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Industrial News

  • UPS expands China-Europe rail service ...
  • UPS expands China-Europe rail service

    April 04, 2017 :

    UPS announced the addition of six stations to its Preferred full and less-than-container load (FCL and LCL) multimodal rail service between Europe and China. The additional stations will give customers moving goods on the world’s largest trade lane more options to reduce supply chain costs and better balance cost/time-in-transit requirements.  


    Changsha, Chongqing, Suzhou and Wuhan Stations were added in China to the existing stations of Zhengzhou and Chengdu. In Europe stops in Duisburg, Germany and Warsaw, Poland were added to the existing stops of Lodz, Poland and Hamburg, Germany.  


    “Our China-Europe rail services can save customers up to 65% versus air freight and improve time-in-transit by 40% versus traditional ocean freight service,” said Cindy Miller, president of UPS Global Freight Forwarding. “By giving our customers more options to balance cost and speed of delivery, UPS is committed to helping businesses in China and Europe succeed and expand.”  


    The four new Chinese stations were chosen for their close proximity to provincial industrial manufacturing, commercial and cultural centers in interior China.  


    In Europe, Duisburg is in the heart of the industrial Ruhr area of Germany and provides access to river, rail, road and air transport. The new Warsaw stop serves Poland, a growing economy in the European Union which is a center for e-commerce fulfillment, research & development and industrial manufacturing.

  • Philly Shipyard delivers 2nd product Tan ...
  • Philly Shipyard delivers 2nd product Tanker to APT

    April 04, 2017 :

    Philly Shipyard, Inc. (PSI), the sole operating subsidiary of Philly Shipyard ASA delivered the American Freedom, the second of four next generation 50,000 dwt product tankers that it is building for American Petroleum Tankers (APT), a subsidiary of Kinder Morgan, Inc.  

    This delivery is the 26th vessel built by PSI (formerly known as Aker Philadelphia Shipyard, Inc.). The next generation 50,000 dwt product tanker is based on a proven Hyundai Mipo Dockyards (HMD) design that also incorporates numerous fuel efficiency features, flexible cargo capability, and the latest regulatory requirements. The vessel has also received LNG Ready Level 1 approval from the American Bureau of Shipping (ABS). The 600-foot tanker has a carrying capacity of 14.5 million gallons of crude oil or refined products.  

     “We are proud to deliver another vessel to our partners at American Petroleum Tankers,” remarked Steinar Nerbovik, Philly Shipyard’s President and CEO. “This vessel, like its predecessor, is delivered, and with the same resolute focus on quality and safety that our customers depend on. On the cusp of the shipyard’s 20 year anniversary, we are proud of each and every one of our twenty-six deliveries and honored to serve some of the very best owners in the U.S. maritime industry.”

  • Kerry Logistics wins contract with UK ho ...
  • Kerry Logistics wins contract with UK homeware retail major Lakeland

    April 04, 2017 :

    Hong Kong's Kerry Logistics Network has been awarded a contract by Lakeland, the British homeware retailer that has contracted out its global freight forwarding needs, according to Shipping Gazette.  

    Kerry will assist with purchase order management and visibility solutions via the Virtual Buying Office (VBO), a web-platform designed to enhance efficiency and visibility along the supply chain.  

    Said Lakeland operation director Gary Marshall: "We are delighted to work with Kerry Logistics and look forward to their invaluable field expertise helping the next stage of growth for our multi-national business.".  

    Kerry Logistics' strong distribution network in China will play a key role in driving international growth for the retailer, which recently announced its expansion into the Australian market with the launch of 13 new locations.  

    Said UK Kerry sales chief Emma Rowlands: "Lakeland is renowned for high levels of customer service and innovation. We are delighted to support them with end-to-end logistics."  

    From humble beginnings in the heart of the Lake District, Lakeland now has 69 stores nationwide, a further 16 stores in the Middle East, three in India, 13 in Australia, and 2013 saw the Lakeland brand launch in Germany.

  • dnata commences operations on Latin Amer ...
  • dnata commences operations on Latin America’s first daily A380 service

    April 04, 2017 :

    dnata, one of the world’s largest air services providers, has successfully expanded its scope of operations in Brazil to now include the largest passenger aircraft, the Airbus A380. With Emirates launching the iconic aircraft to Guarulhos International Airport Sao Paolo earlier this week, dnata will now handle Latin America’s only daily A380 service. dnata Brazil is expected to handle more than 300,000 pieces of baggage and 4,000 tonnes of cargo on Emirates’ flights annually.  

