NOL upbeat on growth after Q2 profit

AJOT | August 15, 2010 | Liner Shipping

Neptune Orient Lines (NOL), the world's fifth largest container shipping firm, reported its first profit in seven quarters and expects further improvement in earnings due to higher rates and volume. Read More »

Singapore’s SGX eyes container ship swap growth

AJOT | August 15, 2010 | Liner Shipping

Singapore Exchange , which recently launched clearing services for over-the-counter (OTC) container freight derivatives, is optimistic that the nascent market will grow over time, a senior SGX official said.

Last week SGX became the second cl Read More »

FuelWise’ option helps reduce gen set fuel consumption and emissions

AJOT | August 15, 2010 | Liner Shipping

New testing by Carrier Transicold suggests that the FuelWise' efficiency-boosting option for Carrier Transicold's PowerLINE' generator sets can help reduce fuel consumption by up to 37 percent. The trials demonstrate the potential impact for shipping comp Read More »

Wilhelmsen Ships Service moves 1500HP rig half way across the world

AJOT | August 09, 2010 | Breakbulk & Projects

In a dramatic demonstration of the global networking capabilities of Wilhelmsen Ships Service the company recently arranged transportation of an oil rig from Edmonton Canada, through the United States to Kuwait. The land based oil rig consisted of 3,675 c Read More »

WWL and ROLF SCS join forces for enhanced terminal services in Russia

AJOT | August 09, 2010 | Breakbulk & Projects

Wallenius Wilhelmsen Logistics, the leading independent provider of global factory-to-dealer transport logistics and ROLF SCS, the leading logistics business in Russia and part of the ROLF Group, Russia's leading automotive business, have confirmed that t Read More »

Brazil sugar industry sees port jams as one-off

AJOT | August 09, 2010 | Ports & Terminals

A senior Brazil sugar industry official rejected the notion that the country's congested ports needed to expand capacity to better handle export surges, saying current conditions were a one-time anomaly.

Unprecedented queues of vessels have d Read More »

Port of Quebec, terminals and CN work together to reduce Quebec City-Toronto transit

AJOT | August 09, 2010 | Ports & Terminals

The Port of Quebec, a terminal operator at the port, and CN announced a service arrangement that will reduce transit times for shipments destined to Toronto to 38 hours from 53 hours, an improvement of almost 30 per cent.

The improvement resu Read More »

Key figure of U.S. chemical demand rises

AJOT | August 09, 2010 | Intermodal

Chemical shipments on U.S. railroads rose 4.4 percent last week, the Association of American Railroads said.

Chemicals shipments on trains, called rail car loadings, are a measure of demand for products ranging from plastics to fertilizers. Read More »

Klinge Corp unveils new collapsible food storage bins ’ ideal storage solution for ISO containers

AJOT | August 09, 2010 | Intermodal

Transport refrigeration specialist Klinge Corporation has released their new collapsible storage bins for the transport and storage of perishable items. The Food Storage Bins, FSBs, are made of polypropylene and are extremely durable. The FSBs have passed Read More »

Coffee helps boost Ethiopia exports to $2 billion

AJOT | August 09, 2010 | International Trade

Resurgent coffee sales and diversification into other products lifted Ethiopia's exports to a record $2 billion in 2009/2010 from $1.5 billion in the previous year, the trade ministry told Reuters.

"Coffee has bounced back to $528 million thi Read More »

Solarfun plans to more than double US shipments in 2011

AJOT | August 09, 2010 | International Trade

Chinese photovoltaic cell maker Solarfun Power Holdings Co Ltd plans to more than double its shipments to the United States in 2011, as it expands its presence in North America. Read More »

MSC issues statement on Aug. 7th collision between MSC Chitra and Khalijia 3

AJOT | August 09, 2010 | Liner Shipping

A collision took place in the approaches to Mumbai at about 0935 hours local time on August 7, 2010, between the MSC container vessel MSC Chitra, and the bulk carrier Khalijia 3. MSC understands that the Khalijia 3 had recently been salvaged from a three Read More »

APL starts new direct US West Coast service at ICTSI Japanese terminal

AJOT | August 09, 2010 | Liner Shipping

Naha International Container Terminal, Inc. (NICTI), a subsidiary of International Container Terminal Services, Inc. (ICTSI) managing the international container terminal at the Port of Naha in Okinawa, Japan, welcomed a new US West Coast direct service b Read More »

Evergreen, OOCL and Simatech Shipping to launch Southeast Asia-Middle East Liner Service

AJOT | August 09, 2010 | Liner Shipping

Evergreen Line, Orient Overseas Container Line (OOCL) and Simatech Shipping have agreed to operate a new joint Southeast Asia-India-Middle East liner service beginning on August 20. Read More »

Premium Article  Exports of steel manufactured in the US have shown signs of life in recent months

Peter Buxbaum | August 08, 2010 | Breakbulk & Projects | International Trade

Leading some to question whether U.S. steel may be on the comeback trail.
The same set of statistics can tell several stories, and the same is true of numbers associated with American steel production and exports.

By Peter Bu Read More »

Premium Article  Good new for shippers: Siemens sees widening footprint in green tech

Karen Thuermer | August 08, 2010 | International Trade

In what he views as a “paradigm shift in the global economy” towards sustainability and green technologies, Peter Loescher, president and CEO of Siemens AG, predicts that when today’s global economic crisis ends, the United States will become one of the w Read More »

Premium Article  Has the dry bulk market slide come to a halt?

George Lauriat | August 08, 2010 | Breakbulk & Projects | International Trade

After the worse slide in dry bulk rates since the financial crisis, the question is has the three-month slide actually stopped?

Is it really over? A long slide downward for the BDI (Baltic Dry Index – the principal shipping and trade Read More »

Premium Article  Advance International Transport co-ordinates multi-port freight shipment for Mitsubishi

AJOT | August 08, 2010 | Breakbulk & Projects | International Trade | Transport Intermediaries

International project freight forwarder, Advance International Transport has successfully co-ordinated the shipment of oil industry project cargo from two countries for Mitsubishi Corporation destined for a vital Brazilian oil industry project.

Read More »

Premium Article  Silver tip sharks’ first long haul journey made smooth sailing by GAC Dubai

AJOT | August 08, 2010 | Air Cargo | Transport Intermediaries

GAC Dubai has successfully moved a special shipment of Silver Tip Sharks, from Cairns in Australia to the United Arab Emirates.

“Though it was the first time this particular species had undergone such a long haul journey, thanks to the seamle Read More »

Premium Article  Industrial Echo calls Houston

AJOT | August 08, 2010 | Breakbulk & Projects | Liner Shipping | Ports & Terminals

Intermarine’s newest heavy lift ship the M/V Industrial Echo is presented with a Maiden Voyage plaque to celebrate the first call of the vessel at Industrial Terminals in Houston, TX. The plaque was presented by Ernie Farrand of Industrial Terminals to Ca Read More »