Logitsics News


Piraeus Port Taps TEKAL for Port Expansion

Feb 03, 2020

PPA S.A. has announced that the construction company TEKAL S.A. was awarded as the construction contractor of the Cruise Terminal Expansion project of Piraeus Port Authority, after the financial bid of $113 million plus VAT, initially budgeted $180 million. The new cruise pier is one of the mandatory investments of the master plan of COSCO SHIPPING for the PPA. The project is also funded by the Regional Operational Program for Attica 2014-2020…

Egypt's Suez Canal Shipping Unaffected by Coronavirus

Apr 01, 2020

Traffic in Egypt's Suez Canal has so far been unaffected by the spread of the coronavirus, the chief of its authority said on Wednesday, citing a 4.6% increase year-on-year in the number of ships passing through.The canal is the fastest shipping…

Shipping Industry Urges G20 to Keep Freight Flowing

Mar 24, 2020

Ships and their crews must be able to trade freely with minimal port restrictions to ensure supply lines don't freeze up while the coronavirus shuts down much of the globe, shipping and port officials said on Tuesday.After draconian steps to stop the spread of the virus…

GPA Adds Container Storage Space

Mar 19, 2020

The Port of Savannah is bringing online 400,000 TEUs of annual container capacity at just the time when many port customers are seeking new storage options.'With slowing demand related to the coronavirus, port users need space to stage their cargo until that demand returns…

NWSA January Container Volumes Drop

Feb 20, 2020

The Northwest Seaport Alliance’s total container volume for January 2020 was 263,816 twenty-foot equivalent units (TEUs), a 19.1% decrease from January 2019.Following an unprecedented international container throughput for the same month last year — tied to shippers moving cargo ahead of tariffs…

Long Beach Cargo Dips in January

Feb 14, 2020

Cargo volume was down slightly in January at the Port of Long Beach, compared to the same month in 2019.Terminal operators and dockworkers moved 626,829 twenty-foot equivalent units (TEUs) last month, down 4.6% compared to January 2019. Imports decreased 4…

Coronavirus Disrupts Global Container Shipping

Feb 06, 2020

China's fast-spreading coronavirus is throwing the global container shipping trade out of sync, with lines re-routing cargoes and reducing calls to Chinese ports, setting the scene for months of delivery delays ahead, industry sources said.The…

EGS Connects Dutch Deepsea Terminals

Jan 31, 2020

The intermodal service provider European Gateway Services (EGS) offers network of connections between all deepsea terminals Maasvlakte Rotterdam with Nuremberg in Netharlands.The Rotterdam - Nuremberg rail shuttle is now already calling at all the deepsea terminals at the Maasvlakte (1 and 2)…

New Program Cracks Down on Wildlife Trafficking

Jan 21, 2020

The Institute of Chartered Shipbrokers has celebrated 100 years since the granting of its Royal Charter by unveiling plans for a training program to help port workers and surveyors spot the signs of wildlife trafficking in the maritime supply chain…

Oakland Box Volumes Down 1.8% in 2019

Jan 17, 2020

Container volumes at the Port of Oakland decreased 1.8% in 2019, new data shows.The port attributed the decline to fewer empty containers but said loaded import and export containers were at a record high.Oakland handled the equivalent of 2…

BIMCO: Climate Ambitions Not Achieved Alone

Dec 13, 2019

BIMCO has welcomed the recognition of the European Commission (EC) that climate change is a global issue that requires mobilization of partners internationally.In The European Green Deal, published on December 11, 2019 by the European Commission…

MSC Appoints Toft as CEO of Cargo Business

Nov 18, 2019

Swiss headquartered container shipping group MSC has appointed Soren Toft as the new chief executive officer of its cargo business from rival company A.P. Moller Maersk, an MSC spokesman said on Monday.A start date for Toft has yet to be determined…

Maersk: Container Outlook Uncertain

Nov 15, 2019

A.P. Moller-Maersk said on Friday prospects for a pick-up in demand for seaborne container traffic were clouded by an uncertain economic outlook but the shipping group's focus on driving down costs helped its shares higher.The world's biggest…

Logistics News

US LNG Exports Through Panama Canal Shrink, Asia-Europe Spreads Widen

US LNG Exports Through Panama Canal Shrink, Asia-Europe Spreads Widen

OpEd: Shipping Seeks Safe Waters in Era of Deadly Geopolitics

OpEd: Shipping Seeks Safe Waters in Era of Deadly Geopolitics

Bangladesh Puts to use China-built Crude Oil Offloading Facility

Bangladesh Puts to use China-built Crude Oil Offloading Facility

Maersk to Deploy First Large Methanol-Enabled Vessel on AE Trade

Maersk to Deploy First Large Methanol-Enabled Vessel on AE Trade

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