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Latest News - page 989

 

Addressing the Current Trucking Crisis

May 22, 2018

A long time coming, a growing trucking crisis is now certainly here. An important piece of the intermodal supply chain equation faces steep challenges in 2018, and beyond.Looking back at what has led us to our current trucking situation; it can be argued that “we saw this coming…

Piloting Shipping’s Fourth Industrial Revolution

May 22, 2018

Vessels today have the capability to gather information and data from a wide variety of sources. This data can inform the crew about the impact of acceleration on the hull, provide updates on lubrication use during slow steaming, and use dynamic…

New Generation of RoRo Vessels Unveiled

May 22, 2018

Naval architect KNUD E. HANSEN reports it has signed a contract with Chinese shipbuilder Nanjing Jinling Shipyard to develop the basic design of a number of large RoRo vessels, based on a Grimaldi/KNUD E. HANSEN concept.The new vessels, the first of which is expected to be delivered in 2020…

Gunvor, Oceangold and Maas Capital Form Tanker JV

May 22, 2018

A new ship holding company has been formed through a joint venture agreement between physical energy trader Gunvor Group, ship management company Oceangold Tankers and investor Maas Capital.The three partners hold an equal share in the new company…

First LNG Bunkering of Fure Vinga in Europe

May 22, 2018

On May 19, 2018, the new build chemical tanker “Fure Vinga” bunkered LNG for the first time in Europe, receiving 120 tons of LNG in a truck-to-ship operation in the port of Cartagena. In total, 6 trucks of LNG were brought to the Spanish port and transferred to the vessel…

Muted Capesize Activity Weighs on Baltic Index

May 22, 2018

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, fell for the sixth straight session on Tuesday, dragged down by lower demand for capesize vessels.The overall index, which factors in rates for capesize…

US Sorghum Ship Switches Destination from Spain Back to Asia

May 22, 2018

The RB Eden vessel carrying 70,000 tonnes of U.S. sorghum turned around just before reaching the Spanish port of Cartagena and is now heading to Singapore, Thomson Reuters Eikon ship-tracking data showed.This marks the second U-turn for the…

China and Shifting Seaborne Iron Ore Dynamics

May 22, 2018

The seaborne iron ore market appears to be in something of a sweet spot currently, with largely steady demand and prices that have been flatlining for the past couple of months.Of course, another way of saying that a market is enjoying relatively stable and good times is that it's boring…

Obituary: Hans Gerhard Kahn, Founder, Jumbo

May 22, 2018

Jumbo, the maritime heavy lift company, announced that its founding father, Hans Gerhard Kahn, passed away at the age of 95 (1922-2018).Kahn passed away on Friday 18 May in Caesarea, Israel. Kahn realized his dream of becoming a ship owner…

Kalmar to Help Borg Havn IKS Improve Productivity

May 22, 2018

Kalmar, part of Cargotec, has been awarded a contract for the automation retrofit of two Kalmar rubber-tyred gantry cranes (RTGs) by Borg Havn IKS, Norway. The order, which also includes a one-year maintenance and support agreement for the automation software…

Diana Containerships Sells m/v Puelo

May 21, 2018

Diana Containerships has announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party the 2006-built vessel “Puelo”, with delivery to the buyer by latest June 30…

Wabtec and GE Transportation to Merge

May 21, 2018

Wabtec Corporation has entered into a definitive agreement to combine with GE Transportation, a unit of General Electric Company. The combination will make Wabtec a Fortune 500, global transportation leader in rail equipment, software and services…

Protests at Santos Port Impacting Flow of Goods

May 21, 2018

Protests by truckers in Brazil demanding a reduction in diesel prices have impacted the flow of goods at Santos, Latin America's largest port, the port administration said on Monday.Santos port authority said the protests have restricted the arrival of goods to several terminals…

Mdawe Takes Over As TNPA COO

May 21, 2018

Nozipho Mdawe has been appointed as Transnet National Ports Authority (TNPA) Chief Operating Officer (COO), effective May 21, 2018. She takes over the role recently vacated by Phyllis Difeto and briefly held in an acting capacity by Moshe Motlohi…

Unda Named CEO of SENER Group

May 21, 2018

Jorge Unda, until now the Managing Director of the Engineering and Construction area of the SENER Group, has been appointed CEO for the entire Group, replacing Jorge Sendagorta, who previously combined the positions of President and CEO. Unda becomes the top executive of the company…

Logistics News

Singapore and Brazil to Develop Green and Digital Shipping Corridor

Singapore and Brazil to Develop Green and Digital Shipping Corridor

Contecon Manzanillo Ready for Ultra Large Container Ships

Contecon Manzanillo Ready for Ultra Large Container Ships

Great Lakes Ports and Shipyards Formalize Partnership

Great Lakes Ports and Shipyards Formalize Partnership

La Spezia Container Terminal Signs Contracts for Ship-to-Shore, Yard Cranes

La Spezia Container Terminal Signs Contracts for Ship-to-Shore, Yard Cranes

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Temasek supports Singapore Airlines' Air India Investment amid growing scrutiny
Brazil Budget includes $1.2 billion in capital investment for Correios
Russian Urals resumes VLCC shipping to Asia amid higher demand and freight rates