Latest News - page 1162

 

CMA CGM Rolls Out Asia-West Coast South America Offer

Mar 23, 2017

CMA CGM has  announced the launch of the new service offer between Asia and West Coast South America, the most comprehensive offer on the market between these two strategic areas.CMA CGM will now offer to its clients:- 4 direct weekly services…

CMA CGM Reshuffles Asia to Indian Sub-Continent Service

Mar 23, 2017

CMA CGM has announced revamping of dedicated services to Indian Sub-Continent including India West Coast, Pakistan, and Sri Lanka (CIMEX 2N, CIMEX 2CS, and CIMEX 2K) as from mid April 2017 ex Asia. CIMEX 2N [FI3 consortium]: Rotation :…

First Coast Guard Ancient Tridents Named

Mar 23, 2017

U.S. Coast Guard leaders and guests joined together Thursday to recognize Rear Admiral Linda Fagan and  Master Chief Petty Officer Richard 'Shane' Hooker, the first Ancient Tridents, at the Ancient Trident Ceremony held at the Alexander Hamilton Custom House…

Doyle Urges 2M Partners to Honor Their Commitments

Mar 23, 2017

Commissioner William P. Doyle of the U.S. Federal Maritime Commission (FMC) calls for honoring commitment to shipping public, American businesses and consumers. In mid-December 2016, Maersk Line announced that, together with its 2M Alliance partner Mediterranean Shipping Company (MSC)…

Crowley’s New STS Cranes Arrive in San Juan

Mar 23, 2017

Three new ship-to-shore cranes that were constructed in Ireland were delivered to Crowley Puerto Rico Services’ Isla Grande Terminal in San Juan on Wednesday. The cranes are a key element of the $130 million Crowley is investing in infrastructure improvements to its Isla Grande Terminal…

Baltic Index Inches Up on Firmer Panamax Rates

Mar 23, 2017

The Baltic Exchange's main sea freight index, tracking rates for ships carrying dry bulk commodities, edged up on Thursday as panamax rates increased.The overall index, which also factors in rates for capesize, supramax and handysize vessels…

Nakilat Transitions LNG Mesaimeer to In-house Management

Mar 23, 2017

Nakilat has assumed full ship management and operations of Q-Flex LNG carrier Mesaimeer from STASCo (Shell Trading and Shipping Company Ltd.) with effect from March 23, 2017, as part of the planned and phased transition announced on October 19…

Top LNG Buyers Form Alliance to Push for Flexible Contracts

Mar 23, 2017

The world's biggest liquefied natural gas (LNG) buyers are clubbing together to secure more flexible supply contracts in a move that further shifts power to buyers rather than producers. Korea Gas Corp (KOGAS) said on Thursday it had signed…

Rotterdam Port Signs MoU with Brazilian Port of Pecém

Mar 22, 2017

Port of Rotterdam signs a ‘memorandum of understanding’ (MoU) with the State Government of Ceará with the purpose to jointly study a potential cooperation. This may lead to the joint venture Industrial Port Complex of Pecém. The MoU is…

Mumbai Harbour Channel and JN Port Channel to Expand

Mar 22, 2017

The Cabinet Committee on Economic Affairs, India chaired by the Prime Minister Narendra Modi here on Wednesday approved fresh estimates of the project Deepening and Widening of Mumbai Harbour Channel and JN Port Channel (Phase-II). The…

Libyan Oil Output Rises after Port Fighting Ends

Mar 22, 2017

Libya's oil production has reached 700,000 barrels per day (bpd), the National Oil Corporation (NOC) said on Wednesday, recovering from a drop earlier this month caused by fighting at two key oil ports. 'We are working very hard to reach 800…

Optimistic Ports Outlook for 2017 Great Lakes-Seaway Season

Mar 22, 2017

While the first-half of 2016 was tough for many due to global economic conditions, a strong fourth quarter has spurred optimism as the 2017 shipping season gets underway with this week’s opening of the Great Lakes – St. Lawrence Seaway system…

Shell Signs 3-year Contract to Lease Oil Tanks in Panama

Mar 22, 2017

Oil company Royal Dutch Shell has signed a three-year contract to lease storage tanks at a large terminal in Panama that had been used by U.S. refining company Tesoro Corp, sources involved in the deal told Reuters.The facility, designed for storage and transshipment of crude oil to tankers…

Alliance Reshuffle Could Limit Freight Forwarding Options

Mar 22, 2017

iContainers, the 100 percent online freight forwarder, says that the new shipping alliances set to come into effect next week will lead to a shortage of options for freight forwarders. Starting April 1st, the previous four alliances will be regrouped to three - THE Alliance…

Tendering ‘Turned on Its Head’ by PLS's GPM Excel Extension

Mar 22, 2017

Portrix Logistic Software (PLS) has created a bespoke Excel extension for its market leading Global Price Management (GPM) package, transforming the process of logistics tender management. With the new extension, christened Tender Assistant…

Logistics News

VLCC Charter Rates Soar - “We are in unprecedented times" say CEO

VLCC Charter Rates Soar - “We are in unprecedented times" say CEO

MV Isle of Islay Begins Maiden Voyage to Scotland

MV Isle of Islay Begins Maiden Voyage to Scotland

Port of Los Angeles Selects Pacific Cruise Terminals Developer, Operator of Two Cruise Centers

Port of Los Angeles Selects Pacific Cruise Terminals Developer, Operator of Two Cruise Centers

Associated Terminals takes a Pair of All-Electric Cranes

Associated Terminals takes a Pair of All-Electric Cranes

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