Breakbulk & Projects

Aal Bolsters Pacific expansion plans with industry award win in Canada

AJOT | February 17, 2015 | Breakbulk & Projects | Projects

The award win follows a sustained two-year period of investment and development for AAL in the Pacific region, which has seen the establishment of its AAL Pacific Service, overseeing a unique combination of regular liner shipping and tailor-made tramp solutions for cargo transportation to destinations worldwide. Read More »

Drewry: Dry bulk shipping set to recover in late 2015

AJOT | February 17, 2015 | Breakbulk & Projects | Breakbulk

Strong trade growth, moderating fleet development and deployment of new fuel efficient vessels are expected to lead to a recovery in dry bulk shipping rates later in 2015, according to the latest edition of the Dry Bulk Forecaster, published by global shipping consultancy Drewry. Read More »

South Africa aims to boost gas import infrastructure

Reuters | February 17, 2015 | Breakbulk & Projects | Projects | Energy

South Africa plans to improve infrastructure such as pipelines and ports to boost gas imports for use in power generation, the acting director general of the department of energy said on Tuesday. Read More »

Transportation group Ceo says cutting Highway Trust Fund shortsighted

AJOT | February 16, 2015 | Breakbulk & Projects | Energy | Maritime | Rail and Road

American Public Transportation Association (APTA) President and CEO Michael Melaniphy says eliminating public transit funding from the Highway Trust Fund would be shortsighted. Read More »

China rule change paves way for Vale’s mega-ships official entry

Reuters | February 12, 2015 | Breakbulk & Projects | Breakbulk | Ports & Terminals

China has amended rules around ships it will allow to berth at mainland ports, paving the way for Brazilian miner Vale to ship iron ore in its giant 400,000 deadweight tons (DWT) carriers. Read More »

Sinking of ship carrying Malaysian bauxite raises moisture concerns

Reuters | February 12, 2015 | Breakbulk & Projects | Breakbulk

Marine insurers have issued warnings about the risk of shipping bauxite in case excess moisture liquefies the cargo and makes it unstable after a ship carrying a Malaysian shipment of the ore sank last month. Read More »

Dry bulk shippers set up combined chartering venture

Reuters | February 12, 2015 | Breakbulk & Projects | Breakbulk

Five dry bulk shipping firms, including shipping tycoon John Fredriksen's Golden Ocean will form a new venture to coordinate chartering services, hoping to reduce costs in a fragmented market, the firms said in a joint statement. Read More »

House sends Keystone Pipeline Bill to President

AJOT | February 12, 2015 | Breakbulk & Projects | Projects | Energy | Pipeline

Transportation and Infrastructure Committee Chairman Bill Shuster (R-PA) released the following statement after the House voted to send a measure approving construction of the Keystone XL Pipeline project to the President Read More »

UK P&I Club and Allianz Global Corporate & Specialty publish guide on heavy-lift and project cargo

AJOT | February 11, 2015 | Breakbulk & Projects | Projects

The UK P&I Club (“the Club”) has joined forces with leading marine cargo insurer Allianz Global Corporate & Specialty (AGCS) to publish new practical guidance for shipowners and operators on how to carry heavy-lift and project cargo safely at sea. Read More »

Port Manatee handling massive generators for expansion of Tampa Electric power plant

AJOT | February 10, 2015 | Breakbulk & Projects | Projects | Ports & Terminals | Ports | Container Port

Demonstrating its outstanding capabilities for moving massive project cargos, Port Manatee is handling imports of several heat recovery steam generators, commonly referred to as HSRGs, and other related oversized units destined for expansion of a nearby power plant. Read More »

Dry bulk shippers set up combined chartering venture

Reuters | February 10, 2015 | Breakbulk & Projects | Breakbulk

Five dry bulk shipping firms, including shipping tycoon John Fredriksen’s Golden Ocean will form a new venture to coordinate chartering services, hoping to reduce costs in a fragmented market, the firms said in a joint statement. Read More »

Ethiopia bets on grand projects in drive for industrial power

Reuters | February 09, 2015 | Breakbulk & Projects | Projects

Chinese workers mingle with Ethiopians putting the finishing touches to a metro line that cuts through Addis Ababa, one of a series of grand state infrastructure projects that Ethiopia hopes will help it mimic Asia’s industrial rise. Read More »

Danish shipping company Copenship files for bankruptcy

Reuters | February 04, 2015 | Breakbulk & Projects | Breakbulk

Privately-owned shipping company Copenship has filed for bankruptcy in Copenhagen after losses in the dry bulk market, its Chief Executive Michael Fenger told Reuters. Read More »

Vale’s mega-ships dock at five Chinese ports

Reuters | February 01, 2015 | Breakbulk & Projects | Breakbulk | Ports & Terminals

Brazilian miner Vale's mega-ships have been able to dock at five ports in China, the firm's head of investor relations said as a ban that had been in place since 2012 is relaxed. Read More »

China COSCO, China Shipping Development flag profitable 2014

Reuters | February 01, 2015 | Breakbulk & Projects | Breakbulk | Liner Shipping

China COSCO, the country's largest dry bulk shipping line, said its 2014 net profit would be more than 50 percent higher than the previous year after it made headway in increasing revenue. Read More »

Senator Shuster releases statement on senate approval of Keystone bill

AJOT | January 30, 2015 | Breakbulk & Projects | Projects | Energy | Pipeline

House Transportation and Infrastructure Committee Chairman Bill Shuster (R-PA) released the following statement following the Senate bipartisan passage of legislation to approve construction of the Keystone XL pipeline project Read More »

AAL Launches New Operation, AAL Japan

AJOT | January 28, 2015 | Breakbulk & Projects | Projects | Ports & Terminals | Ports | Break Bulk Port

New Tokyo office for global breakbulk and heavy lift operator; boosts its service offering & commitment to local customers. Read More »

Hans Heavy Lift boosts global management team

AJOT | January 28, 2015 | Breakbulk & Projects | Projects

Hansa Heavy Lift has appointed Maximilian Harmstorf as Head of its Europe, Middle East and Africa (EMEA) region, based in Hamburg/Germany. Read More »

Has China’s base metals import appetite peaked?

Reuters | January 26, 2015 | Breakbulk & Projects | Breakbulk | International Trade

Not so very long ago base metals bulls marched to the beat of the monthly release of China's trade figures. Read More »

Water works – pipeline projects for water transfer: engineering and financial challenge

Matt Miller | January 26, 2015 | Breakbulk & Projects | Projects | Energy | Pipeline

While modern-day pipeline projects have become synonymous with oil and gas, there’s another effort afoot that doesn’t get nearly the publicity: water transfer. Read More »