Emirates Airline urges US to ignore subsidy claims

Reuters | February 25, 2015 | Air Cargo

The head of Dubai's Emirates has hit back at U.S. airlines in an increasingly bitter subsidy spat and urged Washington to block their calls to renegotiate Open Skies agreements. Read More »

Menlo Logistics promotes Brian Murphy to Senior Director of Business Development - Emerging Markets

AJOT | February 25, 2015 | People | Appointments | Transport Intermediaries

Menlo Logistics has announced the promotion of Brian Murphy to Senior Director of Business Development - Emerging Markets. Read More »

AMU and Rutgers CCICADA Center to Co-Sponsor First National Maritime Cybersecurity Symposium

AJOT | February 25, 2015 | Liner Shipping

Event Will Focus on Awareness and Best Practices in Cybersecurity Read More »

Oil tankers idle for months off Delaware waters, puzzling some

Reuters | February 25, 2015 | Energy | Maritime

Late last November, the tanker Olympic Flag carrying 650,000 barrels of Angolan crude dropped anchor about 7 miles off the coast in Delaware Bay, a seemingly routine shipment destined for a nearby Philadelphia refinery. Read More »

Russia, Cyprus sign military deal on use of Mediterranean ports.

Reuters | February 25, 2015 | Ports & Terminals | Ports

Russian President Vladimir Putin and his Cypriot counterpart Nicos Anastasiades signed an agreement on Wednesday to give Russian military ships access to Cypriot ports. Read More »

Enterprise says clients must pay for dock work as BP grumbles

Reuters | February 25, 2015 | Energy | Maritime

Enterprise Products Partners LP said on Wednesday that companies using its crude oil storage facility in the Houston Ship Channel must pay extra for dock services, brushing off complaints from client BP Plc . Read More »

Tanker crew members freed after kidnapping off Nigeria

Reuters | February 25, 2015 | Energy | Maritime

Three crew members of a Maltese-flagged supertanker, who were kidnapped by pirates three weeks ago off Nigeria, have been released, Greece’s foreign ministry said on Wednesday. Read More »

Sunoco Logistics shuts West Texas crude pipeline after “anomaly”

Reuters | February 25, 2015 | Energy | Pipeline

Sunoco Logistics Partners LP shut down its 300,000 barrel-per-day West Texas Gulf Pipeline that carries crude oil from the Permian Basin to the U.S. Gulf Coast on Wednesday after an “anomaly” was discovered, according to a notice the company sent to shippers that was obtained by Reuters. Read More »

Lynden International expands global network with new office in Newfoundland

PR Newswire | February 25, 2015 | Transport Intermediaries

SEATTLE, Feb. 25, 2015 /CNW/ -- Lynden International, a full-service freight forwarding and logistics company, announces the opening of a new Service Center in St. John's, Newfoundland. The new location adds a strategic link to Lynden's extensive global network and will help meet the increasing demand for transportation and logistics in the region. District Operations Manager Jim Giles will manage the office, which will offer a direct connection between Houston, Texas, and the island to support its growing oil and gas industry.

Read More »

Brazil’s main port of Santos reopened on truck strike’s 8th day

Reuters | February 25, 2015 | Ports & Terminals | Ports

Brazilian police on Wednesday dispersed striking truckers to reopen access to the country’s main port of Santos but the protesters’ stoppage still gripped a broad swathe of the nation where most farming and industry are concentrated. Read More »

Premium Article  Latin American and Asian markets star performers for IAG Cargo

Ken Gangwani | February 25, 2015 | International Trade

Since its formation, IAG Cargo has seen dramatic growth in Latin America and the Asian region and is continuing to add more capacity to Latin America as demand continues to grow while in Asia, where IAG Cargo has a comprehensive network, further growth hinges on the performance of China Read More »

Premium Article  Ports of Florida and beyond must ready to handle ever-increasing waves of cargo

Paul Scott Abbott | February 25, 2015 | Ports & Terminals | Ports | Container Port

Bigger ships delivering larger waves of cargo pose significant challenges for ports and connective infrastructure, according to industry leaders gathered recently in Tampa, Fla. Read More »

Maersk to hand $6.6 billion to investors after selling Danske stake

Reuters | February 25, 2015 | Liner Shipping

Danish shipping and oil group A.P. Moller-Maersk will hand shareholders a $6.6 billion windfall in dividends this year after it sells its 20 percent stake in Denmark’s biggest bank Danske. Read More »

Malaysia’s Tenaga raises takeover offer price for port operator

Reuters | February 25, 2015 | Ports & Terminals | Terminals | Terminal Operator

Tenaga Nasional Bhd , Malaysia’s largest power group, said on Wednesday it has raised the takeover price for Integrax Bhd by 18.2 percent after a leading shareholder of the port operator rejected its offer. Read More »

Access road to Brazil’s Santos port cleared of striking truckers

Reuters | February 25, 2015 | Ports & Terminals | Ports

A main access road to Brazil’s Port of Santos was cleared early on Wednesday after a truck driver strike dispersed, though other roads in the country remained blocked as protests stretched into a second week. Read More »

Port of Houston Authority is ready for increased demand

GlobeNewswire | February 24, 2015 | Ports & Terminals | Ports | Container Port

The Port of Houston Authority is ready to provide cost-efficient and consistent solutions to cargo owners and logistics companies, Executive Director Roger Guenther said today in his monthly report to the Port Commission. Read More »

Fed chief warns against grafting currency rules onto trade deals

Reuters | February 24, 2015 | International Trade

Federal Reserve Chair Janet Yellen warned Congress against a bid to crack down on currency cheats and said adding currency rules to trade deals could hobble monetary policy. Read More »

US raises concerns over ‘made in Indonesia’ smartphone law

Reuters | February 24, 2015 | International Trade

The United States is pressing Indonesia to relax local-content rules it believes will handicap efforts of tech firms such as Apple to expand into one of the world’s last big markets where demand for high-end smartphone has yet to really take off. Read More »

Japan-US TPP talks are behind schedule

Reuters | February 24, 2015 | International Trade

Japanese Economy Minister Akira Amari said that talks between Japan and the United States on a trade deal are running behind schedule. Read More »

Cuban cigar maker eyes 25-30% of US market if embargo lifted

Reuters | February 24, 2015 | International Trade

Cuban cigar-maker Habanos S.A. expects to immediately gain 25 to 30 percent of the U.S. premium cigar market if the United States lifts its trade embargo and up to 70 percent of the market within a few years, the company said. Read More »