Logistics News

 

Wilson Appointed to US Supply Chain Committee

Apr 11, 2016

Melzie Wilson, VP Compliance for logistics provider Mallory Alexander International Logistics appointed to the committee by Secretary of Commerce Penny Pritzker Melzie Wilson, Vice President – Compliance at Mallory Alexander International Logistics…

Maersk Krishnapatnam Service from April 17th

Apr 11, 2016

Maersk starts its Krishnapatnam Service from April 17th and Kattupalli on April 19th, 2016. Both these calls are strategic and are aimed at supporting the growth of local businesses in the hinterland covering Andhra Pradesh, Northern Tamil Nadu and Eastern Karnataka…

SAAM to Invest $140 mln

Apr 11, 2016

SAAM, multinational company that provides port, towage and logistics services in 15 countries in Latin America, held this morning a Shareholders’ Meeting, where it reported on the positive results of the 2015 exercise and the perspectives for 2016…

Mixed Prospects for Container Shipping

Apr 11, 2016

The latest Container Shipping Forecaster from Maritime Strategies International (MSI) makes a more optimistic forecast on the demand side.  Though its supply-side predictions are broadly aligned with those of Drewry and Alphaliner, MSI's…

Cargo Traffic at India's State-run Ports Records growth

Apr 11, 2016

India’s major ports controlled by the union government recorded a 4.3% year-over-year increase in container throughput in fiscal year ended March 31, 2016, says a report in the Times of India. The irony is that while ports handled by the private sector witnessed a slowdown in shipments…

Maritime Companies Scout for Interns, Employees at San Jacinto College

Apr 08, 2016

Ten maritime companies looking to hire interns and full-time employees recently conducted interviews with students at the San Jacinto College Maritime Technology and Training Center on the Maritime Campus. After a day of maritime transportation classes…

EUROGATE Net Profit Up 13%

Apr 08, 2016

EUROGATE can look back on a good financial year, 2015. Despite difficult market conditions the European terminal operators Group increased its net profit by 13.4 percent to EUR 73.5 million (prior year EUR 64.9 million). Container handling at…

Wan Hai Surpasses Maersk in Profit

Apr 08, 2016

The Taiwanese carrier Wan Hai takes the plaudits with carriers' operating profit margins according to Alphaliner’s survey of the 16 main carriers that published full year financial results for 2015.  The report shows that, Wan Hai is the most profitable container line…

Port of Antwerp Appoints New Brazilian Representative

Apr 07, 2016

Henrique Machado Rabelo, who has for some time already been responsible for commercial and institutional contacts and will now be focusing on the latter, was recently joined by Ricardo Sproesser, who will manage and develop the commercial contacts…

Qatargas in 4-Year Deal to Supply LNG to Kuwait

Apr 07, 2016

Qatargas and Kuwait Petroleum Corporation (KPC) have signed a deal to supply half a million tonnes of liquefied natural gas (LNG) to Kuwait over the next four years, according to a report.  The LNG will be sourced from Qatargas 2, a joint venture among Qatar Petroleum…

Tideworks' TOS Goes Live at Haiti Container Terminal

Apr 06, 2016

Tideworks Technology Inc., a full-service provider of terminal management and planning software solutions, announced that GB Group has gone live with Tideworks’ terminal operating system (TOS) at its facility near the Port-au-Prince industrial zone in Haiti…

BIMCO, GIIGNL issue Voyage Charter for LNG Trade

Apr 06, 2016

BIMCO and the International Group of Liquefied Natural Gas Importers (GIIGNL) have today jointly issued the first definitive voyage charter party – LNGVOY - designed for the expanding LNG spot market. During the development process, BIMCO and…

Logistics Mergers Up, Says KPMG

Apr 06, 2016

Auditor KPMG says that the mergers and acquisitions (M&A) in the Transport sector will supersede the levels seen in 2015 this year. In 2016, mergers and acquisitions (M & A) in the Transport sector will supersede the levels seen in 2015 by exceeding the £ 52 billion mark…

China Cosco to Form Container Alliance

Apr 06, 2016

China COSCO Shipping, the result of a merger in February between the country's top two state-owned shippers, is in talks with CMA CGM and several other major operators to create a new shipping alliance, say reports in local media. Wang Haimin…

UASC Expands Further in S.America

Apr 06, 2016

United Arab Shipping Company (UASC) announced the opening of a new joint-venture agency in Uruguay and participation in this year’s Intermodal South America exhibition, opening today in São Paulo and running until 7th April. These initiatives…

Logistics News

Port of Auckland Commences Upgrade of Bledisloe North and Fergusson North Wharves

Port of Auckland Commences Upgrade of Bledisloe North and Fergusson North Wharves

APM Terminals to Accelerate Port Development in Andhra Pradesh

APM Terminals to Accelerate Port Development in Andhra Pradesh

DOE Grants Lake Charles LNG Additional Time to Commence Exports

DOE Grants Lake Charles LNG Additional Time to Commence Exports

Baltic Index Rises, Sees Gains Across All Vessel Sizes

Baltic Index Rises, Sees Gains Across All Vessel Sizes

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Oil prices rise after Ukraine attacks on Russian energy sites
Oil prices rise after Ukraine attacks on Russian energy sites
Evergrande's debt has reached a point of default and delisting.