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Diana Shipping subsidiary agrees to acquire containerships

AJOT | June 27, 2010 | Liner Shipping

Diana Shipping Inc., a global shipping company specializing in the transportation of dry bulk cargoes, announced that Diana Containerships Inc., its majority-owned subsidiary formed for the purpose of investing in containerships, has entered into agreemen Read More »

Maersk says more competitive than before crisis

AJOT | June 27, 2010 | Liner Shipping

Cost cuts at Danish shipping and oil group A.P. Moller-Maersk have made it more competitive than before the economic crisis began, its chief executive said in a company newsletter. Read More »

Saeki assumes role of President & CEO, ‘K’ Line America

AJOT | June 27, 2010 | Liner Shipping

Takashi Saeki has been named President & Chief Executive Officer of Richmond, Virginia-based 'K' Line America, Inc. (KAM) effective July 1. He retains his position as Senior Managing Executive Officer of the Tokyo based-parent company, Kawasaki Kisen Kai Read More »

Singapore’s NOL carried 34 % more containers in May

AJOT | June 27, 2010 | Liner Shipping

Singapore's Neptune Orient Lines (NOL), the world's fifth-biggest container shipping firm, said it carried 34 percent more containers in the four weeks to May 28 compared with a year ago. Read More »

TransPacific container market shows robust gains

AJOT | June 27, 2010 | Liner Shipping

First quarter cargo demand from Asia to the U.S. caught both container lines and their customers off guard, but carriers say they are now adjusting to what appears to be modest but sustained economic and trade growth through 2010. Read More »

CMA CGM launches a new direct service between Asia and the US West Coast

AJOT | June 27, 2010 | Liner Shipping

CMA CGM is pleased to announce the return, on July 10th 2010, of the Yang Tse service linking South, Central and North China to the West Coast of the United States.

Operated in partnership with Maersk Line and MSC, this service will deploy si Read More »

Evergreen Line launches HBS service

AJOT | June 27, 2010 | Liner Shipping

Recognizing a commercially successful future as a result of the free trade agreement (FTA) between China and ASEAN (Association of South East Asian Nations), Evergreen Line and Wan Hai Lines will launch the Hwa-Bei Strait (HBS) Service starting early July Read More »

Dockwise to assist BP in Gulf oil spill clean up

AJOT | June 17, 2010 | Breakbulk & Projects

Dockwise announced its commitment to assist with the oil spill clean up in the Gulf of Mexico. In a coordinated effort with T&T International Fire & Salvage, and BP, Dockwise has delivered the semi-submersible heavy-lift vessel, Mighty Servant 3, to the c Read More »

DP World concession extension in Maputo, Mozambique

AJOT | June 17, 2010 | Ports & Terminals

Global marine terminal operator DP World announced that its concession for the port of Maputo, Mozambique has been extended to 2033 with an option to extend for a further ten years. DP World holds the concession to operate the container terminal at the po Read More »

Key measure of U.S. chemical demand rises

AJOT | June 17, 2010 | Intermodal

Chemical shipments on U.S. railroads rose 13.1 percent last week, the Association of American Railroads said.

Chemical shipments on trains, called rail car loadings, are a measure of demand for products ranging from plastics to fertilizers. Read More »

Canada grain farmers say railways overcharging

AJOT | June 17, 2010 | Intermodal

Canadian farmers are overpaying the country's two major railways by as much as C$275 million ($270 million) a year to transport their crops, the Canadian Wheat Board and five other farm groups said.

The groups released a report by rail analys Read More »

Brazil suspends retaliation in U.S. cotton row

AJOT | June 17, 2010 | International Trade

Brazil suspended retaliatory measures against U.S. goods over a cotton subsidy dispute until 2012, giving the United States more time to tackle the thorny issue of agriculture reform.

The government said a deal agreed upon between the two cou Read More »

US House lawmaker warns China on currency

AJOT | June 17, 2010 | International Trade

A top U.S. Democratic lawmaker urged China to quickly raise the value of its currency to avoid action from President Barack Obama's administration or frustrated members of Congress. Read More »

US grapples with launching China currency probe

AJOT | June 17, 2010 | International Trade

A U.S. decision to get tough on China currency practices by slapping duties on some Chinese goods could backfire on the United States and be ruled illegal under world trade rules, experts said.

Under pressure from lawmakers who blame the huge Read More »

Steel exports decline in April over March but up 58.3% over 2009

AJOT | June 17, 2010 | International Trade

Exports declined in April by 2.1% over March, but were 58.3% higher in the first 4 months of 2010 compared to 2009. 'US exports of steel to the NAFTA region declined month on month by 10%, while exports to non-NAFTA Western Hemisphere increased by over 8 Read More »

Human heads found in Southwest cargo facility

AJOT | June 17, 2010 | Air Cargo

Officials in Arkansas are investigating a shipment of 40 to 60 human heads found by Southwest Airlines employees at a cargo facility last week in Little Rock, the Pulaski County coroner said.

The shipment of three separate containers was disc Read More »

Chapman Freeborn wins top cargo charter award

AJOT | June 17, 2010 | Air Cargo

Chapman Freeborn Airchartering has once again landed the prestigious Air Cargo Charter Broker of the Year prize at the ACW World Air Cargo Awards for 2010 following awards in 2007, 2008, and 2009.

For the fourth consecutive year, worldwide fr Read More »

KOG Transport utilizes AN225 on flight from Utapao, Thailand to Charlotte, NC

AJOT | June 17, 2010 | Air Cargo

The KOG Transport offices in Bangkok, Thailand and New York worked together to arrange on short notice a transport of steam turbine parts from Utapao Airport to the final destination in North Carolina. The total weight of the cargo and loading equipment i Read More »

Cathay Pac gets EU nod for Air ChinaCargo JV

AJOT | June 17, 2010 | Air Cargo

Cathay Pacific received EU regulatory approval on Friday for its $474 million cargo joint venture with Air China to expand into the fast-growing Yangtze River Delta region in China. Read More »

Labelmaster ‘s A.I.R. Shipper Compliance Package provides comprehensive information on shipping…

AJOT | June 17, 2010 | Air Cargo

Labelmaster(R), a U.S.-based manufacturer of hazardous materials and regulatory compliance products, has an affordable and convenient package to help shippers comply with the latest regulations included in the 2011 edition of the ICAO Technical Instructio Read More »

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