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Latest News - page 1244

 

Armitt Appoints Holden as Finance Director

Feb 13, 2017

The Armitt Group has appointed Paul Holden as its new Finance Director.Mr Holden has over 20 years’ experience in a series of senior financial management positions most notably as Finance Director at Dobson Crowther Ltd, a specialist print and packaging manufacturer…

India Can Save $33.3bln If Trade Moves near to Ports

Feb 12, 2017

India can save up to USD 28 billion in infrastructure spend and another USD 3.3 billion in transportation cost if 50 per cent of overall trade moves closer to ports by 2020, PTI said quoting an EY report. The EY report 'Knowledge Paper on…

Philippines-Indonesia Shipping Route Soon

Feb 12, 2017

The Department of Transportation (DOTr) announced plans to open a shorter shipping route between the Philippines and Indonesia, a move meant to strengthen trade relations between the two neighboring countries, reported  Manila Times. The…

Maersk Expects Healthier 2017 for Shippers

Feb 11, 2017

Bloomberg quoted Robbert van Trooijen, APAC CEO of Maersk Line, saying that the current year (2017) will be more profitable than the last.  Post-Hanjin, ocean freight customers now stressing stability and avoiding risk to supply chains…

IANA Introduces Resource Center

Feb 11, 2017

The Intermodal Association of North America has created a resource center, available on its website, to provide a wide range of information for prospective intermodal users and those who are new to the industry.The Intermodal Freight Resource Center offers educational tools…

Peterson to Develop New Port Cameron

Feb 11, 2017

International energy logistics provider Peterson is to partner with Port Cameron in Louisiana to develop a deepwater staging port and supply base facility serving the Gulf of Mexico. Peterson has signed a teaming partnership agreement with…

Diana Shipping Extends SwissMarine Charter

Feb 10, 2017

Diana Shipping , through a separate wholly-owned subsidiary, has agreed to extend the present time charter contract with SwissMarine Services S.A., Geneva, for one of its Capesize dry bulk vessels, the m/v Aliki. The global shipping company…

CMA CGM Improves India Middle East – East Africa Links

Feb 10, 2017

In line with operational excellence and operating cost discipline, CMA CGM Group wishes to share with you the changes concerning our 2 direct weekly services connecting India Middle East Gulf to East Africa strategic markets Starting February 20th…

Saudi-led Coalition Strikes Yemeni Port

Feb 10, 2017

The Saudi-led coalition has intensified air strikes on the Yemeni port of Hodeidah, possibly trapping civilians and hampering a humanitarian operation to import vital food and fuel supplies, the United Nations said on Friday. Earlier this week…

Winter Weather Delays Grain Movement to US Ports

Feb 10, 2017

Severe winter weather has slowed rail deliveries of crops to shippers in the U.S. Pacific Northwest, sending freight rates soaring and prompting Asian buyers to seek fill-in loads as they wait for the backlog at ports to clear. Blizzards…

Port of Indiana-Jeffersonville Handles 2.2 Mln Tons in 2016

Feb 10, 2017

More than 2.2 million tons of cargo were handled by the Port of Indiana-Jeffersonville in 2016, completing the highest three-year total in the port's history. Over 7.4 million tons have been handled at the port since 2014.  The 2016 total…

Damen Repair Yards Earn More ISO Certifications

Feb 10, 2017

A number of Damen Shiprepair & Conversion yards have recently or will soon achieve new ISO certifications as part of an ongoing initiative to standardize operating procedures across the group. Damen Shiprepair Amsterdam (DSAm) and Damen…

Cavotec Names Norin as New CEO

Feb 10, 2017

The Board of Directors of Cavotec SA has  announced that Mikael Norin has been appointed CEO of the Cavotec Group. Mikael Norin will join Cavotec on May 1, 2017 and will, after a transition period, assume full responsibility as CEO on July 1…

Nyheim, Wang Join Wilhelmsen as Vice Presidents

Feb 10, 2017

As part of reshaping the executive team, the Wilhelmsen group adds two senior vice presidents to its group management team. Mr Erik Nyheim will be responsible for Wilhelmsen’s investments in ships service (marine products and agency), safety products and solutions (Survitec)…

Hyundai Heavy Back in the Black

Feb 09, 2017

The South Korean shipbuilder Hyundai Heavy Industries (HHI) has reported a net profit of KRW 682.3 billion (USD 596.6 million) for the full year of 2016, returning from a loss of KRW 1.36 trillion (USD 1.18 billion) seen in the full year 2015…

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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Saudi Arabia says there is no danger following the Khamis Muhait alert amid clashes between Houthis and Houthis
Enbridge, a Canadian company, will buy Tallgrass Crude Oil for $2.55 billion.
Marine fuel supply squeeze eases as the market adjusts to prolonged Hormuz disruption