Obama, Medvedev press for quick Russia WTO entry

AJOT | May 26, 2011 | International Trade

U.S. President Barack Obama and Russian President Dmitry Medvedev pressed to speed up Russia's bid to join the World Trade Organization.

Obama, who met Medvedev on the sidelines of the G8 summit in France, told reporters Russia's entry would be good f Read More »

US lifts duties on some steel from Brazil, Japan

AJOT | May 26, 2011 | International Trade

A U.S. trade panel voted to remove duties on hot-rolled steel from Brazil and Japan in a rare victory for U.S. steel-consuming industries.

The U.S. International Trade Commission voted 4-2 that U.S. steel producers were unlikely to be harmed by liftin Read More »

CO2 costs seen boosting EU steel imports

AJOT | May 26, 2011 | International Trade

Europe's steelmakers look set to boost imports of semi-finished products as an alternative to investing in carbon credits or cleaner technology ahead of tougher emission rules.

Though not due until 2013, planned changes to the European Union's emissio Read More »

US Steel imports increase 2.8% in April

AJOT | May 26, 2011 | International Trade

Steel mill product imports increased 2.8 percent in April over March, according to the government's preliminary import data. 'These import arrivals from non-NAFTA countries reflect slowly improving market conditions at the beginning of the year' said Davi Read More »

Industry calls for an end to archaic way international trade is controlled

AJOT | May 26, 2011 | International Trade

Current customs and trade compliance requirements are holding back international commerce and putting huge strains on the national authorities controlling them.

The whole system is costly, inefficient and unnecessarily bureaucratic, and needs to be fu Read More »

US, partners set target for TransPacific trade deal

AJOT | May 26, 2011 | International Trade

The United States and eight other Asia Pacific countries agreed to strive for the "broad outlines" of a free trade pact by the time President Barack Obama hosts a regional summit in Hawaii in November.

The proposed TransPacific Partnership pact would Read More »

Cargill, Wal-Mart press APEC on food security stance

AJOT | May 26, 2011 | International Trade

Food and retail giants Cargill and Wal-Mart said they were looking for Asia Pacific trade ministers to recommit to open markets as a way to boost food security.

Ministers need to take "the use of food as a weapon off the screen," Emery Koenig, senior Read More »

Airport construction projects pump money into local economy

AJOT | May 26, 2011 | Air Cargo

Responsible for more than $2.7 billion a year in economic activity, the Columbus Regional Airport Authority is a strong driver of the local economy. This year alone the Airport Authority has a construction budget of more than $117 million for improvement Read More »

Charter division activatied by ANS

AJOT | May 26, 2011 | Air Cargo

In line with it's previously announced 2011 expansion program, the chief executive of Airline Network Services reported the creation and activation of the company's charter division.

Dedicated to international air cargo charter lift out of North Ameri Read More »

Jade Cargo International selects Traxon Europe

AJOT | May 26, 2011 | Air Cargo

The Chinese all-cargo airline Jade Cargo International has signed an agreement with the e-communications provider Traxon Europe for the implementation of the AWB Data Capture application. Jade Cargo, linked to Lufthansa Cargo, uses Traxon Europe as CCS (c Read More »

Lufthansa Cargo’s pharma hub in Hyderabad goes into operation

AJOT | May 26, 2011 | Air Cargo

Lufthansa Cargo's pharma hub for temperature-sensitive airfreight officially has gone into operation at Hyderabad Airport in India. Prior to the opening, the location had been certified by the cargo carrier as meeting the complex requirements for the tran Read More »

Port Authority of NY&NJ authorizes third arrestor bed system to improve safety of Teterboro Airport’

AJOT | May 26, 2011 | Air Cargo

A third light-weight, concrete pavement system designed to improve plane safety on runways will be installed at Teterboro Airport, under action approved today by the Port Authority's Board of Commissioners.

The $27.1 million Engineered Material Arrest Read More »

Bavarian hub celebrates sixth

AJOT | May 26, 2011 | Air Cargo

About 100 guests from airlines, government offices and businesses at Munich Airport got together recently to celebrate the Bavarian hub's selection as the "European champion" in the World Airport Awards 2011. Speaking to the gathering, Bavarian finance mi Read More »

CMA CGM adds a new call at Piraeus on its EPIC service from Europe to Indian subcontinent and the Mi

AJOT | May 26, 2011 | Liner Shipping

CMA CGM Group has announced its EPIC service is now calling Piraeus on its way from North Europe to Indian subcontinent and the Middle East.

This new call at Piraeus allows CMA CGM to provide its customers with the following enhancements: Read More »

Global Shipping Organizations commend the IMO for agreeing to solve the problem of misdeclared…

AJOT | May 26, 2011 | Liner Shipping

The decision of the International Maritime Organization (IMO) Maritime Safety Committee to solve the problem of misdeclared container weights will significantly improve the safety of container ships, their crews, shoreside personnel involved in the handli Read More »

Evergreen Group places orders with China Shipbuilding for ten environmentally advanced 8000-TEU ...

AJOT | May 26, 2011 | Liner Shipping

The Evergreen Group has ordered and signed a contract with China Shipbuilding Corp. (CSBC) for ten 8,000-TEU container vessels

The contract, signed by Bronson Hsieh, Evergreen Vice Group Chairman, and Tang Tay-Ping, CSBC Chairman, is for Evergreen's t Read More »

CMA CGM: new giant of the seas christened in Dunkirk

AJOT | May 26, 2011 | Liner Shipping

The CMA CGM Group, the world's third largest container shipping company and first in France, announce that the CMA CGM TITAN, an 11,400 teu* vessel, was christened at the Dunkirk Terminal in the presence of her godmother, Mrs Laurence Parisot, President o Read More »

Hamburg S’d and Maersk Line add second sling to their joint Asia ’ South Africa/South America…

AJOT | May 26, 2011 | Liner Shipping

After reducing their joint Asia ' South Africa/South America East Coast Service in the slack season to one sling, Hamburg S'd and Maersk Line will again be adding a second sling to their service concept with effect from July 2011. With this move, the serv Read More »

Torm keeps 2011 loss guidance after Q1 in the red

AJOT | May 19, 2011 | Breakbulk & Projects

Danish tanker and dry-bulk shipping company Torm swung to a first-quarter loss from a small profit a year earlier, hurt by weak freight rates, and stood by its earlier guidance for a full-year loss.

Torm posted a pretax loss of $44.9 million, compared Read More »

Baltex to launch in June

AJOT | May 19, 2011 | Breakbulk & Projects

The Baltic Exchange has announced that its Multilateral Trading Facility for dry freight derivatives, Baltex, is set to go live on June 8, 2011. The announcement was made following a discussion with the Freight Market Information Users' Group which met in Read More »