Fratelli Cosulich Expands with Dublin Freight Office
Multi-faceted shipping group Fratelli Cosulich has expanded its freight forwarding business by opening an office in Dublin, Ireland. The move follows fast growth in its freight forwarding and NVOCC operations which operate from bases in Heathrow, Felixstowe, Izmir, Istanbul, New York, Shenzen and now Dublin. Fratelli Cosulich will move freight of all types by road, sea and air and expects its Dublin office to have balanced import and export traffic. The Dublin office details are: Fratelli Cosulich (Ireland) Pte 68 Applewood Village Swords County Dublin
Shipbrokers, Oil Brokerage House Form Freight Forwards
BraemarTankers Ltd., Galbraith's Ltd., E.A.Gibson Shipbrokers Ltd., PVM Oil Associates Ltd. and Seascope Shipping Ltd. have formed Global Freight Forwards Limited. The company has been created initially to broker forward freight swaps for the tanker market segment in key trade routes. Contracts have been devised to meet multi-client needs and in response to Owners' and Charterers' requirements for freight protection without taking physical delivery. Global Freight Forwards Limited will be supported by four of the leading London based shipbrokers with a global client base together with PVM Oil Associates, the foremost oil brokerage house, which brings its years of experience of screen and paper oil markets.
ISS Palumbo UK Acquires Union Transport
ISS Palumbo UK, part of maritime services provider Inchcape Shipping Services (ISS), has acquired U.K. freight forwarding specialist Union Transport (Newcastle) Ltd. The merger of the Union Transport business with ISS Palumbo and its worldwide network will enhance the combination of global project freight forwarding and integrated logistics ISS Palumbo offers to its customers, including ENI, SAIPEM and Air Products. Based in Newcastle, the combined new venture will have commercial and operational capability and be responsible for managing existing and future projects, as well as winning new business in the U.K. and internationally. Union Transport is established in project cargo freight forwarding and has excellent contacts for sea, air, trucking and agency services.
CMA CGM Acquires Stake in LCL Logistix
The CMA CGM Group informs it has taken a strategic stake in the 25-years old Indian logistics company LCL Logistix, via the group’s freight forwarding and logistics solutions subsidiary CMA CGM LOG. CMA CGM LOG said it reinforces its position in India and will leverage LCL Logistix’s Indian network as well as its presence in Canada, in the United States and in East Africa to accelerate its development. Thanks to this strategic stake, CMA CGM LOG expands both its product offering and its geographic coverage, including in emerging countries where logistics solutions demand is high. Created in 2001, CMA CGM LOG is the CMA CGM Group’s subsidiary specialized in freight forwarding and logistics solutions.
Crowley Merges Jarvis International Freight into Crowley Logistics
Business Unit to Now Offer Project Logistics and Global Freight Management Services to New Industries and more Geographic Locations. Crowley Maritime Corporation announced today that its recently acquired Houston-based, freight forwarding, export packing and logistics company, Jarvis International Freight, Inc., will transition into the company as a new branch of Crowley Logistics, offering project logistics and global freight management services to a wider array of industries and in more geographic locations.
DHL Expects Immunity in Price Fixing Investigation
Deutsche Post expects its DHL forwarding business to be granted immunity from prosecution and fines by Singapore antitrust authorities, who are investigating 11 companies for alleged price fixing, the German logistics company said. The Competition Commission of Singapore (CCS) said this month it was investigating 11 freight forwarding companies, including Deutsche Post unit DHL Global Forwarding, for alleged price-fixing of air freight forwarding services. Deutsche Post told Reuters last week that the probe related to pricing and surcharges in the forwarding industry from 2002 to 2007. Forwarders buy cargo space from airlines, shippers and truckers and bundle shipments for customers, such as carmakers, high-tech firms and agriculture firms.
Descartes Acquires Impatex
Descartes Systems Group, a global company uniting logistics-intensive businesses in commerce, acquired Impatex Freight Software Limited, a provider of electronic customs filing and freight forwarding solutions in the U.K. Impatex brings more than 200 freight forwarder customers to Descartes’ Global Logistic Network, with the majority of these in the U.K. By combining Impatex’s leading U.K. customs and forwarding solutions with Descartes’ global community of logistics participants and logistics management solutions…
Logistics & Forwarding at IBC Global Academy
Understanding the mechanics of the logistics chain has never been more critical than at a time when pressure on cost and efficiency is at a premium. Managing freight transport on a global basis, even in a downturn, combines specialist knowledge with an understanding of a broad range of disciplines. The IBC Global Academy is offering two courses on these critical functions, both delivered entirely by distance learning. The Diploma in Logistics Management 2009-2010 runs for 12 months, commencing August 25, 2009, featuring 11 modules covering core topics and practical requirements for planning, implementing and controlling the flow of goods and services globally.
