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Logistics sector expects global recession in 2020
A new report published today reveals that almost two-thirds of supply chain industry executives surveyed at the end of last…
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Coronavirus freight slump will cause demand spike – eventually
Supply chain stakeholders will claw back some of the revenue losses due to coronavirus when freight demand resurges – once…
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FTA ‘disappointed’ as UK government reverses promise of frictionless UK-EU trade
Key minister confirms plans to introduce import and export controls on EU goods at the border after the transition period…
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FM Logistic expands logistics centre near Moscow
Additional 12,500 sqm capacity with opening of extended warehouse in Noginsk is needed to serve FMCG customers. FM Logistic has…
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Mercado logístico nacional ganha reforço de peso: a nova DSV Brasil
Resultado da aquisição da Panalpina pela DSV, nova marca chega para se consolidar como uma das maiores empresas de logística…
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MOL in Restructuring Mode
Japanese shipping major Mitsui O.S.K. Lines (MOL) has unveiled a number of new restructuring measures effective April 1, 2020. As…
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Commissioning LNG Cargo Shipped to India’s Mundra LNG Terminal
Doha-based liquefied natural gas producer Qatargas has supplied a commissioning LNG cargo for India’s newest LNG receiving terminal, Mundra. The…
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Gasum to Supply LNG to Equinor’s Shuttle Tanker Newbuilds
Finnish gas company Gasum and Norway’s energy company Equinor have signed an agreement under which Gasum will deliver liquefied natural…
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CSAV Ups Stake in Hapag-Lloyd
Chilean Compañía Sud Americana de Vapores (CSAV) has acquired an additional stake in Hapag-Lloyd, becoming the majority shareholder in the…
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Teekay Tankers Seals USD 533 Mn Loan, Sells Assets
New York-listed tanker owner Teekay Tankers has closed a new five-year, USD 533 million revolving credit facility to refinance 31…
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