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Virgin Atlantic Cargo extends GSSA contract with InterGlobe in India

AJOT | January 20, 2015 | Air Cargo

Virgin Atlantic Cargo has awarded a new and extended general sales and service agency contract to InterGlobe Air Transport (IGAT) in India as indicators project a 6-7% growth in the country’s airfreight market in 2015, boosted by the upturn in the U.S. economy, one of India’s biggest trading partners. Read More »

EU health chief says no clear majority yet for US trade deal

Reuters | January 20, 2015 | International Trade

No clear majority has so far emerged among EU states for a free-trade agreement between the European Union and the United States and both sides need to explain the benefits of such a deal, the EU's health chief said. Read More »

NY Governor Cuomo to lead trade mission to Cuba

Reuters | January 20, 2015 | International Trade

New York Governor Andrew Cuomo will lead one of the first trade missions to Cuba from the United States since the Obama administration loosened travel and trade restrictions on the Communist-ruled Caribbean island, his office confirmed. Read More »

Time not right to ease Russia sanctions, EU says

Reuters | January 20, 2015 | International Trade

European Union foreign ministers said there were no grounds to lift economic sanctions against Russia despite conciliatory proposals from the EU's foreign policy chief, as violence intensified in Ukraine. Read More »

ICTSI rolls out enhanced online container tracking system

AJOT | January 20, 2015 | Ports & Terminals

International Container Terminal Services, Inc. (ICTSI) flagship, Manila International Container Terminal (MICT), updated Track and Trace, an online container tracking system developed in-house for MICT customers, to version 4.0.  Read More »

Port Equipment Manufacturers Association welcomes four new members

AJOT | January 20, 2015 | Ports & Terminals

The Port Equipment Manufacturers Association (PEMA), the global industry body for port equipment and technology, has announced four new member companies: ZPMC, Nantong Rainbow Heavy Machineries, Spohn + Burkhardt and INTERCON Technical Information Systems. Read More »

Japan lends $270 million to Kenya to help expand Mombasa port

Reuters | January 20, 2015 | Ports & Terminals

Kenya signed a $270 million loan deal with Japan to help expand capacity at Mombasa port, a busy facility that is the main trade gateway to east Africa. Read More »

Konecranes to supply 15 RTGS to three Bollere Group Container Terminals in West Africa

AJOT | January 20, 2015 | Ports & Terminals

Konecranes has received an order for 15 Rubber Tired Gantry (RTG) cranes from Bolloré Group. Read More »

Konecranes to deliver 16 RTGS to APM Terminals

AJOT | January 20, 2015 | Ports & Terminals

Konecranes has received an important order for Rubber Tired Gantry (RTG) cranes from APM Terminals. Read More »

Port of Kiel posts positive results for 2014

AJOT | January 20, 2015 | Ports & Terminals

The Port of Kiel can post positive results for 2014. Both cargo handling and passenger totals continued to rise. Read More »

Throughput for the Port of Rotterdam up 1%

AJOT | January 20, 2015 | Ports & Terminals

In 2014, the throughput in the port of Rotterdam went up 1% to 445 million tonnes. The different market sectors performed quite dissimilar. Read More »

Port Freeport announces signing of another global ocean carrier

AJOT | January 20, 2015 | Ports & Terminals

Port Freeport announces signing of another global ocean carrier

Port Commission Chairman John Hoss has announced the signing of a second global transportation provider at Port Freeport.  Read More »

Port of Indiana-Burns Harbor records highest shipments in 44-year history

AJOT | January 20, 2015 | Ports & Terminals

The Port of Indiana-Burns Harbor handled more shipments in 2014 than any year since the port opened in 1970. Read More »

BNSF Logistics announces wind logistics innovation

AJOT | January 20, 2015 | Breakbulk & Projects | Projects

BNSF Logistics has announced the successful testing of their new innovative fixtures developed to move wind turbine blades more efficiently via rail and ship. Read More »

Greencarrier Freight Services achieves ISO standards for its energy and project business unit

AJOT | January 20, 2015 | Breakbulk & Projects | Projects

Greencarrier Freight Services’ business has strengthened its position in the energy and project forwarding markets by achieving management (ISO 9001) and environmental (ISO 14001) certification for its Energy & Project Business Unit. Read More »

China’s COSCO gets $1.75 billion loan to buy 53 new ships

Reuters | January 20, 2015 | Liner Shipping

China Ocean Shipping (Group) Company has received a $1.75 billion loan from the Export-Import Bank of China to buy 53 new ships, which it plans to order from Chinese shipyards, the firm said. Read More »

Shippers pay into US court to prevent ship detention after OW Bunker collapse

Reuters | January 20, 2015 | Liner Shipping | Ports & Terminals

Shipping firms have paid millions of dollars into U.S. accounts to prevent their vessels from being detained due to non-payment of bills for fuel supplied by the bankrupt OW Bunker, indicating the impact from the collapse of the Danish firm was spreading. Read More »

Troy Container Line announces new LCL customer service representative

AJOT | January 20, 2015 | Transport Intermediaries

Troy Container Line Ltd., one of the largest American-owned NVOCCs, announced the expansion of the LCL export department with the addition of customer service representative Stephanie Martin. Read More »

Shipping must remain energy-efficient in a low crude price environment

AJOT | January 20, 2015 | Breakbulk & Projects | Breakbulk

Ship efficiency remains just as relevant and important in a bearish oil market as it does when shipowners have to pay over US$600 for a ton of Heavy Fuel Oil. Read More »

TSA Lines adopt February rate increase as Lunar New Year approaches

AJOT | January 20, 2015 | Liner Shipping

Anticipating strong pre-Lunar New Year shipments from Asia to the U.S., container lines in the Transpacific Stabilization Agreement (TSA) are proposing a $600-per-40-foot container (FEU rate increase for all origins and destinations, to take effect on February 9, 2015. Read More »

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