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Shipper PSL sees dry freight near all-time low next year

AJOT | September 02, 2010 | Breakbulk & Projects

Freight rates for dry bulk carriers could tumble near historic lows next year as new ships flood the market and iron ore demand in China weakens, said the head of Precious Shipping. Read More »

Two low-profile cranes from the Port of Oakland go through the Panama Canal August 27th

AJOT | September 02, 2010 | Ports & Terminals

Two low-profile cranes from the Port of Oakland go through the Panama Canal August 27th Read More »

APM Terminals Aarhus and Cargo Service merge

AJOT | September 02, 2010 | Ports & Terminals

APM Terminals Aarhus and Cargo Service have agreed to combine their two facilities into one port complex to serve the customers better through one long contiguous deepwater berth and one set of truck gates, and to obtain the operational synergies of impro Read More »

PHA approves $500,000 contract for dredging at Bayport Wharf

AJOT | September 02, 2010 | Ports & Terminals

Port Commission of the Port of Houston Authority authorized a $512,502 construction contract to Sullivan Land Services, Ltd. for maintenance dredging at Bayport Wharf No. 3 and approved a proposal to host the 2014 American Association of Port Authorities Read More »

GPA hosts a harbor deepening business forum

AJOT | September 02, 2010 | Ports & Terminals

The Georgia Ports Authority (GPA) hosted local business leaders to discuss the impact of the Savannah Harbor Expansion Project (SHEP). The event brought more than 60 members of the local business, economic development, maritime and logistics industries. Read More »

Konecranes new SMARTON® crane wraps up a smarter lifting package for steel producers

AJOT | September 02, 2010 | Ports & Terminals

Konecranes, a global leader in the manufacturing of overhead lifting equipment, introduces the SMARTON®. SMARTON from Konecranes is the next-generation evolution in lifting technology with significant benefits for steel producers. This smart crane has an Read More »

Quay move for Felixstowe South cranes

AJOT | September 02, 2010 | Ports & Terminals

The first three ship-to-shore gantry cranes have been delivered to the Port of Felixstowe’s new Felixstowe South development. The cranes are the biggest of their type in the world, and are capable of handling future generations of container ships with 24 Read More »

Rental company orders a total of eight Kalmar reachstackers

AJOT | September 02, 2010 | Ports & Terminals

Belgium-based equipment rental company Cuypers Vorkliften N.V. has awarded Cargotec an order for six Kalmar DRF450-60S5M reachstackers. The company plans to lease the machines to its customers operating at the Port of Antwerp. The agreement was made in th Read More »

Panama’s Cabinet Council approves new Canal pricing structure

AJOT | September 02, 2010 | Ports & Terminals

The Cabinet Council of the Republic of Panama approved a proposal to modify the Panama Canal pricing structure, following a recommendation from the Panama Canal Authority (ACP) Board of Directors. Read More »

Harwich International welcomes largest jack-up vessel

AJOT | September 02, 2010 | Ports & Terminals

Further evidence of the crucial role played by Harwich International Port in the development of the offshore renewables industry has been provided by the maiden call of the MPI Resolution, the largest jack-up vessel seen at the port to date.

Read More »

PD Ports shows delicate touch with wind farm units

AJOT | September 02, 2010 | Ports & Terminals

Moving 75 ton nacelle units from a ship to a specialist vehicle took some delicate touches from PD Ports’ experienced stevedoring team at the Port of Immingham. Read More »

Port of Indiana-Burns Harbor handles record-setting project cargo

AJOT | September 02, 2010 | Ports & Terminals

The Port of Indiana-Burns Harbor is currently handling one of the biggest single cargoes in the port’s 40-year history. A 388-ton electrical transformer recently arrived on the ship “Beluga Recognition” from Cordoba, Spain, and was transloaded at the port Read More »

China’s CHEC in $600 million Venezuela port project

AJOT | September 02, 2010 | Ports & Terminals

Venezuela is refurbishing its main port, Puerto Cabello, with Chinese help at a cost of $600 million after decades of under-investment and spurred on by a scandal over rotting food, officials said.

China Harbor Engineering Company (CHEC), a s Read More »

Southeastern Freight Lines provides customers new estimated time of delivery service

AJOT | September 02, 2010 | Intermodal

Southeastern Freight Lines, a regional less-than-truckload (LTL) transportation services provider, is introducing a service feature new to the LTL industry: Estimated Time of Delivery (ETD). Southeastern can now estimate the delivery of a shipment within Read More »

Harsco receives new rail equipment orders totaling million

AJOT | September 02, 2010 | Intermodal

Worldwide industrial services and engineered products company Harsco Corporation (NYSE:HSC) announced new orders totaling $13 million for its Harsco Rail unit, including orders from Bangladesh and Liberia, as the Company continues to expand the internatio Read More »

CN gearing up for fall grain harvest

AJOT | September 02, 2010 | Intermodal

The Canadian harvest is getting underway and CN is ready to meet the demand. CN's objective is to move this year's crop more reliably than it ever has before. And CN has launched a Scheduled Grain Plan to do just that. Read More »

DB Schenker Rail to invest in new freight cars and locomotives

AJOT | September 02, 2010 | Intermodal

DB Schenker Rail, the Deutsche Bahn freight operator, will invest approx. EUR 410 million primarily in new freight cars and locomotives throughout Europe this year. "This is a record amount which we plan to invest at exactly those points where there is in Read More »

Kansas City Southern says post-storm volumes surge

AJOT | September 02, 2010 | Intermodal

Kansas City Southern said that it expects its second-half revenue to increase almost 20 percent due to rebounding freight volumes, providing what it characterized as a "very strong finish" to the year. Read More »

Ex-Yugo states to form joint cargo railway firm

AJOT | September 02, 2010 | Intermodal

Three ex-Yugoslav republics will next week form a joint railway company, aiming to win back some of the cargo market in central Europe lost during the ethnic wars of the 1990s. In a rare display of close business cooperation, Slovenia, Croatia and Serbia Read More »

U.S. turns down China currency probes in two cases

AJOT | September 02, 2010 | International Trade

The U.S. Commerce Department decided not to investigate whether China subsidizes exports to the United States by undervaluing its currency, prompting renewed calls for Congress to act on the issue.

"It's clear that China games the system by m Read More »

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