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CTQI for Port of Cartagena

Two terminals in the Port of Cartagena have been certified by the Institute and Germanischer Lloyd (GL) according to the Container Terminal Quality Indicator (CTQI) standard.
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World Bank Releases Latest Ranking of Logistics Performance by Country

The World Bank has ranked more than 150 countries based on their logistics infrastructure and performance and has released the data as the 2010 Logistics Performance Index.
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CMA CGM Refinanced

A consortium of banks have agreed to release $80 million to CMA CGM as part of its restructuring plan.
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Port Authority of Valencia and the Valenciaport Foundation Present the Port Cluster Governance Committee

The Port Authority of Valencia (PAV) and the Valenciaport Foundation have presented the Port Cluster Governance Committee (PCGC) to all the members of the port community of Valencia. more...
>>PCGC Webpage

HHLA Terminal Re-Certified with CTQI Standard
For the second consecutive year, classification society Germanischer Lloyd has certified Hamburger Hafen und Logistik AG’s Container Terminal Altenwerder to the CTQI standard. more...

Measuring Global Seabourne Trade

New research from Lloyd's MIU unveiled at the International Maritime Statistics Forum conference in New Orleans in May 2009 for the first time attempts to provide a systematic bottom up calculation of global seaborne trade measured in terms of both volume and value. more...
>>To Connect to the IMSF Presentation Click Here

The World Economy and Container Trade

Terence Smyth and Gordon Payne of Seaports Consultants Canada examine the current ecomomic outlook and its implications for container trade. more...

BIRMINGHAM OCTOBER 2009

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REVISED EU AIR CARGO RULES LEAVE OPEN SECURITY LOOPHOLES
Loopholes in the EU security rules governing air cargo flying in passenger aircraft could remain for another two years despite the introduction of revised rules intended to tighten security and close the loopholes more...

SINGAPORE AIRLINES RETURNS TO PROFIT
Singapore Airlines posted a 20% rise in fiscal third-quarter profit, helped in part by declines in fuel and staff costs. Net profit rose to 403.7 million Singapore dollars (US$286.3 million) in the three months ended Dec. 31 from S$337.2 million a year earlier, the airline said. more...

FEDEX'S MEMPHIS AIRPORT WORLD'S BUSIEST
In 2009 FedEx's home airport in Memphis, Tennessee, USA was the world's busiest cargo airport for the 18th straight year, widening the gap between it and runner up Hong Kong. more...

SOMALI PIRATES SEIZE NKOREAN CARGO SHIP
After the release of a Greek-owned vessel, Somali pirates hijack a North Korean-flagged ship, the European Union's anti-piracy naval force says. The pirates seized the MV Rim Wednesday in the Gulf of Aden, making the vessel change course and head towards the Somali coast. more...

YANGSHAN PORT TO GET NEW LOGISTICS COMPLEX
Grand Power Logistics Group, a China-based international logistics provider, this month reported that its 70% owned subsidiary, Grand Power Logistics Development had signed a memorandum of understanding to develop the Yangshan International Container Transit Logistics Park. more...

RYDER PROFIT & OUTLOOK DISAPPOINTS
Ryder System reported weaker-than-expected quarterly profit amid soft demand for freight shipments and forecast 2010 earnings below Wall Street forecasts, sending shares down 11 percent in early trading. more...

TOLL TAKES MAJOR STEP INTO US LOGISTICS MARKET
Toll Group's plan to boost its global forwarding effort with an entry into the US market has taken a significant step forward with the $80m acquisition of US firm Summit Logistics International. more...

GUANGDONG'S 1st AIRPORT BONDED LOGISTICS CENTER OPENS
Guangzhou Airport Bonded Logistics Center, Guangdong Province’s first bonded logistics center for air freight, has officially opened and started operation. more...