Elemica has signed a definitive agreement to acquire Stolt-Nielsen’s subsidiary Optimum Logistics Ltd. Under the terms of the agreement, Elemica will acquire the full technology platform and the ongoing business operations of Optimum Logistics. Elemica will integrate Optimum's technology into the current Elemica platform to launch a global ground, rail, container, and marine logistics solution for Elemica Network companies and will expand its Network to include logistics service providers, terminal and warehouse operators, and freight forwarders. Current Optimum Logistics' client, Lyondell Chemical Company vice president for supply chain, Jeffrey L. Hemmer stated, "One of Lyondell's supply chain objectives is 'touchless fulfillment'. Our desire is to establish a virtual enterprise where we collaborate with our business partners to optimize the overall supply chain. We worked extensively with Optimum Logistics to develop a marine logistics information solution and believe it has tremendous potential to become the leading multi-modal technology solution for the chemical industry."
Maersk Line wins 'Shipping Line of the Year' title at Supply Chain Asia (SCA) Logistics Awards 2012 in Singapore. The company was judged best in class among operators in the region – beating other finalists that included APL, Cosco, Hanjin, and Yang Ming. John Corris, Head of Regional Key Client Management, accepted the trophy from SCA on behalf of Maersk Line Asia Pacific Chief Executive Thomas Knudsen. “It is an honour for Maersk Line to win such an award
CG Railway, Inc., located in Mobile, Ala., operates the only rail vessel service in the United States market providing an alternate transportation mode between the U.S. and southern Mexico. Every four days, CG Railway provides a safe, fast and eco-friendly rail-ferry service transporting all types of rail cars to and from Mobile, Ala. and Coatzacoalcos, Veracruz. CG Railway’s direct service provides competitive rates with fast reliable transit
Leveraging the strength of Titan's 300-metric ton linear hydraulic pullers, Titan safely refloated the Monongahela, a decommissioned tanker ship on the James River in Virginia last week. The salvage team, led by Capt. Guy Wood, executed several test pulls on the tanker before last week's successful refloating to verify the holding power of the anchors being used and to help with the determination of refloating calculations
Middle East contract logistics market to sustain 6.9 percent average growth to reach over USD 3.7 billion in 2015; Barloworld Logistics intensifies growth plans in Middle East, anchored on integrated smart supply chain solutions. Barloworld Logistics, a provider of logistics and supply chain management solutions, has announced that it is intensifying its growth plans in the Middle East as the region’s contract logistics services market expects to sustain a 6
Continuing its strategic expansion abroad, ABF Global Supply Chain Services is now serving Europe and Turkey with ocean transport. The company provides a single contact for full-container-load (FCL) and expedited less-than-container-load (LCL) supply chain solutions. Previously, ABF introduced ocean service for countries throughout Asia, including India. ABF GSCS now operates with offices in Turkey, Germany, United Kingdom, France, Italy, Spain, The Netherlands, Belgium
Harrington Hoists, Inc., recently hosted a celebration dinner in honor of their 20th year anniversary as a wholly owned subsidiary of Kito Corporation. This relationship allowed the company, in a joint effort, to become the sole source for Harrington / Kito hoist and crane products in the United States and Mexico. Edward (Ned) Hunter, president and CEO of Harrington Hoists, Inc. presented a gift made from an original Harrington hoist dating back to the 1800’s to Yoshio Kito
DP World, UAE Region has been named Shipping Port of the Year for the third time at the prestigious annual Supply Chain and Transport Awards 2010 (SCATA). The award was presented to DP World, UAE Region, at a gala ceremony held at the Grosvenor House on Wednesday, June 2. The event was attended by several hundred supply chain industry leaders. Jebel Ali Port, which previously won the Outstanding Achievement and Port Operator of the Year Awards in 2007 and the Port Operator of the Year
Hutton’s, a UK-based ship supplier, has appointed a General Manager to work at its new head office in Hull, England. David Greenwood brings to Hutton’s a wealth of experience having been responsible for running international logistics and supply operations for almost 20 years. He has been responsible for start-ups, growth and change management and operations for companies such as UPS Supply Chain Solutions, Tibbett & Britten and Whitbread
