Raymond STERN
Dubai based Transworld Group enters the Tanker segment
In its latest diversification move with the acquisition of 2 LR tankers. Transworld Group Dubai joins the liquid bulk trade with two Long...
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PROJECT LOGISTICS
Raymond STERN
- Nov 20, 2022
Bahri’s Chemicals and Logistics business units sign MoUs to strengthen cooperation with Luberef
Bahri business units to provide sustainable and efficient solutions to meet Luberef’s various logistics and transportation requirements...
Raymond STERN
- Feb 10, 2022
Ro-ro offers some relief for project shippers desperate for deck space
Shippers and forwarders have faced challenges moving project cargo over the past year. For shipments that fit in containers, they have...
Raymond STERN
- Jan 24, 2022
AD Ports, Eni Abu Dhabi ink agreement to develop logistics base at Mugharraq Port
Under the agreement, AD Ports Group will develop a dedicated quay wall and an assembly yard as well as provide the needed manpower and...
Raymond STERN
- Jan 23, 2022
UAE signs Eni to set up logistics base at Mugharraq Port to support offshore drilling
The UAE has signed up the Abu Dhabi unit of Italy's Eni to establish a marine logistics base at its Mugharraq Port near the country's...
Raymond STERN
- Sep 29, 2021
Project Cargo Summit online 2021 Creating a predictable supply chain
How does the shortage in vessel space for containers effect the transport of breakbulk cargoes and project cargo? Do you opt for a liner...
Raymond STERN
- Sep 23, 2021
DSV inaugurates its largest logistics centre in Africa
DSV has opened a logistics headquarters for its Africa operations in Gauteng in South Africa. Located near OR Tambo International...
Raymond STERN
- Sep 23, 2021
Maersk launches first Jafza warehousing and distribution center in the country
Maersk Kanoo Emirates, the provider of integrated logistics services for container transport, has signed an agreement with Jebel Ali Free...
Raymond STERN
- Aug 28, 2021
Menap logistics sector to keep on ‘trucking’
Janardan Dalmia, founder and chief executive of Trukkin, said the UAE, Saudi Arabia and Pakistan are three potential growth markets for...
Raymond STERN
- Aug 21, 2021
Container Shipping Earnings Now Rival Apple. It’s Not a Good Look
Container lines are making oodles of money from their customers’ misery. If the profiteering label sticks, they risk a policy backlash in...
Raymond STERN
- Aug 18, 2021
No plans to sell DB Schenker as DSV rumours resurface
DB Schenker has said there are no current plans to sell the company as rumours of DSV Panalpina’s interest in the Deutsche Bahn-owned...
Raymond STERN
- Aug 18, 2021
Jas Worldwide to acquire Greencarrier Freight Services
Jas Worldwide has signed a share purchase agreement to acquire Swedish-headquartered forwarder Greencarrier Freight Services...
Raymond STERN
- Aug 17, 2021
Freight forwarders call for govt intervention as logistic rates soar
Freight forwarding industry needs the government to intervene to help bring down overseas logistics rates which have escalated almost 10...
Raymond STERN
- Aug 13, 2021
Raymond STERN
- Aug 13, 2021
The impact of sea freight rates on commodity prices
Recently, ocean freight has risen sharply. I chatted with some friends and mentioned that the port congestion in the United States is...
Raymond STERN
- Aug 13, 2021
China shutdowns the world’s third-busiest port, Ningbo-Zhoushan port.
China has partly shuttered the world’s third-busiest port after a single worker tested positive for COVID-19 Wednesday. The Meidong...
Raymond STERN
- Aug 11, 2021
Over 30 containerships queued at Los Angeles/Long Beach ports
Congestion continues to rise at the US west coast container ports of Los Angeles and Long Beach ahead of the peak season. According to an...
Raymond STERN
- Aug 10, 2021
DSV Panalpina: Conservative Beat And Raise Signals Further Upside Ahead
In a long-running theme since COVID-19 hit, logistics company earnings continue to outperform globally, and DSV Panalpina (OTCPK:DSDVY)...
