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Abu Dhabi’s Maximus to buy 3 new freighters from JAL

AJOT | January 23, 2011 | Air Cargo

Maximus Air Cargo, Abu Dhabi Aviation's cargo arm, said it is investing 350 million dirhams to buy three Airbus A300-600 jets and convert them into freighters as it expands its operations.

The freighters were purchased from Japan Airlines and will be Read More »

Qantas to pay $26.5 mlllion in freight case

AJOT | January 23, 2011 | Air Cargo

Australia's largest airline Qantas has settled a U.S. class action lawsuit over an alleged freight cartel, agreeing to pay $26.5 million. Read More »

Finnair mulls cargo venture with U.S. Neff

AJOT | January 23, 2011 | Air Cargo

Finland's flag carrier Finnair confirmed it is looking to set up a cargo aircraft venture with private equity firm Neff Capital Management LLC. Read More »

GAC and TransAtlantic sign agency agreement to support Arctic exploration

AJOT | January 23, 2011 | Liner Shipping

GAC Norway has welcomed the TransAtlantic ice-breaking Anchor Handling Tug Supply (AHTS) 'Tor Viking II' to Hammerfest after its transit of the ice-bound North East Passage, under a new agency agreement that brings together two companies with plans for Ar Read More »

MOL’s ship calls at Cai Mep in start of direct service to North Europe

AJOT | January 23, 2011 | Liner Shipping

Mitsui O.S.K Lines Ltd MOL PRECISION made it's first call at Tan Cang-Cai Mep International Terminal (TCIT)* in Vietnam on January 15th,where a welcoming ceremony was held in commemoration of the event.

Attended by approximately 200 people, incl Read More »

Shippers weigh options to reduce sulphur emissions

AJOT | January 23, 2011 | Liner Shipping

Global efforts to drastically reduce toxic sulphur emissions in the shipping industry will likely be delayed for years due to the reluctance of refiners to invest billions of dollars to produce cleaner burning fuel.

The United Nations shipping agency Read More »

New World Alliance set to reduce ocean capacity

AJOT | January 23, 2011 | Liner Shipping

The New World Alliance said it will temporarily reduce capacity on selected Trans-Pacific Trade services to coincide with Lunar New Year factory shutdowns in Asia. The three container shipping lines in the alliance -- APL, Hyundai Merchant Marine (HMM) a Read More »

China Shipping Container sees profit in 2010, trading resumes

AJOT | January 23, 2011 | Liner Shipping

China Shipping Container Lines Co Ltd said it expected to post a profit for 2010 from a loss in the previous year thanks to a gradual recovery of the global economy and restorative growth in the shipping industry. Read More »

W’rtsil’ delivers a marine scrubber to Containerships Ltd.

AJOT | January 23, 2011 | Liner Shipping

The installation of scrubbers is a major step in the introduction of exhaust gas cleaning technology for maritime applications. The W'rtsil' scrubber will enable the vessel to meet future emission requirements in Sulphur Emission Control Areas (SECA) i Read More »

Global container demand to slow expansion by half after robust 2010

AJOT | January 23, 2011 | Liner Shipping

Demand growth in the container shipping industry will slow in 2011 to nearly half of last year's double-digit expansion as strong consumer buying eases in emerging markets, industry experts said.

The box shipping industry has rapidly recovered from th Read More »

India’s exports pick up but

AJOT | January 16, 2011 | International Trade

India's exports accelerated in December as demand for its vehicles, engineering goods and petroleum products remained robust, but global economic uncertainty will likely make 2012 a difficult year, Trade Secretary Rahul Khullar said. Read More »

Albacor Shipping exclusive for WWPC in US

AJOT | January 13, 2011 | Breakbulk & Projects

The Worldwide Project Consortium WWPC announced that all four of its franchise areas in the USA, namely New York East Coast, Houston Gulf Coast, Miami and Norfolk/Atlanta Central, Los Angeles/West Coast, New York/North Atlantic and Houston/Gulf are now co Read More »

Diana Shipping announces time charter contract for M/V Melite

AJOT | January 13, 2011 | Breakbulk & Projects

Diana Shipping Inc., a global shipping company specializing in the transportation of dry bulk cargoes, today announced that it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Panamax dry bulk carriers, the Read More »

Australia floods force ships to look for coal supplies elsewhere

AJOT | January 13, 2011 | Breakbulk & Projects

An increasing number of dry bulk carriers are departing eastern Australia's coal ports empty-handed as devastating floods force companies to look for supplies elsewhere, traders and industry experts said.

Deadly floods in Queensland, Australia's large Read More »

Wilhelmsen Ships Service appoints new Business Director for Marine Logistics

AJOT | January 13, 2011 | Breakbulk & Projects

Wilhelmsen Ships Service has appointed Vidar Hole to the position of Business Director responsible for the Maritime Logistics Services portfol Read More »

Brazil to avoid sugar ship queue in 2011

AJOT | January 13, 2011 | Ports & Terminals

Brazil should be able to avoid a repeat of last year's huge queues of ships that waited as much as a month to load sugar, due to expected cooler demand from India, an agriculture official said.

Queues lengthened from June at the two main ports for sug Read More »

Australia Newcastle coal exports down 12% in week

AJOT | January 13, 2011 | Ports & Terminals

Coal shipments from Australia's Newcastle port, which ships mostly thermal coal used in power plants, slipped more than 12 percent last week.

Exports from the east coast port were 2.38 million tonnes in the week to Jan. 10, down from 2.717 million the Read More »

Port of Baltimore receives outstanding Coast Guard security assessment

AJOT | January 13, 2011 | Ports & Terminals

The Maryland Port Administration (MPA) has been informed that it has received another outstanding security assessment of the Port of Baltimore’s six public marine terminals from the U.S. Coast Guard. Coast Guard Sector Baltimore conducts an annual and com Read More »

Scoular opens Charleston grain transload facility

AJOT | January 13, 2011 | Ports & Terminals

The South Carolina State Ports Authority (SCSPA) welcomes The Scoular Company’s newest operation to the Port of Charleston. The company has established a grain handling facility in Charleston and could export more than 25 million pounds of product annuall Read More »

Crowley opens refrigerated pest control facility at Port Everglades

AJOT | January 13, 2011 | Ports & Terminals

Perishable cargo coming into South Florida with highly mobile, non-indigenous pests can now be contained and prepared for fumigation while retaining refrigerated temperatures as Crowley Maritime Corporation has developed its first highly mobile actionabl Read More »

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