for capesize…

Milaha Plans Base in Oman after Trade Hit by Diplomatic Rift

Aug 07, 2017

Qatar Navigation (Milaha), a top Doha-based shipping and logistics group, said it was shifting its regional trans-shipment hub from Dubai to the Omani port of Sohar after a diplomatic crisis in the region disrupted Qatar's trade. Milaha…

Suez Canal, the Fastest Maritime Corridor

Aug 06, 2017

Egypt's Suez Canal has maintained its classification as the most important and fastest maritime shipping corridor despite the economic challenges faced by the world in 2015 and 2016, reported Xinhua quoting head of the Egyptian Suez Canal Authority Mohab Mamish as saying…

New Route for Container Trains in UTLC Services

Aug 06, 2017

In connection with the increased cargo transportation by accelerated container trains en route China/ Europe/ China, UTLC JSC jointly with Belintertrans-Germany LLC, with assistance of the Belorussian Railways Baranovichi Division, is introducing…

South Korea’s 14 Cargo Carriers for Alliance

Aug 04, 2017

South Korea’s 14 container carriers will sign a memorandum of understanding next Tuesday to establish the Korea Shipping Partnership (KSP), the Korea Shipowners’ Association said, reported Pulse News. The move is  to help the nation better…

India’s Major Ports Set for Capacity Augmentation

Aug 04, 2017

Master Plans have been prepared for all the 12 major ports  in India under Sagarmala Programme, and 142 port capacity expansion projects with total cost: Rs. 91,434 Cr (USD 14.25 billion) and capacity of 884 MTPA have been identified for implementation over the next 20 years…

Great Lakes/Seaway Iron Ore Trade Up in July

Aug 04, 2017

The Lake Carriers’ Association (LCA) reported that shipments of iron ore on the Great Lakes and St. Lawrence Seaway totaled 6.4 million tons in July, an increase of 14.7 percent compared to a year ago., yet 2.3 percent below the month’s five-year average…

Navigating the Rough Waters of Misclassification

Aug 04, 2017

Over the last few decades, international trade has exploded, driven in large part by tremendous improvements in efficiency and transportation cost reductions related to the containerization of freight. Reaping success depends on an intricately…

Jakarta Port Strike Hits Biggest Terminal Operator

Aug 04, 2017

More than 600 workers at Jakarta's Tanjung Priok port have gone on strike and could extend the action until Aug. 10, their union said on Friday, disrupting operations at the biggest terminal of Indonesia's busiest port. The labour union…

Novorossiisk Port Resumes Oil Loadings

Aug 04, 2017

Russian pipeline monopoly Transneft said on Friday that oil loadings from the Black Sea port of Novorossiisk had resumed after a storm. Transneft added in a statement, however, that weather conditions at the port remained unstable.(Reporting by Vladimir Soldatkin…

Baltic Index Up for Fifth Straight Day

Aug 04, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose for the fifth day this week, helped by higher rates for larger vessels.The overall index, which factors in rates for capesize, panamax…

Logistics News

US State Department Expresses Concern Over Ban of Israeli Shipments in Spanish Ports, Airspace

US State Department Expresses Concern Over Ban of Israeli Shipments in Spanish Ports, Airspace

ABS AIP for Electric Propulsion Container Ship

ABS AIP for Electric Propulsion Container Ship

US Container Imports Rise in August

US Container Imports Rise in August

Stena Bulk Appoints Seasystems as Exclusive Global Partner for Jettyless LNG Technology

Stena Bulk Appoints Seasystems as Exclusive Global Partner for Jettyless LNG Technology

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