Increased use of modularization in construction generates supply chain concerns Fabricating the large components of capital projects far from the final job site has a profound effect on the supply chain. Building these extremely heavy, out-of-gauge modules offsite and transporting them to their final destination relieves some headaches for project managers – but creates others. The current issue of Breakbulk Magazine examines the crucial roles that early planning and clear
Rolls-Royce has announced that it has won an order to provide design and integrated equipment packages for two UT 771 WP platform supply vessels to be built by Sinopacific Shipbuilding Group Co. Ltd (SINOPACIFIC), a shipbuilder in China. The contract incorporates MTU-engines as part of an
In a speech to be given at the TOC Container Supply Chain: Middle East Conference on December 9, Andrew Kemp, Regional Director EMEA of the freight transport insurance specialist TT Club will warn of the additional liability that freight forwarders and other logistics operators are open to as a
As Congress considers extending critical federal incentives for wind energy this month, leaders from the Virginia Offshore Wind Development Authority, the City of Norfolk, and the Virginia Ship Repair Association joined Environment Virginia to detail the economic and environmental benefits of
Epic Gas Ltd. says it has contracted Kyokuyo Shipyard Corporation in Japan to build two 11,000 cbm fully-pressurised gas carriers to be delivered in 2016. This latest order brings the total newbuild contracts for the year to eight fully-pressurised vessels
PPG Industries announced that Diane M. Kappas has been appointed vice president, Americas, for the protective and marine coatings (PMC) business, effective Dec. 1. The company also announced that Jane Valenta has been appointed to Kappas’ previous role of vice president, environment
Prosafe has agreed a Letter of Intent (LoI) with COSCO (Qidong) Offshore Co. Ltd. for the Engineering, Procurement and Construction of two semi-submersible accommodation vessels, with options for four further units. The pair will be the most advanced and flexible units for worldwide operations
Britain’s new global shipping port welcomes its first scheduled vessel, the ‘MOL Caledon’ from South Africa. After more than a decade of planning and construction across three square miles of development, DP World London Gateway deep-sea port is now open & operational.
Freight transport insurance specialist TT Club said it is continuing its efforts to reduce risk in the supply chain. Through constant analysis of the claims it receives, the international insurer has pinpointed an array of operational circumstances that more commonly cause dangerous incidents
Australia's NSW government will go ahead with the long-term lease of the Port of Newcastle, the world’s biggest coal export location by annual capacity for a reported figure of around $700m, reports the Australian Journal of Mining.
Lion Containers Ltd. announced that it has joined Achilles FPAL, the supplier management community supporting the European oil and gas industry. Achilles FPAL is a community used by major buying organizations within the oil and gas sector
COSCO Corporation (Singapore) Limited announce that contracts each in excess of US$200-million for two advanced semi-submersible accommodation vessels to be constructed in China have been declared effective. The accommodation rigs are to be built by COSCO subsidiary COSCO (Qidong) Offshore
The Netherlands Ministry of Infrastructure and the Environment, Rijkswaterstaat (RWS), has chosen Kongsberg Norcontrol IT to deliver a state-of-the-art RADAR surveillance system for the Volkeraksluizen, Europe's largest and busiest inland lock complex.
Leaders from key sectors of the Greater New Orleans region will meet on Tuesday, December 3, 2013 to address gaps in national domestic response capability by including regional best practices as part of a template to be shared by America's strategic military base and port communities
A student team fielded by the University of North Texas (UNT) won the Intermodal Association of North America’s (IANA) third annual Intermodal Challenge, earning national recognition for their university through IANA’s growing young professionals development program
Global marine and environmental risk assessor, RightShip, has been awarded the Australian Prime Ministers Exporter of the Year Award by the Hon. Tony Abbott MP at the 2013 Australian Export Awards in Melbourne. RightShip was established in 2001 to address the lack of accessible