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GAC Celebrates 40 Years in Hong Kong

Dec 12, 2014

GAC Hong Kong, part of the global shipping, logistics and marine services provider GAC Group, has marked 40 years in operation with an event celebrating the company’s growth into one of the leading ship agents and logistics services providers in the territory…

5 Kalmar RTGs for GCT, Poland

Dec 12, 2014

Kalmar, part of Cargotec, has gained a further order for five of its latest generation zero emission rubber-tyred gantry granes (RTGs) from Gdynia Container Terminal (GCT) in Poland. The order follows the delivery of two similar machines earlier in 2014…

Port of Houston Reports Banner Year

Dec 11, 2014

Houston’s Port Commission Chairman Janiece Longoria delivered the 2014 State of the port address in early November.Completing her second year, chairman Longoria reported to a capacity crowd of almost 500 people that the Port of Houston Authority (PHA) is enjoying business success…

Great Lakes Ore Volumes Surpass 2013 Figures

Dec 11, 2014

Shipments of iron ore on the Great Lakes totaled 5.9 million tons in November, an increase of 5.8 percent compared to a year ago. That increase finally pushed the year-to-date total ahead of 2013’s pace. Through November, shipments stand at 53…

ISS Names Schollaert as Executive VP

Dec 11, 2014

Steve Schollaert has been appointed as Executive Vice President for North America region at Inchcape Shipping Services (ISS), the company announced.Schollaert joins ISS with experience at American President Lines (APL) where he held senior…

Tse Heads Risk Management, BMT Asia Pacific

Dec 11, 2014

BMT Asia Pacific, a subsidiary of BMT Group has appointed Joanne Tse as Head of Risk Management based in Hong Kong. The new appointment will help support the regional growth of risk consultancy services - principally in the transportation and construction sectors…

International Trade Up 6.8% at Port Everglades

Dec 11, 2014

Port Everglades is experiencing a surge in international trade with a 11 percent increase in TEUs (20-foot equivalent units, the industry’s standard measurement for container volumes) and a 6.85 percent increase in the dollar value of all…

AAPA: FY’15 ‘Cromnibus’ Bill Supports Ports

Dec 10, 2014

Significant increases seen for Corps’ seaport programs & EPA’s DERA grants.In reviewing the proposed $1.01 trillion Consolidated and Further Continuing Appropriations Act of 2015 hammered out in Congress late yesterday, the American Association…

Vankorneft Starts Suzan Pipeline Construction

Dec 09, 2014

Vankorneft, a subsidiary of Rosneft, in compliance with the program of Suzun field development started construction of pressure oil pipeline to connect Suzun and Vankor oil fields. Total length of the oil pipeline will be 101 km.The project…

Maersk, Hamburg Sud Lead Reliability Rankings

Dec 09, 2014

Maersk Line and Hamburg Sud are ranked as the two most reliable container shipping carriers, according to performance rankings published in the new online version of the Carrier Performance Insight (http://cpi.drewry.co.uk) published by shipping consultancy Drewry…

Founder Retires From Stolt-Nielsen BoD

Dec 09, 2014

Stolt-Nielsen Limited has announced that Jacob Stolt-Nielsen, the visionary entrepreneur who founded the company in 1959, will retire from the SNL Board of Directors effective December 15, 2014, thus formally concluding his career at the company…

Evergreen Expands its CPH Service Network

Dec 09, 2014

In order to offer a more comprehensive service to shippers and importers in the Philippines, Evergreen Line will team up with Cheng Lie Navigation(CNC) to launch the new China-Philippines Service (CPH).Two ships around 1,000 TEU will be deployed on the new weekly service…

Regulatory Changes at San Lorenzo

Dec 09, 2014

Inchcape Shipping Services is issuing guidance about new towage regulations affecting the port of San Lorenzo in Argentina.Effective from 15 December, and in accordance with local Coast Guard regulation PZBP R17 N° 07/14, all vessels mooring at the terminals Axion…

Congressman Introduces Bill Lifting Oil Export Ban

Dec 08, 2014

U.S. Representative Joe Barton will introduce a bill on Tuesday to lift the 40-year ban on exports of crude oil, but the measure has almost no chance of passing due to lawmaker concerns about fuel prices and costs to refiners.Barton, a Republican from Texas…

Errors Result in Claims Against Ship Agents

Dec 08, 2014

Careless errors by ship agents are resulting in costly claims, according to ITIC.In the latest issue of its Claims Review, ITIC cites the case of a ship agent which incorrectly calculated two pro-forma invoices in respect of port dues, using the cheaper rate for a cargo of malt…

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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