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Logistics News

 

Devil's Blanket Responsible for Increasing Ice Rescues

Feb 03, 2015

Rescues in Saginaw Bay, Michigan, Sunday evening and Lake Erie Monday morning are the latest in an alarmingly high number of Great Lakes ice rescues since Saturday, prompting a Coast Guard reminder of the risk of venturing out onto the ice…

Maersk Lead Reliability Rankings

Feb 03, 2015

Maersk Line is ranked as the most reliable container shipping carriers last year, according to new research released this morning by industry analyst SeaIntel. Maersk and Hamburg Sud again topped the liner shipping reliability rankings…

HMM Appoints ISS for Australian Business

Feb 03, 2015

Hyundai Merchant Marine (HMM) announcec that its Australian container liner business will be handled by Inchcape Shipping Services (ISS), effective February 1, 2015.Both HMM and ISS are working closely together to ensure that the change…

New Managing Director for GAC Sri Lanka

Feb 02, 2015

Mahesh Kurukulasuriya, currently a director of the GAC Group of companies in Sri Lanka, has been appointed its Managing Director. Equipped with over 12 years of international operations, commercial, customer service and management experience in shipping and supply chain management…

Abu Dhabi's Waha Capital to Invest $870 mln Cash Bounty

Feb 01, 2015

Abu Dhabi investment firm Waha Capital plans to invest 3.2 billion dirhams ($872 million) in the short-term to grow its energy, healthcare and infrastructure portfolio, its chief executive said on Sunday.Salem Rashid al-Noaimi spoke…

Congestion is Port of Long Beach’s Toughest Issue

Jan 30, 2015

Slangerup’s State of the Port address outlines goals for Energy Island, smarter supply chain In his first-ever State of the Port address, Port of Long Beach Chief Executive Jon Slangerup on Thursday unveiled plans for congestion-beating…

Shippers Must Monitor Greek Government Changes

Jan 30, 2015

Moore Stephens says shipping must monitor developments in wake of Greek government change International accountant and shipping adviser Moore Stephens says it is too soon to say whether the Syriza party’s victory in the country’s elections could…

European Shipping Week Announces Speakers

Jan 30, 2015

Adam Goldstein, President and COO of Royal Caribbean Cruises, Pierfrancesco Vago, Chairman of CLIA Europe and Executive Chairman of MSC Cruises, and Paolo Tonon, Vice-President and Head of Maersk Technology join the list of key industry shipping…

Shell 'Optimistic' on U.S. Refinery Contract Talks

Jan 30, 2015

Lead industry negotiator Royal Dutch Shell Plc said on Thursday it was 'optimistic' a new three-year agreement could be reached with a union representing hourly workers at 63 U.S. refineries that account for two-thirds of U.S. refining capacity…

Long Beach Port to Boost Power, Speed Clearance

Jan 30, 2015

Port of Long Beach Chief Executive Jon Slangerup on Thursday unveiled ambitious plans for congestion-beating smart systems for cargo movement and an all-out push to achieve energy resilience for port operations with wind turbines, solar cells and other clean technologies…

Gazprom, OMV Ink Additional Deal

Jan 30, 2015

Vienna hosted today the signing of an Addendum to the existing contract for gas supply to Austria between Alexander Medvedev, Deputy Chairman of the Gazprom Management Committee and Gerhard Roiss, Chief Executive Officer of OMV. The document…

BlueGrace Logistics Appoints New Chief Information Officer

Jan 29, 2015

Effective February 2, 2015 Justin Belcher will lead all aspects of information technology and software development as the Chief Information Officer for the Tampa-based company BlueGrace Logistics. Belcher has been with BlueGrace since it was founded in 2009 and has led many of the I…

Norway's Oil Sector Repeating Mistakes of last Downturn?

Jan 29, 2015

Some 10 pct of oil workers laid off; Energy sector at risk of cutting too much.Norway's offshore energy sector may be repeating the mistakes of the last big oil slump, removing too much capacity too soon and leaving the industry unprepared for any eventual rebound…

Adani Ports Consolidated PAT Shoots Up by 37%

Jan 29, 2015

Adani Ports and Special Economic Zone Limited (“APSEZ”), India’s largest port developer and part of Adani Group, today announced the financial results for the third quarter and nine months ended December 31, 2014.Consolidated cargo handled by the company was 108 MMT in 9M-FY15…

West Coast Port Talks Clear Hurdle

Jan 28, 2015

Shipping companies and the union for 20,000 dockworkers at nearly 30 U.S. West Coast ports have cleared a major hurdle in their protracted labor talks, clinching a tentative deal on the maintenance and control of cargo chassis, the two sides said on Tuesday…

Logistics News

A Ceasefire Would Allow Russia to Restart 80% of Black Sea Grain Export Terminals

A Ceasefire Would Allow Russia to Restart 80% of Black Sea Grain Export Terminals

Aderco's 2055G+: Emissions Performance with Shared, Verifiable Data

Aderco's 2055G+: Emissions Performance with Shared, Verifiable Data

ARC Freedom Enters ARC's U.S.-Flagged Fleet

ARC Freedom Enters ARC's U.S.-Flagged Fleet

NYK Contributes to Industry Insight on Ammonia-Fueled Vessels at IMO

NYK Contributes to Industry Insight on Ammonia-Fueled Vessels at IMO

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New York Times Business News - September 23,
Sources say that Iraq has suspended Iranian flights from Baghdad due to US sanctions threats
Sources say that traders are pushing for lower prices for Venezuelan crude oil, as shipping costs have risen.