After successfully acquiring a controlling interest in NOL, CMA CGM has consolidated the Singapore-based company since 14 June, says a press release from the company. Singapore’s Neptune Orient Lines (NOL) is the parent company of container carrier APL…
Maersk Line, the world's biggest container shipper and a unit of Danish conglomerate A. P. Moller-Maersk, said on Friday in relation to the collapse of South Korea's Hanjin Shipping Co Ltd: * Maersk Line expects minimal impact on its customers' cargo…
The dry bulk commodity imports into and exports out of China we have seen in the first half of 2016 are very positive – and nothing short of extraordinary. But, putting it into perspective, compared to the devastating freight rate levels over the same period…
U.S.-flag Great Lakes freighters (lakers) moved 9.85 million tons of cargo in July, a decrease of 9.5 percent compared to a year ago, the Lake Carriers’ Association (LCA) reports. The July float was also 9 percent below the month’s five-year average…
Gateway Distriparks Limited (GDL) has appointed Captain Kapil Anand as Director - CFS with effect from 1st September 2016.Captain Anand will be managing the day to day affairs of the CFS business and will be responsible for business development & operations on a Pan India basis…
Some 44 of Hanjin Shipping Co Ltd's ships have been so far denied access to ports while 1 ship has been seized, Reuters reports quoting a company spokeswoman. The 44 ships include instances where port service providers such as lashing firms have denied service…
As a result of the severe weather, the Georgia Ports Authority (GPA) said it will close its facilities in both Savannah and Brunswick Friday, September 2 ahead of Tropical Storm Hermine. Georgia Gov. Nathan Deal has declared a state of emergency for 56 counties…
The National Retail Federation (NRF) Vice President for Supply Chain and Customs Policy Jonathan Gold weighs in on this week’s bankruptcy filing by Hanjin Shipping. “Retailers’ main concern is that there is millions of dollars worth of merchandise…
Global provider of integrated shipping, logistics and marine services, the GAC Group, has announced a swathe of management changes and transfers.At Group level, changes come with Erland Ebbersten, formerly Group Vice President for the Africa…
Robert “Bob” E. Mallory has been appointed Chief Administrative Officer for supply chain specialist Mallory Alexander International Logistics. Based at the company headquarters in Memphis, Tenn., Mallory will focus on developing programs…
U.S. Navy, Maritime Administration and California Environmental Protection Agency representatives joined City and Port officials today to commemorate the approval to transfer ownership of 125 acres of the former Naval Complex to the City of Long Beach…
The South Carolina Ports Authority (SCPA) welcomed the 10,700 TEU APL Yangshan, the largest containership ever to call the Port of Charleston. “The deployment of New Panamax vessels to the East Coast trade marks a new era,” said Jim Newsome…
Oceanwide Logistics Opens Dubai Office OL International Holdings LLC announced the launch of its newest office in Dubai, United Arab Emirates. Oceanwide Logistics Dubai joins the company’s growing global NVOCC network of 18 offices and more than 120 agents worldwide…
The Port of Prince Rupert said it will invest $16 million in a new maintenance and warehouse complex, with construction scheduled to begin in two weeks. The facility will be located at the intersection of Scott Road and Highway 16. Expansion…
Samskip has completed the acquisition of Euro Container Lines AS, building on a strategy for growth in the Nordic area to make its largest ever acquisitive move in Norway. The ECL acquisition aims to strengthen Samskip’s position in the…
