GAC has appointed Fredrik Nystrom as its new Group Vice President for the Asia Pacific region. He takes over from Dan Hjalmarsson, who has retired. Nystrom has been GAC's Regional Business Controller based at the Regional Office in Singapore since 2007…
Descartes Systems Group today announced the commencement of a marketed, underwritten public offering of 9,500,000 Common Shares. The underwriters will also have the option, at any time not later than the 30th day after the filing of the final prospectus supplement…
Football fever is so intense in Brazil, the host of the World Cup soccer tournament, that even the main shipping ports in the commodity-exporting powerhouse are shutting down when the national team plays.In Paranagua, Brazil's No. 2 soy exporting port…
CMA CGM announced the opening of CMA CGM Tchad, new Group Agency in N’Djamena (Chad), replacing its former third-party agent with immediate effect.cma-cgm.com
The inaugural Maritime Logistics & Energy thematic within the International Festival for Business 2014 has come to a close. Highlighting Liverpool’s international role as a mercantile, maritime and global trade gateway city, the MLE fortnight’s 48 events wrapped up on June 20…
Russian Maritime Register of Shipping took part in the sixth international specialized exhibition Transport Logistic China 2014, in Shanghai from June 17-19. This exhibition brings together experts in the field of transport, logistics, telematics…
ADELTE, formerly known as TEAM, will install a boarding bridge at the new cruise terminal in Leixões. The port of Leixões, neighbor to the city of Porto, wants to boost its cruise passenger activity. Currently, the port is building some spectacular infrastructures including: a new terminal…
The latest in a string of militant attacks on Kenya's coast has dealt a fresh blow to the economy, but the threat this time goes beyond the tourist trade to an ambitious $25.5 billion port and transport scheme next to the historic town of Lamu…
U.S. Federal Maritime Commissioner William P. Doyle issued the following statement regarding China’s decision on the proposed P3 Network:The People’s Republic of China has rejected the P3 Vessel Network Sharing Alliance based on the competition concerns in the Asia-Europe shipping market…
The Port of Long Beach was recognized Tuesday, June 17, as the “Best Green Seaport” at the 28th annual Asian Freight & Supply Chain Awards hosted in Shanghai, China.Known for its nearly 10-year-old Green Port Policy, the Port of Long Beach has regularly reported reduced impacts on the community…
UTi Worldwide Inc., a global supply chain of services and solutions, appointed Mike McClelland, Senior Vice President of Contract Logistics and Distribution, responsibility for its Americas operations. This new role for McClelland builds on…
A.P. Moller-Maersk said on Tuesday it had abandoned a planned ship pooling network after China's Ministry of Commerce surprisingly announced it had not approved it. Maersk shares were down 6.2 percent at 1100 GMT compared with a 0.7 percent fall in the Danish benchmark index…
The P3 Network will not be implemented following decision by the Ministry of Commerce (MOFCOM) in ChinaToday, the Ministry of Commerce (MOFCOM) in China announced that they have not given their approval to the P3 Network.On March 24…
Leading ship supplier The Hutton’s Group has strengthened its Aberdeen logistics team with the appointment of a new Branch Manager. Kirstene Wilson starts work today at the firm’s Sinclair Road depot, having completed a week’s induction training at Hutton’s head office in Hull…
DP World took advantage of strong market conditions and scarcity value to raise a $1 billion convertible bond with a ten year lifespan on Thursday, in order to fund growth opportunities and diversify its funding sources.The issue is a rare…