Raymond STERN
- Aug 9, 2021
King Abdullah Port backs Kingdom's growth as a global logistics hub
King Abdullah Port has announced details of its exceptional performance during the first half of 2021. The port handled a total of...
Raymond STERN
- Aug 5, 2021
MSC 'shocked' by anti-trust breach allegations
Switzerland-based carrier MSC has roundly rejected complaints made by Pennsylvania home décor supplier MCS Industries and says it was...
Raymond STERN
- Aug 5, 2021
US FMC probes eight container lines over congestion surcharges
The US Federal Maritime Commission (FMC) has launched an “Expedited Inquiry” into the practices of eight container shipping lines related...
Raymond STERN
- Aug 4, 2021
Forwarders frustrated as carriers switch vessels onto best-paying tradelanes
Ocean carriers continue to shift tonnage from intra-Asia and north-south trades to more lucrative east-west routes, which is in turn...
Raymond STERN
- Jul 31, 2021
Saipem falls to first-half loss but eyes pick-up in sales
Contractor’s results buffeted by Covid-19 and issues at North Sea wind project Saipem reported on Friday second quarter earnings that...
Raymond STERN
- Jul 30, 2021
The true cost of shipping.
The true cost of shipping from Asia has for some time exceeded even the highly elevated container spot market rates, with the payment of...
Raymond STERN
- Jul 29, 2021
Shipping prices may be heading higher but are ‘not super yet,’ analysts say
Shipping rates are at multi-year highs, but have not reached the bull cycle peaks of the past, said Rashpal Bhatti, vice president of...
Raymond STERN
- Jul 29, 2021
Freight forwarders expect no change in container market for years, says British Freight Union.
The British International Freight Association (BIFA) has stated that it expects freight rates to remain at extraordinarily high levels,...
Raymond STERN
- Jul 27, 2021
How to cushion consumers from high maritime freight rates
The cost of shipping one standard 20-foot container from Shanghai to Brazil, for example, is today nearly five times higher than the...
Raymond STERN
- Jul 26, 2021
Global container port capacity will struggle to catch up with rising demand
The bleak outlook of significantly lower throughput levels for container hub ports at the outset of the pandemic has, 18 months later,...
Raymond STERN
- Jul 23, 2021
FMC To Audit Ocean Carrier Demurrage and Detention Practices
On July 20, the Federal Maritime Commission (FMC) announced that it has established a new “Vessel-Operating Common Carrier Audit Program”...
Raymond STERN
- Jul 19, 2021
Luca Graf, Head of Digital Innovation, DSV Panalpina
Luca Graf, Head of Digital Innovation, DSV Panalpina, talks about how disruptive technologies are beginning to disrupt the freight and...
Raymond STERN
- Jul 18, 2021
Jochen Gottelmann, CIO, Lufthansa Cargo: Leading through the pandemic
Giving wings to one’s business in turbulent skies seems to be the mantra for the CIO of Lufthansa Cargo AG - Jochen Gottelmann. In this...
Raymond STERN
- Jul 16, 2021
Volga-Dnepr flies custom-built compressor from Zurich to Abu Dhabi
Russian freighter operator Volga-Dnepr Airlines, in partnership with logistics provider Geodis, has transported a large custom-built...
Raymond STERN
- Jul 15, 2021
DP World engages M&A advisors for Jebel Ali Free Zone sale
Dubai-based trade and logistics giant DP World has tapped M&A consultants to help sell a stake in Jebel Ali Free Zone (Jafza) – a...
Raymond STERN
- Jul 15, 2021
Petrofac Signs Contract for Halliburton DecisionSpace® 365
Petrofac will use Landmark Digital Well Program® to deliver safe, cost effective and productive wells Halliburton Company (NYSE: HAL)...
