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Freight Forwarding

Inchcape Teams Up With Palumbo

Jan-Hein Dissel, Andrea Palumbo: Photo credit Inchcape

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. Palumbo, based in Italy, is an established operator in integrated project logistics with a proven expertise in the offshore and energy sectors.  ISS has over 290 offices  in 67 countries and the company’s diverse global customer base includes owners and charterers in the oil and gas energy, cruise, container and bulk commodity sectors, as well as naval, government and inter-governmental organisations.  Filippo Palumbo, the current MD of Palumbo will take on a new role as SVP Offshore Solutions within the ISS group to drive this new partnership forward. Commenting on the new joint venture, Andrea Palumbo, the Chairman of Palumbo said:  “I am very pleased with our new partnership which combines the global network of ISS with the capabilities of Palumbo in international logistics and shipment services, especially in the offshore sector


Kim Pedersen Promoted at Geodis Wilson

Kim Pedersen: Photo credit 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.


Sinotrans Group Joins CGLN

WCA Family announced that the whole of the Sinotrans Group of companies has joined CGLN. The Sinotrans Group is one of the oldest established freight forwarding companies in China and operates under the auspices of the Ministry of Commerce; the Group consists of over 24,000 employees operating at over 235 offices throughout the country, with 98 owned-operated vessels, owner-operated terminals, 56 own container yards and over 335 warehouse locations


GFI Group Conducts First "Matching" on EnergyMatch Europe Platform

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GFI Group Inc. has conducted the first matching* of dry freight forward freight agreements “FFAs” trades on its premier electronic platform EnergyMatch Europe. EnergyMatch Europe is GFI Group’s electronic trading platform for energy and commodities and the market leader for the trading of Dry Freight FFAs. The screen allows for trading in co-mingled markets (co-mingling is the ability to clear trades with different clearing houses) and provides customers with the choice of


Philip Brown appointed UK Managing Director for SBS Worldwide

Philip Brown, UK Managing Director

Philip Brown, who has worked in the logistics and freight forwarding industry for over 20 years, has been appointed UK Managing Director for SBS Worldwide.   Steve Walker , Group Chairman said ‘  This completes  our senior management appointments that will see our change from an A2B forwarder to a Supply Chain driven model, with Phil’s expertise allied with our consultative brand Virtualized Logistics leading the drive’


Baltic Exchange, LCH.Clearnet in Ship Tie-Up

London's Baltic Exchange and clearing house LCH.Clearnet are in talks about a tie-up over the Baltic's freight derivatives platform, the two groups said on Friday. Volumes have remained low on the loss-making Baltex multilateral trading facility since it started in June 2011. It is the first central electronic marketplace for freight forward agreements (FFA). "We are finalising arrangements with LCH.Clearnet, which clears about 70 percent of the dry bulk FFA market


Koch to Receive “2006 Person of the Year” Honor

The NY/NJ Foreign Freight Forwarders and Brokers Association announced that Christopher Koch, president and CEO of the World Shipping Council, will be honored as “2006 Person of the Year” at their annual dinner to be held in New York on January 25, 2006. This recognition is given to someone who demonstrates commitment, contribution and achievement in the international trade, transportation and logistics arena. “We are most pleased to have Mr. Koch as our 2006 honoree,” said Stewart B


Fratelli Cosulich Celebrates 150 Years in Shipping

Fratelli Cosulich is celebrating 150 years in shipping during 2007. The Euro600m turnover global group began as a shipowner in 1857 and today has diversified interests in shipowning, liner, tramp, yacht and cruise agency, ship management, bunkering, freight forwarding and NVOCC, travel agency, trading and IT. The group employs about 350 people in six offices in Italy and 10 offices abroad. There are subsidiary companies


TT Club Spots Innovation Trend in Logistics Sector

Insurance specialist in the global freight industry, TT Club, sees proliferation in technological capabilities & tailored supply chain processes. A long-term supporter of the British International Freight Association (BIFA) Awards, TT Club sponsored the 2012 European Logistics Award.  TT Club’s Development Director for UK and Ireland, Brian Sullivan was part of the judging panel that employed a stringent vetting process to find the winner, Delamode International Logistics


DSV Seeks Higher Levels of Managing Safely

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Freight forwarding and logistics company DSV said it understands the importance of operational excellence and 7 people from across the three DSV divisions have just completed an intensive health and safety course accredited by the Institute of Occupational Health & Safety (IOSH). The four day course, Managing Safely, covered all aspects of health and safety and included a final exam. Each participant also had to complete a written assignment back at their workplace.  


SSL to Provide Logistics for Kestrel Liner

Scandinavian Shipping & Logistics and Kestrel Liner Agencies are now working in partnership to offer a full range of logistics services between Scandinavia and the Caribbean and Latin America. Kestrel Liner Agencies has appointed Scandinavian Shipping & Logistics (SSL)


Myanmar Grants Maersk Permanent License

Photo courtesy Maersk

The A.P. Moller – Maersk Group has received a permanent license to operate container business activities in Myanmar. The business will encompass the three brands Maersk Line, MCC Transport and Safmarine and the agency in Yangon will be officially opened in May 2014.


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.  


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


Descartes Acquires Impatex

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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


Greencarrier Plots Energy and Projects Expansion

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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


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.


China COSCO Turns its Financial Ship Around in 2013

Image courtesy of China COSCO

China COSCO Holdings Co. Ltd, the country's largest shipper, indicates a profit turnaround in 2013 after suffering heavy losses for two consecutive years, reports Xinhau. According to COSCO's earlier, 2013, financial report, the Shanghai-listed company made cutting operational costs a major


Unithai Expands Shipping Services in Myanmar

Photo: Unithai

Unithai has signed a joint venture agreement with Chin Corp Myanmar to establish Unithai Chin Corp Logistics (Myanmar) Limited, a joint-venture company that will operate as UNICHIN, providing an entire range of shipping and freight-forwarding services in Myanmar.


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.


FMC Commissioner Doyle Announces China VAT Issue Webcast

 Commissioner William P. Doyle of the Federal Maritime Commission (FMC)

New explanation issued from China on definition of “agents” in Circular 106. Industry briefing scheduled for March 6, 2014 concerning the latest information on China’s Value Added Tax regime and its impact on the maritime industry.


ISS Appoints Mackay Senior VP, Africa

David Mackay

Inchcape Shipping Services (ISS), the world’s leading maritime services provider, has appointed David Mackay as Senior Vice President for its Africa region. Based in Mombasa, Kenya, David will have operational management responsibility for eight countries in the region


ISS Supports GoM Pipe Laying Project

Inchcape Shipping Services has successfully supported Saipem with a major pipe laying project in the Gulf of Mexico. Providing marine agency and logistics support for Saipem’s newest pipelay vessel Castorone during its first project in the Gulf


ISS Supports Offshore Operations for PGS

The ISS South Africa operations team will support PGS, a leading geophysical services company.

Inchcape Shipping Services (ISS) has secured a further nomination from one of their key accounts to support their operations in Sub-Saharan Africa.   Building on other recent successes in the region, ISS announced commencement last month of an offshore logistics and support contract for


Webcast to Address China VAT Reform Announced

FMC Commissioner William P. Doyle

China’s Ministry of Finance and State Administration of Taxation released Circular 106 last December, expanding its value-added tax (VAT) pilot program to additional industries. The circular also made significant updates to the VAT treatment of services related to the international






 
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