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Wednesday, June 19, 2019

Logistics Services News

Image: A.P. Moller – Maersk

Maersk Adds APM in Logistics Division

A.P. Moller - Maersk said it will integrate APM Terminals' Inland Services division into Maersk's Logistics and Services division beginning August, providing customers with seamless access to a wider range of logistics & services offerings."This is a next step for A.P. Moller - Maersk in the implementation of our strategy to offer end-to-end solutions to our customers," said a press release.The Inland Services portfolio is a network of inland terminals around the globe consisting of 36 business units with over 100 locations.

Image: Cosco Shipping Holdings Co.

Cosco Eyes PIL Takeover

After buying several container factories from its smaller competitor Singapore-based shipping company Pacific International Lines (PIL), China’s Cosco Shipping Holdings Co. is eyeing it as a potential takeover target.The Chinese state-run ocean carrier  had bought part of debt-ridden PIL’s container-manufacturing business, and executives at the Chinese carrier believe they could wrap up a deal for the entire business if family-owned PIL’s owners decide to sell, reported WSJ.Cosco…

Photo of Tom Crowley and Will Jenkins  (Photo: Crowley)

Coast Guard Foundation Presents Award to Crowley

The Coast Guard Foundation, a non-profit organization committed to the education and welfare of all Coast Guard members and their families, recently recognized Chairman and CEO Tom Crowley Jr. and Crowley Maritime Corporation for more than 30 years of support at its 25th Tribute to the Coast Guard Seventh District event in Fort Lauderdale, Fla. The event, originally scheduled for late January but postponed due to the partial government shutdown, was held April 18. The rescheduled date did nothing to dampen spirits…

Image: Port of Rotterdam

New Intermodal for Fresh Produce

A new dedicated perishables reefer train link between Spain and the Netherlands opened on Moday (May 06, 2019) and could save up to thousands of trucks trips a year.CoolRail, the new direct rail connection set up especially for fresh produce, will be transporting cargo between Valencia and Rotterdam three times a week.While transporting products to the Netherlands takes just as long via the temperature-controlled train as road haulage, trains are far more sustainable – with a CO2 reduction of 70 to 90% compared to trucks.CoolRail is an initiative of Euro Pool System…

Photo: Bahri

Bahri Expands Footprint in Asia-Pac

The National Shipping Company of Saudi Arabia (Bahri) has announced the expansion of its market presence in the Asia-Pacific (APAC) region’s maritime industry.The stronger presence will help the company gain deeper insights into market trends as well as customer needs in chemicals and logistics sectors in Singapore and the wider APAC region, said a press release from the logistics and transportation company.The expansion will also enable Bahri Logistics and Bahri Chemicals, two of five business units of the company…

Image: Orient Overseas (International) Limited

OOIL, JD, Cosco JV for Logistics

Gold Talent, Cosco Shipping Logistics and JD Logistics  entered into a cooperation agreement to jointly invest in online logistics platform EShipping through a joint venture (JV) formation.Gold Talent is a wholly-owned subsidiary of Hong Kong-based logistics major Orient Overseas (International) Limited (OOIL). Cosco Shipping Logistics is an affiliate of Chinese state-owned Shipping and logistics services supplier company China Cosco Shipping Corporation Limited. JD Logistics…

Pic: DP World Southampton

New COSCO Service Between UK, Europe, Russia

Chinese state-owned shipping and logistics services supplier company COSCO Shipping Lines announced a new COSCO feeder service from St Petersburg, Russia will begin calling at DP World Southampton."COSCO is to introduce a new weekly call at DP World Southampton, as part of a rotation including St Petersburg, Russia; Kotka, Finland; Southampton, UK; and Rotterdam, Netherlands," said a press release.The news comes after COSCO confirmed in February that DP World Southampton will be a permanent call on its feeder service.

Pic: Yang Ming

Yang Ming Reports $219mln Loss for 2018

Taiwanese global shipping and logistics services company Yang Ming Marine Transportation Corp. it had a net loss of $218.5 million in 2018, with operating results significantly impacted by higher fuel prices.According to a stock exchange annoucement from the ocean shipping company based in Keelung, its consolidated revenues of 2018 totaled NTD 141.83 billion (USD 4.70 billion), up 8.21 % compared with NTD 131.08 billion (USD 4.35 billion) in revenue from previous year.Volumes in 2018 increased to 5…

Photo courtesy of Konecranes

Konecranes Delivers Reach Stackers to Ethiopia

Through distributor QOPH Engineering Enterprise, Konecranes has delivered 13 reach stackers to Ethiopian Shipping and Logistics Services Enterprise (ESLSE). This order has put 10 reach stackers at Modjo Port & Terminal, Ethiopia’s main dry port which handles most of the country’s trade, with the smaller inland terminals of Kaliti, Mekelle and Kombolcha to get one new reach stacker each. With a capacity of 45 tons, the stackers will be used to handle 20-foot and 40-foot containers at the dry ports.Every reach stacker in the order features a smart MD4 display and multifunctional joystick…

