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Stolt-Nielsen Repays USD 147.6 Mn Bond
London-based chemical tanker owner Stolt-Nielsen has repaid the USD 147.6 million bond.The Norwegian company said it received a further USD…
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Drop in air freight continues in August
WorldACD figures for first eight months of 2019 show worldwide volumes down almost 5% and yields by 7.1% for general…
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Menzies Distribution completes sale and leaseback of eight depots
UK time-critical logistics firm generated proceeds of almost £25m from the deal, which ‘will align these properties with the company’s…
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FIATA updates ‘model rules’ on freight forwarding services
Revision takes into account various changes in the business landscape and legal requirement of the logistics and freight forwarding industry…
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US to trigger EU import tariffs after WTO ruling on Airbus subsidies
Increases from 18 October will be limited to 10% on large civil aircraft and 25% on agricultural and other products,…
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Oakland’s operating income at an all-time high
Operating income at the Port of Oakland increased 4.1 percent in Fiscal Year 2019, according to figures released. The Port…
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Euroseas Finds Work for Its Only Non-Feeder Unit
Greek ship owner and operator Euroseas has secured a charter contract for its 5,600 TEU container vessel, the Akinada Bridge. zoomIllustration;…
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Containers from Japan to China plunge
Outbound containerized shipments from Japan to China plunged 24.4% to 777,169 tons in July, suffering a year-on-year shrinkage for five…
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Deutsche Post DHL unveils new five-year plan
Claiming group ‘need not reinvent ourselves; we will digitalize ourselves’, CEO highlights greater automation, improved transaction processes, applying data analytics,…
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Exmar Gets Extension of USD 30 Mn Bridge Loans
Belgian owner and operator of gas carriers Exmar has obtained an extension of the USD 30 million bridge loans that…
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