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Industry news

• Highway permit denied, trucking company moves reactors over Lakes

  Time: 2016-04-02 | Publisher: glafamily

  

   When Plan A didn’t work for the shipment of 12 oversize loads of electrical smoothing reactors from Toronto to the Canadian province of Alberta, motor carrier Precision Specialized Division used the Great Lakes to succeed with Plan B.Precision was approached in early 2014 about moving 212 loads, including 12 smoo...
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• Rickmers to represent Nordana in China

  Time: 2016-03-30 | Publisher: glafamily

  

  Nordana Project and Chartering, which owns and operates about 25 breakbulk and heavy-lift multipurpose tweendeck vessels, has named Rickmers-Linie as its representative in China.Rickmers (Japan) Inc. has been Nordana’s general agent in Japan since last June. Rickmers will support Nordana’s marketing in ...
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• Lakes ports seek project shipments to offset decline in bulk cargo

  Time: 2016-03-29 | Publisher: glafamily

  

  The Great Lakes is a quirky market for shipping in general and for breakbulk and project cargoes in particular. It’s a seasonal trade with an eclectic cargo mix, an assortment of ports, long inland water routes that place unique operating demands on carriers, and a mid-continent geography invites competition from other coasts.“It’...
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• Multipurpose ship operators face sluggish demand, fierce competition

  Time: 2016-03-25 | Publisher: glafamily

  

  Operators of multipurpose vessels are catching it from all sides. Slumping oil prices are causing cancellations of energy projects, and there’s increasingly stiff competition from container ships, roll-on, roll-off vessels and bulk carriers.“Competition is fiercer than ever,” said Dirk Visser, senior analyst at the Netherlands-ba...
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• New Orleans eyes shipyard site for breakbulk terminal

  Time: 2016-03-24 | Publisher: glafamily

  

  The Port of New Orleans is exploring the feasibility and cost of converting the former Avondale Shipyard on the Mississippi River into a breakbulk cargo terminal.Port officials said they’re moving cautiously because of the likely costs, but want to determine whether the 260-acre property could be used for bre...
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• Bollore revenue slips on weak oil prices

  Time: 2016-03-22 | Publisher: glafamily

  

  Paris-listed Bolloré Group, which holds 21 port concessions worldwide and operates 14 container terminals in Africa, announced a 2 percent drop in revenue for 2015 to $12.2 billion.The decline was due to a 20 percent drop in revenue at the company’s oil logistics segment to $2.5 billion caused by the low price of oil. The tra...
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• German KG companies fined in ‘magic pipe’ case

  Time: 2016-03-21 | Publisher: glafamily

  

  Two German shipping companies have been sentenced to pay $1.5 million after pleading guilty to charges arising from use of a “magic pipe” to illegally dump oily bilge water from the general cargo ship BBC Magellan.The ship’s owners, Briese Schiffahrts GmbH & Co. KG and Briese Schiffahrts GmbH & Co. ...
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• DP World Nhava Sheva handles JNPT's largest ship to date

  Time: 2016-03-18 | Publisher: glafamily

  

  DP World-operated Nhava Sheva (India) Gateway Terminal on Friday received a call from the 11,000 twenty-foot-equivalent unit MSC Francesca, the largest container ship ever to dock at Jawaharlal Nehru Port Trust, India’s biggest public container gateway.The 2008-built ship is 363 meters (1,191 feet) long, and has b...
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