Logistics News

Eitzen tanker runs aground off SpainAug 13, 2009

An Eitzen Chemical tanker ran aground in Spanish waters on Tuesday morning. The Sichem Colibri grounded in the mouth of the Guadalquivir river Tuesday morning as it headed for Seville with a pilot on board, Tradewinds reported. According to a separate maritime source, the Sichem Colibri is a 2001-built 3,592 dwt double-hulled chemical/products tanker grou...

Russia joins search for cargo ship in English ChannelAug 13, 2009

Russian warships have joined the search for a cargo ship with a Russian crew which went missing two weeks ago off the coast of Portugal, Itar-Tass news agency reported on Wednesday. The Maltese-flagged bulk carrier, Arctic Sea, failed to arrive at the Algerian port of Bejaia on August 4 as planned and the last communication with it occurred on July 28. "...

GAC opens Logistics & Maritime Service Centre in RotterdamAug 13, 2009

GAC Netherlands has opened a Logistics & Maritime Service Centre to increase efficiency, improve customer services and bring its ship spares logistics and freight forwarding operations under one roof at Europe's busiest port. Situated in Pernis, Rotterdam, the new office and warehouse complex is strategically located at the heart of the port in the D...

UK’s Teesport completes phase one of expansionAug 13, 2009

PD Ports completed the first phase of expanding the container terminal handling facilities at Teesport on the UK’s northeast coast. The $3.3 million investment in the latest expansion program to further develop the facilities involved the relocation of the port’s Vauxhall car import compound to make some 10 acres of additional land available, ...

Port of Montreal H1 container throughput drops by 14.6 percentAug 13, 2009

Container cargo dropped by 14.6 percent at the Port of Montreal during the first half of this year, compared with the same period last year, largely because of the continuing American and Canadian manufacturing slumps. Containers handled dropped by 105,562 20-foot equivalent units or by 14.6 percent to 619,721 TEUs from 725,283 in the 2008 period, the Mon...

Trans-Pacific spot rates up 57 percentAug 13, 2009

The index of average spot prices for shipping a 40-foot container from Hong Kong to Los Angeles jumped by 57.4 percent in the week ended Aug. 9, signaling that freight rates on the trans-Pacific are on the rise.   The index climbed to $1,371, closing above the $1,000 mark for the first time since the week of May 9. It has been stuck firmly at $871 ...

NYK raises Trans-Atlantic rates as of Sept. 14Aug 13, 2009

NYK Line will implement a general rate increase for all dry and refrigerated containers to and from U.S. and Canadian ports to all port in Northern Europe as of Sept. 14. The planned increases are $250 per 20-foot container and $500 per 40-foot container. NYK said the GRI will apply to all cargo under NYK Line independent tariffs and service contracts. T...

Qatar Shipping H1 profit declines 58% to $43.6 million Aug 13, 2009

Qatar Shipping Co., a marine freight transportation company which plans to merge with Qatar Navigation, said first-half profit dropped 58 percent, without providing a reason for the decline. Net income fell to 158.6 million riyals ($43.6 million), or 1.44 riyals a share, from 375 million riyals, or 3.41 riyals, in the year-earlier period, according to a com...

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Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.

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Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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