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Port of Amsterdam: Adjustment Lock Passage Regime in IJmuiden

Jul 29, 2018

Because of the ongoing period of drought, and on the advice of the National Water Coordination Committee, the Directorate-General for Public Works and Water Management has switched to the so called KWA scenario (‘Klimaatbestendige Wateraanvoer’)…

Da Nang Upgrades Tien Sa Port

Jul 29, 2018

Da Nang Port Joint Stock Company (DNPJSC) has started the second stage of Tien Sa port after two years of construction, bringing its total capacity to 12 million tonnes of cargo per year.The national radio broadcaster Voice of Vietnam quoted…

Shanghai NYK-ANJI Logistics Begins Operations

Jul 29, 2018

Shanghai NYK-ANJI Logistics - a joint venture operated by Nippon Yusen Kabushiki Kaisha (NYK), Yusen Logistics and ANJI Automotive Logistics (ANJI) - has begun service under a new name.NYK and Yusen Logistics will use this collaboration to begin efforts to expand their supply chain logistics…

Korea Ocean Business Corporation to Support 10 Shipping Companies

Jul 29, 2018

The state-run Korea Ocean Business Corporation (KOBC) said it will offer support to 10 small and medium shipping lines as part of its effort to revive the country's maritime transportation sector.According to a report in Yonhap, KOBC selected…

Pacific Basin Shipping Back in the Black

Jul 29, 2018

The Hong Kong-based maritime transport company Pacific Basin Shipping, has announced unaudited interim net profit of US$30.8 million (HK$241.74 million), compared with a net loss of US$12 million last year.The international dry bulk shipping company declared an interim dividend of HK$2…

Wison Bags FEED Contract for FLNG Project from Western LNG

Jul 28, 2018

Wison Offshore & Marine and Western LNG signed a technical service agreement (TSA) for the new floating liquefied natural gas (LNG) project that Western is developing in British Columbia, Canada.Pursuant to the TSA, Wison will develop the basis…

Baker Technology Buys Stake in CH Offshore

Jul 28, 2018

Oil and gas equipment supplier Baker Technology on Thursday made a mandatory unconditional cash offer for all the shares in CH Offshore, a vessel chartering firm.'BT Investment (BTI), a direct wholly-owned subsidiary Baker Technology, has announced…

GTT Revenue Grows Thanks to Strong LNG Market

Jul 27, 2018

French liquefied natural gas containment system specialist Gaztransport & Technigaz (GTT), on the back of liquefied natural gas (LNG) market growth, reported 12% growth in revenues linked to royalties  for the first half of 2018.Growth in LNG…

Quadrise Fuels Signs MoU with Freepoint Commodities

Jul 27, 2018

Fuel oil technology firm Quadrise Fuels International said it had signed a non-binding memorandum of understanding with commodities trader Freepoint Commodities to provide commercial opportunities for its MSAR fuel technology product.The Synthetic…

Evergas Rolls-out Largest Ethane Carrier in the World

Jul 27, 2018

Evergas announced that the first 85.000cbm very large ethane carrier (VLEC) was successfully undocked in China and will be delivered in the first quarter of 2019.Following the successful undocking of the first VLEC, the steel cutting of the…

OOCL: Total Volumes Up by 4.6%

Jul 27, 2018

For the second quarter ended 30th June 2018, total volumes were 4.6% up from the same period last year said Orient Overseas (International) Limited. Total revenues increased by 4.0% to US Dollars 1,462.4 million.Loadable capacity increased by 4…

ISC Middle East to East Africa Service Reshuffling

Jul 27, 2018

In a continued effort to provide our customers with reliable and efficient service, CMA CGM Group will upgrade its service offering connection India and Middle East to East Africa., said press release from the company.Starting 17th August 2018…

India Spurring Port Development

Jul 27, 2018

The government of India has identified 243 projects at a total cost USD 21 billion have been identified for enhancing the infrastructure at Indian ports upto 2035,  under Sagarmala Program.Out of these 44 projects (USD 1.25 bln) have been completed…

Diana Containerships Slips Into the Red

Jul 27, 2018

Diana Containerships reported a net loss of $42.3 million for the second quarter of 2018, compared to net income of $36.5 million for the same period of 2017.  The loss for the second quarter of 2018 includes $15.6 million of impairment charges of one vessel and $19…

Boxships Buffeted by Competing Calamities

Jul 27, 2018

Overcapacity, Fleet Supply, Weakened Earnings, Consolidation – and now – fears of trade wars fuel further uncertainties for an already unsteady boxship climate. MLPro’s Barry Parker digs in to get to the bottom of all of it.The report season…

Logistics News

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

US Freight Industry Hopes for Back-to-School Demand Boost After Tariff Truce

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

CMA CGM to Redeploy Fleet to Avoid US Port Fees on Chinese Vessels

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

Israel Attacks Yemeni Ports, Says Houthi-Run TV Outlet

DFDS Reaches 10,000 Sailings in Türkiye

DFDS Reaches 10,000 Sailings in Türkiye

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