Diana Shipping Inc. announces time charter contract for m/v Semirio

AJOT | April 03, 2011 | Breakbulk & Projects

Diana Shipping Inc. a global shipping company specializing in the transportation of dry bulk cargoes, today announced that it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Capesize dry bulk carriers, the Read More »

Dockwise appointed preferred transport provider for Seadrill

AJOT | April 03, 2011 | Breakbulk & Projects

Dockwise Ltd. Announced that it has entered into a Master Service Agreement (MSA) with Seadrill Management AS to provide for the transportation requirements of all relevant rigs operated by the Seadrill group, including its subsidiaries. Read More »

Sri Lankan peace dividend pays off with creation of Projects FPS

AJOT | April 03, 2011 | Breakbulk & Projects

The ending of Sri Lanka's 30-year ethnic war in May 2009 has created an atmosphere so welcoming to infrastructure investments that Famous Pacific Shipping Lanka (Pvt) Ltd , a member of the Famous Pacific Shipping Group, will launch an independent heavy li Read More »

Dockwise announces USD $30 million in heavy marine transport awards

AJOT | April 03, 2011 | Breakbulk & Projects

Dockwise Ltd. announces that nine awards for Heavy Marine Transport (HMT) have recently been secured by its subsidiary Dockwise Shipping, with a total contract value of more than USD 30 million.

Dockwise has been awarded a contract by Baerfield Drilli Read More »

APM Terminals says to get Peru concession

AJOT | April 03, 2011 | Ports & Terminals

APM Terminals has been awarded operatorship of a multipurpose facility at Puru's Port of Callao, the company said.

APM Terminals will operate the Muelle Norte terminal, which is a multipurpose facility for container shipping, general cargo, roll-on-ro Read More »

Shipping resumes in St Lawrence Seaway

AJOT | April 03, 2011 | Ports & Terminals

Navigation resumed on a key canal in the St. Lawrence Seaway early March 31st, after a vessel earlier veered off course and grounded, halting traffic.

The BBC Steinhoelft was refloated in the Montreal South Shore canal and removed for inspection, said Read More »

New All-Water Asia Service picks Port of Charleston

AJOT | April 03, 2011 | Ports & Terminals

A group of major shipping lines has selected the Port of Charleston for a new, all-water service connecting the growing Southeast U.S. region with South Korea and Central and South China

The South China East Coast Express 2 (SCE2) service, a joint ser Read More »

Suez Canal traffic resumes after beached ship moved

AJOT | April 03, 2011 | Ports & Terminals

Traffic through Egypt's Suez Canal resumed after a 42,000-ton container ship that ran aground earlier was moved, an official at the Suez Canal Authority said. Read More »

Governor Jindal announces new export grain terminal at Port of Lake Charles

AJOT | April 03, 2011 | Ports & Terminals

Gov. Bobby Jindal joined IFG Port Holdings LLC CEO Kabir Ahmad and Union Pacific Railroad Chairman and CEO Jim Young to announce the state, Port of Lake Charles, IFG and Union Pacific have finalized agreements necessary for IFG to launch a new, state-of-t Read More »

Konecranes wins first RTG order in the UK

AJOT | April 03, 2011 | Ports & Terminals

UK-based PD Teesport awarded Konecranes a contract for four RTG (rubber tired gantry) cranes. These are the first Konecranes cranes of this type to be delivered to the UK. The eco-efficient RTGs will be delivered in autumn 2011. Read More »

Holt Logstics invests more than $1 million on new equipment

AJOT | April 03, 2011 | Ports & Terminals

In its continuing effort to grow the containerized cargo business at the Packer Avenue Marine Terminal (PAMT), Holt Logistics Corp. announced that Greenwich Terminals, LLC will invest an additional $1 million in new storage equipment designed to increase Read More »

‘Cold Train Intermodal’ celebrates successful one-year anniversary

AJOT | April 03, 2011 | Intermodal

Cold Train was spun off from Rail Logistics (of Overland Park, KS). According to Chris Mnichowski, the Owner and President of CTI Freight Systems, the parent company of Cold Train Intermodal (dba "Cold Train"), "We needed to direct our time, talents and r Read More »

South African rail derailment lost 500,000 tons of export coal

AJOT | April 03, 2011 | Intermodal

A derailment on South Africa's rail lines to the Richards Bay Coal Terminal has lost around 500,000 tons of export coal, industry sources said.

The accident, which took place on the line near Ermelo in the northeastern province of Mpumalanga, shut two Read More »

Globaltrans sees 2011 growth

AJOT | April 03, 2011 | Intermodal

Russia's largest private freight operator Globaltrans expects around 20 percent sales growth in 2011 on the back of a stronger economy and may bid for state-controlled Freight One when it comes up for sale.

The company, seen as a barometer for the Rus Read More »

Hub Group buys Exel Transportation for $83 mlllion

AJOT | April 03, 2011 | Intermodal

Transportation management company Hub Group Inc said it bought Dallas, Texas-based freight broker Exel Transportation Services for about $83 million. Read More »

Global trade seen limiting food price volatility

AJOT | April 03, 2011 | International Trade

Increased global trade in agricultural commodities can help to limit world food price volatility, while trade restrictions help to fuel it, economists from the World Bank and European Union said.

France is seeking greater international coordination to Read More »

Argentina import curbs may hurt Mercosur talks

AJOT | April 03, 2011 | International Trade

Argentina's moves to restrict imports and prop up its shrinking trade surplus could hurt talks for a trade deal between South America's Mercosur bloc and the European Union, an EU official said.

In May 2010, the two sides relaunched talks that had bee Read More »

EU files tactical appeal in Boeing trade spat

AJOT | April 03, 2011 | International Trade

The European Union filed an appeal against an aircraft subsidies ruling just hours after calling it a victory, a tactical move in a transatlantic game of global trade chess.

Europe's appeal came after the World Trade Organization ruled Boeing had rece Read More »

US biodiesel makers rap EU trade tariff extension

AJOT | April 03, 2011 | International Trade

U.S. biodiesel makers said that a European Union decision to extend tariffs on imported biodiesel blends was illegal, fuelling a transatlantic battle for a share in the world's renewable energy market.

EU government representatives backed a plan to ex Read More »

Canada warns EU of trade conflict over oil sands

AJOT | April 03, 2011 | International Trade

The Canadian government has stepped up lobbying in Europe for its highly-polluting tar sands industry, repeating its threats of trade conflict, a leaked letter shows.

The letter dated March 18 to Europe's commissioners for climate, trade and energy fo Read More »