Tony Sanchez

US Container Imports Still Strong as Tariff Increase Approaches

Posted By Tony Sanchez / Cargo News / 0 Comments

February 13, 2019 Imports at the nation’s major retail container ports have dipped since peaks seen last fall but remain at higher-than-usual levels as a possible increase in tariffs on goods from China approaches in March, the National Retail Federation (NRF) and Hackett Associates said.  “With trade talks with China still unresolved, retailers appear to […]

K Line’s LNG Carrier in Maiden Call to Naoetsu Terminal

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

February 13, 2019 K Line’s liquefied natural gas (LNG) carrier Oceanic Breeze, sailing from Ichthys LNG Project in Australia, has made a maiden call to Japanese Naoetsu LNG Terminal. The vessel is owned by K Line and INPEX Shipping, and dedicated for carrying 0.9 million tons of LNG per year from the Ichthys LNG Project in […]

CMA CGM Launches CEVA Logistics Takeover

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

February 12, 2019 French shipping major CMA CGM launched its public tender offer for Swiss logistics company CEVA Logistics’ shares on February 12. The offer’s price is set at CHF 30 (USD 29.7) per CEVA Logistics share. This values the share 12.2% above its average listing over the last 60 days and 62.9% above its CHF […]

Virgin Atlantic to launch daily flights to Tel Aviv

Posted By Tony Sanchez / Airlines / 0 Comments

February 11, 2019 Virgin Atlantic’s daily flights between London Heathrow and Tel Aviv will provide import and export opportunities for customers to support Israel’s buoyant economy. The route will commence on 25 September, offering a fast cargo service from Tel Aviv for goods such as high value precious stones, fresh produce, high-tech and electrical products, […]

Turkish Airlines accused of aiding illegal wildlife trade

Posted By Tony Sanchez / Airlines / 0 Comments

February 11, 2019 Turkish Airlines and Turkish Cargo have been accused of enabling the exotic pet trade, despite making commitments to combat illegal wildlife trafficking. A report by the World Animal Transportation called “Wild at heart: The cruelty of the exotic pet trade” says millions of wild animals including parrots are being captured from their […]

Swissport to acquire Heathrow Cargo Handling

Posted By Tony Sanchez / Airport / 0 Comments

February 11, 2019 Swissport will acquire Heathrow Cargo Handling from Air France, which it held in a joint venture, subject to regulatory approval. The ground service provider will acquire the remaining 50% stake to fully own the handling company, which has provided cargo handling services at London’s Heathrow Airport since 1995. The completion of the […]

Poten: African Sweet Crude Oil Exports Expected to Grow

Posted By Tony Sanchez / Cargo News / 0 Comments

February 11, 2019 Representing the majority of the crude oil exported from Africa, low sulphur will become ‘increasingly desirable’ in the coming years, Poten & Partners said.  As explained, the demand for the so-called sweet crude oil will increase as IMO sulphur cap 2020 will force the majority of the shipping industry to switch to low […]

Greek-Flagged Bulker Collides with Malaysian Vessel near Singapore

Posted By Tony Sanchez / Sea Accident / 0 Comments

February 11, 2019 Greece-registered bulk carrier Pireas and Malaysian Government vessel Polaris collided on February 9 in Singapore territorial waters within Singapore Port Limits off Tuas, Maritime Port Authority of Singapore informed. After refuelling at Singapore’s eastern bunkering anchorage south of Bedok, the bulk carrier was on its way to its next port of call […]

Milaha Ups Its Stake in Nakilat

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

February 7, 2019 Qatar-based maritime transport and logistics company Milaha has, through its subsidiary Qatar Shipping Company WLL, increased the company’s stake in compatriot LNG shipping firm Nakilat. Namely, Milaha entered into an agreement for acquiring the entire stake of Qatar Investment Authority in Nakilat, representing 5.9% of Nakilat’s share capital. The sale and purchase agreement was […]

DHT Holdings Back to Black in 4Q 2018

Posted By Tony Sanchez / Cargo Sea Line / 0 Comments

February 7, 2019 Crude oil tanker company DHT Holdings managed to return to the black in the fourth quarter of 2018, as revenues continued rising. The company’s net income for the three-month period ended December 31, 2018, reached USD 12 million, against a net loss of USD 7.5 million reported in the same quarter a year […]