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South Korea deficit soars to record

AJOT | October 05, 2008 | International Trade

South Korea's current account deficit soared to a record high in August on higher costs of imports, which together with a failed US bid to finalize a bailout capped the worst month for the won in 11 years. Read More »

Vitoria Airport reports 17.6% growth

AJOT | October 05, 2008 | Air Cargo

Traffic at Vitoria Airport in Northern Spain has continued to grow steadily throughout 2008, despite the problems of the global air cargo industry. Throughput for the first six months of 2008 has recorded an increase of 17.61% over last year, which is par Read More »

Lufthansa Cargo and DB Schenker get ‘e-freight’ off the ground

AJOT | October 05, 2008 | Air Cargo

Lufthansa Cargo AG, together with its Global Partner DB Schenker recently despatched the first paperless airfreight shipment from the German market. Right on time, at 17.55 hrs. local time, the item of freight on board Lufthansa Passage's flight LH712 lef Read More »

Evergreen Line offers new service pattern in Asia-Australia trade

AJOT | October 05, 2008 | Liner Shipping

Evergreen Line has confirmed it will join the two Asia Australia Services, known as AAS and AAN, operated by four steamship lines -- APL, Hamburg S'd, Hapag-Lloyd and Hyundai Merchant Marine. Compared to Evergreen Line's existing TCA route, the new servic Read More »

Four newbuildings earmarked for Rickmers-Linie

AJOT | October 05, 2008 | Liner Shipping

Four more 24,000dwt multi-purpose vessels have been ordered for the global services of Rickmers-Linie, the heavylift and project cargo shipping company by Polaris Shipmanagement, a Rickmers Group company. The contract with the Chinese shipbuilder Guangzho Read More »

NOL confirms binding bid made for Hapag-Lloyd

AJOT | October 05, 2008 | Liner Shipping

Neptune Orient Lines Limited (NOL) confirmed it has submitted a binding bid to acquire the Hapag-Lloyd container shipping business. Read More »

Crowley, Puerto Rico Port Authority sign long-term lease extension

AJOT | October 05, 2008 | Liner Shipping

Crowley Maritime Corporation's liner services group and the Puerto Rico Port Authority announced the signing of a new lease that will keep Crowley at its Isla Grande terminal for up to 20 years and allow for multimillion-dollar investment by the company i Read More »

Malfunction underscores need for second Poe-Sized Lock

AJOT | October 01, 2008 | Ports & Terminals

A malfunction of the Poe Lock at Sault Ste. Marie, Michigan, on September 24 has illustrated the pressing need for Congress to appropriate the funds to build another lock capable of handling the largest US-Flag Great Lakes freighters. Although the vessel Read More »

Port Ushers in New Era for Air Quality

AJOT | October 01, 2008 | Ports & Terminals

With cargo continuing to move smoothly, an unprecedented air quality program to slash air pollution from trucks began today -- Wednesday, October 1, 2008 -- at the Port of Long Beach as older, dirtier big rigs were phased out of Port service. Read More »

Schneider Logistics earns SmartWayTM Partner distinction

AJOT | October 01, 2008 | Transport Intermediaries

Schneider Logistics, Inc., a leading global logistics provider and part of the Schneider National enterprise, was recently named a SmartWayTM Transport Partner by the US Environmental Protection Agency (EPA). Schneider Logistics received the accreditation Read More »

Agility selects Robinson as new US Chief Operating Officer

AJOT | October 01, 2008 | Transport Intermediaries

Agility, a leading global logistics provider, has named Michael Robinson as its new Chief Operating Officer for the company's US-based Global Integrated Logistics (GIL) business group. Read More »

arviem & AscentIQ form alliance to deliver global trade management services

AJOT | October 01, 2008 | Transport Intermediaries

arviem and AscentIQ, two leading providers of supply chain and global trade management services, today announced a strategic partnership to deliver global trade management services to importers and exporters with business critical shipments. Read More »

Tompkins Associates’ Transportation Services meets needs of volatile economy

AJOT | October 01, 2008 | Transport Intermediaries

Anderson joins the growing team led by Gene Tyndall, Tompkins' Executive Vice President for Global Supply Chain Services. Tyndall notes that transportation is a crucial area for companies to concentrate on in today's world-based economy. 'With increasingl Read More »

TTS wins lift-on/lift-off contract for eight 13,100 TEUs

AJOT | October 01, 2008 | Liner Shipping

A significant order for hatch covers has been taken by TTS Ships Equipment GmbH, for supply to eight 13,100 TEU container vessels building at Hyundai Heavy Industries Co. Ltd, Korea, for delivery in 2010 and 2011. The company will supply 83 lift-on/lift-o Read More »

‘Open and obvious’ defense will help shipowners

AJOT | October 01, 2008 | Liner Shipping

The acceptance of the US Court of Appeals for the Fifth Circuit Court that some dangers and unstable conditions should be 'open and obvious' to stevedores injured during ships' cargo discharge will be welcomed by ship owners. The Fifth Circuit, which cove Read More »

Container fee legislation underscores freight funding needs

AJOT | October 01, 2008 | Liner Shipping

Legislation introduced by Congresswoman Laura Richardson (D-CA) helps underscore the growing recognition of the need to increase federal support of freight infrastructure. The bill, the MOVEMENT Act of 2008 (HR 7002), calls for the creation of a separate Read More »

TTS wins further Hyundai Samho order

AJOT | October 01, 2008 | Liner Shipping

Sweden's TTS Ships Equipment, Gothenburg, has won an order for the design and supply of Cargo Access Equipment (CAE) from South Korea's Hyundai Heavy Industries (HHI) involving a series of four 7,900 units PCTCs. Read More »

TTS delivers a new innovative cardeck to Stena RoRo

AJOT | October 01, 2008 | Liner Shipping

TTS has delivered and installed a new hoistable cardeck onboard Stena Forteller as a conversion project. The contract was signed with Stena RoRo in beginning of January 2008 and the equipment was delivered and installed onboard during voyage between Finl Read More »

Seanergy completes initial fleet of dry bulk carriers

AJOT | September 30, 2008 | Breakbulk & Projects

Seanergy Maritime Corp. announced that they took delivery of, through its wholly owned subsidiary, Seanergy Maritime Holdings Corp., and its designated nominees, the M/V Hamburg Max, a 1994 built Panamax vessel with a capacity of 73,498 dwt, and the M/V A Read More »

Clean Trucks Program to Reduce Big-rig Pollution by 80 percent

AJOT | September 30, 2008 | Ports & Terminals

With cargo continuing to move smoothly, an unprecedented air quality program to slash air pollution from trucks began today -- Wednesday, October 1, 2008 -- at the Port of Long Beach as older, dirtier big rigs were phased out of Port service. Read More »

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