Logistics News

 

EC Warns Greece on Tonnage Tax

Dec 21, 2015

The European Commission has sent to Greece a set of proposals to ensure that state support to the maritime sector in Greece complies with EU state aid rules. In particular, the Commission found that current provisions may breach EU state…

Drewry: Breakbulk Market Weak Until 2017

Dec 21, 2015

Global shipping consultancy Drewry Maritime Research said the breakbulk shipping market is expected to remain weak until 2017, citing low freight rates and high competition.   Although demand growth is expected to recover next year after a very poor 2015…

Freight: Very Close to the End of the Road

Dec 21, 2015

In 1812, Russia beat back the advance of Napoleon’s army. On 18 December 2015 there is a similar tone of seasonal retreat, with most hopes pinned on the New Year. Shame there’s no-one around to write a symphony about it. At this stage the…

CMA CGM Services to Asia and Mexico, Central America & WCSA

Dec 21, 2015

In a continued effort to provide our customers with reliable and efficient services from Asia to Latin America, CMA CGM wishes to inform about the improvement of ACSA services linking Asia to Mexico, Central America and West Coast South America…

Ocean Yield and Höegh Autoliners Charter Pact

Dec 21, 2015

Ocean Yield ASA has agreed to certain amendments to the charter agreements with Höegh Autoliners (Höegh) for four PCTC vessels on long term charter.  Ocean Yield currently has two newbuilding PCTC vessels of 8,500 CEU capacity under construction at Xiamen Shipbuilding Industry Co…

DP World London Gateway Hires Head of Commercial Port

Dec 21, 2015

James Leeson starts in role at the UK’s newest deep-sea container port, with Tabare Dominguez promoted to role in Vancouver DP World London Gateway Port has appointed James Leeson to the role of Head of Port Commercial following the announcement…

Black Sea MOU - New Inspection Regime

Dec 21, 2015

Quality ship operations will be rewarded with a reduced inspection burden when the Black Sea MOU launches its new inspection regime on 1 January 2016. The Black Sea (BS) MOU had announced that their new inspection regime, BS-IR (2016), will be in force from 1 January 2016…

Delay 'Likely' in Opening of Expanded Panama Canal

Dec 21, 2015

The opening of a newly expanded Panama Canal, previously scheduled for April, will be postponed due to cracks detected in the new set of locks that are the centerpiece of the $5.25 billion overhaul, EFE quotes Panama Canal Authority (ACP) head Jorge Quijano as saying…

BMT Isis Adds Marketing and Sales Director

Dec 18, 2015

BMT Isis, a subsidiary of BMT Group, an international maritime design, engineering and risk management consultancy, has announced the appointment of Barry Flower as Marketing and Sales Director.  Flower has 25 years of experience in the…

When is a Master Entitled to Refuse Damaged Cargo? A Reminder from the Standard Club

Dec 18, 2015

A master’s authority to clause bills of lading issued by or on his behalf can sometimes become the cause of disagreement between shippers, charterers and carriers. Under Article III Rule 3 of the Hague/Hague Visby Rules after receiving the cargo…

First Mega Containership Coming to America

Dec 18, 2015

The largest container ship to visit the U.S. West Coast is scheduled to arrive at the Port of Los Angeles on December 26. The CMA CGM Benjamin Franklin, which was launched on December 10 is scheduled to make her maiden call at APM Terminals-Pier 400 at the Port of Los Angeles…

Port of New Orleans Elects New Board Chairman

Dec 17, 2015

Port of New Orleans' Board of Commissioners Elects William T. Bergeron Chairman; Michael W. Kearney Elected Vice Chair, Robert Barkerding Jr. Elected Secretary Treasurer The Board of Commissioners of the Port of New Orleans today elected William T…

Shippers’ Confidence Dips Slightly -Moore Stephens

Dec 17, 2015

Overall confidence levels in the shipping industry fell in the three months to November 2015, according to the latest Shipping Confidence Survey from international accountant and shipping adviser Moore Stephens.  The average confidence level…

Stolt-Nielsen Board Elects a New Director

Dec 17, 2015

The Board of Directors of Stolt-Nielsen Limited has announced the election of a new director, Rolf Habben Jansen, Chief Executive Officer of Hapag-Lloyd AG.  The Board of Directors of SNL received approval at the Company's Annual General Meeting in April of 2015 to fill two vacancies…

Drewry: Container Reliability Stable in November

Dec 16, 2015

Containership reliability was broadly unchanged in November as the average on-time performance across all trades slipped by just 0.8 percentage points against October to 77.2%, according to Carrier Performance Insight, the online schedule reliability tool provided by Drewry Supply Chain Advisors…

Logistics News

Imports drop 9% at Los Angeles Port in May Under 145% Tariffs on China

Imports drop 9% at Los Angeles Port in May Under 145% Tariffs on China

Commodity Report: Scramble to Import Copper Creates Market Imbalance

Commodity Report: Scramble to Import Copper Creates Market Imbalance

Charge It: ‘Electrification’ Momentum Mounts in Maritime

Charge It: ‘Electrification’ Momentum Mounts in Maritime

Nibulon to Export 1 Million Tons of Grain Via Black Sea Port of Chornomorsk

Nibulon to Export 1 Million Tons of Grain Via Black Sea Port of Chornomorsk

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