Ports of Indiana Launches New Ohio River Terminal Operator
Ports of Indiana has introduced a new venture called Indiana River & Rail Terminals, creating the largest general cargo operation along the Ohio River. This initiative will oversee all general cargo facilities at the Jeffersonville and Mount Vernon ports, encompassing six docks, six warehouses, and several rail transload facilities. It will also provide logistics services to over 40 clients across the extensive 2,200 acres of port land.Positioned within the greater Louisville and Evansville metropolitan areas…
DP World Moving Forward with $1.3 Billion UK Port Investment
Port and logistics firm DP World is going ahead with a 1 billion pound ($1.3 billion) investment in its London Gateway port, Britain's government said on Sunday after reports last week that the company had paused the project in protest.In what had been an embarrassment for the government before a major investor conference, Sky News reported on Friday that DP World had put the planned investment on hold after two ministers criticized practices at its subsidiary P&O Ferries.DP World declined on Friday to comment on the reports.On Sunday…
Baltic Sea’s First Green Freight Corridor Opens
The Baltic Sea's irst green freight corridor has been launched, allowing for the transportation of Felix ketchup to Finland with a 90% reduction in emissions. This initiative, a collaboration between Orkla Suomi, Scandic Trans, and Viking Line, features a scheduled freight service powered by biofuel.Since July, Felix ketchup, produced by the Orkla Group in Fågelmara, has been shipped to Finland using biofuels. The process begins at the largest ketchup factory in the Nordic region, where Scandic Trans trucks transport the product to Viking Line’s terminal in Stadsgården, Stockholm.
PMSA’s Michele Grubbs Joins CII Board of Directors
Michele Grubbs, vice president at the Pacific Merchant Shipping Association (PMSA), has been elected to the Board of Directors of the Containerization & Intermodal Institute (CII), a not-for-profit organization committed to supporting and promoting the business of international trade and the intermodal transportation community.Grubbs has been with PMSA since 2004, overseeing its Long Beach office. PMSA, an independent nonprofit association, represents ocean carriers, marine terminal operators, and the maritime industry on the U.S. West Coast.
Ships Docked as Striking Greek Workers Protest Over Rising Costs
Thousands of Greek striking workers, students and pensioners marched through central Athens on Wednesday to protest over wages which they are not enough to cope with rising living costs.Ships remained docked at Greek ports and train services were halted as transport workers joined the nationwide strike by private sector union GSEE, Greece's largest.City transport was also disrupted as bus and taxi drivers halted operations for a few hours.Protesters marched to parliament around noon.
CMA CGM Caps Logistics Push with $5 Billion Bollore Deal
France's CMA CGM has completed a $5 billion takeover of Bollore Logistics, its biggest-ever acquisition, and said it had funds for more deals as it seeks to counter volatility in container shipping.The acquisition of the logistics division of French conglomerate Bollore, announced last year, closed on Thursday at a final price of 4.85 billion euros ($5.25 billion) after debt and cash adjustments.The deal will extend the reach of CMA CGM's CEVA Logistics unit into areas such as freight management for pharmaceutical, cosmetics and luxury firms.CMA CGM, based in Marseille and privately controlled
Herculaneum Port Site Cleared for Redevelopment as Intermodal Hub
A 300-acre property along the Mississippi River in Herculaneum, Missouri recently received Port District zoning making way for redevelopment as an intermodal transportation hub and industrial park.Located on the shipping lanes of the Mississippi River, the site has been utilized since the 1700s as a port. With its easy access for barge loading and offloading and the site’s proximity to early lead mines in adjacent Washington County, under early French ownership the port was utilized to ship lead cannonballs and shot to Europe to support Napolean’s army.
