Three global shippers, representing more than 350 million tons of ocean freight annually, have agreed to limit their ocean charters to only the high-end of fuel-efficient ships. A new agreement between the food giant Cargill, chemical developer Huntsman Corp., and the U.K. oil company UNIPEC shows a resolute approach to reducing carbon emissions […]
Stakeholders opposed to the privatization of the Port of Virginia turned out in large numbers Thursday at a public hearing in Norfolk, telling the Virginia Port Authority’s board of commissioners that the state’s existing operating company is already doing a good job growing cargo business and expressing concern that one of the bidders could steer […]
The Connecticut Deep Water Port Strategy Study, prepared by Moffatt & Nichol, said “despite its rich maritime history, the Connecticut ports and related maritime industries have not fared well in recent decades.”
Apple has moved away from its Google Maps partnership and launched its own Apple Maps, which has been such a problem that Apple’s CEO Tim Cook apologized, and has recommended users try services from its competitors instead.
UK Club is warning of increasing numbers of main engine failure related incidents and accidents following blackouts and says some may be caused by ships switching to low-sulfur fuel as they enter Emission Control Areas. The protection and indemnity insurer said “a significant number of these claims for third party property damage, many of which […]
Navigation and logistics software maker ALK Technologies has released the latest version of its PC*MILER|Rail software which includes better routing, mileage, and mapping software as well as 20 new carriers in North America. The PC*MILER|Rail 19 release also includes new updates to monitor and track rail changes and additions on a quarterly basis. […]
The shipping company MOL has reinstated its weekly NKX Asia-Indian Subcontinent service after splitting it into two loops called NCX and KPX in May 2011. The NCX and KPX services have been discontinued. The Singapore-based NKX will restart on Oct. 6 with the vessel MOL Direction departing Singapore. Both Samudera and OOCL who […]
The U.S. Food and Drug Administration, in partnership with international regulatory and law enforcement agencies, took action this week against more than 4,100 Internet pharmacies that illegally sell potentially dangerous, unapproved drugs to consumers. The actions taken include civil and criminal charges, seizure of illegal products, and removal of the Websites. This […]
The shipping lines of the G6 Alliance said they will begin offering a feeder service from German ports to Gothenburg. They said this will allow them to offer coverage during temporary winter suspension of their Loop 3 service. The Gothenburg Express service will have a rotation of Bremerhaven, Hamburg, Gothenburg and Bremerhaven. It […]
“Now at an all-time high for the United States, exports have become an increasingly important driver of activity at domestic ports and their surrounding real estate markets,” Jones Lang LaSalle said.
Drewry Maritime Research said some ship operating costs retreated in 2012, falling by up to 7 percent from 2011 levels, a year when operating costs rose 2 percent to 5 percent depending on vessel sector.
Crowley Maritime Corp. said it will merge Jarvis International Freight, a Houston-based freight forwarding, export packing and logistics company, into Crowley Logistics. Crowley acquired Jarvis in January 2011. Jarvis has offered specialized freight forwarding and logistics services for nearly 30 years to companies in the energy, oilfield and mining industries and will […]
The reaction of cargo owners toward an unresolved contract negotiation between longshoremen and maritime employers that could have led to a shutdown of East and Gulf coast container ports this week was more muted than their rhetoric suggested.
GE Capital said it is the lead agent on a $173 million U.S. and Canadian cash flow senior credit facility for subsidiaries of Rand Logistics, a provider of bulk freight shipping services in the Great Lakes region. The loan will be used to refinance current debt and provide growth capital. Through its […]
The New Zealand government and the Greek owner of the containership Rena reached a comprehensive financial settlement in respect to matters arising from the ship’s grounding on Oct. 5, 2011.
Stolt Nielsen said it had a net profit of $6.7 million in the third quarter ending Aug. 31, compared to $22.2 million in the same period a year earlier. Operating revenue was $516.4 million in the third quarter of this year.
Kewill has integrated its existing shipper services with Stamps.com to provide customers with easier access to domestic and international parcel services. Kewill Clippership, through Kewill’s iMailtoo module, now gives direct access to Stamps.com services for printing U.S. Postal Service shipping labels for all mail classes, including Media Mail, Parcel Post, and First Class Mail […]
The Mississippi Valley Regional Blood Center (MVRBC) is the launch customer for BloodHub, a new online ordering system and blood supply management solution. By deploying the BloodHub integrated blood supply service, the 85 hospitals served by the MVRBC will be able to order, track, and manage their blood and inventory of related products and […]
The U.S. government has charged 11 people and firms in Texas and Russia with illegally exporting high-tech microelectronics. The Justice Department said the electronic parts “are subject to strict government controls due to their potential use in a wide range of military systems, including radar and surveillance systems, weapons guidance systems, and detonation […]
Web host ViaWest is providing Infrastructure-as-a-Service (IaaS) to logistics software provider Cadre Technologies, so Cadre can help its customers outsource hosting and IT services. IaaS is the category of cloud computing that refers to Web-based access for storage and computing power on the cloud, typically giving the user options to increase server capacity and applications […]