Raymond STERN
- Jul 15, 2021
Agility Appreciation Night Celebrates Company's Exceptional Partners
Houssam Mahmoud, CEO of Abu Dhabi-based logistics and warehousing specialist Agility, paid tribute to his company and its peers in an...
Raymond STERN
- Jul 14, 2021
UAE logistic giant Aramex partners DB Schenker to expand in Middle East, Africa
Aramex plans to expand interests beyond freight forwarding Aramex, a leading logistics and transportation solutions, and Germany’s DB...
Raymond STERN
- Jul 14, 2021
Petrofac Nets Three-year Deal with ONEgas
Oilfield service firm Petrofac has secured a new three-year contract with ONEgas, an integrated cross-border asset between Shell UK and...
Raymond STERN
- Jul 13, 2021
JinkoSolar team up with Maersk China teams for digitalised logistics development
Solar module manufacturer JinkoSolar signed a strategic cooperation agreement with Maersk (China) Shipping to develop digitalised...
Raymond STERN
- Jul 8, 2021
Microsoft consultants to deliver AI-solution at Khalifa Port
Experts from Microsoft’s internal consulting practice are helping Abu Dhabi Terminals leverage the cutting edge of artificial...
Raymond STERN
- Jul 7, 2021
Microsoft to provide artificial intelligence services at Khalifa Port
Khalifa Port Container Terminal is handled and run by Abu Dhabi Terminals. Abu Dhabi Terminals has signed a partnership agreement with...
Raymond STERN
- Jul 4, 2021
Logistics sector key to coronavirus recovery efforts: Agility Abu Dhabi CEO
The Abu Dhabi-based entity hosted celebration of the logistics community in event prior to completion of sale to Danish company DSV...
Raymond STERN
- Jul 2, 2021
What’s Causing The Container Ship Traffic Jam Clogging Up Global Trade
Around the world, some major ports are experiencing a huge influx of containers, resulting in long supply delays. Trade wars, high...
Raymond STERN
- Jul 1, 2021
Aramco starts Red Sea bunker fuel operations
Aramco has started bunkering operations at the King Fahad Industrial Port at the Red Sea coast with the Saudi Energy Ministry, as well as...
Raymond STERN
- Jul 1, 2021
TRUKKIN's Janardan Dalmia on Asharq Business with Bloomberg TV
Janardan Dalmia on Asharq Business اقتصاد الشرق with Bloomberg TV, talking about the expansion plan of Trukkin with the renowned...
Raymond STERN
- Jun 30, 2021
Maersk Saudi Arabia and King Abdullah Port Enter Strategic Partnership
To establish Maersk’s first petrochemical hub in the Kingdom Maersk Saudi Arabia, an integrator of container logistics, announced that it...
Raymond STERN
- Jun 30, 2021
A new approach to shorten installation and simplify the logistics of energy storage projects
Energy-Storage.news was delighted to host this sponsored webinar with Leclanché, as the company launches its latest design for more...
Raymond STERN
- Jun 23, 2021
Mammoet wins two contracts for Oman's Duqm refinery
The development when completed, will have the capacity to process approximately 230,000 barrels of crude oil per day. Mammoet, a global...
Raymond STERN
- Jun 19, 2021
Duqm refinery project, Oman
The Duqm refinery is a strategic investment for the Sultanate of Oman and will form the cornerstone of the Duqm Special Economic Zone,...
Raymond STERN
- Jun 15, 2021
Saipem wins EPC contract for ADNOC’s Shah Gas expansion project
Abu Dhabi National Oil Company (ADNOC) has awarded a $510m contract to Saipem to upgrade the Shah Gas plant in the UAE. The engineering,...
Raymond STERN
- Jun 14, 2021
ADNOC awards $510 mil contract to Saipem to expand Shah sour gas plant capacity
Saipem wins contract to expand capacity by 13% to 1.45 bcf/d Expansion project expected to be completed by 2023 ADNOC is working to reach...
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