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Some of the Smaller Stories of the Week from Shipping and Logistics

Just in Case You Missed Anything

TURKEY – The weekly look at some logistics items you may have missed starts with the news that Danish headquartered shipping and freight forwarding group Martin Bencher has opened an office in Istanbul. The company says the new base in the Turkish financial capital gives them enhanced access to Asia, Europe and North Africa.

Friday, December 6, 2019
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image: US SWEDEN staff news appointments HR Kitack Lim shipping logistics

Who is Off Where This Week Revealed as Staff News in Shipping and Logistics Changes Announced

Pre-Christmas News in HR Throughout the Industry

WORLDWIDE – This week's round-up of staff changes and appointments starts with the renewal of Kitack Lim's appointment as Secretary General of the International Maritime Organization (IMO) for a second term of 4 years, from January 1, 2020 to December 31, 2023. His re-appointment was approved at the IMO Assembly meeting earlier this week.

Friday, December 6, 2019
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image: US Celadon stock loss trucking Executives Indicted for Fraud

Multi-Million Dollar Stock Loss Sees US Trucking Executives Indicted for Fraud

Securities and Accounting Swindle puts Two More in the Dock

US – The former Chief Operating Officer and Chief Financial Officer of Celadon Group, a publicly traded transportation and trucking company headquartered in Indianapolis, Indiana, were charged by way of an indictment, for their alleged role in a complex securities and accounting fraud scheme that resulted in a loss of more than $60 million in shareholder value.

Friday, December 6, 2019
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image: US Canada Saudi Arabia Rock it Cargo shipping containers Cosdel logistics freight

Huge Variety of Classic Cars Needed 250 Shipping Containers to Reach Auction House

Sighs of Relief as Multi Million Portfolio of Vehicles Arrive Safely

US – CANADA – SAUDI ARABIA – There must have been a huge sigh of relief recently in the offices of Cosdel International Transportation, a Rock-it Cargo company, when the last batch of 447 high end vehicles, successfully transported to Riyadh over the past few months, arrived safely.

Friday, December 6, 2019
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image: IMO Norway Food and Agriculture Organization of the United Nations shipping fisheries plastic pollution gill nets

International Effort to Cut Plastic Pollution from the Shipping and Fisheries Sectors

New UN and IMO Project Targets Scourge of the Oceans

NORWAY – WORLDWIDE – Anyone who has seen the detritus gathered around the corners of wharves and docks, or seen the miles of discarded nylon gill nets which can kill fish and other creatures as they drift the oceans, will welcome a new global project to prevent and reduce marine plastic litter from shipping and fisheries. It has been launched by the International Maritime Organization (IMO) together with the Food and Agriculture Organization of the United Nations (FAO). Initial funding for the project is from the Government of Norway.

Thursday, December 5, 2019
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image: Drewry index tracker bunker low sulphur fuel maritime IMO2020

Maritime Advisory Group Introduces Low Sulphur Fuel Index Tracker

Variable Bunker Costs Post Cap Addressed

WORLDWIDE – As part of a series of initiatives aimed at bringing greater transparency to fuel costs resulting from the new IMO 2020 low-sulphur regulation, maritime advisory, statistics and research group Drewry has published its first low-sulphur reference bunker index tracker.

Thursday, December 5, 2019
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image: UK Port of Tyne container terminal extension multimodal volumes

New Container Terminal Extension Added Due to Rise in Freight Tonnages

Less Than Six Months to Complete Multi Million Pound Addition

UK – The Port of Tyne has completed a multi million pound container terminal extension. Completed in just under 6 months, growth of 25% in container volumes in the past five years has seen the port invest substantially to extend its 20 acre container terminal.

Wednesday, December 4, 2019
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