Logistics Chain News

23 Feb 2020

Global shipping Hit by Coronavirus

Graph: BIMCO

Global shipping holds its breath as the coronavirus continues to spread and generates massive economic and financial uncertainty.Two weeks ago, BIMCO argued that ā€“ from an economic perspective - when China sneezes, we all catch the flu. Since the SARS outbreak in 2003, the global economy has become much more interlinked with China and the Chinese economy has grown to become the second largest in the world.While hard facts and reliable data are in high demand, they are in short supplyā€¦

24 Nov 2019

Belgium Players Join Forces Hydrogen Transportation

Pic: Port of Antwerp

The climate target to reduce CO2 emissions in Belgium by 80% by 2050 compared to 2005 levels is a major challenge. Hydrogen has an important role to play in the mix of solutions to achieve results.That is why Deme, Engie, Exmar, Fluxys, Port of Antwerp, Port of Zeebrugge and WaterstofNet are joining forces. A joint study serves as a basis to coordinate delivery of concrete projects that shape the production, transport and storage of hydrogen.In a hydrogen economy, hydrogen is an important carrier for renewable energy to be used for electricity and heat productionā€¦

11 Nov 2019

IMO Launches Compendium

Pic: International Maritime Organization (IMO)

Streamlining the many administrative procedures necessary when ships enter or leave port is an important element of International Maritime Organization (IMO)'s work.And now, an important tool used by software developers to create systems for exchanging the relevant data electronically has been made available by the Organization online and free of charge.The IMO Compendium is a reference manual containing data sets and the structure and relationships between them, that will enableā€¦

08 Nov 2019

Small Scale LNG Market to Grow by 6.81%

Cryogas-Vysotsk is Novatek's first small-scale LNG production project. Photo: Novatek

Global small-scale LNG market is expected to rise from its initial estimated value of USD 29.31 billion in 2018 to an estimated value of USD 49.66 billion by 2026, registering a CAGR of 6.81% in the forecast period of 2019-2026.Increasing demand for the LNG is the major factor for the growth of this market, said Data Bridge Market Research.The small scale LNG is especially used for the places where there is less production of LNG and they also donā€™t require large plants. They usually use tankerā€¦

10 Oct 2019

ONE SEA Adds Awake.AI to Autonomous Ecosystem

Karno Tenovuo, CEO, Awake.AI (Photo: DIMECC)

ONE SEA, an industry alliance bringing together leading exponents of autonomous ship technology, has made a significant addition to its growing membership, after signing up Awake.AI - a company led by an experienced team of maritime digital innovators.Awake.AI is aiming to create a new platform and ML models (Machine learning) based on transparent data sharing to break down the barriers between ships, ports and other actors in the maritime logistics chain. The ā€˜virtual infrastructureā€™ will be vital if ports are to handle autonomous ships successfully from pre-arrivalā€¦

03 Oct 2019

Yamal LNG Increases Asia-Pacific Shipments Via NSR

Image: Novatek

Russiaā€™s largest independent natural gas producer Novatek said that its operated Yamal LNG project has shipped 15 cargoes of liquefied natural gas (LNG) to Asia-Pacific markets directly via the Northern Sea Route (NSR) during 3Q19.The eastbound shipments represented about 25% of all LNG dispatched from Yamal LNG during the quarter. Planned 2019 volumes of LNG delivered eastbound to the Asian Pacific markets via the NSR will be increased by more than 4 times compared to last year.Aā€¦

26 Sep 2019

Georgia Mulls Maritime Single Window

Pic: International Maritime Organization (IMO)

The maritime single window enables all information required by public authorities in connection with the arrival, stay and departure of ships, people and cargo, to be submitted electronically via a single portal, without duplication.This system is recommended by IMO's Facilitation (FAL) Convention, to make cross border trade simpler.Officials from various port and shipping stakeholders involved in the stay and departure of ships in the ports of Georgia have had the opportunity to discuss and learn more about the maritime single window and electronic data exchangeā€¦

26 Sep 2019

British Ports Say More Funds Needed Post-Brexit

Richard Ballantyne (Photo: British Ports Association)

Following the announcement of the grant awards to certain English ports from the Department for Transport the British Ports Association has suggested further funding might be needed across the ports and logistics sectors in a no deal scenario.Commenting on the funding the British Ports Associationā€™s Chief Executive, Richard Ballantyne said: We welcome the funding but note that some English ports have missed out as well as those in other parts of the UK. Also we have asked the Government for funding for UK Border Force infrastructureā€¦

