Alibaba Group and Zim Partner on Sea Freight
Alibaba Group Holdings and Israeli shipping group Zim have entered a strategic cooperation agreement for the direct purchase of sea freight, which will improve logistic services to merchants selling on Alibaba, Zim said on Monday.Zim said it will provide sea freight and services through a direct interface with the e-commerce giant’s logistics platform.The companies have been cooperating since earlier this year, the shipper said in a statement.Zim is 32% owned by Kenon Holdings.(Reporting by Ari Rabinovitch; Editing by Tova Cohen)
SeaMar Awarded Agency Contract from CMA CGM
Frensh shipping company CMA CGM Group has awarded SeaMar with a contract to act as its agent in Port of Amsterdam during the maintenance and repair project of their container ships CC Cayenne, CC Marseille and CC St. Laurent at Damen Shiprepair & Conversion starting end of June 2020.SeaMar said its team will support the containerships during their stay in Amsterdam with full agency and logistic services for both vessel and crew.The CMA CGM Group is a world leader in shipping and logistics. Its 502 vessels serve more than 420 ports on five continents around the world.
Blockchain to Improve Operations in Port of Veracruz
An innovative application of blockchain technology will be put to the test at the Port Community of Veracruz, Mexico by a team of researchers from the Texas A&M Transportation Institute (TTI) and dexFreight, a Florida-based blockchain and logistics startup.The project will help define blockchain applications for improving the safety and security of freight transportation within port communities. Blockchain has been described as an “immutable ledger,” a secure, transparent system for tracking shipments and transactions through complex environments.
Jeff Bezos Invests in Digital Freight Forwarder Beacon
Amazon.com Inc Chief Executive Jeff Bezos has picked British startup Beacon, a digital freight forwarder, for his latest investment.Beacon said on Sunday it raised over $15 million in Series A fundraising, from investors including Bezos and venture capital firm 8VC.The startup, formed by two former Uber Technologies Inc executives two years ago, is already backed by Uber founders Travis Kalanick and Garrett Camp, along with former Google CEO Eric Schmidt.Beacon is also a supply chain finance firm that provides real-time data of cargo delivery and a marketplace view of global shipping costs and
TCR Expands Intermodal Connections
Contship Italia Group confirms its intermodal vocation, both for continental and maritime cargo – and for the latter, a collaboration between Terminal Container Ravenna (TCR) and Hannibal will offer an intermodal opportunity for the territory of Ravenna.Local companies that have developed business in northern Europe during 2019 – and with Rotterdam in particular, have already seized the new connection as an opportunity.The link will be made available by Contship Italia Group’s MTO Hannibal…
DP World Returns to Full State Ownership
Dubai is to take full control of port operator DP World in a deal with a $13.9 billion valuation that will help the company at the center of the emirate's 2009 debt crisis to repay some of its borrowings.DP World, which operates ports around the world from Hong Kong to Buenos Aires, will take on $8.1 billion in debt to finance the deal in which Port and Free Zone World, part of state investment vehicle Dubai World, will acquire the 19.55% of Nasdaq Dubai listed shares for $2.7 billion.Port and Free Zone World already owns 80.55% of DP World ordinary share capital.
Little Rock Port Cargo Steady in February
February activity at the Port of Little Rock remained steady and continued the momentum from January. Logistic Services Inc., the port’s stevedoring partner, handled a total of 30 barges, amounting to over 45,000 net tons of cargo. Commodities handled included aluminum ingots and sows, DAP, nepheline syenite, potash, sand, scrap, steel coils, urea, wetcake and wire rod coils. Across all operations, LSI handled just under 50,000 net tons of cargo. Total tonnage on the MKARNS for the month of February was 1,216,000 tons.
Barge Shipping Steady at Port of Little Rock
The Port of Little Rock had a busy month in March with increased activity across both docks, according to the Little Rock Port Authority. March activity started slowly but increased during the second half of the month. Logistic Services Inc. (LSI), the Port of Little Rock’s stevedoring partner, worked 32 barges with more than 47,000 net tons of cargo during the month. 17 barges were handled at the main river dock, carrying 26,000 net tons of cargo; 15 barges were handled at the slackwater dock, carrying 21,000 net tons of cargo.
Atlantic Navigation Bags Ten Vessel Charters
The Middle-East-focused marine logistics services provider Atlantic Navigation Holdings (Singapore) Limited has won long term charters for 10 OSVs with a combined value of around $236m from a Middle Eastern national oil company. The 10 vessels will go on a firm five-year charter with a two-year extension option to support a Middle Eastern national oil company's operations in the Arabian Gulf. The charters are for five maintenance/work/utility vessels and five anchor-handling tug, supply and safety standby vessels. Seven of these vessels will be newbuilds.
