OWL promotes three managers

AJOT | April 19, 2011 | Liner Shipping

Ocean World Lines (OWL), a global, single source NVOCC (non-vessel operating common carrier) and a subsidiary of Pacer International, announced that it has promoted three people in key business development positions, effective immediately. Read More »

China COSCO still planning group’s listing

AJOT | April 19, 2011 | Liner Shipping

China COSCO Group, the country's top shipping conglomerate, is still working on plans for a group listing, the Shanghai Securities News said on Friday, citing a top executive, though no timetable was given.

A listing of state-owned COSCO Group, the pa Read More »

Evergreen, Wan Hai & Interasia Lines to launch Taiwan-Madras Trunck Service

AJOT | April 19, 2011 | Liner Shipping

Evergreen Line, Wan Hai Line and Interasia Lines will launch weekly Taiwan-Madras Trunk Service (TMT Service) commencing April 29 from the port of Taichung.

"India enjoys an annual economic growth rate of 8-9% with the cargo volume increasing from the Read More »

CMA CGM (America) welcomes aboard new executives

AJOT | April 19, 2011 | Liner Shipping

CMA CGM (America) LLC announced the following executive appointments:
David (Dave) Junkroski has been appointed Senior Vice President & Chief Commercial Officer. He will manage all aspects of the U.S. Sales and Marketing Organization and be Read More »

Hamlin joins Horizon Lines as Senior VP of Operations

AJOT | April 19, 2011 | Liner Shipping

Horizon Lines, Inc., the nation's leading domestic ocean shipping company, announced that William A. Hamlin has been named Senior Vice President of Operations for the company's Horizon Lines, LLC operating subsidiary. Mr. Hamlin reports to Brian Taylor, E Read More »

Trade association asks FMC to reopen NRA rulemaking

AJOT | April 19, 2011 | Liner Shipping

On April 12, 2011, counsel for the National Customs Brokers and Forwarders Association of America ('NCBFAA' or 'the Association') submitted a letter to the Federal Maritime Commission ('FMC') offering commentary and a request for a reopening of proceeding Read More »

CMA CGM sees 1st cocoa ship in Ivory Coast

AJOT | April 19, 2011 | Liner Shipping

French container shipping group CMA CGM said its first ship would arrive in top cocoa producer Ivory Coast in a step toward resumption of the cocoa trade in the West African country.

The shipping company had previously said its first ship was likely t Read More »

Crowley equipment fleet expansion to add 500 new containers in 2011

AJOT | April 19, 2011 | Liner Shipping

Crowley Maritime Corporation's liner services group is adding 500 new containers to its already robust equipment fleet in order to better serve the growing needs of its customers in Puerto Rico, the Caribbean and throughout Central America. Once received, Read More »

Asia dry bulk Panamax rates to fall on weak India exports

AJOT | April 14, 2011 | Breakbulk & Projects

Rates for panamax dry bulk carriers on key Asian freight routes are expected to fall next week with declining iron ore shipments out of India.

For the capesize market, rates are also seen remaining under pressure due to ample supplies and limited dema Read More »

Sale of mv Explorer to optimize Dockwise fleet

AJOT | April 14, 2011 | Breakbulk & Projects

Dockwise Ltd. announces the sale of type IV vessel MV Explorer to optimize the composition of the company's fleet with an increasing focus on value add cargoes. MV Explorer has been sold to an undisclosed buyer, who previously bought MV Enterprise as well Read More »

Magdenli moves heavy boring machine for high speed train project

AJOT | April 14, 2011 | Breakbulk & Projects

Magdenli Transport an Trade Co from Ankara, Turkey, a member of the Cargo Equipment Experts CEE network, moved a total 1.931,50 tons of tunnel boring machine equipments, manufactured by Herrenknecht in Germany, with the heaviest piece 660 x 640 x 340 cm Read More »

Foggy February doesn’t stoop steel from increasing

AJOT | April 14, 2011 | Ports & Terminals

Despite significant fog-related impacts throughout the port during February, steel had an excellent month, CEO Alec G. Dreyer reported at the April 5 Port Commission meeting. Port activities were delayed for 11 consecutive days due to unusually heavy fog. Read More »

Port of Long Beach welcomes world’s largest Ro/Ro ship

AJOT | April 14, 2011 | Ports & Terminals

The Port of Long Beach recently welcomed the MV Tønsberg, the largest roll-on roll-off cargo vessel ever built.

Longer than the length of two football fields, the MV Tønsberg has nine cargo decks and can hold nearly 5 million cubic feet of cargo. Oper Read More »

Abidjan likely to resume loadings

AJOT | April 14, 2011 | Ports & Terminals

Abidjan port terminals are likely to resume loadings of cargo such as cocoa next week, a senior official with shipping group Maersk said.

"Our estimate is that they (cargo terminals) will be ready to handle loadings as early as next week," Anders Boen Read More »

Port public-private partnership proposal withdrawn

AJOT | April 14, 2011 | Ports & Terminals

The Port of Galveston has been notified by its financial advisor, BMO Capital Markets, that the initial proposal presented to the Board of Trustees of the Galveston Wharves on February 14, 2011 by Hutchinson Port Holdings and the Carlyle Group has been fo Read More »

Brazil sugar exports face red tape at ports

AJOT | April 14, 2011 | Ports & Terminals

Brazil's ports again will look out on long lines of anchored vessels waiting to load sugar, with plans to expand loading capacity snagged on red tape, a top industry official said.

Last year, a log jam of over 100 unloaded ships waiting at Brazilian p Read More »

Port of Hamburg on growth course again

AJOT | April 14, 2011 | Ports & Terminals

With seaborne cargo throughput of 121 million tons, in 2010 around 11 million tons more cargo were handled in the Port of Hamburg than in the previous year. Rising by 12.7% to 7.9 million TEU (20-foot standard containers), container handling picked up str Read More »

Zepol reports March containerized imports increase 1.55%

AJOT | April 14, 2011 | Ports & Terminals

Zepol Corporation, the leading trade intelligence company, reports that import shipment volume for March, measured in TEUs, increased 1.55% from February and 0.33% from March of 2010. The total number of shipments also increased 2.32% from February and 1% Read More »

Dollar shortages hit Yemen ship container trade

AJOT | April 14, 2011 | Ports & Terminals

A shortage of dollars is leading to slower ship container trade in Yemen although there are no disruptions to seaborne activity from unrest in the country, a port adviser said.

Yemen, the Arab world's poorest country, relies heavily on its sea lanes f Read More »

173 ICF container wagons put up for auction

AJOT | April 14, 2011 | Intermodal

The liquidator responsible for winding up the affairs of Intercontainer-Interfrigo SA has released 173 of the container wagons in the ICF wagon fleet for online auction. Bids for these vehicles must be submitted by April 28th. Read More »