Logistic

Malaysia’s state-owned energy company Petronas has confirmed the deaths of three contractor workers following a serious lifeboat accident aboard one...

With thousands of shipping professionals heading to Greece for Posidonia, one of the world’s most important maritime gatherings, Athens-based shipbroker...

Turkish shipowner Besiktas is once again attracting attention in the tanker market after what brokers are describing as a highly successful short-term asset play involving an MR product tanker.  According to market sources, the company is selling the 50,000 dwt tanker Antalya for around $40 million. The vessel, built in 2016 at South Korea’s SPP Shipbuilding yard, was purchased by Besiktas only last October for approximately $33 million, when it was still trading under the name PTI Nile.  The...

Dutch heavylift shipping company Jumbo is moving ahead with another major fleet e pansion after signing a newbuilding agreement in...

US authorities have seized approximately 227 kilograms of cocaine valued at an estimated $6.4 million from an aframax crude tanker arriving in Southern California, with a Filipino crew member now facing federal drug charges in connection with the case.  The operation was carried out jointly by Homeland Security Investigations (HSI) and the US Coast Guard after the tanker Aquatravesia arrived at the ports...

Singapore shipping figure Teo Siong Seng, widely known across the maritime industry as SS Teo, has stepped back from several...

J&J Snack Foods says it has now largely completed the consolidation of its production footprint, marking a key milestone in...

Mattress Firm is seeing solid results from its contactless delivery option, a service that has quickly gained traction with customers even...

Republican Senator Tom Cotton has urged the US Department of Justice to take a closer look at a number of...

The US short line rail industry is raising concerns over parts of the newly released surface transportation legislation, arguing that...