Schiphol Cargo game wins award

AJOT | August 11, 2011 | Air Cargo

A 'serious' game, designed to promote the benefits of the Schiphol Smartgate Cargo system, has won an Outstanding Achievement Award in the Interactive Media Awards.

Smartgate The Game shows players how the supply chain works, and illustrates th Read More »

HNA bids for Hochtief airport assets

AJOT | August 11, 2011 | Air Cargo

HNA Group, the parent of China's fourth-largest airline Hainan Airlines Co Ltd, has joined the fray in bidding for Hochtief AG's airports business.

HNA's airport unit was among those shortlisted to move to the second round of bidding for Hochtief's ai Read More »

Cathay Pacific H1 net profit down 59%, beats forecasts

AJOT | August 11, 2011 | Air Cargo

Cathay Pacific Airways Ltd , Asia's No.4 air carrier by market value, posted a better-than-expected 59 percent fall in first-half net profit on soaring fuel costs and placed an order for 12 Boeing aircraft with a list price of $3.28 billion.

Cathay, t Read More »

Cargo plane crash kills 11 in Russian Far East -RIA

AJOT | August 11, 2011 | Air Cargo

A cargo plane crashed in Russia's Far Eastern Kolyma region, killing 11 people after it disappeared from radar screens, a transport official was quoted as saying by state news agency RIA Novosti. Read More »

LeanLogistics partners with Aberdeen Group to release industry benchmark report

AJOT | August 11, 2011 | Liner Shipping

LeanLogistics, a global solutions provider of transportation management system (TMS) applications and supply chain services, has partnered with Aberdeen Group to sponsor research for the Aberdeen Group benchmark report, "Integrated Transportation in a Cap Read More »

NOL Group reports US$67 million loss in first half of 2011

AJOT | August 11, 2011 | Liner Shipping

Global container shipping and logistics group Neptune Orient Lines (NOL) has reported a net loss of US$67 million for the first half of 2011 compared to a US$1 million net profit in the same period a year ago. The Group said it lost US$57 million in the Read More »

Pasha Hawaii cuts steel for second vessel

AJOT | August 11, 2011 | Liner Shipping

Honolulu-based Pasha Hawaii has announced the MV Marjorie C's first steel plate was cut, launching the official start of construction for the company's second vessel. The steel was cut at VT Halter Marine's shipyard in Pascagoula, MS. The Marjorie C Read More »

Matson to discontinue CLX2 Service; commitment to CLX1 reaffirmed

AJOT | August 11, 2011 | Liner Shipping

Citing sustained high fuel prices, downward rate pressure and overcapacity in the Transpacific trade, Matson announced that it is discontinuing in late August its expanded China ' Long Beach Express service (CLX2), which includes service to and from Hong Read More »

Crowley scheduled for inaugural Tampa Port call in Central American Ro/Ro service

AJOT | August 11, 2011 | Liner Shipping

Crowley Maritime Corp. has plans to make its inaugural port call to Tampa, Fla., on Friday, September 02, 2011, as part of its Central American Roll-on/Roll-off (Ro/Ro) service. This service accommodates Ro/Ro, breakbulk and project cargoes. Based on cur Read More »

Hamburg S’d receives two environmental awards in the USA

AJOT | August 11, 2011 | Liner Shipping

Hamburg S'd has again been honoured for its sustainable and environmentally conscious conduct. First, in late July 2011, it received the Air Quality Award from the San Pedro Bay Ports Clean Air Action Group (backed by the ports of Los Angeles and Long Bea Read More »

APL’s on-time record in Trans-Pacific hits 94% in first half 2011

AJOT | August 11, 2011 | Liner Shipping

Container shipping leader APL's on-time performance in the Trans-Pacific trade was 94% for the first half of 2011.

In its mid-year report on 2011 vessel reliability, the Singapore-based carrier said today that APL ships missed their arrival window onl Read More »

Wary retailers put holiday shipping boost in doubt

AJOT | August 11, 2011 | Liner Shipping

The struggling U.S. economy is beginning to take its toll on shipping companies which should be seeing a big boost from their peak season but instead find retailers delaying decisions about how much to import.

Retailers that had to discount sharply in Read More »

Hamburg S’d increases BAF for USA/Canada West Coast to European & Mediterranean destinations

AJOT | August 11, 2011 | Liner Shipping

Effective October 1, 2011, the Bunker Adjustment Factor (BAF) for all cargo moving from US and Canadian West Coast Ports to European and Mediterranean destinations will be increased from USD 346/20', USD 692/40' to USD 392/20', USD 784/40'. Read More »

China pushes hi-tech for shipbuilders to unseat South Korea

AJOT | August 11, 2011 | Liner Shipping

China should regain its status as the world's leading shipbuilder in the next few years if domestic suppliers such as China Rongsheng and Yangzijiang Shipbuilding quickly modernize their drydocks and close the technology gap with South Korean competitors. Read More »

Hyundai Merchant says to order 5 new container ships

AJOT | August 11, 2011 | Liner Shipping

Hyundai Merchant Marine said that it planned to order five new container ships worth a total of 695 billion won ($638.7 million).

Hyundai said in a regulatory filing that the addition of the five 13,100 twenty-foot equivalent unit (TEU) vessels would Read More »

Ship firms challenge EU on Iran sanctions

AJOT | August 11, 2011 | Liner Shipping

Several shipping companies have launched a legal challenge against the European Union after the bloc imposed sanctions on them over their suspected involvement in Iran's nuclear programme and arms trafficking, a court application showed.

In May the EU Read More »

BBC Chartering introduces TransPacific service

AJOT | August 03, 2011 | Breakbulk & Projects

Leading German heavy lift shipping company BBC Chartering announces the commencement of a new monthly liner service that connects Asia with North America. With the new service, BBC Chartering aims to further strengthen its position in the liner segment of Read More »

Famous Pacific Shipping goes for gold in Olympic train trials

AJOT | August 03, 2011 | Breakbulk & Projects

Famous Pacific Shipping (FPS), the fast-expanding Asia-based NVOCC and freight services provider, has donned its best sporting kit to start deliveries of railroad equipment from China to Brazil to support fans of the world's greatest sporting festival. < Read More »

Eagle Ford oil growth to support barge demand

AJOT | August 03, 2011 | Breakbulk & Projects

Demand for barges to ship crude from the Eagle Ford shale deposit should remain strong for the next few years, even as new pipeline capacity comes online, barge operator Kirby Corp. said.

A lack of pipeline capacity to move rising output from Eagle Fo Read More »

Growth fears add to dry bulk shipping crisis

AJOT | August 03, 2011 | Breakbulk & Projects

Growing fears for the world economy signal more pain and even bankruptcies among dry bulk ship owners who are getting rock-bottom rates to carry cargoes like coal and now face a glut of new vessels ordered when times were good.

The tougher climate has Read More »