News
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CEVA Logistics continues Africa Expansion with Spedage Interfreight Acquisition
Spedag Interfreight, an Africa-focused, international freight forwarding expert CEVA Logistics now present in 44 countries in Africa Acquisition advances next steps in CEVA’s Africa, global growth strategy MARSEILLE, France – As part of its strategic growth plan, CEVA Logistics announced today that it has closed the acquisition of Spedag Interfreight,…
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July 18th – Panama Canal waiting time for non booked vessels (Days)
Neopanamax locks: Significant improvement for Neopanamax Northbound transits from 11 to 5 days, while for Southbound’s, average waiting times went from 9 to 10 days. Panamax Locks: Increase of 1 day (average) for both Supers and Regulars Northbound’s transits. Reference of July 16 at the end of this article. How…
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Reuters : CLI to acquire 80% stake in Brazilian port operator EPSA
Rumo has decided to divest the stake as part of its strategy to promote long-term partnerships and focus on rail logistics. CLI will secure R$500m (92.4m) from Macquarie Corredor Logística e Infraestrutura Sul (CLI SUL), a wholly-owned arm of Corredor Logistica e Infraestrutura (CLI), has agreed to purchase an 80%…
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Suezmax crude oil tanker disabled by fire in Gibraltar Strait
Suezmax crude oil tanker ADVANTAGE SUMMER suffered a fire in an engine room on the evening of Jul 17 in Gibraltar Strait, while en route from Algeciras to Huelva, Spain. The tanker was disabled and had to be taken on tow by SAR tug LUZ DE MAR, she arrived back…
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Business Insider : 10 Things Before Opening Bell to-tracking Russian oil
Welcome back, markets people. I’m Phil Rosen, and today we’re breaking down how Russia’s war on Ukraine continues to reorder energy markets. Business Insider reported an article Business Insider confirms Moscow’s wartime gambit —from seeking new buyers to siphoning off supplies to former customers — has exacerbated a global energy shortage,…
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Lürssen presents AHPO at the upcoming Monaco Yacht Show 2022
The Monaco Yacht Show takes its “seducation” approach into 2022 Lürssen is delighted to reveal that they will be displaying AHPO at the Monaco Yacht Show 2022. After her delivery in November 2021, she has spent her first season in the Caribbean and is currently cruising in the Mediterranean. She…
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King Abdullah Port turns the tide to resolve global supply chain crisis
Saudi ports record an increase in cargo handling by 27 million tons Our exceptional crane density helped us remain one of the most efficient ports: CEO King Abdullah Port is only 15 minutes from the anchorage, allowing easy access to the berths. This, together with our exceptional crane density, helped…
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EUCAP Mission in Somalia celebrates 10th anniversary
EUCAP Nestor, a regional civil maritime capacity-building mission focused on counter-piracy First established as EUCAP Nestor, a regional civil maritime capacity-building mission focused on counter-piracy, in July 2012, the mission was renamed EUCAP Somalia in 2016, with a focus on the Somali-based partner in Mogadishu. Currently, the mission is made…
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