Logistics

Gazprom Neft Starts Oil Production, Shipments from Iraqi Badra Field

  Russia's Gazprom Neft said on Monday it started commercial production and shipments of oil produced at its Iraqi Badra oil field. Gazprom Neft, the oil arm of state gas company Gazprom ,

No Sign of Ultra-Large Containership Mega Hubs: Analysis

Contrary to the views of some in the industry, Ultra Large Container Vessels are continuing to call at multiple North European ports per loop and are not concentrating on a mega-hub,

Clarksons PLC Perform Strongly in 1H 2014

Leading shipping services group, Clarksons PLC reports strong strong financial performance in the first half of 2014. Financial Results Clarksons increased revenues by 25% to £111.

Dentressangle Acquire U.S. 3PL Provider Jacobson

France's Norbert Dentressangle says it has completed the previously announced acquisition of all the shares of privately held U.S. third party logistics (3PL) provider,

Oil Train Regulation Passes in California

   California lawmakers on Friday passed legislation requiring railroad companies to tell emergency officials when crude oil trains will chug through the state.

Dool to Serve as Chair of SLSMC Board

The St. Lawrence Seaway Management Corporation (SLSMC) announced that Tim Dool has been named as Chair of the Board of Directors, effective September 1. Dool was

Bollore First Half Boosted by Transport, Advertising Unit

French industrial group Bollore said first-half operating income rose 11 percent to 314 million euro because of strength at its transport business and advertising agency Havas,

Iraqi Kurdistan Oil Shipments Reach 8.8m Barrels

Iraqi Kurdistan has shipped 8.8 million barrels of oil from the Turkish port of Ceyhan since May, Turkish Energy Minister Taner Yildiz said, as the autonomous region

CMA CGM Continues Expansion, Confirms Profits

The Board of Directors of CMA CGM Group, the world’s third largest container shipping company, met under the chairmanship of Jacques R. Saadé, Chairman and Chief Executive Officer,

Telemar to Supply Broadband for Herm. Dauelsberg

Telemar GmbH, the German subsidiary of the Telemar Group, closed an agreement with Herm. Dauelsberg for the supply of a complete “turn-key solution” for their fleet of 18 vessels.

International Boat Show Cruises into Cartagena Harbor

For the third year in a row, the Cartagena International Boat Show (CIBS) will set anchor at the Cartagena Convention Center where they expect to draw close to 5,

Cheaper Energy Cut Canadian Industrial Prices

Canada's industrial prices and raw material prices fell in July from June, in both cases because of cheaper energy, according to Statistics Canada data released on Friday.

Transneft Q2 Net Income up 20 pct

Russia's state-owned oil pipeline monopoly Transneft said on Friday its second-quarter net profit, attributable to shareholders, rose 20 percent year-on-year to 50.

China COSCO Flags 2014 Loss, Insists Market Improving

China COSCO Holdings Co Ltd said on Friday that it would be tough to escape a loss in 2014, but said the shipping market's outlook was improving in the second half.

Indian Coal Stocks Lowest Since 2012 Blackouts

State-run Coal India unable to meet rising demand; Fall in hydro power adding to grid problems. Half of India's thermal power stations have less than a week's supply of coal on hand,

Thailand Stops Petroleum Exports

Thailand's military government has asked oil and gas producers to temporarily stop exports of petroleum products, as it wants to focus on the domestic market and

DP World 1H 2014 Profit Soars

Global marine terminal operator DP World releases strong financial results from its global portfolio of marine terminals for the six months to 30 June 2014, delivering

ISS Celebrates ISO Accreditation in M.East and Africa

Inchcape Shipping Services (ISS), the world’s leading maritime services provider, is celebrating the awards of ISO 22000:2005 – Food Safety Management System and

Nine Share in US$6-B DoD Contract Modifications

The US Department of Defense informs that nine companies have each been awarded indefinite-delivery/indefinite-quantity fixed-price option-year two modifications

Info-X Invests in $5m Headquarter Expansion

Transportation solutions provider capitalizes on outsourcing trend Info-X Software Technology, provider of software solutions and back-office support to U.S.

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