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Supply Chain Services News

15 Aug 2023

Wallenius Wilhelmsen to Order Four Methanol-Ready Vessels

Credit: Wallenius Wilhelmsen

Wallenius Wilhelmsen, the world’s largest RoRo vessel operator, has signed a letter of intent for the delivery of four 9,350 CEU methanol-capable and ammonia-ready vessels and individual options for an additional eight vessels. The four vessels will be delivered from mid-2026 and onwards by Jinling Shipyard (Jiangsu). “We are securing our position as our customers' first choice in shipping and delivering on our strategy to provide a net-zero emission free end-to-end service by 2027,” says Xavier Leroi, EVP & COO Shipping Services Wallenius Wilhelmsen.

25 Apr 2023

Maersk Stops Sudan Bookings Over Violence

©Peter Hermes Furian

Container shipping giant A.P. Moller-Maersk said on Tuesday it had stopped taking new bookings of goods for Sudan due to the ongoing clashes in the country.Maersk is monitoring the situation and looking for solutions to stabilise its supply chain services there, the Danish shipping company added."These current circumstances mean that we have stopped taking new bookings for now until the situation improves," Maersk said in a statement commenting on the situation in Sudan.(Reuters - Reporting by Essi Lehto, editing by Terje Solsvik)

28 Sep 2022

Savage Appoints Roberts as COO, Coler as CFO

(Photos: Savage)

Savage, a global provider of industry infrastructure and supply chain services, announced the appointments of Jeff Roberts as Executive Vice President and Chief Operating Officer (COO) and Tom Coler as Executive Vice President and Chief Financial Officer (CFO). Both appointments will be effective Oct. 1, 2022.“We’re excited to have Jeff Roberts step into a new role as COO, where his leadership abilities, enthusiasm, and commitment to our culture and strategy will help drive ongoing growth and operational excellence across the company…

19 Sep 2022

Eastern Pacific Shipping Orders Four LNG Containerships for Crowley Charter

From L-R: Fredrik Gloersen, MD Newbuilding Clasrksons; Thoger Bering, Charterting Containerland Chartering; Shin Hyun-Dae, Chairman, President & CEO HHI Mipo; Tucker C. Gilliam, VP Marine Assets Crowley; Dean Sahr, Manager of New Constructions and LNG Engineering Crowley; Thomas Preben Hansen, Commercial Director Containerships EPS; Capt. Gardiner F. Nealon, Director Crowley; Dan Kwek Manager of Sales & Purchase EPS; Sei Heung Won, SEVP Production Management Department HHI Mipo (Photo: EPS)

Singapore-based Eastern Pacific Shipping (EPS) said it has secured a contract from U.S.-based Crowley for the charter of four dual fuel liquified natural gas (LNG) powered containership newbuilds.The 1,400-TEU vessels, which will be built by South Korea’s Hyundai Mipo Dockyard for delivery in 2025, will be deployed on Crowley’s U.S.-Central America trade connecting U.S. markets to Nicaragua, Honduras, Guatemala and El Salvador. Each ship will feature 300 refrigerated unit plugs.Using LNG significantly lowers vessel greenhouse gas emissions…

17 May 2022

Liberty Green Creates Offshore Wind Consortium

Copyright Have a nice day/AdobeStock

Liberty Green Logistics LLC, (Lake Success, NY) formed an offshore wind supply chain consortium to provide "Factory to Farm" logistical support and integrated supply chain services to the U.S. offshore wind industry. The consortium is on a non-exclusive basis and available as a one stop shop for developers, OEM’s, and EPC contractors, providing services ranging across ports & terminals, vessels, and supply chain logistics. Since the inception in May 2021 Liberty Green has enrolled 17 consortium members…

08 Dec 2021

CMA CGM Buys Part of Ingram Micro in $3 Billion Deal

© sheilaf2002 / Adobe Stock

France's CMA CGM said it had agreed to buy most of Ingram Micro's Commerce & Lifecycle Services (CLS) activities in a deal valued at $3 billion, adding this was aimed at accelerating the shipping group's push into end-to-end logistics.CMA CGM, one of the world's largest container shipping lines, said it will finance the acquisition from its own funds and expects the transaction to close in the first half of 2022.The part of Ingram Micro's CLS business being bought specialises in logistics outsourcing for e-commerce and order fulfilment across sales channels…

08 Oct 2021

Crowley Opens Rhode Island Office to Support Offshore Wind Ops

Credit: Crowley

Crowley Maritime Corporation on Thursday opened a new Rhode Island office for its New Energy division, to advance the development and operation of offshore wind energy installations.The new office, the opening of which was announced by Crowley and Rhode Island Governor Dan McKee, is located at CIC Providence in the Innovation and Design District.Crowley's plan is to provide landside and marine logistics solutions during all phases of the offshore wind lifecycle to customers throughout the United States.

