Logistics News

 

PSA, Partners Jointly Acquire Gdańsk

Mar 19, 2019

Singapore-based port operator PSA International, Poland’s sovereign wealth fund PFR, and IFM Global Infrastructure Fund (GIF), have agreed a deal with Australian infrastructure firm Macquarie to buy Poland’s largest container port DCT Gdansk…

LNG Bunkering: World's Largest Starts Ops

Mar 19, 2019

On March 15, 2019, the world’s largest bunker supply vessel (BSV) for liquefied natural gas (LNG) Kairos conducted the first LNG bunker supply operation for the newbuild ferry MS Visborg at the ferry pier of the port of Visby.The bunker operation…

Euronav planning LSFO STS at Malta

Mar 19, 2019

Euronav has chartered a tanker to bring a 30,000 tonne cargo of low-sulphur fuel oil from northwest Europe to Malta, where its megatanker, Oceania, has been parked offshore since Jan. 12, ship-tracking data showed.Oil analytics firm Vortexa…

Hapag-Lloyd Begins TNE Service

Mar 18, 2019

German-based cargo container shipping line Hapag-Lloyd AG is launching a new liner service offering a direct connection between Turkey and the US East Coast.The Turkey North America East Coast (TNE) service will operate every nine days between the Turkish seaport of Marmara (Izmit…

APM Terminals Mumbai & CMA CGM Set Record

Mar 18, 2019

APM Terminals Mumbai, India’s busiest container terminals has achieved yet another milestone. The terminal has set a new national record for handling servicing largest volume exchange in a single port call - 11,026 TEUs on March 12, 2019.Working closely with the CMA CGM Group India Operations Team…

ARC Loads Cargo in Thessaloniki

Mar 18, 2019

The largest U.S.-flagged roll-on roll-off (Ro-Ro) carrier American Roll-on Roll-off Carrier (ARC) said that its M/V Patriot loaded equipment for the Army’s 4th Combat Aviation Brigade (CAB) at the port of Thessaloniki.M/V Patriot moved a mix of helicopters…

Castor Maritime Fixes Magic P with Oldendorff

Mar 17, 2019

The international shipping company specializing in the ownership of dry-bulk vessels Castor Maritime announced that, through a wholly-owned subsidiary, it has entered into a time charter contract with Oldendorff Carriers GMBH & Co KG Luebeck for its Panamax vessel Magic P…

Shipping Software Market to Reach USD1.9Bln by 2024

Mar 17, 2019

The global Shipping Software market is valued at 1160 million in 2018 and is expected to reach 1880 million by the end of 2024, growing at a CAGR of 8.3% between 2019 and 2024.The shipping software market stands tall as one of the most proactive industry verticals…

IJmuiden Preps for No-deal Brexit

Mar 15, 2019

To keep traffic flowing around the ferry terminal in IJmuiden Seaport, Netherlands, in the event of a no-deal Brexit, preparations are underway for a temporary lorry parking location.According to a press release from the Port of Amsterdam Authority…

Norden Expands into West Africa

Mar 15, 2019

Danish shipping giant Norden is opening an office in Abidjan, Ivory Coast, as part of the Company’s continued global expansion.The office will generate new business and focus on contributing positively to the development of the region, the dry bulk and tanker owner said in a press release…

ICTSI Net Income Up 22% in 2018

Mar 15, 2019

Manila-head quartered port and terminal operator International Container Terminal Services (ICTSI) has released solid results for 2018. ICTSI’s box volumes were higher, revenues increased and the group generated higher profit.The port operator…

TEN Charters for Two LNG Vessels

Mar 15, 2019

Greek shipping company Tsakos Energy Navigation (TEN) announced new charters for two LNG carriers, the Neo Energy and the Maria Energy to significant international energy concerns for an aggregate period of 36 months.  The total gross revenues from these two fixtures…

CMA CGM Forms Venture with MACCFA

Mar 15, 2019

France's CMA CGM has signed a letter of intent to form a joint venture with Ethiopian company MACCFA, as well as a letter of intent with ESLSE to manage Ethiopia's Modjo port, according to a document made available by the French President's office…

$138M Allocated for Charleston Harbor

Mar 15, 2019

President Donald Trump included $138 million in his budget for the coming year to help deepen Charleston Harbor to 52 feet so it can handle larger container ships, said Charleston District of the U.S. Army Corps of Engineers.The project, in the works since 2011…

TNG Secures Work for MR2 Vessel

Mar 14, 2019

Croatian shipping company Tankerska Next Generation (TNG) has fixed out another of its MR tankers on a period charter.The conventional ice class product tanker MT Velebit  has secured one year contracted employment with immediate effect, it said in a press release…

Logistics News

Inch Cape Offshore Wind Farm O&M Base Starts Taking Shape in Scotland

Inch Cape Offshore Wind Farm O&M Base Starts Taking Shape in Scotland

Number of Transits Through Panama Canal Edged Down in August

Number of Transits Through Panama Canal Edged Down in August

NTSB Issues Safety Alert for Land-Based Firefighters After Multiple Deaths

NTSB Issues Safety Alert for Land-Based Firefighters After Multiple Deaths

DNV 2050 Forecast Points to New Fuel Supply Challenges

DNV 2050 Forecast Points to New Fuel Supply Challenges

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