Port of Antwerp Disrupted by Belgian Farmers' Protests
Operations at the port of Antwerp, one of Europe's biggest container ports, were seriously impacted on Tuesday as hundreds of farmers on tractors blocked the roads around the port to demand better pay and working conditions, officials said.The protest follows a large number of similar actions by angry farmers in France, Belgium, the Netherlands and beyond, as farmers also demand looser environmental rules and better protection against cheap imports."Operations are heavily disrupted," Stephan Van Fraechem, the director of the association of port companies Alfaport VOKA, told Reuters.
NYC Exploring Ways to Move More Freight Via Waterways
New York City is looking at ways to help shift freight transportation off of its busy roads and onto the waterways.The city's Department of Transportation (NYC DOT) and Economic Development Corporation (NYCEDC) on Wednesday jointly released a Request for Information and Expressions of Interest (RFEI) seeking private sector feedback to help it gauge industry challenges and opportunities, and explore ways to implement and support businesses to engage in waterfront freight operations.The initiative is part of NYC's "Blue Highways" program, launched under the city's previous mayor, Bill de Blasio.
Coastal Shipping Can Help Cut NZ’s Freight Transport Emissions
A shift to coastal shipping and rail could cut NZ’s freight transport emissions – why aren’t we doing it?According to a recent study, coastal shipping produces a fifth of the carbon emissions (well-to-wheel) of road freight. Rail also performed well, with about a quarter of trucking emissions.Despite this, trucking accounts for nearly 80% of New Zealand’s heavy goods transport, and a 94.5% share of the total emissions from heavy freight transport.The dominance of trucking follows the expansion of the road network…
Crowley Launches Multimodal Service Between Mexico, US and Canada
Crowley announced it will launch an end-to-end, integrated ocean and rail service between Mexico and the U.S. Midwest region and into Canada. Featuring Crowley’s new Mexico-U.S. ocean route in the Gulf, the service will leverage the inland rail network of Canadian National Railway Company and its U.S. rail subsidiaries (CN). The companies’ combined network provides broad reach across the Midwest and into Canada to increase solutions for global customers in North American market…
CMA CGM Offers $5.5 Billion for Bollore Logistics Unit
French shipping group CMA CGM is offering 5 billion euros ($5.48 billion) for the logistics unit of Bollore, the family-run conglomerate said on Tuesday.For Bollore a deal would mean cutting ties with its biggest business while offering cash-rich CMA CGM a chance to bolster its bid to offer end-to-end transportation services and supply chain management.The business posted more than 7 billion euros in revenue last year and has 15,000 employees.News of the indicative offer, made on a cash free and debt-free basis, boosted Bollore's shares.Bollore disclosed it following a report in shipping publi
London to Trial Shipping Light Freight on the River Thames
A group of partners aiming to boost efficiency and sustainability for transporting goods in and around London has come together to trial shipping light freight on the River Thames.The non-profit Cross River Partnership (CRP) recently launched the London Light Freight River Trial, London’s first daily, multi-supplier, river freight trial, as part of the Defra-funded Clean Air Logistics for London project. The group has been working with the Port of London Authority (PLA), Lyreco UK & Ireland…
Nigeria Opens 'Game Changer' Billion-dollar Deep Seaport
Nigeria opened a billion-dollar Chinese-built deep seaport in Lagos on Monday, which is expected to ease congestion at the country's ports and help it become an African hub for transshipment, handling cargoes in transit for other destinations.President Muhammadu Buhari has made building infrastructure a key pillar of his government's economic policy, and hopes that this will help his ruling party win votes during next month's presidential election.The new Lekki Deep Sea Port is 75% owned by the China Harbour Engineering Company and Tolaram group…
Jørgen Wisborg Named Blue Water Chairman
Jørgen Wisborg has been named chairman at Danish-headquartered transport and logistics group Blue Water, taking over from the company's founder and longtime head Kurt Skov.In September last year, Skov announced plans to find his successor, making it possible for him to slow down his work activities.Wisborg joins Blue Water after 17 years as managing director for the Danish energy company OK, where he stepped down last year to focus entirely on board positions. He holds several seats on boards in different companies…
MSC Group Completes Purchase of Bolloré Africa Logistics
French conglomerate Bollore, run by the family of billionaire Vincent Bollore, said on Wednesday it had completed the sale of its Bolloré Africa Logistics arm to shipping company MSC Group.The Bolloré company added the transaction was on the basis of a 5.7 billion euro ($6.1 billion) enterprise value.“The Bolloré Group will remain strongly involved in Africa, notably through Canal+, and will also continue to develop on this continent its activities in many fields such as communications, entertainment, telecommunications and publishing,” added the company in a statement.The Bolloré company hold
MRS 2022: Supply Chain Challenges to the Maritime Transportation System
Inland maritime transportation systems (MTS) play major roles in domestic and international supply chains, with unique challenges related to upstream and downstream sources disruption, accessibility and shifts in commodities, as well as demand and supply imbalances. With a 20% on-time arrival statistic, the U.S. east coast serves as an example for the increasing appeal of inland waterways as a cost-effective, alternative, with Port of Cleveland traffic reportedly increasing 70% between 2020 and 2021.