Shipping Perks up at Port of Little Rock
June saw a return to strong activity at the Port of Little Rock. Logistic Services Inc. (LSI), the Port’s stevedore, handled 42 barges with over 64,000 net tons of cargo during the month. The main dock was busier as LSI worked 25 barges with over 37,000 net tons. The slackwater harbor dock handled 27,000 tons from 17 barges. Bulk commodities including nepheline syenite, potash, rock, sand, urea and wetcake accounted for 59 percent of the handled tonnage as break-bulk commodities including aluminum ingots and tee bars, steel coils and wire rod coils.
ISS Bags Tanzania's Paragon project
Inchcape Shipping Services (ISS) has been appointed by Paragon Offshore, Houston, as marine and logistic services provider for a new drilling campaign off the Songo Songo Islands, Tanzania – the first new commercial drilling project in Tanzania in a number of years. ISS is providing a range of services for Paragon Offshore including full husbandry, crew logistics, visa assistance and arranging marine and air charters. A leading provider of standard specification offshore drilling services…
Little Rock Port Authority Reports August Shipping
Total barge tonnage through the Port of Little Rock in August was 57,000 net tons. Dock activities continue to compare favorably to calendar year 2015 as Logistic Services, Inc. has handled 347 barges during the first half of 2016 year and 560,000 net tons of various commodities have moved across the docks at the Port of Little Rock. Break bulk commodities accounted for just over 50% of the total river tonnage for August. Cargoes handled across the docks included potash, rock, wetcake, bauxite, granite fines, wire rod coils, scrap metal, pipe and steel coils.
Gulf Navigation to Acquire Atlantic Navigation
Dubai-based Gulf Navigation Holding PJSC (GulfNav) is in discussions to acquire a majority stake in Singapore-based Atlantic Navigation Holdings, a provider of offshore marine logistic services. Atlantic is an integrated offshore supply operation engaged in the provisioning of marine logistic services, ship repair, fabrication and other marine services. It operates out of the UAE serving primarily customers in the Middle East and India. Atlantic is an offshore marine logistic services group listed on the Singapore Stock with total assets of $177m.
Little Rock Port Authority Reports September Shipping
Total barge tonnage through the Port of Little Rock in September was 52,000 net tons. Dock activities have slowed slightly; however they continue to compare favorably to calendar year 2015. Logistic Services, Inc. has handled 383 barges during the nine months of 2016 year and 578,000 net tons of various commodities have moved across the docks at the Port of Little Rock. Break bulk commodities accounted for just over half of the total river tonnage for September. Cargoes handled across the docks included potash…
RoadOne IntermodaLogistics Strengthens Leadership Team
RoadOne IntermodaLogistics, a single source intermodal, distribution and logistics services company, announced the appointment of a new executive team which they say positions RoadOne for strong, continuous growth. Larry Cuddy, Vice President Commercial Strategy & Client Solutions: Larry is an accomplished logistics and supply chain professional with a strong 20 year history in business development, solutions design, transportation management, and IT solutions. Prior to RoadOne, Larry was Sr. Director, Client Solutions Supply Chain at Estes Express Lines, Inc.
SeaZip Offshore Service Commences Operation
Harlingen-based SeaZip Offshore Service has entered into a partnership agreement with Heerema Marine Contractors (HMC). HMC, the world's market leader in transporting, installing and dismantling offshore oil and gas installations, has contracted service vessel SeaZip 4 for its annual project activities in the North Sea for the coming summer months. SeaZip Offshore Service is thus getting off to a successful start in the international oil and gas industry. Delivered early this year, SeaZip 4 is the fourth Damen Fast Crew Supplier 2610 in the SeaZip Offshore Service fleet.
Fincantieri to Supply Four OPVs to the Bangladesh Coast Guard
Fincantieri has been awarded the contract with the Bangladesh Coast Guard (BCG) for the supply of four Italian Navy “Minerva” class corvettes to be upgraded and converted into Offshore Patrol Vessels (OPVs), and to provide the related logistics support services. These units, which will be decommissioned by the Italian Navy and replaced by the new vessels covered by the fleet renewal program, have been remised by the Italian Navy through a reselling contract executed by the Central Unit for Naval Armament and Fincantieri.
ISS appointed as New Agent for Grieg Star Shipping
Inchcape Shipping Services (ISS) has been appointed as the new agent for the port of Houston by specialist transportation & logistic services company, Grieg Star Shipping. Houston is a major market for Grieg Star with two main trade lanes, North Europe to US East Coast and Gulf and Far East to US East Coast and Gulf, each requiring port calls for import and export activities. ISS already works with Grieg Star Shipping in the US at a number of ports including New Orleans, Baltimore, Beaumont, Corpus Christi and Philadelphia.