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Issue #583 | Forest Products

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Forest Products

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2014 Media Kit

Breakbulk & Projects

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China COSCO returns to profit, avoids delisting risk

Reuters | March 27, 2014 | Breakbulk & Projects | Liner Shipping

China COSCO Holdings returned to profit in 2013 thanks to investment gains from asset disposals during a global shipping downturn, avoiding a possible delisting after losses in the two previous years. Read More »

Risk of Financial Distress in Container Shipping Industry Rises for Third Straight Year, Says AlixPa

GlobeNewswire | March 25, 2014 | Breakbulk & Projects

Beset by continued sluggish demand, a growing mountain of debt and a radically changing marketplace, listed companies in the global container shipping industry as a whole face a greater risk of financial distress, including possible bankruptcy, than at any time since 2010, and that risk has grown in each of those past three years. That’s according to a new study from AlixPartners, the global business-advisory firm. Read More »

Shagang Shipping arrests HNA Group vessel in Australia 

AJOT | March 19, 2014 | Breakbulk & Projects

Hong Kong company Shagang Shipping has successfully obtained an order for the arrest of the HNA Group controlled vessel MV Bulk Peace from the Western Australia District Registry. The move is part of a long-running legal campaign seeking USD 66.4m from HNA Group, which has failed to honour its guarantee and comply with its contractual obligations surrounding the 2008 hire of the vessel MV Dong-A Astrea. Read More »

Crowley to supply LNG to Coca-Cola Bottlers in Puerto Rico

AJOT | March 12, 2014 | Breakbulk & Projects | Liner Shipping

Crowley’s Carib Energy has been awarded a multi-year contract to supply containerized, U.S.-sourced Liquefied Natural Gas (LNG) to its first industrial customer, Coca-Cola Puerto Rico Bottlers in Cayey and Club Caribe in Cidra, both wholly owned subsidiaries of CC1 Companies. Read More »

Kübler Spedition moves 1000 ton piece in Switzerland

AJOT | March 10, 2014 | Breakbulk & Projects

At the beginning of the year the Kübler Spedition, a member of the Cargo Equipment Experts CEE network in Germany, received a very interesting request from Alstom Power Ltd, Switzerland, who planned the most difficult transport of their company history thus far within its own test centre. Read More »

Quality Carriers expands into West Texas

AJOT | March 07, 2014 | Breakbulk & Projects | Ports & Terminals

Quality Carriers, Inc. ("Quality Carriers"), the leading North American bulk chemical carrier, has expanded into the West Texas market, with a new terminal in Sweetwater, TX. Read More »

Quala announces appointment of President of new IBC division

AJOT | March 07, 2014 | Breakbulk & Projects

 Quala, North America's trusted leader in IBC and bulk transportation services as well as comprehensive sustainable container solutions, announced today the appointment of Eric Amstutz as President of the IBC Division of the company effective immediately.   Read More »

Westcan Bulk Transport Celebrates 50 Years

PR Newswire | March 07, 2014 | Breakbulk & Projects

EDMONTON, Alberta, March 7, 2014 /CNW/ - Westcan Bulk Transport, one of Western Canada's largest haulers of liquid and dry bulk commodities and a division of RTL-Westcan, is proud to be celebrating 50 years in the transportation industry.

Read More »

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