Transnet Agrees Wage Deal with Majority Labor Union
South African state-owned logistics firm Transnet said on Monday it had agreed a three-year wage deal with the union representing the majority of its workers, ending a two-week strike that had hit commodities exports and piled up millions in losses."Transnet and the company's majority union United Transport and Allied Trade Union (UNTU) reached a three-year wage agreement today," it said in a statement, adding the deal would bring most of its employees back to work.UNTU members…
Hungary's New Container Terminal Aims to Boost Ukrainian Grains Shipments
Europe's largest land-based container terminal started operating near Hungary's border with Ukraine on Tuesday, aiming to increase shipments of Ukrainian grains via Hungary to Adriatic ports.The East-West Gate terminal, built at a cost of about 40 billion forints ($95.65 million), allows containers to be transferred between wide and standard gauge rail tracks as well as between trains and trucks.It "will have a huge role in shipping Ukrainian grains," Hungarian Foreign Minister…
Transnet Strike Costing Miners $44 Million a Day
South African miners are losing 815 million rand ($44 million) in export revenue per day due to an ongoing strike at state-owned logistics firm Transnet which has hit commodity exports, an industry body said on Thursday.Transnet's freight rail and port workers earlier said they had rejected a revised pay offer and vowed to continue the strike which started a week ago.The Minerals Council of South Africa said major mineral export harbors were currently operating at between 12% and 30% of their daily averages due to the strike.
Container Shipping Market: Plunging Rates and Blank Sailings
Peter Sand, the chief analyst of Xeneta discuss recent trends in the container shipping market, from plunging spot rates to blank sailings.The container shipping market has enjoyed a prolonged historic, and somewhat unexpected bull run, as COVID-induced consumer spending broadly switched from travel and entertainment to manufac-tured goods. But as COVID restrictions fade and inflation rages, the tides are changing, resulting in turmoil across many container shipping sectors.“Let’s focus on the Transpacific because that's where things are most crazy right now…
Lithium-ion Batteries: Fire Risks and Loss Prevention Measures in Shipping
About the Author: Captain Rahul Khanna is Global Head of Marine Risk Consulting at Allianz Global Corporate & Specialty. A marine professional with 26 years of experience within the Shipping and Maritime industry, Captain Khanna served more than 14 years on board merchant ships in all ranks, including Master of large oil tankers trading worldwide. Although shipping losses have more than halved over the past decade fires on board vessels remain among the biggest safety issues for the maritime industry.
New Loading Equipment Delivered to Port Milwaukee
New loading equipment was recently delivered to Port Milwaukee for The DeLong Co., Inc. agricultural maritime export facility.The Made in America ship loader traveled more than 1,500 miles by barge from New Orleans, up the Mississippi and Illinois Rivers to Jones Island. This equipment is capable of loading 40,000 bushel/1100 ton per hour onto both vessels and barges.The ship loader, which is currently being installed on Jones Island, will serve as the heart of DeLong’s loading…