Air Freight News
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Davies Turner Group gains environmental certification
The Environmental Management System in place at four of the Davies Turner Group’s regional distribution centres in the UK has been certified to the ISO14001:2015…
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Kim Hedegaard Sørensen joins StormGeo’s shipping division as Chief Operating Officer
StormGeo today announces the appointment of Kim Hedegaard Sørensen as the new Chief Operating Officer for StormGeo’s shipping division. Sørensen begins his new role immediately.
CMA CGM: PSS update from North Europe to Indian Subcontinent
Peak Season Surcharge (PSS) rates applicable as from August 15th, 2020 (date of loading in the origin ports) until further notice
Rystad Energy’s daily market comment from our Head of Oil Markets Bjornar Tonhaugen
It’s the first business day of August, the month traders were bracing for, as part of the oil production that OPEC+ has curtailed is returning…
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Safeen appoints Rocktree to design and manage transhipper conversion
Singapore-based Rocktree, a one-stop solutions provider for turnkey projects from concept to medium to long-term operations, has announced its appointment by Abu Dhabi Ports’ maritime…
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Callan Marine announces next state-of-the-art cutter suction dredge
Callan Marine of Galveston, Texas announced that a fifth cutter suction dredge (CSD), the General Bradley, will be added to the company’s fleet next year.…
MSC updates effective September 1, 2020
ECSA TO USA GRI (GENERAL RATE INCREASE) Effective September 1st, 2020 In view of current market situation, MSC will apply a General Rate Increase (GRI),…
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Centerpoint acquires last-mile facility in competitive Los Angeles South Bay submarket
CenterPoint Properties has acquired a 60,115 SF distribution facility at 230 W. Rosecrans Avenue in Gardena, CA. The facility sits on 3.22 acres in the…
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US shale Chapter 11 and M&A review: Investment opportunities in low-cost assets
Several large and small independent US oil and gas producers have filed for bankruptcy this year as their debt burden peaked and hopes of cash…
Hottest part of the fossil fuel market starts to cool
The liquefied natural gas market contracted a third month in July as countries continue to struggle with the economic fallout from the coronavirus pandemic.