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Panama Canal Generates Carbon Credits in International Market

AJOT | September 01, 2014 | International Trade | Liner Shipping | Ports & Terminals

The Panama Canal Authority (ACP) has certified Verified Emission Reductions (VERs) or carbon credits, within the framework of the Sustainable Forest Cover Establishment Project in the Canal Watershed. Read More »

Maryland DOT Withdraws For Proposed CSX Intermodal Facility In Morrell Park

AJOT | September 01, 2014 | Liner Shipping | Ports & Terminals

Maryland eyes long-term on-dock solution for Seagirt Marine Terminal Read More »

Clementine Maersk - Vancouver port omission

AJOT | September 01, 2014 | International Trade

Please be advised that after careful consideration, the Clementine Maersk will be omitting the Vancouver port call for this rotation. Read More »

Maersk Implements Port Congestion Surcharge for Sohar, Oman

AJOT | September 01, 2014 | Liner Shipping

Due to heavy congestion in Sohar, Maersk Line will be implementing Port Congestion Surcharge (CON) for North America Export cargo discharged at Sohar, Oman. Read More »

Hapag-Lloyd announces Manual Booking Fee for Denmark and Sweden.

AJOT | September 01, 2014 | Liner Shipping

With effect from September 1, 2014 Hapag-Lloyd will implement a Manual Booking Fee (MBF) for booking requests received manually in Denmark and Sweden as follows: Read More »

Maersk Line Announces Rate Increase for Mediterranean to Canada

AJOT | September 01, 2014 | Liner Shipping

Maersk announces a General Rate Increase for Mediterranean to Canada with an effective date of October 1, 2014. Read More »

Samsung Heavy to absorb Samsung Engineering for $2.5 bln

Reuters | September 01, 2014 | Breakbulk & Projects

Samsung Heavy Industries will absorb Samsung Engineering for about $2.5 billion, the latest step in a restructuring at South Korea’s largest conglomerate that has accelerated since the controlling Lee family’s patriarch was hospitalised in May. Read More »

EALA members visit DAR Port

PR Newswire | August 29, 2014 | Ports & Terminals

EALA members visit DAR Port

EALA is urging Partner States to go the extra mile in creating a conducive environment for trade to thrive. Read More »

TSB deploys a team of investigators to the site of a CP train derailment near Swift Current, Saskatc

PR Newswire | August 29, 2014 | Intermodal

he Transportation Safety Board of Canada (TSB) is deploying a team of investigators near Swift Current, Saskatchewan, where a train operated by Canadian Pacific Railway (CP) derailed yesterday. The TSB will gather information and assess the occurrence. Read More »

China COSCO flags 2014 loss but says market improving

Reuters | August 29, 2014 | Liner Shipping

China COSCO Holdings Co Ltd said on Friday that it would be tough to escape a loss in 2014, but said the shipping market’s outlook was improving in the second half. Read More »

China Rongsheng H1 loss widens 10 times, to make restructuring announcement

Reuters | August 28, 2014 | Liner Shipping

China Rongsheng Heavy Industries Group, the country’s largest private shipbuilder, said its first-half net loss widened more than ten times as shipowners continued to postpone vessel deliveries amid a prolonged industry slump. Read More »

Aircastle to Present at Cowen and Company’s 7th Annual Global Transportation Conference

PR Newswire | August 28, 2014 | Air Cargo

Aircastle Limited (NYSE:AYR) today announced that Michael Inglese, Chief Financial Officer, will be presenting at the Cowen and Company Global Transportation Conference at The Boston Harbor Hotel in Boston on Thursday, September 4, 2014 at 11:20 a.m. Eastern Time. Read More »

Con-way Chief Executive Officer To Address Cowen Conference

PR Newswire | August 28, 2014 | Intermodal

Con-way Inc. (NYSE: CNW) announced today that Douglas W. Stotlar, president and CEO, will make a presentation on September 4 at the Cowen and Company Global Transportation Conference in Boston. The presentation will begin at approximately 8:00 a.m. Eastern Daylight Time. Read More »

As rail jam persists, U.S. power plants rush to roads and rivers

Reuters | August 28, 2014 | Intermodal

U.S. coal-burning power utilities are being forced to turn to barges and more expensive trucks to move coal, desperate to shore up stockpiles left dangerously low by the widespread bottlenecks on rail networks. Read More »

New $480 million solar power project planned for Myanmar

Reuters | August 28, 2014 | International Trade

U.S. investors will help finance a $480 million solar power project in Myanmar's northeastern Mandalay region, which will ultimately provide up to 12 percent of the country's power generation, the U.S. Trade Representative and an investment manager said. Read More »

US second-quarter growth much stronger; jobless claims fall again

Reuters | August 28, 2014 | International Trade

The U.S. economy rebounded more strongly than initially thought in the second quarter with more of the growth being driven by domestic demand and less by restocking by businesses. Read More »

US drops planned duties on specialized steel from Japan, Germany

Reuters | August 28, 2014 | International Trade

The United States will not go ahead with planned import duties on specialized steel from Japan, Germany and Poland after the U.S. International Trade Commission found the imports were not harming local industry. Read More »

Helaba, BNY Mellon team up for German companies’ Asian push

Reuters | August 28, 2014 | International Trade

Helaba, the German landesbank, has unveiled a joint venture with U.S. banking group BNY Mellon and the country's 25 largest savings banks to help corporate customers to expand foreign trade with Asia. Read More »

Moscow courts back closure of three McDonald’s branches

Reuters | August 28, 2014 | International Trade

Russian courts backed the temporary closure of three McDonald's restaurants in Moscow for breaches of sanitary rules, amid a standoff with the West over Ukraine, while the state food safety watchdog suspended work at a fourth. Read More »

Qualcomm may face EU antitrust probe

Reuters | August 28, 2014 | International Trade

Qualcomm, the world's No. 1 mobile chipmaker, may face a European investigation related to a four-year-old complaint from a subsidiary of rival Nvidia Corp, three people familiar with the matter said. Read More »

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