Inchcape Teams Up With Palumbo
Maritime services provider Inchcape Shipping Services signs strategic partnership with offshore logistics & freight forwarder Palumbo S.P.A. to form ISS Palumbo. S.r.l. The new partnership combines ISS’s worldwide network with Palumbo’s core capabilities in providing offshore project logistics and freight forwarding solutions and enables ISS Palumbo S.r.l. to offer a unique global combination of agency, project logistics and freight forwarding solutions to customers in the growing offshore oil and gas energy sector.
Greencarrier Plots Energy and Projects Expansion
Greencarrier Shipping & Logistics AS said it is planning to expand its services to the oil and gas industry, appointing a new head of the energy and projects business unit and opening an office in Stavanger, Norway. The Scandinavian company, which offers the full range of freight forwarding and logistics services, has identified project forwarding and the energy industry as two of its main target areas for growth in 2014. Georg Skivik Moltu, who was previously head of oil & gas and projects in Northern Europe for Panalpina…
Baltic Exchange to Shutter Baltex
The Baltic Exchange will close its freight derivatives platform Baltex at the end of the year after a strategic review, the London-run business said on Monday. Baltex was launched by the centuries-old Baltic Exchange in June 2011 as the first central electronic marketplace for freight forward agreements, which allow investors to take positions on freight rates at a point in the future. Singapore Exchange completed its 87 million pound ($114.19 million) acquisition of the Baltic in November last year. Reporting by Jonathan Saul
Kim Pedersen Promoted at Geodis Wilson
Kim Pedersen, 47, has been appointed Executive Vice President of Geodis Wilson, heading up the Freight Forwarding Division. “In Kim Pedersen we have a person at the top of our freight forwarding activities who brings the capabilities, the experience and most importantly the right mindset to lead this important business unit of Geodis further into areas of strong and sustainable growth on a global scale”, says Marie Christine Lombard, CEO of Geodis. Geodis Wilson today generates more than 37% of the group’s revenue and increased its turnover in 2012 to 2,64bn € (2011: 2,39bn €).
Maersk Wins Shipping Line of the Year Award
Maersk Line has been awarded shipping line of the year 2007 by International Freighting Weekly (IFW) magazine. The winner was judged by a panel selected from IFW subscribers - a group of around 200 freight-forwarding and shipping executives. Maersk Line was chosen from the five finalists in this crucial category. This award demonstrates industry recognition of Maersk Line and its continuing improvements in customer service.
Softlink Bundles WIN Connectivity in Cloud ERP Logi-Sys
Softlink’s Cloud ERP platform Logi-Sys for freight industry now includes WIN connectivity, enabling users to communicate with other WIN-connected forwarders. Amit Maheshwari, CEO-Softlink, said, “WIN’s unique value proposition is connecting forwarding agents to their agent partners who use completely different systems. Softlink completed this integration and deployed it to a major customer, (TKPL - Tulsidas Khimji Pvt Ltd), with record speed becoming the First Freight Forwarding Solution on the market to be fully integrated with WIN. Cloud ERP platform Logi-Sys integrates air freight, sea freight, transport, containers, warehouse, PO and several other operations with specially designed financial system. Logi-Sys also provides online visibility to customers and agents.
Linfoot Named Regional Sales Manager, MOL Canada
MOL Canada Inc. announced that Travis Linfoot will take over as the new regional sales manager, domiciled in Vancouver, B.C. Linfoot will report to Tim Harrington, vice president, Canada and will focus on outside sales functions for Western Canada. Mr. Linfoot studied at British Columbia Institute of Technology (BCIT) in the Forum for International Trade Training (FITT) before joining Gillespie-Munro in 2003. His 11 years in the industry includes operations, management, and commercial responsibilities in Western Canada from within the freight forwarding, NVOCC, and liner business segments.
