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Russia bans imports of Nestle baby food

AJOT | April 25, 2010 | International Trade

Russia's consumer protection watchdog Rospotrebnadzor said it had denied permission for Nestle, the world's biggest food group, to import baby-food products to Russia.

"Nestle was refused the state registration of certain types of products -- Read More »

Global markets drive US industrial profits

AJOT | April 25, 2010 | International Trade

International markets like China and Brazil drove profits at U.S. industrial companies in the first quarter, many of which beat Wall Street estimates and raised their full-year forecasts.

Cost cuts introduced during the downturn also helped b Read More »

US Airways ends UAL merger talks; Continental looms

AJOT | April 25, 2010 | Air Cargo

US Airways Group Inc said it dropped out of merger talks with United Airlines parent UAL Corp, perhaps clearing the way for UAL and Continental Airlines Inc to combine in what would be the world's largest airline.

UAL and Continental are in t Read More »

Singapore Air says lost S$40 mlllion in revenue from volcano

AJOT | April 25, 2010 | Air Cargo

Singapore Airlines, the world's second largest airline by market value, said air travel disruptions in Europe had resulted in S$40 million ($29.11 million) revenue loss from cargo and passenger operations. Read More »

SWISS extends agreement with Traxon Europe

AJOT | April 25, 2010 | Air Cargo

Traxon Europe, the international provider of electronic communication solutions for the airfreight industry, will become Swiss WorldCargo's exclusive provider of EDI messaging services as of May 01, 2010. The contract gives Swiss WorldCargo access to the Read More »

Air China Q1 net doubles as air traffic rebounds

AJOT | April 25, 2010 | Air Cargo

Air China , the country's flag carrier, said its first-quarter earnings more than doubled as the domestic air travel market rebounded strongly with the recovering economy.

Air China's outlook is expected to remain bright for the rest of the y Read More »

Ash cloud disrupts Asia’s links to global supply chain

AJOT | April 25, 2010 | Air Cargo

Airspace closures caused by a giant ash plume from an Icelandic volcano have disrupted high-end Asian exports and frozen air cargo services, posing formidable obstacles for manufacturers still eyeing recovery.

The ash has grounded planes acro Read More »

DHL Express deliveries never stopped during EU airspace shutdown

AJOT | April 25, 2010 | Air Cargo

DHL Express, a unit of global logistics company Deutsche Post DHL, continued to operate in Europe throughout the air traffic shutdown by activating its contingency plans immediately after the volcano eruption.

DHL routed additional flights from its U. Read More »

EU set to decide on BA, American, Iberia by July

AJOT | April 25, 2010 | Air Cargo

EU regulators will decide by July whether to clear or block a plan by British Airways , American Airlines and Iberia to deepen their Oneworld alliance, the EU's antitrust chief said.

The European Commission is reviewing the results of a marke Read More »

Europe ash cloud dents Gulf Arab luxury food supply

AJOT | April 25, 2010 | Air Cargo

A Gulf Arab airline ditched a massive cargo of fresh fish and the desert region's supermarkets are fretting over fruit and vegetable imports trapped in a backlog of flights created by Europe's ash cloud.

As European air space reopens to fligh Read More »

Safmarine appoints new Chief Process Officer (CPO)



AJOT | April 25, 2010 | Liner Shipping

Regional shipping line Safmarine has appointed Jan Van Dooren as its Chief Process Officer (CPO).

 Van Dooren, who has managed a number of high level projects during his 25 year career with Safmarine, is one of the company's most experienced Read More »

Shipping line builds on their success at the Port of Halifax with an upgraded weekly service

AJOT | April 25, 2010 | Liner Shipping

CMA CGM, the world's 3rd largest container shipping company, has announced plans to upgrade to a weekly service at the Port of Halifax. This revised service will shorten the transit time for import and export containerized cargo.


With Read More »

CMA CGM takes delivery of the CMA CGM FIGARO vessel

AJOT | April 25, 2010 | Liner Shipping

CMA CGM announced the delivery of the CMA CGM FIGARO, 8500 teus*containership built by Samsung Heavy Industry.

The CMA CGM FIGARO is registered in France and will sail under the French flag (RIF).

In compliance with CMA CGM's env Read More »

Maersk tycoon, age 96, going strong

AJOT | April 25, 2010 | Liner Shipping

Danish shipping magnate Maersk Mc-Kinney Moller, who will turn 97 this July, is in good health and shows up to work daily at the headquarters of A.P. Moller-Maersk his secretary said.

Moller did not attend Queen Margrethe's 70th birthday bash Read More »

Hamburg S’d defies crisis

AJOT | April 25, 2010 | Liner Shipping

Hamburg S'd, too, was gripped by the world economic and shipping crisis. At 2.3 billion TEU, shipment volume in the liner business was 13 per cent down on the previous year and freight rates dropped significantly. Turnover consequently fell 28 per cent to Read More »

China COSCO sees better 2010 after weak H2 results

AJOT | April 25, 2010 | Liner Shipping

Shipping conglomerate China COSCO Holdings said it expected its liners to have better operating results in 2010 after posted worse-than-expected second-half losses on weak shipping demand.

Container freight rates have been rising since the la Read More »

Maersk’s new Halifax line to serve lobster trade

AJOT | April 25, 2010 | Liner Shipping

The world's biggest container shipper, Maersk Line, has opened a route from Halifax in Nova Scotia to Rotterdam to meet growing demand for transport of live shellfish, Maersk and its partner Aqualife said. Since 2005 Maersk Line, which belongs to Danish o Read More »

Horizon Lines posts wider-than-expected Q1 loss

AJOT | April 25, 2010 | Liner Shipping

Container shipping company Horizon Lines Inc reported a wider-than-expected first-quarter loss hurt by high fuel costs and increased contractual labor expenses.

For the quarter, the company's net loss was $13.2 million, or 43 cents a share, c Read More »

Hamburg S’d announces general rate increase for pacific coast cargo shipments to Europe

AJOT | April 25, 2010 | Liner Shipping

Hamburg S'd announced that effective June 1, 2010, a General Rate Increase (GRI) will be applied to all cargo moving from U.S. West Coast ports and Vancouver to Europe. Read More »

Premium Article  OOCL makes adjustments to accommodate today’s world trade scene

Karen Thuermer | April 18, 2010 | Liner Shipping

The word from Orient Overseas Container Line (OOCL), based in Hong Kong, is that while the world economy is still tenuous, business is recovering.

In an interview at OOCL’s corporate office in Hong Kong in January, C.L. Ting, OOCL managing di Read More »

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