Logistics News

 

Pile Driving Begins for Tacoma’s Pier 4 Upgrade

Sep 27, 2016

Manson Construction of Seattle has begun driving the first of 1,241 piles to align Pier 4 with an adjacent pier to create one contiguous berth capable of serving two 18,000-TEU container ships within the Port of Tacoma.The upgrade will help the port support larger container cranes and vessels…

SGS China, CargoSmart Offer Joint SOLAS VGM Solutions

Sep 27, 2016

SGS China and CargoSmart Limited have teamed up to provide solutions for shippers to meet the new Safety of Life at Sea Convention’s Verified Gross Mass (SOLAS VGM) container weight requirements. The alliance allows shippers to use solutions…

Yard Improvements at Grand Bahama Shipyard

Sep 27, 2016

Grand Bahama Shipyard Limited (GBSL), a shipyard in the Caribbean, said it had a productive summer program consisting of work on vessels from the tanker, container and towage segments of the maritime industry. Additionally, renovations and upgrades…

Management Changes in Damco

Sep 27, 2016

Klaus Rud Sejling, current Head of East West Trades in Maersk Line, has been appointed CEO of Damco with effect from October 1. Klaus Rud Sejling joined the group in 1997 and has worked in various roles in Maersk Tankers and Maersk Line…

Baltic Exchange Succumbs to Singapore as Shipping Turmoil Deepens

Sep 27, 2016

The crisis in global shipping and a tax exodus by big Greek vessel owners have helped finally seal the fate of London's Baltic Exchange after at least three approaches to buy it over the last six years of its near-three centuries history. Some…

Conley Terminal Sets Boston Cargo Record

Sep 27, 2016

The Port of Boston’s Paul W. Conley Container Terminal set new all-time records for both Fiscal Year 2016 and monthly usage this past August. The Port of Boston is the main artery of Massachusetts’ consumer economy, with imports and exports serving as vital catalysts for growth…

Shipping Confidence on the Rise -Moore Stephens

Sep 26, 2016

Shipping confidence, notably on the part of charterers and managers, improved for the second successive quarter in the three months to end-August 2016, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens…

Caterpillar Vice President Hauer Resigns

Sep 25, 2016

After nearly 20 years with Caterpillar Inc. (NYSE: CAT), Kim Hauer, vice president with responsibility for the Human Services Division (HSD) and Chief Human Resources Officer (CHRO), has elected to leave the company. Hauer has accepted a position…

Port of New Orleans Board Elects Kearney as Chairman

Sep 23, 2016

The Board of Commissioners of the Port of New Orleans has elected Mr. Michael W. Kearney chairman. Mr. Kearney represents Orleans Parish and joined the Board in December of 2012 when he was appointed by former Gov. Bobby Jindal.  He succeeds Mr…

FMC: Update Regarding Commission Briefings on the Status of Hanjin Shipping

Sep 23, 2016

The status of Hanjin Shipping and the disruptions caused by its bankruptcy to the American shipping community, as well as global supply chains, was examined closely by the Federal Maritime Commission during the closed session of the September 20…

India Proposes New MCA for Port Sector

Sep 23, 2016

India's Shipping Ministry on Thursday proposed a new model concession agreement (MCA) to attract more private sector investments in the development of port infrastructure.   The proposed MCA will replace the existing agreement which came into existence in January 2008…

Engelstoft Appointed CEO at APM Terminals

Sep 23, 2016

Morten Engelstoft, currently Chief Executive of A.P. Moller Shipping Services has been appointed APM Terminals CEO effective November 1, 2016. Morten succeeds Kim Fejfer, currently CEO of APM Terminals and Executive Board member in the A.P. Moller-Maersk Group…

Carrix CEO Wins Connie Award

Sep 23, 2016

Knud Stubkjær, CEO of SSA Inc., who has more than 35 years in the ship operation and terminal industry, received the 2016 Connie Award presented by the Containerization & Intermodal Institute (www.containerization.org) in Long Beach, CA, on Tuesday…

Egypt's GASC Receives Four Wheat Offers

Sep 22, 2016

Egypt's state grain buyer GASC received four offers from suppliers at its international wheat purchase tender on Thursday after amending some of the terms, traders said. Earlier suppliers had been holding off on making offers, saying they…

ABTO Warns of Liquefaction Problems at Terminals

Sep 22, 2016

The Association of Bulk Terminal Operators has warned that cargo liquefaction – an issue commonly associated with the seaborne transportation of unprocessed mineral ores and concentrates – is also an issue which bulk terminals need to pay attention to…

Logistics News

Sovcomflot Plunges to $393m Loss in Q1 Amidst Sanctions

Sovcomflot Plunges to $393m Loss in Q1 Amidst Sanctions

BAE Systems Set to Open $250M Shiplift Facility in Florida

BAE Systems Set to Open $250M Shiplift Facility in Florida

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

Ports of Indiana, Port of Antwerp-Bruges Explore Indiana-Belgian Partnership

CK Hutchison Confirms Mediterranean Shipping Company As Main Investor in Ports Deal

CK Hutchison Confirms Mediterranean Shipping Company As Main Investor in Ports Deal

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