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Latest News - page 875

 

London Thamesport Eyes Short-Sea Container Hub Status

Nov 01, 2018

Hutchison Ports London Thamesport’s growing reputation as a short-sea container hub has been further enhanced by Helsinki-based Containerships plc’s introduction of a second weekly service from Gdynia, Poland.Containerships has chosen the Kent…

Port of Los Angeles Issues Statement on Box Incident

Nov 01, 2018

The following information was released by the Port of Los Angeles:Because our facilitation of a safe and secure supply chain is top priority at the Port of Los Angeles, the incident involving an export-bound shipping container that exploded…

BIMCO: US soya bean exports to China down 97%

Nov 01, 2018

The trade war and particularly the Chinese tariffs on imports of U.S. soya beans can now clearly be seen with the start of the soya bean peak exporting period in the U.S. In the first eight weeks of the 2018/19 marketing year accumulated U.S…

Sinopec: Phase 2 of Tianjin LNG Terminal Approved

Nov 01, 2018

China Petrochemical Corp, known as Sinopec, said on Thursday that the second phase of its Tianjin LNG receiving terminal in the north of the country was approved by the Tianjin Development and Reform Commission on Oct. 29.The terminal, which received its first cargo in February this year…

Zhenhua Buys First LNG Cargo from Chevron

Nov 01, 2018

China's state-run Zhenhua Oil purchased its first liquefied natural gas (LNG) cargo from Chevron Corp to supply a South China-receiving terminal that it won access to in a recent auction, according to Zhenhua officials on Thursday.The 100-million-cubic-meter cargo was purchased at about $0…

Milaha Reports 10% Increase in Net Profit

Nov 01, 2018

Qatar Navigation (Milaha) Q.P.S.C. has announced its financial results for the nine months ended September 30, 2018.  Key financial highlights:•Operating revenues of QAR 1.8 billion ($494 mln) for the nine months ended September 30, 2018, compared to QAR 1…

U.S. Soybean Growers Mull Box Shipping as Trade War, Record Harvest Loom

Nov 01, 2018

Illinois Soybean Association Rallies U.S. Growers to Consider Shipping Via Container to Find New Markets for Anticipated Record Harvest.The anticipated bumper harvest of U.S. soybeans this fall amid a trade dispute with China presents an opportunity…

Oil Exports from Iraqi Southern Ports Slide

Nov 01, 2018

Iraq's oil exports from southern ports on the Gulf averaged 3.469 million barrels per day (bpd) in October, lower than the September average, the oil ministry said on Thursday.Iraq exported 3.560 million bpd of crude oil in September.Iraqi oil…

KPI Bridge Oil Promotes Freeman to CFO

Nov 01, 2018

KPI Bridge Oil, a global trader and broker in marine fuels, marine lubricants and risk management products, has announced the promotion of Victoria Freeman to Chief Financial Officer.Freeman, 34, joined KPI Bridge Oil as Accountant in 2009 and…

U.S. Soybean Cargo Diverts from China Destination

Nov 01, 2018

A vessel carrying soybeans from the United States to China changed its destination to South Korea on Thursday, shipping data showed, amid a trade war that has decimated U.S. shipments of the commodity to the world's top oilseed importer.The Star Laura…

BP Completes $10.5-billion BHP Billiton Acquisition

Nov 01, 2018

London-based BP Plc BP has completed the $10.5-billion acquisition of BHP’s U.S. unconventional assets in a landmark deal that will significantly upgrade BP’s U.S. onshore oil and gas portfolio, in a move that upgrades and repositions its American onshore business…

NZ Harbour Welcomes its Largest Container Ship

Nov 01, 2018

The largest Port in the South Island of New Zealand, Lyttelton Port, has welcomed its largest ever container ship.The Singapore–flagged Rio de Janeiro, which can carry nearly 6000 containers and is the length of about three rugby fields, arrived early Saturday…

Port of Helsinki Launches Separate Company for Ship Services

Nov 01, 2018

Finland's main port Port of Helsinki Ltd is preparing for the implementation of the requirements of the EU’s Port Services Regulation by transferring ship services covered by the regulation to a subsidiary company.From 1 January 2019 onwards…

DP World, NIIF Win Bid at Mumbai's JNPT

Nov 01, 2018

Global port operator DP World said its joint venture (JV) with National Investment and Infrastructure Fund (NIIF)  has won the bid to build a Free Trade Warehousing Zone (FTWZ) at Jawaharlal Nehru Port Trust (JNPT)  Mumbai for USD 78 million…

ONE Drags Down NYK Line Earnings

Nov 01, 2018

Container line joint venture Ocean Network Express (ONE) dragged down NYK Line in the first half of 2018 ended September 30 with with Japanese shipping group in the red.NYK Line reported a loss of JPY 9.7 billion for the six months ended September 30…

Logistics News

Rafael Reis Appointed as VP Operations at Hanseatic Global Terminals Latin America

Rafael Reis Appointed as VP Operations at Hanseatic Global Terminals Latin America

Russia Strikes Five Vessels in Ports Along Ukrainian Black Sea

Russia Strikes Five Vessels in Ports Along Ukrainian Black Sea

Russian Oil Freight Rates Spike On Security Risks, Vessel Availability

Russian Oil Freight Rates Spike On Security Risks, Vessel Availability

Rigid Wingsail Retrofit Successfully Completed Aboard Bulk Carrier

Rigid Wingsail Retrofit Successfully Completed Aboard Bulk Carrier

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