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
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
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
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
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
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
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
UTi Worldwide Inc., a global supply chain services and solutions company, together with its client, Ansell Limited, named Safmarine its "Partner of the Year" for 2013-2014 during their annual Ocean carrier performance review meeting in July
The International Maritime Bureau (IMB) is calling for vigilance in the maritime sector as it emerges that shipping and the supply chain is the ‘next playground for hackers’. IMB said, “Recent events have shown that systems managing the movement of goods need to be
During the second quarter, the overall industry reliability has improved. However, Maersk Line is pleased to have improved their performance so that they can continue to lead the industry on reliability. The midyear review of Maersk Line by maritime analyst SeaIntel shows an upward trend
CACI International Inc says it has been selected as a prime contractor to provide logistics support to the U.S. Navy’s Military Sealift Command (MSC) on the Worldwide Logistics Services (WLS) contract. The five-year (one base plus four option years) multiple-award indefinite
16855 Northchase Drive Houston, TX 77060 Tel: (281) 673-2945 Email: firstname.lastname@example.org Website: www.abs-group.com President & CEO: David Weinstein The Company: ABS Group provides a range of technical solutions to support safe
The largest piece of the turret for Shell’s Prelude Floating Liquefied Natural Gas (FLNG) facility has set sail from Dubai for the Samsung Heavy Industries shipyard in Geoje, South Korea, where the facility is under construction, informs Shell.
Good connections between seaports and the hinterland are vital for optimizing the logistic chain. The Port of Rotterdam Authority and the Bayernhafen Gruppe are therefore working together in the ‘Bayrolo’ research program. The aim of this cross-border project is to further improve
The UK’s first commercial 6 megawatt (MW) wind turbine has been installed at the Westermost Rough wind farm, in a new landmark for renewable energy. The next generation machine, designed by Siemens and erected by DONG Energy, is the first of 35 at the 210MW North Sea project.
Ports of Auckland, Napier Port and Icepak today announced the formation of a joint-venture to develop a new inland port and intermodal freight hub at Longburn, Palmerston North and to target Growth in Manawatu-Whanganui Region. Located on the site of the old Longburn freezing works owned by
Integrated wireless tracking, monitoring and management of refrigerated containers for intermodal transportation worldwide. Globe Tracker International (GTI), a company in global trade data sharing, autonomous asset tracking and monitoring and related data analytics
Havyard Group says that Kenneth Pettersen has taken over as Executive Vice President of its Ship Technology business area; details as follows: Kenneth Pettersen becomes Executive Vice President of Havyard Ship Technology AS, thereby becoming head of the business area and general manager of the
Ramco Systems has announced that it has been awarded a five-year contract from the Asia division of Vopak, the world’s largest independent tank storage provider, to integrate a part of its regional Human Resource functions into a single platform.
SBI Offshore Limited, which is pursuing higher-value oil and gas engineering projects, said today it has secured a $24 million contract to provide design and engineering services for a jack-up drilling rig that can operate in water depths of up to 110 meters.
CEVA Logistics, one of the world’s leading supply chain management companies, today announced the expansion of its Los Angeles (LAX)/Torrance freight management operation. One of the largest operations in CEVA’s global network
For the six months ended 30th June 2014, shipping services provider COSCO International has announced that its 2014 Interim Results show strong profit growth with Net Profit up 45% YOY. Results Highlights Strong profit growth: profit attributable to the equity holders surged