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Two more Rickmers container giants named

AJOT | February 21, 2011 | Liner Shipping

The naming of two more 13,100 TEU container vessels for Rickmers Group took place in Ulsan, Korea. Leo Rickmers and Scorpio Rickmers will come into service for their charterer Maersk Line as Maersk Edmonton and Maersk Elba. Leo Rickmers was named by Manu Read More »

Hanjin sees growth in cargoes but falling profits

AJOT | February 21, 2011 | Liner Shipping

Hanjin Shipping , the world's ninth biggest container shipper, predicted global container shipments would grow up to 8 percent this year, supported by bright trans-Pacific trade prospects.

"(A) return to normalcy--that is our expectation and hope," ch Read More »

Hamburg S’d celebrates christening of a 7,100 TEU container ship

AJOT | February 21, 2011 | Liner Shipping

Hamburg S'd has christened the 'Santa Isabel' in Singapore. She is the second of ten identical container vessels with a capacity of 7,100 TEU each. This makes them not only the largest ships ever built for Hamburg S'd, but also, with their 1,600 reefer pl Read More »

Premium Article  US spending shortfalls on inland waterways undermine US exports

Stas Margaronis | February 17, 2011 | Ports & Terminals

New shipping restrictions on the lower Mississippi River reflect a long-term failure to properly maintain the nation’s waterways causing a crisis for farmers, shippers and exporters. As growing delays and higher costs and undermine commerce, according to Read More »

Premium Article  Infill versus greenfield

Peter Buxbaum | February 17, 2011 | Energy | Intermodal | International Trade | Ports & Terminals

In reversal of former trend, distribution, logistics, and industrial sites are increasingly being located in built up areas
Trends in the location of industrial sites and logistics centers have seen a reversal since the 1990s. Back then, low Read More »

Premium Article  Inland ports offer muscle to moving America’s freight

Karen Thuermer | February 17, 2011 | Ports & Terminals

Inland waterways already play a significant role in the commerce of the United States by moving a wide host of commodities as well as containerized freight throughout its 12,000-miles navigable system. That system spans the Mississippi River, the Ohio Riv Read More »

Premium Article  Spectacular renewal of Canada’s inland fleet

Leo Ryan | February 17, 2011 | Liner Shipping

The long-awaited decision last fall by Canada’s federal government to eliminate a three-decade old 25% duty on imported vessels has sparked a flurry of orders to renew Canada’s aging inland fleet. The strong appreciation of the Canadian dollar has also fa Read More »

Premium Article  General Electric sales to China generate U.S. jobs and U.S. concerns

Stas Margaronis | February 17, 2011 | International Trade

General Electric plans new agreements with Chinese partners in strategic sectors such as clean energy, aviation and rail transportation, which are expected to generate more than $1 billion in exports from the United States and create or support 4,500 U.S. Read More »

Premium Article  Nucor Steel is heavy weight on Mississippi River

Karen Thuermer | February 17, 2011 | Breakbulk & Projects | International Trade

Good news for transportation providers and seaports such as the Port of New Orleans, a major transshipment port for steel. Plans for another steel mill to be built along the Mississippi River are underway – this one for Nucor Steel.

- By Karen E. Read More »

Premium Article  Bucyrus digs global logistics

Karen Thuermer | February 17, 2011 | Breakbulk & Projects | International Trade

One only needs to identify where today’s major mining projects are taking place to understand where Bucyrus International, Inc., a world leader in the design and manufacture of mining equipment, is shipping its equipment. After all, Bucyrus has a goal of Read More »

Premium Article  J.M. Smucker’s Folgers sets sites for uncommon grounds

Karen Thuermer | February 17, 2011 | International Trade

Wake up and smell the coffee! That’s what folks in New Orleans are saying these days. Not only is the National Coffee Association of USA, Inc. (NCAUSA) holding its Centennial Convention on March 16-19 in New Orleans, last year J.M. Smucker Co. announced t Read More »

Premium Article  Strong recovery in Great Lakes/Seaway traffic

Leo Ryan | February 17, 2011 | International Trade | Liner Shipping | Ports & Terminals

Thanks to a recovery notably in the steel and automobile industries, cargo movements through the bi-national inland waterway of the Great Lakes/ St. Lawrence System are bouncing back from the 2008-2009 recession. Another important factor has been surging Read More »

Premium Article  Change in Rickmers Group executive board after successful financing

AJOT | February 17, 2011 | Liner Shipping

Following 10 years with the Rickmers Group and after the successful conclusion of financing agreements for the Rickmers Group’s newbuilding program consisting of container and multi-purpose vessels, Dr Moritz Mittelbach has stepped down as CFO and Managin Read More »

Premium Article  Magdenli handles heavy railway consigments in Turkey

AJOT | February 17, 2011 | Breakbulk & Projects

Magdenli Transport and Trade from Ankara, Turkey, a member of Cargo Equipment Expert CEE, made good use of its 200 ton capacity mobile crane and heavy duty multi axle trailers to arrange for shifting cargo and inland transport of heavy equipment, used by Read More »

New straddle carrier from Konecranes



AJOT | February 17, 2011 | Ports & Terminals

Terminal quayside container unloading operations need to be linked flexibly with yard stacking operations. The new Boxrunner straddle carrier from Konecranes is the flexible link between ship-to-shore cranes and automated yard cranes. Read More »

Ports of Indiana ships largest annual tonnage since 2006

AJOT | February 17, 2011 | Ports & Terminals

The Ports of Indiana handled more than 7.7 million tons of cargo at its three ports in 2010 – an increase of eight percent over the previous year. New cargoes and agricultural-related shipments helped propel the state port system to its largest annual ton Read More »

Klinge Corporation acquires Norfrig Equipment of Denmark

AJOT | February 17, 2011 | Ports & Terminals

Klinge Corporation announced today that it has completed its acquisition of Norfrig Equipment. Norfrig Equipment, headquartered in Kjellerup, Denmark, is a leading supplier of ultra low temperature refrigeration and thawing solutions.

Klinge Corporat Read More »

Port welcomes ICTSI to Portland

AJOT | February 17, 2011 | Ports & Terminals

ICTSI Oregon, Inc., a subsidiary of International Container Terminal Services, Inc., is the new operator of the Port’s deep draft container terminal. Saturday, Feb. 12 marked the official start of the Port’s 25-year lease with ICTSI, Inc. to manage Portla Read More »

Hutchison in $3 blllion financing for spin-off

AJOT | February 17, 2011 | Ports & Terminals

Hutchison Whampoa Ltd has launched a $3 billion financing facility for Hutchison Ports Holdings Trust (HPH Trust) in a move to leverage the port unit ahead of its Singapore listing, Basis Point reported.

The ports-to-telecom conglomerate, which aims t Read More »

CN Railway service level agreements bring shippers and terminal operators into shared network

AJOT | February 17, 2011 | Intermodal

Service Level Agreements that bring Canadian National Railway, container terminals, shippers and ports into a shared communications network are dramatically increasing the efficiency and transparency of the logistics chain up north. And, according to Paul Read More »

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