    Ricardo Morrison, Chief Executive Officer of dnata Brazil said, “This is a particularly significant win for us and we are proud to welcome Emirates and its iconic double decker into the dnata family in Brazil. It’s a testament to the investments we have made and recognition of our provision of quality service and safety, as well as our infrastructure and systems throughout Brazil.”  

    Emirates operates one daily flight between Dubai and Sao Paolo using the A380 aircraft. It also operates a daily service between Dubai and Rio de Janeiro with a connection to Buenos Aires using the Boeing 777 aircraft. In April, dnata will also extend its support to include the ground handling requirements for Emirates in Rio de Janeiro.  

    dnata Brazil handles over 15,000 flights per month across its network of 27 stations.  It has an extensive Ground Services Equipment (GSE) fleet, being the most modern in Brazil, and a workforce of over 3,000 staff.

  • Euroseas proceeds with construction of K ...
  • Euroseas proceeds with construction of Kamsarmax

    April 04, 2017 :

    Euroseas Ltd. an owner and operator of drybulk carriers and container carrier vessels and provider of seaborne transportation for dry bulk and containerized cargoes, announced that it has signed an addendum to its newbuilding contract with Jiangsu Yangzijiang Shipbuilding Co. for Hull Number YZJ 1153, originally entered into in 2014, and will proceed with the construction of the vessel. The newbuilding contract addendum signed reduced the remaining payments for the vessel by more than 10% to $22.5 million. The vessel, an eco-design fuel efficient Kamsarmax drybulk carrier will have a carrying capacity of 82,000 dwt, will be delivered to Euroseas by June 2018. 

    Aristides Pittas, Chairman and CEO of Euroseas commented: "We are pleased to proceed with the building of our second Kamsarmax bulker which is a sister ship to our M/V Xenia built by the same yard in 2016. M/V Xenia has operated very efficiently and economically in our fleet for more than a year. The reduction in the contract price coupled with the recovery we see taking place in the drybulk market has made this investment very attractive prompting us to forgo an option to terminate the contract but rather proceed with the building of the vessel. We look forward to continuing the expansion and renewal of our fleet in both the drybulk and containership sectors at a time when a strong recovery in rates and values has been observed in the drubulk sector and we are starting to see signs of stabilization and recovery in the containership sector as well. We believe that as publicly listed company, Euroseas presents investors with an attractive platform as an operator and consolidator in drybulk and container shipping." 

  • MOL invests in Malaysian logistics firm ...
  • MOL invests in Malaysian logistics firm PKT

    April 04, 2017 :

    Mitsui O.S.K. Lines, Ltd. announced that it acquired 20.9% share in PKT Logistics Group Sdn. Bhd. (PKT) , a leading Malaysian logistics company.  

    PKT provides end-to-end logistics solutions comprising freight forwarding, customs brokerage, contract logistics, haulage, distribution and others, to its customers from diverse market sectors. PKT owns and operates state-of-the-art, environment-friendly warehouses at its 'One Logistics Hub' in Shah Alam, Selangor, offering over 55,000m2 of warehouse space in total. In 2014, PKT acquired a strategic 70-acre piece of land in Batu Kawan Industrial Park, Penang, to develop the 'One Auto Hub'. The 'One Auto Hub' is PKT's landmark investment to support the logistics needs of automotive and electronics manufacturers in the north of Malaysia. The first component to be completed, The 12 Waves warehouse, offers over 60,000m2 of space for warehousing and value-add activities.  

    Since year 2000, the Malaysian economy has consistently seen annual growth rates of over 5% and it is expected to continue growing strongly, integrating itself further into the ASEAN Economic Community. With its advantageous geographical location, excellent highway network, international seaports network and other well-established logistics infrastructure, Malaysia is poised to be the next regional logistics hub.  

    This acquisition provides MOL Group with an opportunity to significantly enhance its operational capabilities in Malaysia, by leveraging the synergies between MOL Logistics (Malaysia) Sdn. Bhd., MOL's group companies and PKT, to pave the way for MOL Group's broad expansion in the Asian region. This acquisition signals MOL Group's commitment to serve its customers' needs for quality logistics solutions, in the Asian region.  

    MOL Group will also continue to strengthen its global network to better service its customers.

    More News

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