Little month-to-month change as the November Stifel Logistics Confidence Index increased only 0.1 points to 59.0. Compared to November 2013, the overall index is up 1.9 points however, this is down from the October year-over-year increase of 3…
Moscow hosted today a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Taner Yildiz, Minister of Energy and Natural Resources of the Republic of Turkey.The meeting addressed the issues of strategic partnership…
Fednav Limited held a reception on board one of its vessels, the Federal Mayumi, at the Port of Cleveland yesterday to celebrate a trio of anniversaries: the 70th year since the founding of the company, 55 years of continuous general cargo liner…
The CMA CGM Group has acquired the German shipping company Oldenburg-Portugiesische Dampfschiffs-Rhederei GmbH & Co. KG (OPDR), CMA CGM founder, chairman and CEO Jacques R. Saadé announced during his visit in Hamburg, Germany on November 25…
The Port of Long Beach expects a “Temporary Empty Container Depot” planned for a vacant pier on Terminal Island to be open and operating in December, which will help to alleviate congestion at the docks.The Long Beach Board of Harbor…
Altus Logistics, a subsidiary company of Swire Pacific Offshore (SPO), has successfully installed its first-ever solar panel system at its warehouse in Loyang, Singapore. This significant installation is designed to generate 152,517kWh…
On 21 November 2014, Hamburg Süd laid the foundation stone for the extension to the shipping company’s headquarters in Hamburg. The new building is going up at Willy-Brandt-Straße (WBS) 63 and 65 on the plots adjacent to the traditional Hamburg Süd head office (WBS 59 and 61)…
Highlights of Navios Maritime Holdings Inc. Financial Results for the Third Quarter and Nine Months Ended September 30, 2014:Revenue25% increase to $152.6 million for Q3;10% increase to $420.2 million for nine monthsEBITDA5% increase to $42…
Rand Logistics, Inc. announced that its board of directors has appointed Kirk Thompson as a Class II director. Thompson, the current chairman of the board of JB Hunt Transport Services Inc., brings the number of directors to six and is the first…
Ports on the U.S. West Coast are currently suffering from chronic congestion, but are there deeper issues affecting their performance? Drewry’s new report Container Terminal Capacity and Performance Benchmarks compares capacity and performance…
AVEVA opened its new office in Aberdeen to offer sales and support for all of AVEVA’s solutions and services with a strategic focus on the region’s oil and gas sector.'We have worked with our customers in Aberdeen for many decades,' said Richard Longdon…
Port workers in Belgium began a 24-hour strike today, November 24, which will end at midnight, Inchcape Shipping Services (ISS) reported. It is anticipated that the 24-hour strike will be followed by a national general strike on December 15…
North Sea oil and gas would supply INEOS plants in Europe; advertised positions include CEO, geologist, engineer. Swiss-based petrochemical and refining company Ineos is looking to expand into North Sea oil and gas production by hiring a number of senior and mid-level staff…
Terex® Quaymate M50 mobile harbour crane is Crane of the Year – Dr. Mathias Dobner honoredRotterdam/Düsseldorf, 24 November 2014 – Terex Port Solutions (TPS) has been successful in two categories of this year’s awards, presented by the…
Singapore Technologies Engineering Ltd (ST Engineering) today announced the appointment of senior management personnel to new key management positions in the Group with a view to further strengthen its leadership team.Mr Lee Fook Sun…
