GE Powers World’s Largest Crane Vessel
In September, Heerema Marine Contractors’ semi-submersible crane vessel (SSCV) Sleipnir completed its first project, installing the topsides for the Leviathan development in the Mediterranean, a world record lift.At 220 meters long and 102 meters wide…
VLGC for Astomos Energy Named
A naming ceremony was held in Kumamoto Prefecture at the Ariake Shipyard of Japan Marine United Corporation for a new VLGC (very large gas carrier) that NYK will charter under a long-term contract to Astomos Energy Corporation, pre-eminent…
Third Party Logistics Services: Meeting rising domestic & global challenges
In this Special Digital Issue, the editorial staff of Logistics Management has curated a number of features to help shippers understand the breadth of services today’s third party services companies have to offer and share how they can create a long-lasting, mutually-beneficial relationship with today’s more multi-faceted third party partners.
Peak Season planning is a year-round process, says DHL eCommerce
Depending on your home base, this time of the year is ideal for the fall foliage especially here in the Northeast. For many people, seeing the changing of the leaves’ colors could be viewed as a top priority, or focus. But for those in the logistics world, the focus, at this time of year, is, and continues to be, a focus on peak season planning. That was made clear in a media briefing hosted this week by DHL eCommerce Solutions, entitled “Peak Season and Beyond.” Speaking on the briefing were Lee Spratt, CEO of DHL eCommerce Americas, and Craig Morris, vice president strategy and product management at DHL eCommerce Americas.
UPS and Stamps.com collaborate on reseller deal
UPS and Stamps.com announced that they have partnered up for a large scale reseller agreement, with Stamp.com’s 740,000-plus customer base gaining access to specially discounted UPS shipping rates,” up to 55% off daily rates, including some waived surcharges, as well as seamless UPS connectivity for e-commerce that is integrated with Stamp.com platforms.
Searcher Completes Northern Basins Study
Searcher Seismic announced the expansion of its modern offshore data library with the completion of its Northern Basins Prospectivity Study in Papua New Guinea.The independent multi-client company providing seismic datasets and associated products to the global oil and gas industry…
Yamal LNG Tanker JV No Longer Under Sanctions
Teekay LNG's liquefied natural gas (LNG) tanker venture, the Yamal LNG Joint Venture, is no longer subject to U.S. sanctions after a change of ownership at its partner China LNG Shipping (Holdings) Ltd, Teekay companies said late on Tuesday.Teekay…
Caterpillar Profit Dips; 2019 Outlook Cut
Caterpillar Inc reported a 13.5% fall in quarterly profit on Wednesday, hit by weak demand in its construction and resources units, and the company cut its 2019 profit forecast.Profit attributable to common stockholders fell to $1.49 billion, or $2.66 per share, in the third-quarter ended Sept.
Oil Stockpiling Builds Ahead of IMO 2020 Rules
S-Oil, South Korea's third-largest refiner, said on Wednesday that regional refining margins are expected to improve in the fourth quarter on the back of inventory build-up ahead of implementation of stricter rules on marine fuels in 2020.The refiner…
New Offshore Wind Launch Academy in UK
Offshore Renewable Energy (ORE) Catapult, the UK's flagship technology innovation and research center for offshore wind, wave and tidal energy, has launched a new industry-backed national technology accelerator program.The program is designed…