Air cargo growth slows, suggests global economy cooling

AJOT | October 26, 2010 | Air Cargo

International air cargo traffic grew at a slower annual pace in September, in a fresh sign that the global economy is cooling, the International Air Transport Association (IATA) said.

The trend in freight traffic -- a good indicator for globa Read More »

NSCSA cuts transit time between Baltimore and Jeddah in half

AJOT | October 26, 2010 | Liner Shipping

Beginning with the Saudi Abha v.151, NSCSA is adding a second port call at Baltimore, MD, reducing delivery time from Baltimore to all Middle East and Indian Subcontinent destinations by fifteen days. Read More »

Horizon Lines to take delivery of 12,500 new containers

AJOT | October 26, 2010 | Liner Shipping

Horizon Lines, Inc, the nation's leading domestic ocean shipping and integrated logistics company, announced it will add approximately 12,500 new containers to its international and domestic shipping network to support existing customers and the carrier's Read More »

APL joins clean air program in New York Harbor

AJOT | October 26, 2010 | Liner Shipping

Shipping leader APL volunteered to burn cleaner fuel in every vessel calling at the ports of New York and New Jersey.

The agreement is part of a Port Authority program designed to curb emissions in New York Harbor. Under the plan, APL vesse Read More »

Hamburg S’d and Alian’a support voluntary initiative on pollutant reduction in Hong Kong

AJOT | October 26, 2010 | Liner Shipping

As part of their commitment to environmental stewardship, Hamburg S'd and Alian'a have decided to extend their tests with low-sulphur fuels to include Asia. Together with other shipping companies, they are participating in the Fair Winds Charter initiativ Read More »

Crowley transforms refrigerated container fleet
with 355 PrimeLINE Units…

AJOT | October 26, 2010 | Liner Shipping

When Crowley Maritime Corporation's liner services group takes delivery of 355 new 40-foot high-cube refrigerated containers later this year, it will mark an important milestone on the path to world-class environmental stewardship: conversion of nearly a Read More »

Grain surge illustrates lakes untapped potential

AJOT | October 24, 2010 | Breakbulk & Projects

Russia's decision to suspend grain exports has ships throughout the world steering for the Great Lakes to load wheat and other staples. Lucky for this hungry planet that the Great Lakes Navigation System has unused capacity and can meet this unexpected d Read More »

Vale ore fleet to drag freight rates lower

AJOT | October 24, 2010 | Breakbulk & Projects

Brazilian mining giant Vale's move to use its own fleet of 400,000 ton iron ore carriers will have a major effect on shipping and will push freight rates lower, a senior ship official said.

Vale will take delivery of the first of 36 Chinamax Read More »

Shipping firms buying smaller vessels

AJOT | October 24, 2010 | Breakbulk & Projects

Smaller dry cargo vessels are outperforming bigger capesizes, boosted by rising trade in minor bulks such as cement, grain and fertilizer. Read More »

Minor bulks trade puts wind in smaller vessels’ sails

AJOT | October 24, 2010 | Breakbulk & Projects

Buoyed by demand for so-called minor bulks from cement to fertilizer, smaller dry cargo vessels will outperform capesizes, the largest drybulk ships, which are being squeezed by ship oversupply and a volatile iron ore market.

Swings in iron o Read More »

Freight rates weak despite U.S. grain export push

AJOT | October 24, 2010 | Breakbulk & Projects

The fastest U.S. grain harvest on record is pushing large volumes of corn and soybeans to export terminals in the United States earlier than usual, but ocean freight rates remain sluggish due to vessel oversupply. Brokers had expected strong U.S. grain ex Read More »

Trans Ocean offer enhanced service options through new wider global network

AJOT | October 24, 2010 | Breakbulk & Projects

Trans Ocean, global leader in bulk liquid logistics, has completed the process of integration into the Hillebrand Group, meaning customers will benefit from enhanced services and a wider global network.

In 2007, Trans Ocean was acquired by th Read More »

Diana Shipping announces time charter contract for M/V Alcmene

AJOT | October 24, 2010 | Breakbulk & Projects

Diana Shipping Inc. a global shipping company specializing in the transportation of dry bulk cargoes, announced that it has entered into a time charter contract with Cargill International S.A., Geneva, for its Post-Panamax dry bulk carrier, the m/v Alcmen Read More »

US grain flow hits snags amid record harvest pace

AJOT | October 24, 2010 | Breakbulk & Projects

The record harvest pace of the corn and soybean crops in the U.S. Midwest was causing pockets of snags along the supply chain, backing up the movement of grains on barges and by rail, trade sources said.

There were concerns the bottlenecks in Read More »

Magdenli handles Turkish Heavy Lift of cranes and wind project

AJOT | October 24, 2010 | Breakbulk & Projects

Magdenli Transport and Trade Co, Member to the CEE network in Turkey, handled recently heavy components for various projects, such as 4 units cranes each; 3200 x 344 x 286 cm / 50 ton of crane beams and 2 units of 730 x 524 x 348 cm / 56 tons of over head Read More »

Abu Dhabi Ports awards $3 billion in contracts for new port

AJOT | October 24, 2010 | Ports & Terminals

Abu Dhabi Ports Co has awarded about 11 billion dirhams ($3 billion) in contracts so far to build the first phase of its new port and industrial zone, its chief executive said.

The first phase of Khalifa Port & Industrial Zone (KPIZ) in Abu D Read More »

PD Ports leads the way again as portcentric logistics moves into second phase

AJOT | October 24, 2010 | Ports & Terminals

PD Ports, which introduced portcentric logistics into the UK, says the concept is now well-established and moving into its second phase.

The port company, owners of Teesport, Hartlepool and various other port facilities, is once again showing Read More »

CN, Western Stevedoring and forest-products companies sign MOU at Port Metro Vancouver

AJOT | October 24, 2010 | Ports & Terminals

CN, Western Stevedoring Company Ltd. and several forest-products companies have reached a memorandum of understanding for seven-day-a-week unloading services at Western Stevedoring's Lynnterm Terminal at Port Metro Vancouver (PMV). Read More »

HHLA sees container shipping volumes picking up

AJOT | October 24, 2010 | Ports & Terminals

Container shipping volumes will grow more than 10 percent in 2010 at German port logistics company HHLA , HHLA Chief Financial Officer Roland Lappin told Reuter.

"We are seeing a stabilisation of the growth trend," Lappin said in an interview Read More »

Port of New Orleans set to break record for container vessel arrivals

AJOT | October 24, 2010 | Ports & Terminals

During the month of September, 43 container vessels worked cargo at the Napoleon Avenue Container Terminal. The figure set an all-time record for the number of container ships arriving at the Port within a given month.

“The better news is Oc Read More »