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GAC Norway Joins 2014 Gaselle List

Jan 02, 2015

GAC Norway AS has been added to the 2014 Gaselle List, a nationally-recognised catalogue of Norwegian businesses that have proven sound finances and sustained growth over a number of years.Introduced by the newspaper Dagens Naeringsliv,…

Rosneft, Petrocas in Logistics & Retail JV

Dec 31, 2014

Rosneft has entered into definitive documentation to acquire 49% stake in Petrocas Energy International Limited (“Petrocas”), creating the joint venture (“JV”) for its activities in the South Caucasus region.The deal represents an important…

Gazprom Buys 50% Shares in South Stream Transport

Dec 31, 2014

Gazprom entered into agreements today with Eni, Wintershall and EDF on purchasing 50 per cent of total shares in South Stream Transport from them.The deals with the minority shareholders of South Stream Transport were previously agreed on by the Gazprom Board of Directors.

Russian-Chinese Energy Partnership Gets a Boost

Dec 31, 2014

The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Li Hui, Chinese Ambassador to Russia.The parties addressed the issues of further bilateral cooperation.…

Antwerp Port Set for Record Throughput

Dec 31, 2014

The port of Antwerp is expected to handle a total of 198.8 million tonnes of freight by the end of this year. That’s an increase of 4.2% in comparison with 2013 and a new record for the port. The previous record dates from 2013, when the freight volume came to 190…

Shipping Executives Should Join Labor Talks: Union

Dec 30, 2014

Brushing aside calls for federal mediation in prolonged contact talks with employers at 29 U.S. West Coast ports, the union for 20,000 dockworkers urged shipping executives on management's board of directors to take a more active part in negotiations…

St. Petersburg Becoming Int'l Gas Sales Hub

Dec 30, 2014

Alexey Miller, Chairman of the Gazprom Management Committee, inaugurated today a new office building of Gazprom Export in St. Petersburg.Taking part in the ceremony were Mikhail Mokretsov, Vice-Governor of the city of St. Petersburg, Alexander Medvedev…

More Heavy Lifting Ahead

Dec 30, 2014

Justin Archard. Managing Director, Asia Pacific & Oceania at SAL Heavy Lift Singapore Pte Ltd sees a turnaround in the Heavy lift and Over Dimensional Cargo tranport segment. As one of the world’s leading carriers specialised in sea transport of heavy lift and project cargo…

Empty Container Depot Opens at Long Beach

Dec 30, 2014

The Temporary Empty Container Depot on Pier S at the Port of Long Beach is now open. The depot was approved by the Long Beach Board of Harbor Commissioners in November to free up truck-trailer chassis and ease congestion on the docks at the second busiest seaport in North America…

APM & NYK Plan RoRo facility at Pipavav

Dec 26, 2014

APM Terminals operated Gujarat Pipavav Port Ltd (APM Terminals Pipavav) and NYK Auto Logistics (India) today announced setting up of a dedicated automobile yard (RoRo) at Pipavav Port. Under the arrangement, NYK Auto Logistics (India) Pvt…

MOL Seals Shipping Deal with Reliance

Dec 26, 2014

Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) and Reliance entered into a strategic association for transportation of Liquefied Ethane from United States to India. This will make MOL to be the first shipping company who is dedicated…

WSS' Adjusted Pricing From 1st Jan

Dec 24, 2014

From 1 January 2015, Wilhelmsen Ships Service (WSS) will increase prices on all products and services by the OECD* global average inflation rate of 1.9%.“In order to consistently deliver quality products and dependable services throughout…

New CMA CGM Agency in Albania

Dec 23, 2014

CMA CGM has opened CMA CGM Albania, a new group agency in Durres, to replace its former third-party agent with immediate effect.

FMCS to Mediate West Coast Ports Negotiation

Dec 23, 2014

The U.S. Federal Mediation and Conciliation Service (FMCS) has received a request from representatives of the Pacific Maritime Association (PMA) to provide mediation services in the PMA’s continuing labor negotiations with the International…

PMA Requests FMCS Intervention in Labor Talks

Dec 23, 2014

FMCS Statement on Labor Negotiations Between the International Longshore and Warehouse Union (ILWU) And the Pacific Maritime Association (PMA):The U.S. Federal Mediation and Conciliation Service (FMCS) announced today that it has received…

Logistics News

BIMCO: 130 Container Ships Stranded in Persian Gulf

BIMCO: 130 Container Ships Stranded in Persian Gulf

Hapag-Lloyd Earnings Down from Last Year

Hapag-Lloyd Earnings Down from Last Year

Transneft Looks to Redirect Oil From Attacked Baltic Ports

Transneft Looks to Redirect Oil From Attacked Baltic Ports

Hapag-Lloyd Incurs Significant Weekly Costs Due to Ongoing Middle East Conflict

Hapag-Lloyd Incurs Significant Weekly Costs Due to Ongoing Middle East Conflict

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