Logistics News

 

Port of Sines Receives Milan Maersk

Jul 24, 2019

Port of Sines, the first largest artificial port of Portugal, said that its Terminal XXI received, on July 21, the call of “Milan Maersk”, one of the world’s largest container ships, with capacity for 20.568 TEU (20 feet containers).'This is…

Port of Virginia Completes $320M Expansion

Jul 24, 2019

Governor Ralph Northam announced the completion of the Port of Virginia’s $320 million expansion at the Virginia International Gateway container terminal. The Governor was joined by U.S. Maritime Administrator Rear Admiral Mark Buzby, Virginia Secretary of Transportation Shannon Valentine…

Bahri Reports 1H Growth

Jul 24, 2019

The National Shipping Company of Saudi Arabia (Bahri) has posted revenues‏ ‏of SAR‏3.14 billion ($840million) for the first half of 2019, despite regional difficulties.The Riyadh-based transportation and logistics company reported revenue growth…

DP World's Dubai Box Volumes Slip

Jul 23, 2019

DP World's Dubai shipping container volumes fell by 6.3% in the second quarter, the port operator reported on Tuesday, the fifth consecutive quarterly drop.DP World blamed the drop on the loss of lower margin cargo and challenging market conditions…

APM Terminals Acclaims Maasvlakte II

Jul 22, 2019

The APM Terminals Maasvlakte II’s new rail service between the Rotterdam terminal and Venlo, a key logistics hub on the Dutch-German border has been a huge success so far, claimed the port operator.APM Terminals said that following the success of the initial five-times-per-week service…

New China-Europe Intermodal Route Opened

Jul 19, 2019

Marking the opening of a new China-Europe freight train route a freight train left Xi'an, capital of northwest China's Shaanxi Province, heading for Bishkek, capital of Kyrgyzstan.According to a report in Xinhua, the train consists of 42 containers loaded with laptops…

ONE Launches India-Europe Direct Service

Jul 18, 2019

Ocean Network Express (ONE)  announced the launch of a new direct service, the Indian Ocean Service 3 (IO3), which covers South East India, Mediterranean, and North Europe.The new product will offer new port coverage and boost reliability to…

Pilbara Ports Annual Throughput Down

Jul 17, 2019

Australia's Pilbara Ports Authority has delivered a total annual throughput of 697.2 million tonnes (Mt) for the 2018/19 financial year. This result is a less than 1% change (decrease of 2.06 million tonnes) from last year’s record annual throughput…

Two Chinese Ports Halt Coal Imports

Jul 17, 2019

Chinese customs is no longer permitting coal cargoes to enter the country at the ports of Jingtang and Caofeidian, said three coal traders, who were told by customs officials of the halt on Tuesday.Customs officials at the port of Jingtang, one of China's biggest coking coal import points…

ONE Offers New African Service

Jul 15, 2019

Container lines Ocean Network Express (ONE) is launching a new service covering Africa, India and the Middle East (AIM).The new product will broaden ONE’s already expansive global coverage by offering direct port calls between West Africa, South Africa and key locations in West Asia…

IRClass Takes Over Chairmanship of IACS

Jul 15, 2019

Arun Sharma, Executive Chairman of the Indian Register of Shipping (IRClass), has been elected as the new Chairman of the International Association of Classification Societies (IACS) in a recent Council meeting held in Busan, Korea.Sharma took…

Hapag-Lloyd Launches New Africa Service

Jul 15, 2019

Hapag-Lloyd is expanding its African liner services and will offer its MIAX (Middle East-India-Africa Express) service starting in October 2019. It will include direct connections between the Arabian Gulf, India, Colombo (Sri Lanka), La Réunion…

2020 Bulkers Fixes 3 Bulkers with Koch

Jul 12, 2019

Norwegian shipowner 2020 Bulkers has reached time charter agreements for three of its newbuildings with Koch Supply & Trading, a subsidiary of Koch Industries.Bulk Sandefjord has secured a new 36 months time-charter at an index-linked rate, reflecting a premium to the Baltic 5TC index…

Shipping Majors Join CargoSmart Digital Initiative

Jul 12, 2019

The provider of software-as-a-service based shipping and logistics solutions, CargoSmart has announced the official execution of the Global Shipping Business Network (GSBN) Services Agreement with shipping majors.According to a statement from the shipment management software company…

Rhine water levels hit 2-month low

Jul 12, 2019

Water levels along the Rhine river, a key waterway for transporting commodities and other products from coastal areas to inland locations in France, Germany and Switzerland, fell to their lowest since May 21, Refinitiv Eikon data showed.Levels…

Logistics News

Baltic Index Rises on Large Vessels

Baltic Index Rises on Large Vessels

Panamanian President Meets with Japanese Shipowners to Share New Ship Registry Strategy

Panamanian President Meets with Japanese Shipowners to Share New Ship Registry Strategy

Russian Oil takes the Northern Sea Route to Brunei

Russian Oil takes the Northern Sea Route to Brunei

Canada's July Trade Deficit Narrows as Exports to the US Rise

Canada's July Trade Deficit Narrows as Exports to the US Rise

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