The union that represents workers along the St. Lawrence Seaway has agreed to take a contract dispute to arbitration, avoiding a strike that would have shut the waterway linking the Great Lakes and the Atlantic Ocean.The union, Unifor, announced the news in a statement on Sunday evening…
Dynamar has published “INTRA-MEDITERRANEAN CONTAINER TRADES”, the latest report in its Container Trades and Markets series. Salient details and interesting findings of the new report are discussed here below.Intra-Mediterranean (2014) Container…
Three tugs of Fairmount Marine have towed the brand new FPSO Petrojarl Knarr from South Korea to Norway in just 61 days. Petrojarl Knarr, one of world’s largest floating production and storage units (FPSO) for harsh environments, was delivered in the port of Haugesund…
A continuing increase in cargo handled at Lerwick Harbour in the third quarter brought the volume for the first nine months of 2014 to 910,014 tonnes, up 6% on the same period last year.Shipments included 144,243 tonnes of oil-related cargo…
The union that represents workers on the St. Lawrence Seaway, the waterway that links the Great Lakes and the Atlantic Ocean, has extended a strike deadline to Monday at 5 p.m. ET/2200 GMT.A strike would close the key shipping route. Five locals of Unifor…
Hapag-Lloyd informs about the congestion at the ports of Los Angeles and Long Beach that has reached a critical point.I. Several container ships are anchoring off the harbor and waiting in line to berth. Now Vessels are also being delayed due to ongoing congestion…
The latest U.K. Logistics Confidence Index commissioned by Barclays and Moore Stephens reveals that confidence in the U.K. logistics sector remains high but more controlled over the past six months as familiar challenges persist.The index…
Record 2014 third quarter earnings per share of $1.34 compared with $1.21 in the 2013 third quarter, which included a $0.08 benefit due to the reduction of the United earnout liability.Kirby Corporation announced record net earnings attributable to Kirby for the third quarter ended September 30…
CEVA Logistics, a leading global supply chain management company, announced a contract renewal and expanded business with L'Oréal in Indonesia, the world's leading beauty brand.CEVA's partnership with L'Oréal started more than 3 years…
Dun & Bradstreet, the world's leading source of commercial information and insight on businesses, today reported results for the third quarter ended September 30, 2014.'We continue to make good progress against our strategy and we are beginning to build momentum on our top line…
Union workers on the St. Lawrence Seaway, the waterway that links the Great Lakes and the Atlantic Ocean, have given notice of a possible strike, which could start on Friday afternoon, Unifor, Canada's largest private sector union, said on Tuesday…
Kalmar, part of Cargotec, has signed a repeat order for nine all-electric rubber-tyred gantry cranes (RTGs) with Piraeus Container Terminal (PCT) S.A. in Greece, a wholly-owned subsidiary of COSCO Pacific Limited. The cranes, four of which are the world's widest…
UTi Worldwide Expands Executive Team; Names Hessel Verhage President of Americas Freight Forwarding, Keith Pienaar, President Contract Logistics and Distribution.UTi Worldwide Inc., a global supply chain services and solutions company, promoted Hessel Verhage to President…
The latest Barometer Report from Trelleborg, which discusses the issues impacting ports and terminals around the globe, has revealed that 74% of port owners and operators are still suffering unscheduled downtime. Fender damage was the most frequently cited cause…
Oil tanker Carabobo, carrying Venezuela's first importation of crude oil, arrived late on Saturday at the Jose port, where it is scheduled to unload up to 2 million barrels of Algerian Saharan Blend to be used as a diluent for Venezuela's extra heavy crude…
