Logistics News

 

GAC Sweden Oversees Arrival of Stockholm’s Golden Bridge

Mar 31, 2020

GAC Sweden has managed the safe arrival of a 143 meter long golden bridge (“Guldbron”) that will connect Stockholm’s Gamla Stan island with Södermalm on the mainland has safely completed its voyage from China. The bridge is a major feature in the City of Stockholm’s redevelopment of Slussen…

Contracted Rates to Fall Long-term Due to Conoravirus -Xeneta

Mar 31, 2020

The container shipping segment appears to have caught coronavirus, with the industry suffering its first monthly fall in long-term contracted ocean freight rates since October 2019. According to the latest XSI Public Indices report from Xeneta…

Coffee Importers Stockpiling on Fears over Coronavirus Lockdowns

Mar 30, 2020

Coffee importers in some of the largest consuming countries are stockpiling, bringing forward orders by up to a month to avoid shortages if supply chains are disrupted by coronavirus lockdowns.The global pandemic has prompted governments around…

APM Terminals Pipavav Operational During COVID-19

Mar 26, 2020

APM Terminals Pipavav said operations continue at the Indian port in the wake of the COVID-19 outbreak.The port operator said it has adopted stringent measures in line with the guidelines of the Directorate General of Shipping (DGS) and local…

More Bad News for Bulkers, as South African Ports Close for Mineral Exports

Mar 26, 2020

South Africa's main export terminals will be closed to mineral exports from midnight on Thursday when a nationwide 21-day lockdown over coronavirus begins, disrupting copper supply chains linking major producer Zambia to Asian consumers.Miners…

CMA CGM Launches Priority Cargo Service

Mar 25, 2020

The CMA CGM Group has launched SEAPRIORITY Go, a  new solution that offers priority boarding for goods during the loading process.SEAPRIORITY Go provides customers exclusive treatment: their goods will be given priority whether it be for container allocation or loading on board…

Port of Savannah up 17% in February

Mar 23, 2020

The Port of Savannah achieved its busiest February ever last month, handling 364,405 twenty-foot equivalent container units, an increase of 17% over the same month last year, the Georgia Ports Authority said. Griff Lynch, executive director of the Georgia Ports Authority…

Port of Hamburg Says Containers Are In Good Supply

Mar 23, 2020

The Port of Hamburg, responding to reports of bottlenecks in the supply of empty containers, conducted a flash poll this week asking shipping lines about the current situation and found that shipping lines see no appreciable scarcity of equipment in Hamburg and other German seaports…

Western Supply Chains Buckle as Coronavirus Lockdowns Spread

Mar 23, 2020

Freight carriers are struggling to deliver goods by land, sea or air as the coronavirus pandemic forces Western governments to impose lockdowns, threatening supplies of vital products including medicines into the most affected areas, such as Italy…

Viking Continues Operations on Main Freight Lines

Mar 23, 2020

Finnish cruise ferry operator Viking Line announced Monday it will continue service on its 'most important' routes despite concerns about the coronavirus outbreak.'Taking the security of supply for Finland and Åland as well as the cargo transport demands into consideration…

No April Fool; Brexit Ready

Mar 23, 2020

Charles Hammond, chief executive of Forth Ports, owner of the Port of Tilbury, writes about a new British port coming to market.Coronavirus has slowed down world trade and interfered with the EU-UK trade talks, and the ripples continue to be felt through the world economy…

Baltic Index Posts First Loss in 6 Weeks

Mar 20, 2020

The Baltic Exchange's main sea freight index fell on Friday, posting its first weekly fall in six weeks, weighed by lower panamax and supramax vessel rates.The Baltic index, which tracks rates for capesize, panamax and supramax vessels that ferry dry bulk commodities…

China's Reefer Situation Improving

Mar 20, 2020

Chinese port workers have made progress to move a logjam of refrigerated containers that has disrupted supplies of fresh and frozen food and pushed up freight rates outside China amid the coronavirus outbreakFrench container carrier CMA CGM…

Container Shipping Firms Brace for Coronavirus Hit

Mar 20, 2020

Leading container shipping firm A.P. Moller-Maersk scrapped its 2020 earnings forecast on Friday, while rival Hapag-Lloyd warned of slowing growth until at least June, as the coronavirus pandemic takes a heavy toll on global tradeThe container shipping industry…

Israel's Biggest Seaport Operating Fully

Mar 19, 2020

TEL AVIV - Israel's largest seaport in the southern city of Ashdod is fully operational, with containers being unloaded at a similar pace to a year ago despite the global outbreak of coronavirus, the port's chairwoman said.Some 97% of cargo to Israel…

Logistics News

Tanker Vessel Market Bends Under Supply and Demand Strains

Tanker Vessel Market Bends Under Supply and Demand Strains

Port Milwaukee to Break Ground on South Shore Cruise Dock

Port Milwaukee to Break Ground on South Shore Cruise Dock

Trump Tariffs Reroute Brazilian Beef to Mexico

Trump Tariffs Reroute Brazilian Beef to Mexico

Baltic Index Up for Third Straight Session

Baltic Index Up for Third Straight Session

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