Dubai's DP World said on Thursday it had signed a preliminary agreement with Ethiopia's transport ministry to co-develop logistics infrastructure in the East African state along a trade corridor connected to Somali semi-autonomous region Somaliland…
Brazil's unit of U.S.-based grain trader Bunge announced on Thursday a partnership with logistics and technology provider Target for creation of a company focusing on the hiring of road freight digitally.The company will be called Vector, and…
Multimodal logistics company Samskip said it has added 1,100 containers to its fleet over recent months, further enhancing its capability to ship high value, temperature-controlled and perishable goods across the European markets and the rest of the world…
Finnish shipping company Finnlines has appointed Tom Pippingsköld as vice president and deputy CEO. In this new position Pippingsköld serves as the deputy to the president and CEO.Pippingsköld has been CFO of the ro-ro and passenger shipping operator since October 1…
Brazil's iron ore export revenues are set to surge 60% this year and displace soybeans as the country's number one source of foreign exchange earnings for the first time in six years, Brazil's Foreign Trade Association (AEB) said on Tuesday…
French carrier CMA CGM announced the reshuffling of its standalone EMED EXPRESS 2 – Intra Levant service set up, connecting Lebanon, Syria, Egypt and South Turkey effective as from mid May. The service will be extended to Iskenderun, Mersin and Damietta…
Argentina's Parana River, the grains superhighway that takes soy and corn from the Pampas farm belt to the world, has gotten so shallow that it has started 'trimming' international shipments just as the country's export season gets underway…
One of the United States' top oil export ports said it plans to build infrastructure for bunkering vessels fueled by liquefied natural gas (LNG).The Port of Corpus Christi Authority said it inked a memorandum of understanding (MOU) with Stabilis…
Denmark's Maersk said on Wednesday it expected its 'exceptionally strong' performance in the first quarter to continue for the rest of the year, driven by high demand for shipping containers from China to the United States.Maersk, which handles about one in five containers shipped worldwide…
Record high US seaborne exports of coarse grains in March of 9.2 million tonnes took total Q1 exports to 21.3 million tonnes. This is the highest ever first quarter on record and a 120% increase from Q1 2020.Of the total 21.3m tonnes exported so far this year…
Viking Life-Saving Equipment has acquired HydroPen, the company behind the unique HydroPen container firefighting solution. HydroPen, attached to a ship’s hose and raised on a telescopic arm by a single crew member, uses water pressure alone…
Swedish wave energy development company Eco Wave Power said Wednesday it was nearly done with the wall reinforcement works, meant to enable the installation of floaters on the sea wall of the Port of Jaffa, Israel.The works so far have included…
The U.S. trade deficit jumped to a record high in March amid roaring domestic demand, which is drawing in imports, and the gap could widen further as the nation's economic activity rebounds faster than its global rivals.Manufacturers lack the…
Columbia Shipmanagement (CSM) announced it has partnered with Norwegian ship owner and operator Seatrans AS to form a ship management joint venture.The company will be named Stödig Ship Management AS will become operational from the beginning of May 2021…
Puget LNG and GAC Bunker Fuels have signed a memorandum of understanding to cooperate in the supply of liquefied natural gas (LNG) marine fuel from Puget LNG’s terminal to GAC’s customers in the Pacific Northwest.When the Tacoma LNG Terminal becomes operational in the second quarter of 2021…
