marine link image

Logistics News

 

ZEABORN Buys Five Heavy-lift Cargo Ships

Aug 08, 2017

On July 31, 2017, the ZEABORN Group signed the contracts for the purchase of five 30,000dwt Superflex Heavy Lift vessels, all of which are sister ships of the previously acquired Rickmers Hamburg, and are employed in the Rickmers-Line liner service acquired by ZEABORN in April…

Port Manatee Sets Container Volume Record

Aug 08, 2017

Port Manatee’s container volume for the first 10 months of its current fiscal year has already reached a full-year record.During the 10-month period from Oct. 1, 2016, through July 31, 2017, Port Manatee saw moves of 32,907 twenty-foot-equivalent…

New Floating Dock Heads to Klaipeda

Aug 08, 2017

The world's largest heavy transport vessel Dockwise Vanguard is transporting a new floating dock from Montenegro to Lithuania. The floating dock was acquired in June 2016 and began its journey to Klaipeda, where it will be installed at the Western Shipyard owned by BLRT Grupp…

Baltic Index Hits Over Three-month High

Aug 08, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to its highest level in more than three months on Tuesday, supported by firmer rates for larger vessels.The overall index, which factors in rates for capesize…

Hapag-Lloyd Doubles Reefer Cargo Share in Turkey

Aug 08, 2017

Following the merger between container carriers Hapag-Lloyd and UASC, Hapag-Lloyd Turkey has grown to now carry almost 500,000 TEU per year. One area in particular that is poised for growth is refrigerated cargo segment. After the integration of UASC…

Navios Maritime Completes Acquisition of 14 Container Vessels

Aug 07, 2017

The Marshall Islands-based shipping company Navios Maritime Containers has closed the acquisition of the remaining four container vessels and as a result has completed the acquisition of the entire 14 container vessels fleet. Navios Containers…

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…

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

Subscribe for Maritime Logistics Professional E‑News

Bloomberg News reports that Saudi pipeline bypasses Hormuz and pumps 7 million barrels per day of oil.
Kuwait airport damaged by drones. Radar system damaged. No casualties reported
Bickert, Meta's former content policy chief and now Harvard professor, will be teaching at Harvard.