AJOT Digital Edition | Issue #578

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Ocean Carrier Review

Pacific Northwest Ports

View Issue #578 Now!

2014 Media Kit

Breakbulk & Projects

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Diana Containerships Inc. Announces the Sale of a Panamax Container Vessel, the m/v APL Sardonyx

GlobeNewswire | February 07, 2014 | Breakbulk & Projects

Diana Containerships Inc. announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party the 1995-built vessel “APL Sardonyx” for demolition, with delivery due to the buyers by the end of February, 2014, for a sale price of approximately US$10.0 million before commissions. Read More »

Gov. Jindal & International Shipholding Corp. President Johnsen announce relocation to New Orleans

AJOT | February 06, 2014 | Breakbulk & Projects | Ports & Terminals

Governor Bobby Jindal and International Shipholding Corp. President Erik L. Johnsen announced the company will relocate its corporate headquarters from Mobile, Ala., to New Orleans, where the business was founded in 1947. Listed on the New York Stock Exchange as ISH, the company owns and operates a global fleet of waterborne cargo vessels. ISH recorded annual revenue of more than $310 million in its just concluded 2013 fiscal year. After Hurricane Katrina, recovery challenges led the company to relocate its corporate headquarters to Mobile. Read More »

TRACE International And DA-Desk Form Alliance

PR Newswire | February 04, 2014 | Breakbulk & Projects

TRACE International and DA-Desk FZ-LLC today announced a partnership to create greater transparency in the shipping industry. The first-of-its-kind shipping industry partnership pairs TRACE, the worldwide leader in setting the standard for global compliance due diligence, with DA-Desk, the largest independent provider of port cost management services Read More »

Strong orders lift Cargotec turnaround hopes

Reuters | February 04, 2014 | Breakbulk & Projects

Finnish cargo handling equipment maker Cargotec reported a stronger-than-expected order intake in the fourth quarter, boosting hopes its troubled marine business was turning a corner. Read More »

W.B. Johnston Grain to be acquired by CGB Enterprises, Inc.

AJOT | February 03, 2014 | Breakbulk & Projects

We are pleased to announce that W.B. Johnston Grain, (WBJ) the oldest and largest privately owned grain company in Oklahoma, has entered into a Letter of Intent to sell its grain company and related businesses to CGB Enterprises, Inc., an innovative and progressive leader in the grain and transportation industries. The parties expect to the close the transaction within 30 – 45 days. Read More »

Transpacific container shippers plans freight rate rise

Reuters | January 28, 2014 | Breakbulk & Projects

Container shipping lines have agreed to raise Asia-U.S. freight rates in two stages, by $300 per 40-foot container (FEU) from March 15 and then by an unknown amount from May 1, in an effort to halt losses, their organisation TSA said. Read More »

Premium Article  Super Puma makes super trip from Langley BC to Lima Peru

Leo Quigley | January 27, 2014 | Breakbulk & Projects

Super Puma makes super trip from Langley BC to Lima Peru

Flying a helicopter from Canada to the Port of Galveston is a job for professionals. But, hauling a helicopter by road also calls for professionals. And, this is what Schenker of Canada agreed to do late last year when a specialized team, together with a specialized trucking company, were able to complete the job within eight-days; in time to get the machine loaded aboard a ship bound for Peru. Read More »

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