Topic
transport
Logistics LRT Group Acquires F2F Transport, Plans Fleet Expansion and Uninterrupted Service
LRT Group, a Fort Payne, Ala.-based transportation holding company, has acquired Chattanooga-based F2F Transport. The acquisition will add F2F to LRT's portfolio, with operations continuing without interruption. Owner-operators in F2F's network will gain increased access to dedicated freight opportunities. LRT Group plans to expand the F2F Transport fleet as part of its long-term growth strategy.
Logistics Hong Kong Firm Synelysia Orders Eight Feeders at Xinle
Synelysia Limited, a new Hong Kong company, has ordered up to eight feeder containerships at Xinle Shipyard. The vessels are expected to be delivered starting in 2028, with each ship costing approximately $32 million.
Logistics Purus Expands LNG Fleet with New Samsung Order
Purus Marine is linked to a new LNG carrier order at Samsung Heavy Industries, expanding its fleet. The $252m contract for a 174,000 cu m vessel is set for delivery in January 2029.
Logistics International Seaways Orders LNG-Ready Tankers in South Korea
International Seaways has contracted two LNG-ready LR1 product tankers at K Shipbuilding in South Korea, with options for two more. This move aligns with their fleet optimization strategy, following recent vessel sales and platform expansions.
Logistics Sincere Navigation Sells VLCC Maxim to Sinokor
Sincere Navigation has sold its 2011-built VLCC Maxim to Sinokor, marking its second VLCC sale this year. This transaction highlights Sinokor's active role in the VLCC market.
Logistics CMA CGM Expands Fleet with New Hengli Boxship Order
CMA CGM has placed an order for eight 6,000 TEU containerships at Hengli Heavy Industries, enhancing its fleet expansion. This move strengthens CMA CGM's position with the largest orderbook among global liners.
Logistics NMFTA Unveils Portal to Combat Freight Fraud
The National Motor Freight Traffic Association (NMFTA) has launched a new Threat Report Portal to anonymously report freight fraud and cybercrime. This initiative aims to improve threat intelligence sharing across the transportation industry.
Logistics K Line and MISC Secure New LCO2 Carrier Charter
K Line and MISC have secured a new charter for a 12,000 cu m LCO2 carrier from Northern Lights. This expands their role in European CO2 transport, with delivery expected between 2028 and 2029.