Logistics News

 

MED AMERICAS will Replace MGE Service

Jul 30, 2016

CMA CGM is revamping it MGE service becoming the MED AMERICAS, stand-alone CMA CGM service with dedicated fleet of 11 vessels of 2,500 TEU, in a continuous effort to improve service coverage, frequency and reliability. Starting with m/v POMERENIA SKY voy…

Maersk Training Bullsh on India

Jul 29, 2016

Maersk Training, part of the Denmark based A.P. Moller-Maersk, is betting on the Indian training centre, reports the Hindu. India is one of the 10 Centre’s that is making profits. 'While other Maersk training centres are facing issues due to downturn in maritime and oil and gas sectors…

Shipping Must Disclose or Risk Being Exposed - Moore Stephens

Jul 28, 2016

International accountant and shipping adviser Moore Stephens says the shipping industry must adopt a transparent, proactive approach to corporate governance or else risk exposure to business and reputational damage. Corporate governance in shipping has been in sharp focus recently…

APL Introduces Felixstowe Express Service for Asia-Europe Trade

Jul 28, 2016

APL, part of the CMA CGM Group, has announced the launch of the Felixstowe Express Service (FEX), a new weekly service that connects the key ports of China, Europe and Felixstowe – United Kingdom’s (UK) biggest and busiest container port. APL…

New Wire Rope Hoist from Columbus McKinnon

Jul 27, 2016

Announcing the expansion of its wire rope hoists line, Columbus McKinnon Corporation, a designer, manufacturer and marketer of material handling products, systems and services, has introduced the Yale LodeKing LT ultra‐low headroom top‐running wire rope hoist…

DP World to Develop Kaohsiung Port's Terminal 7

Jul 27, 2016

Global trade enabler DP World and the state run Taiwan International Ports Corporation (TIPC), have signed a Memorandum of Understanding (MoU) for the development of Kaohsiung Port’s Terminal 7 in Taiwan. The agreement marks the beginning…

GAC Brazil Sets Up 7th Office

Jul 27, 2016

In the latest stage of its national expansion, GAC Brazil has opened a seventh office to offer its shipping, logistics, bunker fuels and marine logistics at one of the country’s newest and rapidly growing port complexes, in the north of Rio de Janeiro State…

No Clues on Hanjin's Financial Health

Jul 27, 2016

Cash-strapped Hanjin Shipping Co. sources say that the negotiations with tonnage providers for lower rates are undergoing, but wouldn't say much else. According to Korea Herald, the country's No.1 shipping line has come under growing pressure…

Will UK Maritime Traffic Rise or Fall on Brexit?

Jul 26, 2016

UK container traffic will see more muted growth than expected a few months ago, at least in the short term, says Drewry. Patrick Walters, Peel Ports’ Group Commercial Director, believes that the bigger Brexit-related risk for UK container…

Will Container Lines Skip UK Ports on Brexit?

Jul 26, 2016

British importers and exporters prefer direct mainline container services calling at their national ports and tend to dislike feeder services, says a Drewry report. Is there a risk that a politically isolated UK will no longer benefit from direct vessel calls…

CMA CGM Reopens Spain to Algeria Service

Jul 26, 2016

CMA CGM NAF Lines is re-opening  a regular service from Barcelona to Djen Djen on EURONAF service with immediate effect. First Departure: m/v VEGA OMICRON voy. 001OGS ETS Barcelona on July 15th, 2016, ETA Djen Djen on July 19th, 2016. CMA…

BMT Hires Barhey to Lead Regional Development in Asia

Jul 25, 2016

BMT Asia Pacific, a subsidiary of BMT Group Ltd, has appointed Dr. Sukhy Barhey as Director to lead the implementation of BMT Asia Pacific’s strategy and expand its specialist service offering across the region. Dr. Richard Colwill, Managing Director of BMT Asia Pacific commented…

GAC Russia Expands Eastwards

Jul 25, 2016

GAC Russia is expanding eastwards with the opening of new branches at Nakhodka and Yuzhno-Sakhalinsk.This latest development means it is the only ship agent with a presence throughout the interconnected Arctic region and Far East: at Murmansk…

China’s One Belt, One Road: Will it Reshape Global Trade?

Jul 25, 2016

The future of trade in Asia could depend heavily on what becomes of China’s expansive One Belt, One Road initiative, which calls for massive investment in and development of trade routes in the region.  In this episode of the McKinsey Podcast…

Cosco: No to Shark Fin

Jul 24, 2016

China's biggest shipping and logistics company Cosco has pledged a total ban on transporting shark's fins,  says SCMP. It called the move a 'body blow' to the international shark's fin trade.In a letter addressed to the Hong Kong branch of…

Logistics News

PMA: Panama-Flagged Vessels Must Notify of Ship-to-Ship Transfers

PMA: Panama-Flagged Vessels Must Notify of Ship-to-Ship Transfers

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

Subscribe for Maritime Logistics Professional E‑News

Libya reports oil leak south of Zawiya
Documents show that Niger intends to reduce Chinese oil workers
Bessent: Trump's tariff threat could ignite a fire in the EU during trade negotiations