Logistics News

 

Yang Ming Hails New Liverpool Service

Sep 10, 2019

A new express feeder service to Liverpool has smashed its initial targets almost immediately after launching in June, underlining demand for a direct Far East call at the port.The weekly Yang Ming service from Southampton is now operating at 150 boxes per week…

G2 Ocean Expands Project Cargo

Sep 10, 2019

G2 Ocean, a joint venture of two of the world's leading breakbulk and bulk shipping companies - Gearbulk and Grieg Star, hired three new Senior Project Cargo Managers and opens offices in Houston and Hamburg.Since the launch of G2 Ocean in 2017…

Panama Canal Signs MoU with Rotterdam Port

Sep 09, 2019

The Panama Canal and the Port of Rotterdam signed a Memorandum Understanding (MOU) to promote international trade between Europe and the West Coast of South America.Through this agreement, the two organizations will work closely to optimize…

MacGregor Develops Cargo System for MSC Boxship

Sep 09, 2019

Cargotec company MacGregor has developed a new cargo system for one of the world’s largest container ships, the MSC Gülsün.The ship was built by South Korean company Samsung Heavy Industries (SHI) and delivered in July of this year, having a capacity of more than 23…

Cosmo Oil Builds IMO-compliant Fuel Stocks at Chiba Port

Sep 09, 2019

Japan’s third-largest oil refining company, Cosmo Oil, , has started building stocks of very-low-sulfur fuel oil (VLSFO) for supply to domestic marine fuel markets from next month (October 2019) ahead of the IMO 2020 mandate requiring ships globally to reduce their bunker fuel sulfur content to 0…

Liebherr Invests in Hamburg Port

Sep 08, 2019

The Swiss multinational equipment manufacturer Liebherr, has officially opened its new service center in Hamburg. The center, comprising an area of 44,000 square meters in the Kuhwerder.“We are investing in a location which offers long-term potential for growth in several directions…

Pilbara Ports Throughput Up 6% During August

Sep 06, 2019

Australia's largest iron ore loading port of Port Hedland, operated by Pilbara Ports Authority, has delivered a total monthly throughput of 62.1 million tonnes (Mt) for the month of August 2019. This throughput was a 6% increase compared to the same month in 2018…

Polaris Celebrates 70 Years of Taylor-Dunn

Sep 06, 2019

It’s an industrial workhorse with humble beginnings and it’s turning 70. Taylor-Dunn, part of Polaris Inc., started in the garage of RD Taylor in 1949 when he designed and built his first electric-powered cart to help him drive new efficiencies across his small poultry supply business…

USCG Reopens Savannah With Restrictions, Continues Assessments

Sep 06, 2019

In the southeast United States, the Port of Savannah, Georgia is now open with a 36-foot draft restriction and the Ports of Brunswick, Georgia and Charleston, South Carolina remain closed to commercial operations following Hurricane Dorian.Assessment teams are conducting surveys of channel depth…

Dr. Ricaurte Takes Office as Panama Canal Administrator

Sep 06, 2019

Dr. Ricaurte Vásquez Morales was sworn-in during a ceremony held at the Panama Canal Administration Building in Panama City, becoming the fourth Panamanian Administrator of the waterway shortly before it celebrates its 20th year under Panamanian administration on December 31…

Great Lakes Iron Ore Trade Up in July

Sep 05, 2019

Shipments of iron ore on the Great Lakes totaled 6.56 million tons in July, an increase of 1.5 percent compared to a year ago.  Shipments were also 9.8 percent ahead of the month’s 5-year average.Year-to-date the iron ore trade stands at 26…

Hapag-Lloyd Splits EU Ops into Two Regions

Sep 05, 2019

Cargo container shipping line Hapag-Lloyd has is to split its European operations into northern and southern regions. The company said the move was part of its strategy to remain closely connected with international clients. After the reorganization…

Cosco, CN Extend Intermodal Pact

Sep 04, 2019

Canadian National Railway (CN) announced that COSCO Shipping has chosen CN to be the exclusive rail provider for the Chinese state-owned shipping company's discharge at the Ports of Vancouver, Prince Rupert, Montreal, and Halifax to all currently served CN destinations…

CargoSphere Launches Maersk Spot

Sep 04, 2019

CargoSphere, the neutral rate network for container shipping, has announced the launch of Maersk Spot on its rates platform. The Maersk Spot product offers customers a loading guarantee and a fixed price at booking. This integration will enable…

TGP Group Expands Management Board

Sep 04, 2019

Trans Global Projects Group (TGP), an international project logistics specialist headquartered in England, has appointed Martin Ollmann as an additional Managing Director for its German entities Trans Global Projects GmbH and Natco GmbH. Ollmann…

Logistics News

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Baltic Index Reaches One-Week High on Higher Capesize Rates

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NYK Group’s ICO Launches Belgium’s First Shore Power Facility for RoRo Ships

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BMT, Austal Sign Engineering Alliance to Support Shipbuilding Projects

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Iraq wants to increase oil production from the southern fields by 3 million barrels per day within 1-2 months
There are some flights to the Middle East that have resumed but there is still disruption.
Documents show that India Oil Corp is looking for gas and oil tankers from the Gulf to transport cargoes.