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."
CII-Institute of Logistics, as a part of its continuous endeavor in driving excellence and enable in sharing best practices in logistics and supply chain management organized the maiden Supply Chain And Logistics Excellence (SCALE) Awards on 21 & 22 May 2014 at Mumbai. The Award comprised 10 categories in logistics service industry and 4 in user industry. Awards list enclosed. R Dinesh, Chairman, CII Institute of Logistics Advisory Council
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
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
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
In another milestone in the development of its London Gateway Logistics Park, DP World has announced Buckingham Group has been awarded the contract to build the Common User Facility (CUF). Following a period of ground preparation and development of key infrastructure by DP World, Buckingham Group is now mobilising to start construction, with the new logistics centre planned for completion in Q1 2015. The 375
Global freight management company Geodis Wilson has announced the appointment of Mark Ness as new Global Industry Director – FMCG (Fast Moving Consumer Goods). Mark’s appointment reflects the importance to Geodis Wilson managing growth in the highly volatile FMCG – Retail vertical - a truly global market sector in constant flux, with ever greater product ranges, faster item turnovers, and an increasing demand for flexible, transparent and seamless supply chain management
CWind hosted a delegation of 20 businesses from the south east region of Northern Ireland on Tuesday this week. The delegation, led by Energy Connections NI and hosted by the East of England Energy Group (EEEGR) was in the area this week to see first-hand how businesses here have taken advantage of the supply chain opportunities on offer and exchange thoughts on the renewable energy sector with East of England experts.
According to the latest update, after approximately 30 hours of navigation, the Concordia has travelled 63 nautical miles at an average speed of 2 knots, informs the salvors' website 'The Parbuckling Project'. The convoy is located between Isola d’Elba and Corsica
The American Waterways Operators, a 350-member trade association representing the U.S. tugboat, towboat and barge industry, announced today that it joined the SmartWay Transport Partnership, an innovative collaboration between the U.S. Environmental Protection Agency and stakeholders in the
Leading integrated ship management service provider Thome Ship Management has become the first ship management company to join IMPA ACT, the responsible supply chain management initiative, launched by IMPA, International Marine Purchasing Association.
Abu Dhabi Ports Company (ABPC) says that general cargo moving through Abu Dhabi’s commercial Ports has increased by 37% this year. ADPC’s commercial ports (Musaffah, Khalifa and Zayed Ports) have handled 6.4 million FT (freight tonnes) of general cargo, compared to 4
Kito Americas, Inc. announced today that the company has entered into a stock purchase agreement to acquire Peerless Industrial Group from Westview Capital Partners II, L. P. by purchasing all the shares of Peerless Industrial Group, Inc. The share transfer of Peerless shall be executed subject to
International classification society Bureau Veritas has published a comprehensive set of guidelines on LNG Bunkering, with the aim of speeding adoption of LNG as a ship’s fuel by kick-starting the LNG bunker chain. Jean-Francois Segretain, Technical Director, Marine and Offshore Division
The International Bunkering Industry Association (IBIA) says it has appointed Stephen Hoare as its new events & membership manager at its Southampton office. The role involves developing the association’s conferences, seminars and dinner as well as growing its global membership base
Kenny Wood, now Assistant Rig Manager, Maersk Resilient, recalls on its 31st anniversary an accident in less safety-conscious days that seemed at first to have extremely serious consequences. Here he tells his story: "It’s that time of year when the golf invitations start to come in
APL today won the Best Trans-Pacific Shipping Line accolade at the 28th Asian Freight & Supply Chain Awards (AFSCAs). This is the third time in four years that APL has emerged as the preferred liner in this category, following wins in 2011 and 2012.
Peel Ports Medway signs 10-year deal with Volkswagen Group UK; new multimillion pound facility will generate 100 new jobs and add more than 50,000 car imports Peel Ports Group said it sees the automotive sector as a major growth opportunity and is working continually to provide vehicle
CEVA Logistics, one of the world’s leading global supply chain management companies, today announced the official opening of the City of Energy in the United Arab Emirates. The hub, which covers an area of 27,000 sqm of warehouse space and 10,000 sqm of yard space
Provider of electronic invoicing and settlement solutions for the shipping industry, PayCargo, LLC, says it has brought back its highly successful PayCargo Credit Program. PayCargo provides a global, online freight payment system that allows shippers
DNV GL and the wind turbine blade manufacturer Sinoma signed a partnership agreement for certification of Sinoma’s products to improve the reliability and quality of blades manufactured in China. Certification ensures that turbines that use blades produced by Sinoma comply to
Salvage going to plan, hulk due to depart July 21. Engineers were securing the final chains to the Costa Concordia on Tuesday, preparing the wrecked luxury liner to be towed away from the Italian island where it sank two and half years ago, killing 32 people.
The first day of the refloating operation of the Costa Concordia has concluded successfully. Confirming technician’s estimations, the wreck is now afloat thanks to the buoyancy given by sponsons, 2.2 meters off the false sea bed, and has been towed for about 30 meters eastwards