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ADM Buys 5 Ships to Network

October 19, 2009

According to an Oct. 15 report from the Associated Press, Agribusiness leader Archer Daniels Midland Co. said it has acquired five cargo ships to help it transport grain worldwide with greater flexibility and at lower cost than outside carriers.

(Source: Associated Press)
 

Logistics News

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FMC Issues Warning on Strait of Hormuz Surcharges

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MSC Secures 45‑Year Lagos Port Concession

MSC Secures 45‑Year Lagos Port Concession

Tankers Ablaze, Iranian Oil Still Shipping

Tankers Ablaze, Iranian Oil Still Shipping

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MSC, a shipper, secures a 45-year concession at the Lagos port with Nigerdock
Sources claim that Iran has planted about 12 mines along the Strait of Hormuz.
Maersk redistributing fuel to ships as Iran war disrupts supplies