02 Sep 2019

BPA Welcomes Infrastructure Funding Scheme

British ports can apply for funding under a new UK government scheme to support infrastructure changes they may need to make in the event of a 'no-deal' Brexit. (Photo: Ā© Adobe Stock / dbvirago)

The British Ports Association has welcomed the announcement by the UK Government that there will be a new grants scheme for infrastructure modification at UK ports should there be a ā€˜no-dealā€™ Brexit but has stated a deal was the best way to avoid potential disruption at ports.The UKā€™s Department for Transport is to introduce its £10 million (about $12.17 million) Port Infrastructure Resilience and Connectivity Fund for English Ports scheme in the run up to the Brexit date of Octoberā€¦

28 Aug 2019

ICTSI in Talks with Honduran Govt

Photo:  ICTSI

The global port management company, International Container Terminal Services, Inc. (ICTSI) said that its Honduran unit  Operadora Portuaria Centroamericana (OPC) is in talks with the government of Honduras to improve the facilities at Puerto Cortes, Central America 4ā€™s (CA-4).Puerto Cortes, Central America 4ā€™s (CA-4) largest port operated by OPC, can expect faster cargo movement in and around the terminal with OPC beefing up its partnership with Honduran authorities for improved and more efficient port servicesā€¦

22 Aug 2019

Waterfordā€™s Tugboat Roundup Celebrates 20 Years

A modest event designed as a get-together for commercial workboat operators in upstate New York is now celebrating 20 years as a three-day community festival.On September 11, 1999, local resident John Callaghan had an idea to bring in some friends who ran tugs on the Hudson River and NYS Canal System for a quick one-day get together, right at the entrance to the famed Erie Canal. Callaghan, then a tug captain himself for the state canal system, brought in seven tugs and cooked several dozen hot dogs.

15 Aug 2019

APM Terminals Poti Begins 24/7 Operations

Pic: APM Terminals

APM Terminals Poti, the largest port in Georgia, has commenced the implementation of uninterrupted 24/7 operations to maximize berth utilization, increase efficiency and speed up vessel handling.The implementation of a flexible workforce management solution will take place in two phases. Phase one will apply to single berth occupancy. The workforce currently allocated to the free berth will be assigned to the operational berth to cover break times and support a smooth and uninterrupted workflow.The second phaseā€¦

09 Aug 2019

APM to Modernize Progreso Terminal, Mexico

Pic: APM Terminals

The international container terminal operating company APM Terminals announced that APM Terminals Yucatán, operator of the Port of Progreso, Mexico, will invest to expand and modernize the Progreso container terminal, supporting trade growth and economic development in the Yucatan peninsula.The Netherlands-headquartered the terminal has seen tremendous growth, having doubled its volumes from 80,000 to 140,000 TEUs throughput over the last two years, as the regionā€™s economic activities expand.

07 Aug 2019

Port Elizabeth Hosts US Customsā€™ 230th Anniversary

Pic: APM Terminals

APM Terminals Port Elizabeth terminal ceremony and US-flagged vessel Maersk Kinloss recognize the nationā€™s first vessel clearance performed by United States Customs officials, on August 5th, 1789.Standing in for the two-masted sailing ship Persis, which arrived at the Port of New York on August 5th, 1789 with a load of cargo from Italy, the 6,200 TEU capacity US- flagged Maersk Line, Limited vessel, Maersk Kinloss was the focal point for a commemorative ceremony honoring 230 years of service by US Customs at Americaā€™s seaports on August 5ā€¦

04 Aug 2019

Baltic Exchange, GeoSpock to Track Emissions

Richard Baker. Photo courtesy: GeoSpock

Cambridge-based data visualization company GeoSpock  is collaborating with the  Baltic Exchange to build the worldā€™s most advanced maritime spatial database."This digital initiative will have a specific focus on shipping emissions, enabling members and the wider maritime market to have unrivaled access to data insights and visualizations," said Baltic Exchange, which is a membership organization for the maritime industry, and freight market information provider for the trading and settlement of physical and derivative contracts.Baltic Exchange CEOā€¦

22 Jul 2019

APM Terminals Acclaims Maasvlakte II

Pic: APM Terminals

The APM Terminals Maasvlakte IIā€™s new rail service between the Rotterdam terminal and Venlo, a key logistics hub on the Dutch-German border has been a huge success so far, claimed the port operator.APM Terminals said that following the success of the initial five-times-per-week service, plans are already in place to scale this up to 14 times per week over the coming weeks. Venlo, a key logistics hotspot, was identified as an opportunity for the terminal following a gravity analysis involving key customers.

