Ports & Logistics
Dry bulk Q1 increases at North Sea Port
(Posted on 14/04/22)Sea freight cargo traffic at North Sea Port increased by more than 6% during Q1 2022. The consequences of the pandemic are being steadily rolled back, however, the EU sanctions against Russia are not yet being reflected in cargo traffic. Trade with Ukraine is also still being maintained.In the first quarter of 2022, the companies...
FTZ activated at Port of Vancouver, USA
(Posted on 12/04/22)In collaboration with US Customs and Border Protection (CBP) and the Foreign Trade Zone Board, the Port of Vancouver USA has activated Foreign Trade Zone (FTZ) #296. The Port of Vancouver USA is primarily a bulk import and export facility with dedicated facilities for specific commodities, such as grain, soy beans, corn, mineral...
Hangö Stevedoring now part of Euroports Finland
(Posted on 12/04/22)The entire share capital of Hangö Stevedoring has been transferred to Euroports Finland on 31.3.2022. The acquisition strengthens Euroports Finland’s strategic position in Finland and in the Baltic region. The arrangement will only reinforce customer relationships or partnerships.“The acquisition strengthens Euroports...
Etihad Rail announces freight terminal at Dubai Industrial City
(Posted on 01/04/22)Etihad Rail, the developer and operator of the UAE’s National Rail network, and Dubai Industrial City, one of the region's largest manufacturing and logistics hubs and a part of TECOM Group, have announced an advanced freight terminal spread across 5.5 million square feet.The terminal, which comes as a result of the...
Smoother trade looms between UAE and Kuwait
(Posted on 30/03/22)AD Ports Group has announced the signing of a Memorandum of Understand (MoU) with the Kuwait General Administration of Customs to establish a new virtual trade corridor between the UAE and Kuwait, under the supervision of Department of Economic Development – Abu Dhabi (ADDED).The signing took place in Kuwait following a visit...
Record-breaking year for Logistec
(Posted on 23/03/22)Logistec Corporation has announced its financial results for the year ended December 31, 2021.Logistec is based in Montréal (QC), Canada and provides specialized services to the marine community and industrial companies in the areas of bulk, break-bulk and container cargo handling in 54 ports and 80 terminals located in North...
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