Logistics News

 

Expanded Panama Canal Welcomes 1000th Neopanamax Vessel

Mar 20, 2017

Less than nine months after the historic inauguration of the Expanded Canal, the Panama Canal has announced that it has welcomed its 1,000th Neopanamax vessel through the waterway, highlighting the importance of the route and customers’ continued faith in the safe…

Dubai Mulls Maritime Clusters

Mar 19, 2017

The Dubai Maritime City Authority (DMCA) recently brought together the high-level representatives of key Dubai maritime associations at its headquarters to engage industry leaders in insightful discussions according to the Dubai Maritime Sector…

India Upgrades Standards of Major Ports

Mar 17, 2017

Significant improvement in efficiency has been achieved by India's Major Ports in the last two years, said the Minister of State for Shipping Pon. Radhakrishnan. With a view to improve further the efficiency and productivity of the major ports and make it comparable internationally…

TEN Strengthens Vessel Base

Mar 17, 2017

Tsakos Energy Navigation (TEN)'s growth has continued unabated in 2017 with the delivery of one VLCC, the Hercules I, one aframax tanker the Marathon TS and the shuttle tanker Lisboa, currently all under long-term employment to solid counterparties…

OP/Ed: Trump, Congress Must Commit to Funding TIGER

Mar 17, 2017

Coalition for America’s Gateways and Trade Corridors executive director Elaine Nessle comments on the U.S. Department of Transportation’s funding under President Trump’s Fiscal Year 2018 Budget Blueprint. The Coalition for America’s Gateways…

Bahri Meets with Saudi Arabia’s Ambassador to the US

Mar 17, 2017

Bahri’s CEO meets HRH Prince Abdullah bin Faisal bin Turki bin Abdullah Al Saud at the high-level gathering in the Royal Embassy of Saudi Arabia in Washington, D.C. A senior-level Bahri delegation met with His Royal Highness Prince Abdullah bin Faisal bin Turki bin Abdullah Al Saud…

Strong Capesize Rates Keep Baltic Index at over 3-month High

Mar 17, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose to a fresh over three-month peak on Friday as capezise rates rallied. The overall index, which factors in rates for capesize, panamax…

Hapag-Lloyd Postpones UASC Takeover

Mar 17, 2017

German container shipper Hapag-Lloyd on Friday postponed the completion date for its takeover of United Arab Shipping Company (UASC) to May 31 from March 31, but said the deal, worth 7 to 8 billion euros ($7.52-8.60 billion), was not at risk…

essDOCS Acquires eCertify

Mar 17, 2017

essDOCS extends its paperless trade offering, team and global reach with the acquisition of eCertify, the provider of electronic Certificates of Origin. essDOCS said it has acquired eCertify Pty Ltd, inventor of the electronic Certificate of Origin (eCO)…

India to Develop Inland Waterways in Assam

Mar 16, 2017

River Brahmaputra from Dhubri to Sadiya was declared as National Waterway-2 (NW-2) in 1988. A Detailed Project Report (DPR) for NW-2 was prepared by the Howe Engineering Project (India), Central Water and Power Research Station (CWPRS) and…

Queen Mary 2 to Host Shanghai Trade Mission

Mar 16, 2017

Maritime U.K. and the Department of International Trade (DIT) will lead a three-day trade mission to Shanghai at the end of March to promote the U.K. as a center for global maritime business. Attended by senior industry and government leaders from both countries…

ISS, Maersk Line Expands Coverage in Papua New Guinea

Mar 16, 2017

Inchcape Shipping Services (ISS), a maritime and logistics service provider, and Maersk Line has expanded their coverage in Papua New Guinea by adding new ports of call in Madang and Wewak. Both ports complement the existing coverage provided at Port Moresby and Lae…

Mega 20,150 TEU Containership Named MOL Triumph

Mar 16, 2017

A new 20,150 TEU containership has captured the “world’s largest” title: MOL Triumph, the first in a series of new mega containerships for Japan’s Mitsui O.S.K. Lines, Ltd., (MOL) was named at Samsung Heavy Industries, Ltd.’s (SHI) Geoje, South Korea shipyard…

SC Ports Container Volume Rise 9%

Mar 15, 2017

South Carolina Ports Authority reported nearly nine percent fiscal year-over-year container volume growth through February.  SCPA's total fiscal year-to-date container volume reached nearly 1.4 million TEUs last month, compared to 1.3 million TEUs handled during the same period last year…

Fleet Management Selects Inmarsat's Fleet Xpress

Mar 15, 2017

Inmarsat’s Fleet Xpress, which delivers maritime connectivity, has been specified by Hong Kong-based Fleet Management Limited, one of global shipping’s largest independent third-party ship managers. Fleet Management Limited (FML), which…

Logistics News

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

DFDS Reaches 10,000 Sailings in Türkiye

DFDS Reaches 10,000 Sailings in Türkiye

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