23 Mar 2021

Congestion at Brazil's Largest Port Leaves Traders Scrambling

© willbrasil21 / Adobe Stock

Soy and sugar traders are fighting for room in Latin America’s largest port, rushing to secure loading slots as the slowest Brazilian soy harvest in 10 years pushes the grains export window into the sugar season.Congestion was hitting Brazil’s Santos port just as consumers worldwide have been turning to top exporter Brazil for sugar and soybean supplies. The glut of shipments waiting to leave is boosting transport costs and will likely delay arrivals at destinations.Sugar prices hit a four-year high late last month, boosted by supply tightness.

16 Mar 2021

Crowley, ESVAGT Partner to Service the US Offshore Wind Industry

(Image: Crowley)

U.S.-based Crowley and Danish shipping company ESVAGT are teaming up to build and operate purpose-built, Jones Act vessels to support the emerging U.S. offshore wind energy market.As the U.S. offshore wind industry continues to gain momentum at pace, a large number of Jones Act compliant vessels will be needed to build, service and eventually decommission America's significant pipeline of to-be-developed offshore wind farms. The joint venture (JV) between Crowley and ESVAGT announced Tuesday brings together two leading maritime solutions providers to help address the current vessel shortage.

06 Jan 2021

Crowley Forms 'New Energy' Division to Focus on Offshore Wind, LNG

© halberg / Adobe Stock

Crowley Shipping announced Wednesday it has formed a New Energy division to focus on offshore wind and liquefied natural gas (LNG) services in the U.S. and adjacent regions.The Jacksonville, Fla.-based maritime transportation and services firm, a longtime supporter of the oil and gas industry, said many of its U.S.-flag vessel assets, engineering and logistics services could quickly and easily pivot to support the emerging energy sectors.“At Crowley, we have a strong company culture of environmental stewardship and sustainability in not only our own operations…

08 Jun 2020

TT Club Warns of Stowaway Risks

© olrat / Adobe Stock

Clandestine migration has been a problem for the transport sector across Europe for some time now. While more stringent border crossing checks have been imposed due to the current COVID-19 crisis, the risk to operators is not diminished. Furthermore, as the restrictions on movement begin to ease migration activity could be set to escalate warns international freight insurer TT Club.The smuggling of people has become a major issue in certain parts of the world. Political imperatives in target countries have led to stricter immigration restrictions and increased government action.

08 Jun 2020

Sugar Shipping Rush Causes Huge Vessel Logjam in Brazil

© Amarinj / Adobe Stock

More than 70 ships are lined up at Brazil's port of Santos to load sugar for export in a queue that may take a month to clear after buyers worldwide scrambled to get ahead of possible disruption caused by the ravages of the coronavirus pandemic.A large share of the global sugar trade turned to Brazil, which posted record output, and after poor harvests in India and Thailand. The South American nation now has, however, the second-most COVID-19 cases worldwide at more than 610,000.Three bulk carriers had loading operations suspended in recent weeks and faced a 14-day quarantine in Santos…

07 May 2020

Crowley Wins NATO Fuels Services Consulting Contract

(Photo: Crowley)

Crowley Solutions, a provider of energy, maritime, technology and supply chain services for the U.S. government, said it has been awarded a multi-year contract from NATO Support & Procurement Agency (NSPA) for global fuels services consulting.Crowley’s technical experts will be supporting and participating in a NSPA project management team (PMT), while assisting in planning and developing technical aspects of global fuel services requirements for Operational Logistics Support Partnership (OLSP) nations.

16 Mar 2020

Neptune Pacific Acquires Pacific Direct

Neptune Pacific Line, the provider of ocean freight services between Australia, New Zealand and Fiji, said that it has acquired Pacific Direct Line(PDL) from its Singapore based parent holding company, Pacific International Lines (PIL).The acquisition makes Neptune the new owners of all of PDL’s regional and Fiji based companies. The combined business will seamlessly link transport, warehousing, depots and customs clearance services and fully integrate customers’ supply chains across 18 South Pacific markets, it said in a press note."This purchase supports our long-term vision of creating the strongest and best regional network of shipping and logistics services in the Pacific Islands…

10 Oct 2019

DP World Becomes a Full Logistics Operator in Peru

DP World, a Dubai-based global port operator, announced that it has expanded its business in Peru into a fully-integrated maritime and logistics operation.It has completed the development of the first phase of the deepwater port of Posorja in Ecuador for around $538 million. The whole project is estimated to cost around $1.2 billion.The development of the port by DP World will make Ecuador a trade and logistics hub for South America’s west coast. It will also see large container ships with capabilities exceeding 10, 000 twenty-foot equivalent (teu) arriving at the port of Posorja.Sultan Ahmed Bin Sulayem, Group Chairman and CEO of DP World…

22 Jul 2019

Shepherd to Lead GE Gas Turbine Business

Kris Shepherd (Photo: GE)

Kris Shepherd has been appointed the General Manager of GE’s marine gas turbine business.Shepherd, based in Evendale, OH,  is responsible for the full lifecycle of all GE marine gas turbine programs, product management, engineering, marketing, supply chain, services, and commercial organizations.GE's marine gas turbine business serves commercial and naval customers worldwide and offers a suite of six propulsion engines to meet any mission profile with power options from 4.6 megawatts to 52.7 MW: LM500 (4.6 MW)…

22 Feb 2019

Crowley Christens LNG-Powered M/V Taíno

The ship, crew, terminal team and Crowley.