01 May 2019

Port of Baku Pact with European Logistics Hub

Port of Baku begins cooperation with leading European logistics hub. Photo: Port of Baku

The leading companies operating in the city of Venlo in the Dutch province of Limburg, which is one of the largest logistics and transport hubs in Europe, have started cooperation with Baku International Sea Trade Port CJSC.Last week, a Memorandum of Understanding was signed between the government of the state of Limburg, which includes the city of Venlo and leading companies with the Port of Baku.The Memo envisages cooperation with the government of the province of Limburg, companies Cabooter Groupā€¦

23 Apr 2019

GasLog, GasLog Partners Name COO Designate

Paolo Enoizi. Photo: Stolt-Nielsen

GasLog and GasLog Partners announced that Paolo Enoizi has been appointed as Chief Operating Officer (COO) Designate of GasLog and GasLog Partners.Paolo, who will be based in Piraeus, Greece, will take up his role in August 2019 and initially work alongside current COO Richard Sadler to ensure a smooth transition of responsibilities.On joining GasLog in August 2017 and in addition to his day-to-day responsibilities, Richard indicated his desire to work with the rest of the senior leadership team to identify a long-term successor for the COO role.

08 Apr 2019

EIC Made Compulsory in Ports

Pic: International Maritime Organization (IMO)

A new global rule mandated by the International Maritime Organisation (IMO) for national governments to introduce electronic information exchange (EIC) between ships and ports took effect from Monday (8 April 2019).The aim is to make cross-border trade simpler and the logistics chain more efficient, for the more than 10 billion tons of goods which are traded by sea annually across the globe, said a press note from the UN body.The requirement, mandatory under IMO's Convention on Facilitation of International Maritime Traffic (FAL Convention)ā€¦

14 Feb 2019

European Ports Hail EMSWe

Rapporteur Deirdre Clune. Photo: ESPO

The European Sea Ports Organisation (ESPO) welcomes the agreement reached on 7 February between the Parliament and the Council on the new regulation establishing a European Maritime Single Window environment (EMSWe).It said that with the new framework, which will repeal the current Reporting Formalities Directive, important steps are made towards reducing administrative burden and increasing the attractiveness of maritime transport. It provides for the creation of a EMSWe datasetā€¦

06 Feb 2019

Titan LNG, Fluxys to Build FlexFueler 002

Image: Fluxys

Belgium-based natural gas transmission system operator Fluxys and Netherlands-based Titan LNG have joined forces to build the FlexFueler 002, a bunkering pontoon to make liquefied natural gas (LNG) more widely available as shipping fuel in the Antwerp port and region.Shipyard Kooiman, Zwijndrecht, The Netherlands, was contracted to build the FlexFueler 002. The pontoon, which is scheduled to be commissioned by mid-2020, will measure 76.4 x 11.45 m and is equipped with four vacuum insulated type C cargo tanks of 370 cu. m. each, to carry liquid LNG.

27 Jan 2019

Dutch Ports Launches "Get Ready for Brexit"

Image: Port of Rotterdam Authority

The cooperating sector organisations in Dutch ports together with PortBase launched the campaign website www.getreadyforbrexit.eu that guides companies quickly through Dutch ports.According to a release from the Port of Rotterdam Authority, this enables exporters, importers and their logistics service providers to see at a glance what they need to do to transport their cargo quickly to the United Kingdom after Brexit.The website focuses on informing and activating parties in the logistic chain, such as importers, exporters, carriers and freight forwarders.

21 Jan 2019

Newcastle Port Becomes First EcoPort in Australasia

Pic: Port of Newcastle

Port of Newcastle has become the first port in Australia or New Zealand to commit to meeting global environmental and sustainability standards as set by EcoPorts.The port was this month granted membership of the International EcoPorts network, having completed rigorous assessments to benchmark its environmental and sustainability practices against 120 major ports across Europe, Asia, North America and South America.Developed in 1997, EcoPorts remains the only Environmental Managementā€¦

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