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, 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.
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’
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 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
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 Clubs 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
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 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
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, with ambitious plans for more country openings in the coming year. As part of a strategic geographical realignment, Africa has now been designated by ISS as a specific region its own right
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. "We are pleased to be granted a permanent business license to operate our own agency in Myanmar. Since the European Union and United States eased sanctions in 2012
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)
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
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
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
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 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.
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.
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
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.
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
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
Components for industrial plants are regularly shipped on board Rickmers-Linie’s heavy lift multipurpose vessels, supporting supply chains for a wide range of industries. In November, Rickmers-Linie carried two coldboxes, which had been manufactured by Linde AG
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).
Despite the firming of broader demand fundamentals short-term, the Suezmax sector still faces more wild cards that other sectors in the years ahead, considers Poten & Partners in a recent Market Opinion from their Commodity Consulting & Analytics department. Excerpts follow:
Hawaiian Ocean Transport (HOT) say it has strengthened its core management team by hiring Julian Velez as its new business development manager. The company inform that as the new development manager, julian Velez will bring new perspectives and extensive knowledge from his 7 years of experience