GAC to support Total E&P’s drilling project in S. Africa
Leading gas & oil company, Total E&P, has appointed GAC South Africa to provide shipping and logistics support for its drilling project off the coast of South Africa, which started in June this year. Total E&P is one of the first companies to drill for oil & gas in the country. GAC South Africa is drawing on the global reach and resources of the GAC Group, and its own local expertise and experience, to provide strategic freight forwarding solutions to safely move the drilling equipment needed for the project by air, sea and road.
Geodis Wilson Appoints Middle East Managing Director
Global freight management company, Geodis Wilson, said it plans to continue growing its Middle East network and has announced the appointment of Sascha Geiken as new Cluster Managing Director for the Middle East region. Sascha Geiken joined Geodis Wilson in 2009 as Managing Director of Geodis Wilson United Arab Emirates. In his new position as Cluster Managing Director, he will be responsible UAE, Qatar, Saudi Arabia and Bahrain. Sascha Geiken, who started his freight forwarding career in 1995, has many years of experience in the Middle East working for major logistics companies.
NOL Sells APL Logistics to Kintetsu
Neptune Orient Lines (NOL) has sold APL Logistics (APLL) to Kintetsu World Express (KWE) for $1.2 billion in a stunning deal that gives the Singapore-listed group a net gain of more than $900 million. The KWE Group considers the establishment of a management base that can compete on a par with European and U.S. competitors in the global market to be one of the Group’s management priorities. In its Medium-Term Management Plan, released in May 2013, the entire Group is engaging in these measures.
Wilhelmsen Ships Service Acquires Eurokor Logistics
Wilhelmsen Ships Service has signed a definitive agreement to acquire Eurokor Logistics, a ships agency, logistics and forwarding company based in The Netherlands and Belgium. This acquisition will further strengthen Wilhelmsen Ships Service’s logistics and agency operations in Central Europe, specifically by adding freight forwarding and barging to the customer offer in this area. The deal is set to close by 1 April. “Acquiring Eurokor Logistics is another step towards fulfilling our growth ambitions”, says Bård Bjørløw, VP Europe at Wilhelmsen Ships Service. “As a customer focused company, we are continuously adjusting our organisation to meet our customers’ needs.
Bothelo Joins Wilhelmsen Ships Service
Clarence Bothelo has been appointed as Ships Spares Logistics (SSL) Manager in the Customer Services Department at Wilhelmsen Ships Service for the Africa, Middle East and Black Sea (AMB) regions. Located at the company’s Dubai, UAE office, Clarence is responsible for driving the sales of Wilhelmsen Ships Service’s SSL offer in the AMB region and for building SSL expertise in Customer Services. Ships Spares Logistics is a service offered by Wilhelmsen Ships Service which has a single point of contact for managing the delivery of spare parts from manufacturer to vessel…
ISS Palumbo Earns New Accreditations
ISS Palumbo, the offshore project logistics and freight forwarding division of Inchcape Shipping Services, has strengthened its compliance credentials by achieving ISO 9001, 14001 and 18001 and Achilles FPAL accreditation, covering operations in Italy, the U.K. and Houston. Awarded by BVQI, the accreditation body responsible for setting standards and regulations in quality, health and safety, environmental protection and social responsibility, its ISO certification was achieved in December 2013, with Achilles FPAL certification being awarded a few weeks earlier. Achilles First Point Assessment Limited (Achilles FPAL) is a supply chain management community used by major buying organizations in the oil and gas sector.
SBS Worldwide Appoints New General Manager
SBS Worldwide appointed Mike Barber as General Manager – Manchester. He will help SBS continue building the full range of forwarding and supply chain services it offers in the north of the U.K. Mr. Barber has 40 years’ experience in the forwarding and logistics industry, most recently with the Geodis Group. He has particular expertise in the automotive and pharmaceutical industries, but has worked within many other markets to help customers develop more efficient supply chains.
Half of Hanjin Boxships Denied Port Access
Of 98 container ships, 44 blocked from ports. U.S. firms take legal action over unpaid bills. Roughly half of Hanjin Shipping Co Ltd's container vessels have been blocked from ports since the South Korean firm's collapse, putting manufacturers and their customers increasingly on edge about the fate of cargo and spikes in freight costs. Woes for world's seventh-largest container shipper have only deepened since its banks withdrew support and it filed for court receivership this week. One vessel has also been seized by a creditor in Singapore while firms in the U.S.