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Logistics News

 

ONE Joins NYSHEX Expanding Carrier Network

Dec 15, 2019

Ocean Network Express (ONE) has joins a group of innovative carriers who use the New York Shipping Exchange (NYSHEX) to offer their customers the ability to enter digital and mutually enforceable contracts.With seven of the leading global ocean carriers on NYSHEX…

Vado Gateway Container Terminal Opened

Dec 12, 2019

The international container terminal operating company APM Terminals (APMT) said it has opened a new container terminal in Vado Ligure, on the Italian Riviera, which will be capable of handling 900,000 TEUs of containerized cargo.APMT has a 50…

NAVIGATE 2020

Dec 12, 2019

NAVIGATE 2020 has announced increased participation from leading Finnish and Nordic companies and maritime professionals during its upcoming event on January 22nd and 23rd.NAVIGATE 2020 brings together the shipowners and operators, the terminal operators and regulators…

Maersk Opens New Logistics Center in Vietnam

Dec 11, 2019

Danish logistics conglomerate Maersk launches its new logistics center in Bac Ninh to address the needs of a high-demand North Vietnam market.The new warehouse offers premium Warehousing and Distribution solutions to support our customers and the significant trade growth in the region…

Navis Acquires Jade Logistics

Dec 11, 2019

Cargotec division Navis has signed an agreement to acquire the assets of New Zealand-based Jade Logistics.Jade Logistics provides Master terminal operating systems (TOS) for mixed cargo terminals.With N4, Octopi and Jade Master Terminal, Navis…

Amoil Appoints Margaritis MD

Dec 10, 2019

Amoil has appointed Alexandros Margaritis as Managing Director as of January 1, 2020.Margaritis brings 14 years of industry experience and has held previous positions in Singapore and Dubai respectively.Amoil was established in 1984 as the first…

Savannah Boosts Container Volumes

Dec 10, 2019

The Port of Savannah moved 363,000 twenty-foot equivalent container units in November, a 5.4 percent increase over the same month last year, or an additional 18,460 TEUs.For the fiscal year to date (July-November), the Georgia Ports Authority has handled nearly 2 million TEUs…

WiseTech Global Acquires Ready Korea

Dec 09, 2019

Global logistics software group, WiseTech Global has announced the acquisition of Ready Korea, a customs, bonded warehouse and trade compliance solutions provider in South Korea.Headquartered in Seoul, Ready Korea offers a cross-border compliance solution…

BIMCO: No Change in US Imports of Steel Goods From Brazil

Dec 06, 2019

0.0%, no change in US imports of steel goods from Brazil despite quotaIn the first ten months of the year, the US imported 3.9 million tonnes of steel goods from Brazil, the same as was imported in the first ten months of 2017, despite the US…

CME Adds Two Delivery Points to WTI Houston

Dec 05, 2019

CME Group on Thursday said it would add two more delivery points for its WTI Houston crude futures contract, pending regulatory review, as it seeks to provide customers with additional options to hedge physical price risk.* Beginning with the March 2020 contract…

Hamburg Süd Launches Remote Container Management

Dec 05, 2019

All Hamburg Süd customers can use the new Remote Container Management (RCM) technology for their reefer container shipments. RCM monitors parameters such as temperature, relative humidity, and the concentrations of O2 and CO2 within the reefer container in real time…

Port Said Tunnel to SCCT Opened

Dec 04, 2019

The opening of the Port Said tunnel, under the Suez Canal just south of Port Said last week is an important piece of the jigsaw required to position the Suez Canal Container Terminal (SCCT) as Egypt’s primary gateway terminal.Construction of the twin-tubed…

OceanPro Accelerates Tech Innovation

Dec 04, 2019

OceanPro by Maersk, the first of its kind startup accelerator within the shipping and logistics industry, announced the graduation of its second cohort of start-ups showcasing the artificial intelligence (AI), machine learning (ML) led solutions developed by them over the last 120 days…

Odfjell Adds Navig8 Chemical Tankers

Dec 03, 2019

Navig8 Chemical Tankers, an international shipping company focused on the transportation of chemicals,  has agreed to enter four of its 25,000-dwt chemical tankers into a pool operated by the Norwegian tanker owner and operator Odfjell.Following the delivery of the vessels…

Unifeeder Acquires Feedertech

Dec 03, 2019

Denmark’s Short-sea operator Unifeeder , part of the global port operator DP World, has acquired a 77% stake in The Feedertech Group, a Singapore-based feeder and shortsea operator.The Group’s Chairman, Ali Maghami, will retain the remaining 23% shareholding…

Logistics News

Russian Seaborne Oil Exports Rise 16.4% in August

Russian Seaborne Oil Exports Rise 16.4% in August

Iran Reroutes Russian Wheat Imports Through Caspian Sea

Iran Reroutes Russian Wheat Imports Through Caspian Sea

Strait of Hormuz Vessel Traffic Slows to a Trickle

Strait of Hormuz Vessel Traffic Slows to a Trickle

Panama Canal Stress: Is the Worst Dead Ahead?

Panama Canal Stress: Is the Worst Dead Ahead?

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