Navios Maritime acquires four boxships New York-listed shipowning group previously agreed to buy the vessels for $96.8m.
Morgan Stanley holds Diana Containerships US-based financial services firm reports equity ownership stake as passive investor.
Nordea Bank offers 'open banking' The Stockholm-based financial institution whose clients include shipping and offshore firms says it is the first Nordic bank to offer third-party providers access to customer data.
CLARIFICATION: CBP to test launch electronic payment for commercial vessel fees The Dec. 11 AS Daily article "Customs to test launch electronic payment for commercial vessel fees," about U.S. Customs and Border Prote...
AirBridgeCargo, DHL test multimodal pharma service AirBridgeCargo Airlines (ABC) recently completed a multi-modal pharma shipment trial for DHL Global Forwarding (DGF) from Moscow to Miami i...
WiseTech acquisition spree continues with WMS provider Microlistics Microlistics is expected to be consolidated into WiseTech's group accounts from February 2018. Global logistics software provide WiseTech ...
WTO plans for e-commerce future The World Trade Organization's (WTO) goal to grow the digital economy and continue promoting cross-border facilitation of e-commerce receiv...
Senate committee approves NTSB reauthorization The U.S. Senate Committee on Commerce, Science & Transportation on Dec. 13 approved legislation reforming and reauthorizing the Nationa...
DHL, Air Hong Kong renew block-space agreement DHL Express has extended its partnership with Air Hong Kong via a new 15-year block-space agreement starting Jan. 1, 2019. As part of the ...
Delta receives seventh IATA CEIV certification Delta Cargo is now offering CEIV-approved (Center of Excellence for Independent Validators in Pharmaceutical Logistics) facilities at seven...
EU concludes trade deal negotiations with Japan The European Union and Japan concluded the final discussions on the EU-Japan Economic Partnership Agreement last week. The EU and Japan re...
Port of Charleston drayage truckers vote to unionize Drivers who work for a logistics company that hauls goods to and from the Port of Charleston in South Carolina have voted to join Teamsters...
Japan Oct bonded bunker fuel sales falls 4.6% on month to 2.24 mil barrels Japan sold 2.236 million barrels of bonded bunker fuel in October, down 4.6% from September and down 16.5% year on year.
Bunker demand drags fuel oil Med-north spread to three-month low Bunker fuel demand in Northwest Europe and mainly in the port of Rotterdam has caused the contango spread in the barge market to narrow on competitive physical bidding activity.
External: Wired Bunkering
Wartsila, Mitsubishi ink deal for marketing bunker saving propulsion technology for ships The new solution combines a PTO/PTI shaft generator system with the waste heat recovery system to improve the stability of the WHRS.
Bunker trader Australia Bunkering gears up for IMO 2020 sulfur cap rule "We have a strong history and are well positioned to adapt and support our clients requirements," Johnston said.
China's bunker fuel suppliers still weighing response to 0.5% sulfur cap Upgrading refineries to produce low sulfur oil products could prove highly profitable, a bunker fuel trader said.
FUTURES: Crude rises on larger than expected US stock draw
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