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Long Beach Publishes Study on Toyota Terminal Renovation

Jun 07, 2018

The Port of Long Beach has released its draft study examining a proposal by Toyota Logistics Services to reconfigure its facility at Pier B and build a renewable fuel-cell power plant and hydrogen fueling station.The study is an Initial Study/Mitigated Negative Declaration (IS/MND)…

Stena Line Looks to Cut Fuel Consumption Using AI

Jun 07, 2018

Stena Line has partnered with Hitachi’s European subsidiary to implement onboard artificial intelligence (AI) technologies engineered to minimize the shipping company’s fuel consumption costs and environmental impact.In recent years, Stena Line…

ST Engineering Appoints New Director

Jun 07, 2018

Singapore Technologies Engineering Ltd (ST Engineering) announced MG Ong Su Kiat Melvyn has been appointed as a non-independent non-executive director of the company with effect from June 8, 2018.MG Ong is currently Chief of Defense Force. He…

Baltic Index Up for Sixth Straight Session

Jun 07, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, rose on Thursday for a sixth straight session as rates across vessel segments saw gains. The overall index, which factors in rates for capesize…

Panama Maritime Authority Authorises Verifavia

Jun 06, 2018

Verifavia, the world’s leading emissions verification company for the transport sector (aviation and shipping), announced that it has become the first independent verifier authorised by the Panama Maritime Authority to conduct the International…

Diana Shipping Signs TC Contract for m/v Baltimore with Koch

Jun 06, 2018

Diana Shipping through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping, Singapore, for one of its Capesize dry bulk vessels, the m/v Baltimore.  The global shipping company specializing…

CMA CGM Signs MoU to Drive Digitalization in Shipping

Jun 06, 2018

CMA CGM’s Ze Box and PSA unboXed have signed a Memorandum of Understanding (MoU) to drive digitalization and innovation in the shipping and supply chain ecosystem.Ze Box is CMA CGM’s corporate venture capital arm that invests in startups with…

Montrose Port Receives $2 Mln Investment

Jun 06, 2018

Montrose Port Authority, a support and service hub for the energy industry, has received a £1.5 million ($2 million) Ports Mode Shift Grant from the Scottish Government.Following on from a period of significant investment for Montrose Port Authority…

LOC Names Cummins Energy Projects Development Director

Jun 06, 2018

International marine and engineering consulting firm LOC has appointed ex-Head of Engineering at BP, Ian Cummins as its new Energy Projects Development Director. Ian will focus on the oil and gas and renewables markets, and help to identify…

Cargotec Names Geber-Teir Senior VP, Communications

Jun 06, 2018

Carina Geber-Teir, M.Sc. will join Cargotec as Senior Vice President, Communications.She will be responsible for leading the communications, investor relations and sustainability function. She will be a member of Cargotec's Extended Executive Board and report to CEO Mika Vehviläinen…

Shell Launches New Engine Oil for Tugs and Fishing Vessels

Jun 06, 2018

Shell Marine is launching Shell Marine 40, an engine oil for use in high-speed diesel engines in the fishing and tug boat segments.Shell Marine 40 has been formulated to react to the combustion processes that take place in high-speed engines…

YM Efficiency Docks in Sydney after Losing 83 Containers at Sea

Jun 06, 2018

A Taiwan-owned cargo ship docked safely in Sydney on Wednesday after losing 83 containers off the coast of Australia during a massive storm which saw the ship battered by five metre (15 feet) swells.The YM Efficiency limped into Sydney with a container hanging halfway off its side…

Siemens Deepens Ties to China's 'Belt and Road' Push

Jun 06, 2018

Siemens has signed more than 10 cooperation agreements with Chinese companies as it seeks to benefit from deepening involvement with China's 'Belt and Road' infrastructure initiative, the German engineering group said on Wednesday.Siemens said the cooperation covers power generation…

Several Injured in Grain Silo Blast on the Rhine

Jun 06, 2018

An explosion at a grain storage facility in the eastern French city of Strasbourg seriously injured three people on Wednesday morning, emergency services said.It was not immediately clear what caused the blast, which set ablaze the silo located on the banks of the river Rhine…

EU Plans to Hit US Imports with Duties from July

Jun 06, 2018

The European Union expects to hit U.S. imports with additional duties from July, ratcheting up a transatlantic trade conflict after Washington imposed its own tariffs on incoming EU steel and aluminium.EU members have given broad support to…

Logistics News

Trump Says No Rush for Iran Deal, US Blockade Stays

Trump Says No Rush for Iran Deal, US Blockade Stays

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

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CMA CGM profits drop as Iran War weighs on shipping
Swiss sanctions against Russia and Belarus are in line with EU actions
Ships transporting Middle East oil and LNG leave Hormuz on their way to Pakistan and China