Ravi Edirisinghe, Director/Chief Executive Officer - GAC Sri Lanka (Photo: GAC)

GAC Sri Lanka Taps Edirisinghe as Director

Business veteran Ravi Edirisinghe has been appointed Director/Chief Executive Officer of GAC Group of companies in Sri Lanka.He brings to his new role 27 years of knowledge and experience in strategic planning, business development and re-engineering, supply chain management, logistics and project management in diverse industries to this role. He is responsible for the strategic growth and business direction of the Group comprising GAC Shipping Ltd, GAC Marine Services Pvt Ltd and GAC Logistics Ltd.

The CMA CGM refueling operation (CREDIT: GoodFuels Marine

CMA CGM Boxship Refuels with Bio-Fuel

Previously announced IKEA, CMA CGM, GoodShipping Program and Port of Rotterdam pilot celebrates milestone moment in industry-first partnership.IKEA Transport & Logistics Services, CMA CGM, the GoodShipping Program and the Port of Rotterdam announced the successful refueling on Saturday, March 23 of the CMA CGM White Shark with sustainable marine bio-fuel oil.The test, which represents a major step for the decarbonization of ocean freight, saw the companies work together in a first-of-its-kind partnership for the shipping industry.

CMA CGM Group vessel © CMA CGM

Partnership to Test Sustainable Marine Bio-Fuel Oil

IKEA Transport & Logistics Services, CMA CGM, the GoodShipping Program and the Port of Rotterdam have announced they will cooperate in a first of its kind partnership to test and scale the use of sustainable marine bio-fuel oil. The test will commence with a landmark bunkering of the marine bio-fuel oil on a CMA CGM container vessel on March 19th, representing a major step towards the decarbonization of ocean freight.The test is being facilitated by the GoodShipping Program, a sustainable initiative dedicated to decarbonizing ocean freight…

Marshall Islands-flagged LNG carrier ‘LNG/C Golar Snow’  (Photo: GAC Group)

GAC Handles First Tanker at New LNG Terminal

GAC has handled the first tanker to berth at the newly constructed Liquefied Natural Gas (LNG) terminal inside Kamarajar Port, Ennore in Chennai, India. The Marshall Islands-flagged LNG carrier ‘LNG/C Golar Snow’ was carrying the first consignment of 78,037m³ of LNG from Ras Laffan in Qatar for the commissioning of the terminal.Agency operations were overseen by Captain Srinivasan Sethumadhavan, General Manager of Shipping Services at GAC’s Chennai Office, who is optimistic about…

Kristen DeMarco, JAXPORT Chief Commercial Officer

INSIGHTS: Kristen DeMarco, JAXPORT Chief Commercial Officer

Kristen DeMarco is JAXPORT’s Chief Commercial Officer. She is responsible for leading JAXPORT’s international cargo sales and marketing initiatives as well as tracking trends and issues related to maximizing the port’s business potential. DeMarco has nearly two decades of business development experience in the logistics industry, with a track record of successfully negotiating multi-million dollar deals and building relationships with decision-makers from some of the world’s largest companies.

Pic: Kalmar

Kalmar Bags Uruguay Terminal Order

The provider of lifting solutions Kalmar has agreed a deal to supply seven terminal tractors and six forklift trucks to the Rio Estiba terminal in Nueva Palmira, Uruguay.The Cargotec group company said that the order was booked in Cargotec's 2018 Q4 order intake with delivery scheduled to take place in Q2 of 2019.Rio Estiba provides port logistics services, including loading and unloading of cargo, coordination of intra-port operations, in-terminal transport, and administration and cargo handling in port warehouses.

Pic: APM Terminals

APM Costa Rica Enhances Reefer Services

APM Terminals Inland Services in Costa Rica has worked closely with one of the world’s largest producers and exporters of tropical fruit.The Hague-based international container terminal operating company  said in a press release that among other things, the solution has helped optimize the flow of containers to fruit plantations on the Caribbean coast, increase efficiency and lower reefer inventory.With a large number of refrigerated containers (reefers) being shipped to global markets by Costa Rican tropical fruit exporters…

Pic: MOL Chemical Tankers

MOL, Den Hartogh Form Chemical Logistics Alliance

Singapore-based MOL Chemical Tankers (MOLCT) and Dutch Den Hartogh Logistics have established a strategic alliance to jointly develop and streamline liquid chemical logistics services utilizing tank containers, parcel chemical tankers and tank terminals.MOL Chemical Tankers is one of the global leaders in ocean transport, specializing in chemical parcel tankers for bulk liquid chemicals and vegetable oil and animal fats.As strategic partners MOLCT and Den Hartogh Logistics offer their customers in the petrochemical industry truly global supply chain solutions…

Image: Vandegrift

Maersk Acquires Customs Broker Vandegrift

Danish shipping giant A.P. Moeller-Maersk A/S has acquired Vandegrift, a US-based customs house broker,  as the ocean container line pushes further into land-based logistics services and operations. This is the first acquisition of the year in the fast-growing logistics sector.“Vandegrift’s expertise and reputation enables us to place a trusted advisor in front of our customers to design and build individualized Customs Brokerage and Compliance programs that identify risk and provide solutions.

