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People & Company News

 

Dachser to Build North Germany Transit Terminal

Aug 14, 2019

To accommodate Dachser’s consistent growth in the industrial goods and refrigerated foods sectors, the logistics solutions provider is investing $20 million dollars to build a new branch as well as a new transit terminal in northern Germany…

Kuebix Announces Rogers as CFO

Aug 14, 2019

Kuebix, a leading TMS software provider and creator of the largest connected shipping community, has announced the addition of John Rogers to the position of Chief Financial Officer on its expanding leadership team.Rogers is a seasoned executive…

West of England Strengthens NY Team

Aug 14, 2019

The West of England, a leading mutual marine insurer, has appointed a new Senior Claims Manager to work in its Americas team.Emily McCulloch joined the London office on the 7th August but will transfer to the New York City office before the…

BIMCO: US Soya Bean Exports - Up or Down?

Aug 14, 2019

The trade war has brought increased attention to the soya bean trade between the US and China with 2019 offering conflicting narratives. On one hand, soya bean exports to China in the first six months of 2019 are up 10.9% compared with the first half of 2018…

63 Begin Apprenticeship at Hapag-Lloyd

Aug 14, 2019

At the beginning of August, 63 young colleagues began their apprenticeship program at Hapag-Lloyd.Thirty of them are learning the typical seafaring jobs like ship mechanic, nautical officer or technical officer, while the other 33 are training…

ICE, Magellan to Offer Dock Capacity to Houston Oil Futures Customers

Aug 14, 2019

Intercontinental Exchange Inc and Magellan Midstream Partners LP said on Wednesday they would auction dock capacity at Magellan's terminals in Galena Park and Seabrook, Texas, for holders of ICE's Permian West Texas Intermediate (WTI) crude futures contracts…

Los Angeles Port Posts Strong July

Aug 14, 2019

For the fourth consecutive month, the Port of Los Angeles (PoLS) has set a new single-month cargo record. In July, the Port moved 912,154 Twenty-Foot Equivalent Units (TEUs), the busiest July in the Port’s 112-year history.A press release form PoLS…

Iberdrola Sells Stake in East Anglia One to GIG

Aug 14, 2019

Spanish public multinational electric utility company Iberdrola has entered into an agreement with Green Investment Group (GIG), part of Macquarie Group, to sell a 40% share in the East Anglia One offshore wind farm.The group will continue to be the majority shareholder…

ICTSI Posts Strong H1

Aug 14, 2019

Philippines-based international container terminal operator ICTSI has reported a massive increase in profit and a substantial increase in revenues for the first half of 2019.First half throughput rose 7% to 5.04 million teu and came on good revenues…

DFDS Cuts 2019 Outlook on Brexit

Aug 14, 2019

Danish international shipping and logistics company DFDS announced that the exceptional uncertainty on the outcome of Brexit is currently reducing UK trade and visibility.Uncertainties surrounding Brexit made the world's leading ferry operator…

Yang Ming Reports Net Loss of $41mln in Q2

Aug 13, 2019

Taiwanese ocean shipping company Yang Ming Marine Transport Corporation reported a consolidated revenues of about  NTD 40.4 billion (USD 1.3 billion) for the second quarter of 2019, up 20.24% compared to the same period of prior year.Business volumes increased by 5% year-on-year to 1…

Wallem Introduces Collaborative Inboxes

Aug 13, 2019

Wallem Group is introducing collaborative inboxes to its agency business line, in a move designed to enhance responsiveness in communications by overcoming the limitations of conventional end-to-end email. The rethink on how communication takes…

St. Croix Upgradess with New Lake Assault Boats Craft

Aug 13, 2019

The St. Croix County Sheriff’s Office in Hudson, Wisconsin, earlier this summer took delivery of a Lake Assault Boats rigid hull inflatable boat (RHIB). The new boat enhances the office’s patrol capabilities and water-based emergency rescue operations on a 27-mile stretch of the St…

Trelleborg's Automoor for Port of Tallinn

Aug 13, 2019

Trelleborg’s marine and infrastructure operation has been awarded a contract to install its rope-free automated mooring system, AutoMoor, at the Old City Harbor at the Port of Tallinn, which is the biggest harbor in Estonia and one of the busiest passenger harbors in the world…

New Shipbuilding Facility in Cape Town

Aug 13, 2019

Veecraft Marine, a wholly-owned subsidiary of Paramount Maritime Holdings and African-based global aerospace and technology company Paramount Group,  opened its new premises at a ceremony held in Cape Town. Veecraft Marine has manufactured more…

Logistics News

Ukraine Explores Using Baltic Ports for Grain Exports

Ukraine Explores Using Baltic Ports for Grain Exports

Few Countries Purchase Russian Wheat After Black Sea Trade Stalls

Few Countries Purchase Russian Wheat After Black Sea Trade Stalls

SGX, European Energy Exchange Offer Baltic Handysize Futures Contracts

SGX, European Energy Exchange Offer Baltic Handysize Futures Contracts

Supply Pressurei in Container Vessel Sector

Supply Pressurei in Container Vessel Sector

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Saudi Defence Fund accelerates maritime sector drive following Houthi Advance
Sources say that traders are pushing for lower prices for Venezuelan crude oil, as shipping costs have risen.
US: New air traffic control system won't cause disruptions