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Port of Oakland Board Elects Butner as President

Jul 16, 2018

Oakland business leader Cestra ‘Ces’ Butner has been elected President of the Port of Oakland’s governing Board. The Board of Port Commissioners selected their colleague for the top post at a meeting last week.Commissioner Butner succeeds Joan Story…

Heavy Lifting: New Tugs Transported for Launch

Jul 16, 2018

Heavy transport specialist Mammoet was recently called in to transport of two 430-ton tugboats from the Island Tug and Barge (ITB) Annacis Island facility to Vancouver Harbor.The Island Raider and Island Regent, which each measure 23.9 meters long and 12…

APL Adds Port Calls to West Asia Express Service

Jul 16, 2018

Ocean carrier APL announced that the West Asia Express (WAX) service will be calling the additional ports of Xingang, Busan and Sohar as part of its service rotation, expanding coverage between the Far East and Middle East.According to APL,…

Oil Prices Dip as Markets Eye Potential Supply Increases

Jul 16, 2018

Oil prices fell on Monday as concerns about supply disruptions eased and Libyan ports resumed export activities, while traders eyed potential supply increases by Russia and other oil producers.Brent crude futures were down 26 cents, or 0.4 percent…

Pegasus Maritime Loses Operator Licence in Singapore

Jul 16, 2018

Marine fuel services provider Pegasus Maritime (Singapore) Pte Ltd has lost its licence to operate bunker crafts in the port of Singapore effective July 16, the Maritime And Port Authority (MPA) of Singapore said on Monday.The MPA has revoked…

Euro Zone Trade in Goods Surplus Shrinks as Exports Drop

Jul 16, 2018

Euro zone's surplus for goods traded with the rest of the world dropped in May as exports fell and imports increased, one month before United States' tariffs on European steel and aluminium kicked in, official data showed on Monday.The European Union's statistics office…

Low Water Levels Hinder River Shipping in Germany

Jul 16, 2018

Water levels on the Rhine and Danube in Germany remain low after recent dry weather and cargo vessels cannot sail fully loaded on some sections of the rivers, traders said on Monday.The Rhine is too shallow for normal sailings from Cologne to south Germany…

Eight Migrants Found Dead in a Shipping Container

Jul 16, 2018

Eight migrants including six children were found dead on Monday after suffocating from petrol fumes while packed into a lorry container on the west Libyan coast, authorities said.Another 90 migrants recovered from the container were in critical…

Bisso Offshore Orders New Tugs from Eastern

Jul 16, 2018

Estern Shipbuilding Group announced it has signed a new contract with Bisso Offshore, LLC for the construction of two Robert Allan Ltd. RApport 2400 Ship Handing Tugs with escort capability. The deal was signed on May 31, 2018.Bisso Offshore…

d'Amico International Shipping Sells MT High Trust

Jul 15, 2018

Luxembourg-based d’Amico International Shipping announced that its operating subsidiary d’Amico Tankers signed a memorandum of agreement and bareboat charter contract for the sale and leaseback of the MT High Trust for a consideration of US$ 29…

Fednav Adds 60th Owned Dry Bulk Vessel

Jul 15, 2018

Canada's Fednav Limited takes ownership of a 60th bulk carrier, an important milestone in Fednav’s history. This vessel, the MV Federal Dee, is the latest in a series of 22 box-hold handysize bulk carriers of 34,500 deadweight tons ordered from Oshima Shipyard of Japan since 2013…

ICTSI Wins Sudan Port Contract

Jul 15, 2018

Philippines-based International Container Terminal Services Inc. (ICTSI) said it has been chosen by the government of Sudan to handle the operations and management of the South Port Container Terminal (SPCT). In a disclosure to the Philippine Stock Exchange yesterday…

Cochin Shipyard Signs Contract With IWAI For Ten Ro-Ro Vessels

Jul 15, 2018

Cochin Shipyard Limited and Inland Waterways Authority of India has signed a contract for roll-on-roll-off (Ro-Ro) vessels. The contract, which entails design, construction and supply of Ten Ro-PAX and Ro-Ro Vessels, is worth INR 1.02 billion (USD 15 mln) plus taxes…

Sea Shepherd Says Endangered Blue Whale Killed in Iceland

Jul 13, 2018

An endangered Blue whale has been killed by an Icelandic whaling company Hvalur hf to be sold for export to Japan, a conservationist organization Sea Shepherd said. 'Sea Shepherd volunteers monitoring the Hvalur hf whaling station in Hvalfjordur…

Powering Ships with Plastic in Amsterdam

Jul 13, 2018

In the Port of Amsterdam, a new factory is being built that could revolutionize the way we dispose of plastic waste. Utilizing groundbreaking technology, the facility will use previously unrecyclable plastic to create fuel for diesel powered cargo ships…

Logistics News

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

CMA CGM Q1 Resilient, but Shipping Margins Tighten Amid Geopolitical Turbulence

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

EU Temporarily Suspends Fertilizer Duties Amidst Hormuz Crisis

Syria, CMA CGM to Operate Two Dry Ports

Syria, CMA CGM to Operate Two Dry Ports

Jon Oakey, Retired Port of Aberdeen CFO, Wins Finance Lifetime Achievement Award

Jon Oakey, Retired Port of Aberdeen CFO, Wins Finance Lifetime Achievement Award

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