Pic: Stena Line

Green Light to Stena, Hyundai Glovis JV

The European Commission has approved the creation of a joint venture by Swedish Stena Rederi, part of Stena AB, and German Glovis Europe, which is controlled by South Korean Hyundai Glovis.Earlier, the companies have filed a merger application with the European Commission’s competition authorities for the unnamed joint venture.Created through the purchase of shares, the new unit would mainly operate short-sea transport services on pure car and truck carrier (PCTC) vessels in Europe."The European Commission has approved…

Image: Milaha

Milaha Launches BSX

Middle East's maritime and logistics company Milaha (Qatar Navigation) will start a direct container shipping service connecting the Black Sea and the Mediterranean in its first foray into Europe.According to a press release from the Qatar-based maritime transport and logistics conglomerate the new feeder service marks Milaha’s first European service linking the Mediterranean and Black Sea. The BSX demonstrates Milaha’s commitment to deliver reliable and agile services to its customers and partners globally.The BSX rotation is Piraeus (Greece)…

Image: DP World Australia

Dubai Port Raises Stake in Australian Port

Dubai-based port operator DP World says it has acquired additional assets in DP World Australia (DPWA), giving the firm a majority stake in its Australian terminals.The percentage of what has been acquired from Gateway Infrastructure Investments and other financial investors is still being finalized and subject to regulatory approval. However, it valued DPWA at an enterprise value of approximately AU$1.4 billion (US$ 997 million).Following the closure of the transaction, DP World…

Pic: Port of Rotterdam Authority

Neele-Vat Logistics Sets-up at City Terminal

Europe's logistics services provider Neele-Vat Logistics and the Port of Rotterdam Authority have signed a contract for the development of a distribution centre on the last vacant lot at the City Terminal site near Eemhaven (Heijplaat-Rotterdam).According to a press release, the logistics service provider will be using the new distribution centre for ‘cross-docking’: unloading cargo from an incoming transport unit and combining it with other cargo which is then loaded onto an outbound transport unit.

Image: SEA\LNG

LNG REPORT: LNG Bunkering Vessels Rise to Nine, 30 More to Come

The liquefied natural gas (LNG) bunkering infrastructure is expanding globally and there are increasing numbers of LNG-bunker vessels which are encouraging other operators to adopt LNG.According to SEA\LNG,  the multi-sector industry coalition aiming to accelerate the widespread adoption of liquefied natural gas (LNG) as a marine fuel, from limited availability at select ports, LNG bunkering has grown to encompass 24 out of the world’s top 25 and all but one of the top ten bunker…

 Image: MacAndrews

CMA CGM Unifies Containerships and MacAndrews Brands

CMA CGM will retain the only Containerships brand for its intra-European operations, giving up MacAndrews, which had already erased OPDR."Containerships: from April 1st, 2019 a single brand resulting from the union of two experts of intra-European transport CMA CGM reinforces its strategy aimed at densifying its regional coverage to the benefit of its clients," said a press release from MacAndrews.According to the French container transportation and shipping company, by joining the forces of two recognized experts of intra-European multimodal transport…

Javier Fernández Bombín, new director of Boluda Maritime Terminal Las Palmas

Boluda Names Javier Fernández Bombín Director of Las Palmas Terminal

Shipping company Boluda Lines’ subsidiary Boluda Maritime Terminals has appointed Javier Fernández Bombín as new director of Boluda Maritime Terminal Las Palmas.He has taken up the new position at Boluda Corporación Marítima today, on 14 January. The terminal is responsible for providing and managing logistics services in the main ports of Spain.Javier Fernández Bombín replaces Javier Climent, who has managed the Las Palmas terminal since 2013. On 27 November 2018 Climent was appointed as the new corporate director of Boluda Corporación Marítima in the Canary Islands…

Crowley's LNG fueled con/ro ship El Coqui, arriving at Puerto Rico for the first time. (Photo courtesy Crowley)

For JAXPORT, LNG Spells Success

‘A thousand firsts’ and a constantly growing list of players underscores the rapid development of LNG as a fuel – especially along the East Coast of the United States.Click on the headlines for the phrase “LNG Bunkering” and you immediately learn that it is an industry of a thousand firsts and a constantly growing list of players.“Russia's Novatek ships first LNG cargo to China via Arctic; Yamal LNG ships first LNG cargo to Spain; Qatar ships first LNG to Japan, signs accord; Japan orders its first LNG bunker vessel…