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Latest News - page 1237

 

DCLI Acquires Chassis from NYK Line

Feb 28, 2017

U.S. provider of intermodal marine chassis Direct ChassisLink, Inc. (DCLI) said it has acquired the approximately 11,000 chassis fleet of NYK Line (North America) Inc. that currently operates in pools managed by Consolidated Chassis Management…

C-Job to Open Rotterdam Office

Feb 28, 2017

Naval architecture and engineering firm C-Job will open new office facilities in Rotterdam, operational from March 1, 2017. The new office, which the company said will open in response to growing market demands as well as to attract new employees from a larger geographical area…

EU Shipping Needs Stronger Global Orientation -Study

Feb 28, 2017

The EU has an overall competitive regime in place for fiscal and social measures as well as quality registers and a strong skills base. This combination supports the current status of the EU as an attractive location for shipping activities…

Newbuild Suezmax Tanker Delivered to NAT

Feb 28, 2017

Nordic American Tankers Limited (NAT) said it has taken delivery of Nordic Space, its second Suezmax newbuilding tanker of 158,000 deadweight tons, built at Sungdong Shipbuilding & Marine Engineering Co., Ltd., South Korea.The Nordic Space has started on her maiden voyage…

Partners Ink Deal for Smart Reefer Containers

Feb 28, 2017

Kazakhstan Temir Zholy Express ( KTZE ), a provider of transportation and logistics for China's New Silk Road, and global supply chain visibility specialist Globe Tracker International (GT),  has announced the deployment of hundreds of intermodal GT Smart UNIT45 reefer containers…

Golden Ocean CEO Takes Comfort in Dry Bulk Order Book at 15-year Low

Feb 28, 2017

** Dry bulk shipper Golden Ocean's CEO Birgitte Ringstad Vartdal says industry now faces more positive outlook after market brutal downturn** Says demand is picking up, supported by increase in steel consumptions both in China and in the rest of the world…

Gulf Petrochem Bolsters its European Bunkering Division

Feb 28, 2017

Gulf Petrochem Group (GP) has strengthened its bunker trading team in Europe with the appointment of Maxime Cramer to the group’s Rotterdam office . He joins a team of bunkering traders headed up by Chris Todd in Europe’s largest bunkering port…

The Swedish Club Improves Offering to Charterers

Feb 28, 2017

The Swedish Club has launched a new addition to its portfolio, Rules for Charterers’ Insurance, which has been written to recognize the specific needs of charterers and to ensure that cover can be more easily tailor made to meet their individual requirements…

Hapag-Lloyd 2016 Profit Dips on Weaker Box Rates

Feb 28, 2017

FY operating profit down 66 pct and freight rates down 15.4 percent in 2016. Company says merger benefits, cost cuts help. German container shipping firm Hapag-Lloyd on Tuesday reported a 66 percent year-on-year fall in operating profit for 2016…

Partners to Develop Western Australia LNG Supply

Feb 28, 2017

Woodside and GE have signed an agreement to work together to support the use of LNG as a fuel in Western Australia.The agreement will provide customers with the option of seamless access to reliable LNG fuel supply and gas-fuelled transport and power generation solutions…

HII Graduates 184 Shipbuilders from Apprentice School

Feb 28, 2017

Huntington Ingalls Industries (HII) hosted commencement exercises on Saturday for 184 graduates of the company’s Apprentice School located at Newport News Shipbuilding. The ceremony was held at Liberty Baptist Church Worship Center in Hampton…

Oakland Port to See Cranes Going Higher

Feb 28, 2017

Up to six 366-foot-tall cranes will soon be raised 27-feet higher at the Port of Oakland. The port said the $14 million-to-$21 million project will begin this spring at its largest marine terminal. The objective: make it easier to load and unload megaships with containers stacked high above deck…

Portland Port, ICTSI to terminate Lease

Feb 28, 2017

ICTSI Oregon, Inc. and the Port of Portland have mutually agreed to terminate a 25-year lease agreement to operate the container facility at the Port’s Terminal 6. The agreement allows ICTSI Oregon to be relieved of its long-term lease obligations effective March 31…

Mexico’s APM Terminals Open for Business

Feb 27, 2017

APM Terminals Lazaro Cardenas, Mexico’s largest semi-automated terminal, received its first official vessel call today with the arrival of the 9,600 TEU capacity Maersk Salalah on the AC2 Transpacific service from Asia.“This is a milestone…

Socio-Economic Impact of EU Shipping Industry Remains Solid

Feb 27, 2017

The EU shipping industry directly employed 640,000 people and supported a EUR 57 billion contribution to GDP in 2015, says European Community Shipowners' Associations (ECSA) Adding supply chain and worker spending multiplier impacts, the…

Logistics News

Argent LNG, Albania to Evaluate Development of Import Terminal

Argent LNG, Albania to Evaluate Development of Import Terminal

WTO: Global Goods Trade Strengthens Despite Uneasy Politics

WTO: Global Goods Trade Strengthens Despite Uneasy Politics

Kuwait Petroleum Offers Oil, Refined Fuel Outside the Strait of Hormuz

Kuwait Petroleum Offers Oil, Refined Fuel Outside the Strait of Hormuz

Wheat Prices Rise After US Diplomatic Attempts Falter

Wheat Prices Rise After US Diplomatic Attempts Falter

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Enbridge, a Canadian company, will buy Tallgrass Crude Oil for $2.55 billion.
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