Ports & Logistics
ESPO concern over impacts of escalating Red Sea conflict
(Posted on 18/01/24)Following the serious attacks on ships, mainly - but not only - container ships, in the Red Sea by the Houthi movement, shipping lines decided to redirect their ships around the Cape of Good Hope in order to avoid the operators risks of attacks to both vessel and crew. With these attacks the rebels are seriously hampering the traffic...
Rhenus Weserport builds its first rail loading facility
(Posted on 12/01/24)For more than 25 years, Rhenus Weserport Bremen has stood for expert and professional transshipment of various goods and materials. As a member of the Rhenus Group, the port agency has previously focused on transferring cargo from seagoing vessels onto trucks and inland waterway vessels. But for its recently forged partnership with...
Blue Wolf finalizes Logistec acquisition and announces new CEO
(Posted on 10/01/24)Blue Wolf Capital Partners LLC, a middle market private equity firm specializing in the industrial and healthcare sectors, has completed its acquisition of Montreal-based LOGISTEC Corporation.LOGISTEC Corporation is based in Montréal (QC) and provides specialized services to the marine community and industrial companies in...
Trois-Rivières first vessel of 2024 arrives with cargo of alumina
(Posted on 09/01/24)The Lowlands Hope is the first vessel to call at the Canadian Port of Trois-Rivières in 2024. It docked at the Port on January 2 at 3:42 am, after an seventeen-day crossing of the Atlantic. The vessel, with its 21 crew members of Indian and Philippine nationalities, left the port of Sao Luis in Brazil on 16 December 2023....
Red Sea unrest impact on Rotterdam to be slight as not all bulkers to reroute
(Posted on 05/01/24)The recent disruptions at the Red Sea entrance are anticipated to exert additional strain on the Port of Rotterdam’s container terminals in January 2024. However, the overall impact on the port of Rotterdam's throughput is projected to be minimal. The Port of Rotterdam Authority foresees a decrease of approximately 1.25 million...
Agreement to develop Safaga Port strengthens Egypt/UAE ties
(Posted on 05/01/24)AD Ports Group, a leading facilitator of global trade, logistics, and industry, has announced that it has signed a definitive concession agreement with the Red Sea Ports Authority (“RSPA”) for the development and operation of a multi-purpose terminal at Safaga Sea Port. Following the Government of Egypt’s approval...
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