Logistics News

 

Philippines-Indonesia Shipping Route Soon

Feb 12, 2017

The Department of Transportation (DOTr) announced plans to open a shorter shipping route between the Philippines and Indonesia, a move meant to strengthen trade relations between the two neighboring countries, reported  Manila Times. The…

Maersk Expects Healthier 2017 for Shippers

Feb 11, 2017

Bloomberg quoted Robbert van Trooijen, APAC CEO of Maersk Line, saying that the current year (2017) will be more profitable than the last.  Post-Hanjin, ocean freight customers now stressing stability and avoiding risk to supply chains…

IANA Introduces Resource Center

Feb 11, 2017

The Intermodal Association of North America has created a resource center, available on its website, to provide a wide range of information for prospective intermodal users and those who are new to the industry.The Intermodal Freight Resource Center offers educational tools…

Peterson to Develop New Port Cameron

Feb 11, 2017

International energy logistics provider Peterson is to partner with Port Cameron in Louisiana to develop a deepwater staging port and supply base facility serving the Gulf of Mexico. Peterson has signed a teaming partnership agreement with…

Diana Shipping Extends SwissMarine Charter

Feb 10, 2017

Diana Shipping , through a separate wholly-owned subsidiary, has agreed to extend the present time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v Aliki. The global shipping company…

CMA CGM Improves India Middle East – East Africa Links

Feb 10, 2017

In line with operational excellence and operating cost discipline, CMA CGM Group wishes to share with you the changes concerning our 2 direct weekly services connecting India Middle East Gulf to East Africa strategic markets Starting February 20th…

Winter Weather Delays Grain Movement to US Ports

Feb 10, 2017

Severe winter weather has slowed rail deliveries of crops to shippers in the U.S. Pacific Northwest, sending freight rates soaring and prompting Asian buyers to seek fill-in loads as they wait for the backlog at ports to clear. Blizzards…

Port of Indiana-Jeffersonville Handles 2.2 Mln Tons in 2016

Feb 10, 2017

More than 2.2 million tons of cargo were handled by the Port of Indiana-Jeffersonville in 2016, completing the highest three-year total in the port's history. Over 7.4 million tons have been handled at the port since 2014.  The 2016 total…

Nyheim, Wang Join Wilhelmsen as Vice Presidents

Feb 10, 2017

As part of reshaping the executive team, the Wilhelmsen group adds two senior vice presidents to its group management team. Mr Erik Nyheim will be responsible for Wilhelmsen’s investments in ships service (marine products and agency), safety products and solutions (Survitec)…

Wilhelmsen Reports Positive Results

Feb 09, 2017

2016 ended for Wilh. Wilhelmsen with an improvement in transported volumes, which had a positive effect on total income for the fourth quarter. Adjusted for non-recurring items, WWASA also recorded an uplift in operating profit. Rate pressure continues…

New Owners, New Equipment at Ohio River Terminal

Feb 09, 2017

Already long established as one of the Ohio River’s premier port terminals, new ownership brought new equipment opportunities for the busy River Road Terminal in the transportation hub of Louisville. Within weeks of Watco Terminal and Port…

Navigational Changes Needed at Port of Hamburg

Feb 09, 2017

“The Federal Administrative Court in Leipzig has expressly underlined the necessity for the adjustment of the navigation channel with its decision today,” says Jens Meier CEO of Hamburg Port Authority commenting on the judgement of the Federal…

US Imports Growing in First Half of 2017

Feb 09, 2017

Imports at the nation’s major retail container ports are expected to increase 4.6 percent during the first half of 2017 over the same period last year as the nation’s economy improves and retail sales continue to grow, according to the monthly…

Trump, Trudeau to Discuss Trade on Monday

Feb 09, 2017

President Donald Trump will host Canadian Prime Minister Justin Trudeau on Monday, the White House said on Thursday, a meeting in which trade and a major crude oil pipeline are likely to be on the agenda. The meeting will be the first for the two men since Trump won last November's election…

Xeneta Raises $12mln in a Series B Round from London-based Smedvig Capital

Feb 09, 2017

Xeneta, an ocean freight benchmarking and market intelligence software platform, has raised $12 million in a Series B investment round led by London-based Smedvig Capital. Existing investors including Creandum and Alliance Venture also participated in the round…

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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Syria and DP World sign $800 million port development deal
China is now the top buyer of Canadian crude oil on Trans Mountain pipeline due to US trade war
Sources say that Black Sea CPC blend oil exports decreased to 1.6 millions bpd during April.