Event heralds new era of world-class supply chain service. Crowley Maritime Corp. christened the U.S.-flag combination container/roll on-roll off (ConRo) ship MV Taíno today in San Juan, where the company’s investments have ushered in a new era of world-class supply chain services in the U.S. mainland-Puerto Rico trade. Clara Crowley, daughter of Chairman and CEO Tom Crowley and board member Christine Crowley, served as the ship’s sponsor and broke the ceremonial bottle of champagne on the bow of MV Taíno at the company’s Isla Grande Terminal before several hundred employees…

19 Dec 2018

Crowley Takes Delivery of Second LNG-Powered ConRo Ship

Photo courtesy of Crowley Maritime

Crowley Maritime Corp. has taken delivery of Taíno – the second of two of the world’s first combination container/roll on-roll off (ConRo) ships powered by liquefied natural gas (LNG) – from shipbuilder VT Halter Marine Inc., of Pascagoula, Miss.Taíno will soon join sister ship El Coquí, which was delivered in July, in providing fast, reliable and environmentally friendly shipping and logistics services between Jacksonville, Fla., and San Juan, Puerto Rico. This major milestone marks the final chapter in construction of Crowley’s $550 million investment in the two newly built…

14 Nov 2018

A.P. Moller - Maersk Grows Across the Business

Photo: Maersk

In the third quarter of 2018, A.P. Moller - Maersk progresses in the strategic business transformation, reporting growth in both Ocean and non-Ocean with a total revenue increase of 31% to $10.1bn, 12% excluding Hamburg Süd. Growth in non-Ocean was at 15%, which now contributes 31% of total revenue. In addition, synergy effects were realized.“Well into our transformation, we are progressing with the integration of our business to better serve customers and unlock the full growth potential within Logistics & Services.

31 Oct 2018

CN Buys TransX

Canadian National Railway (CN) has signed a deal to acquire the Winnipeg-based TransX Group of Companies as part of its strategy to expands its North American intermodal supply chain services.TransX, one of Canada’s largest and oldest transportation companies, provides various transportation and logistics services, including intermodal, truckload, less than truckload and specialized services. The 55-year-old company will continue to be based in Winnipeg, Manitoba, and operate independently, CN officials said in a press release.“This strategic acquisition allows CN to deepen its supply chain focus, strengthening our exceptional franchise…

22 Oct 2018

Crowley Christens LNG ConRo El Coquí

El CoquĂ­ entering San Juan (Photo: Crowley)

Crowley Maritime Corp. on Saturday christened its Commitment Class combination container/roll on-roll off (ConRo) ship El Coquí, which is among the first of its kind to be powered by liquefied natural gas (LNG).The Jones Act compliant vessel is the first of two built as part of Crowley’s Commitment Class project and a key new component in the company’s supply chain transformation in the U.S. mainland-Puerto Rico trade. Sister ship Taíno is in the final phases of construction and testing at VT Halter Marine’s shipyard in Pascagoula, Miss.

19 Sep 2018

Maersk to Merge Damco, Ocean Product Units

(Photo: Eric Haun)

A.P. Moller-Maersk will merge Damco Supply Chain Services and Maersk Line's Ocean Product, the Danish shipping giant announced on Wednesday, as it seeks to offer customers the chance to deal with one firm when shipping goods across the world.The operator of Maersk Line, the world's largest container shipping company, kicked off a restructuring drive in 2016 that saw it sell its oil and gas business last year to focus on transport and logistics business.Maersk said its latest change would take effect on January 1…

27 Aug 2018

Cosco Shipping Ports Net Profit Soars by 70.1% for H1 2018

Cosco Shipping Ports (CSP), one of the world’s largest container terminal operators, said despite the the US-China trade war, as it posted a 70.1 percent jump in adjusted profit for the first six months ended 30 June 2018."2018 is a year full of challenges. Sino-US trade frictions, the rise of trade protectionism, geopolitical uncertainties and the upward trend of interest rates have the potential to place serious pressure on the development of global trade. Despite all these uncertainties, the growth momentum of global economy in 2017 continued in the first half of 2018," said a statement from CSP.Driven by sustained economic growth…