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Port of Morehead City Container Crane

AJOT | July 28, 2014 | Photos

Port of Morehead City Container Crane

Port of Morehead City Container Crane Read More »

Hamburg Süd opens office in Nanjing

AJOT | July 30, 2014 | Liner Shipping

On 1 August, Hamburg Süd is opening an office in Nanjing, China. All tasks that were previously carried out by the Ben Line agency will in future be taken over by the new Hamburg Süd office. Read More »

ARC Advisory Group Ranks Manhattan Associates “Worldwide Leading Supplier of Warehouse Management

AJOT | July 30, 2014 | Transport Intermediaries

Supply Chain Commerce Solutions provider Manhattan Associates, Inc. (Nasdaq:MANH) announced today that it has been ranked as the global leading supplier of "Total WMS Software and Services" in ARC Advisory Group's "Warehouse Management Systems Global Market Research Study, Market Analysis and Forecast Through 2018." Read More »

Russia’s Lukoil says West Qurna-2 oil output at 280,000 bpd

Reuters | July 30, 2014 | Energy | Discovery

Russia’s second largest oil producer Lukoil said on Wednesday crude output at its West Qurna-2 oilfield in Iraq had increased to 280,000 barrels per day. Read More »

Kenya’s Mombasa port traffic up 13 percent in H1

Reuters | July 30, 2014 | Ports & Terminals

Container traffic through Kenya’s biggest port grew by 12.8 percent in the first six months of the year after new cargo handling infrastructure was built to shorten the turnaround time for ships. Read More »

Iraqi Kurdistan sends letter to U.S. court over oil cargo

Reuters | July 30, 2014 | Energy | Maritime

The Kurdistan Regional Government (KRG) said on Wednesday it had sent a letter to a U.S. court in Texas over a seized cargo of Kurdish crude oil to counter claims from Iraq’s central government in Baghdad which maintains the oil was illegally exported. Read More »

Acciona close to naming advisers for foreign energy float

Reuters | July 30, 2014 | Energy | Maritime | Liner Shipping

* Wind farm yieldco with KKR toSpanish infrastructure and energy firm Acciona is close to mandating advisers for a stock market listing of its foreign wind farms and may sell its shipping business this year in a push keep debt under control, an executive said on Wednesday. Read More »

Ship loads first U.S. condensate export cargo in 40 years

Reuters | July 30, 2014 | Energy | Maritime

An oil tanker has started loading a cargo of condensate, or ultra-light oil, the first such export from the United States since the easing of a 40-year-old ban on U.S. crude exports, two sources familiar with the matter said on Wednesday. Read More »

U.S. judge says Kurdish tanker near Texas out of court’s jurisdiction

Reuters | July 29, 2014 | Energy | Maritime

A U.S. judge said on Tuesday her court “has no jurisdiction” over a tanker near Texas loaded with Kurdish crude oil because it is some 60 miles offshore, meaning the order she issued earlier to seize the $100 million cargo cannot be enforced at this time. Read More »

U.S. expands economic sanctions on Russia over Ukraine

Reuters | July 29, 2014 | International Trade

President Barack Obama said on Tuesday the United States has expanded sanctions against Russia over its support for rebels in eastern Ukraine, unveiling the steps after the EU agreed to its own new measures against Moscow hours earlier. Read More »

ATA tells Congress trucking invests at least $7.5 billion in safety

AJOT | July 29, 2014 | Intermodal

The American Trucking Associations testified to Congress that the industry invests more than $7.5 billion in preventing crashes on the nation's highways. Read More »

Poor employee training blamed for 2012 New Jersey Conrail derailment

Reuters | July 29, 2014 | Intermodal

Federal investigators on Tuesday blamed inadequate employee training at Conrail for a November 2012 freight train derailment and toxic spill in southern New Jersey that sickened residents and forced hundreds to flee the area. Read More »

Iraq warns companies against dealing with oil smuggled by Kurds

Reuters | July 29, 2014 | Energy

Iraq warned companies on Tuesday against dealing with oil smuggled from the Kurdish region and said it would ensure such cargoes are seized, as U.S. authorities were set to seize a shipment from Iraqi Kurdistan anchored off the Texas coast. Read More »

Trade may be flagging, global growth at risk

Reuters | July 29, 2014 | International Trade

While most investors are transfixed by trying to anticipate the next jurisdiction-hopping, tax-driven merger, there are small but growing signs that global growth may be headed for a slowdown. Read More »

Microsoft targeted in apparent Chinese anti-trust probe

Reuters | July 29, 2014 | International Trade

Microsoft Corp appears to be the latest U.S. company targeted by China for anti-trust investigation after government officials paid sudden visits to the software firm's Chinese offices. Read More »

Honda profit beats estimates but US sales dented

Reuters | July 29, 2014 | International Trade

Honda Motor Co said teething troubles at a new plant in Mexico dented sales and profit in the U.S. market, its biggest, taking the shine off a better-than-expected rise in quarterly profit powered by brisk results in Japan. Read More »

McDonald’s Japan considering procuring chicken from Brazil

Reuters | July 29, 2014 | International Trade

McDonald's Holdings Co (Japan) said that it is considering procuring chicken from Brazil, after a major meat supplier in China was shut down by regulators for food safety breaches. Read More »

IP profit beats as sales inch higher in US, Europe

Reuters | July 29, 2014 | International Trade

International Paper Co., the largest corrugated box maker in North America, posted a higher-than-expected profit, citing returning demand in the United States and Europe. Read More »

India’s Ranbaxy posts loss on provision for US settlement

Reuters | July 29, 2014 | International Trade

Indian generic drugmaker Ranbaxy Laboratories Ltd posted a net loss for the quarter to end-June after making a provision related to "ongoing settlement discussions" with U.S. government authorities. Read More »

TRW Automotive second-quarter profit beats expectations

Reuters | July 29, 2014 | International Trade

Auto systems supplier TRW Automotive Holdings Corp, targeted for takeover by ZF Friedrichshafen, easily beat Wall Street profit expectations for the second quarter as revenue rose 2 percent. Read More »

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