Aloha Air Cargo announces new personnel positions

AJOT | September 26, 2010 | Air Cargo

Aloha Air Cargo, Hawaii's largest air-freight carrier, announced today the hiring of a director of sales and business development and promotion of an existing employee. Read More »

World’s leading container liners join forces in fight against piracy

AJOT | September 26, 2010 | Liner Shipping

The world's three largest container shipping companies have decided to cooperate in the fight against piracy in the Gulf of Aden and the Indian Ocean. The cooperation between CMA CGM, MSC and Maersk Line includes information exchange on safety measures, p Read More »

FreeSeas enters into shipbuilding contracts for two handysize drybulk vessels

AJOT | September 19, 2010 | Breakbulk & Projects

FreeSeas Inc. a transporter of dry bulk cargoes through the ownership and operation of a fleet of seven Handysize vessels and two Handymax vessels, announce that it has entered into shipbuilding contracts for the construction of two Handysize dry bulk ves Read More »

Global sea index to rise 10 pct on US grain export boom

AJOT | September 19, 2010 | Breakbulk & Projects

The main global sea freight index, an indicator of world economic activity, will rebound in the fourth quarter as strong U.S. grain exports offset concerns over Chinese iron ore demand, a Reuters poll showed.

With about 90 percent of the worl Read More »

Nippon Yusen, BHP sign 15 yr shipping contract

AJOT | September 19, 2010 | Breakbulk & Projects

Nippon Yusen and the world's No.1 miner BHP Billiton signed a 15-year iron shipment contract that will use the Baltic Dry Index to set shipping charges, the Nikkei business daily reported. Read More »

Dry bulk freight rates to stay depressed in 2011

AJOT | September 19, 2010 | Breakbulk & Projects

Economic uncertainty and rising fleet supply are expected to keep dry bulk shipping rates depressed next year with companies set to slash costs to preserve profitability, a senior industry official said.

While rates for dry bulk vessels have Read More »

Norilsk tests new Arctic sea route to Shanghai

AJOT | September 19, 2010 | Breakbulk & Projects

Russia's metals giant Norilsk Nickel has started testing a new sea route, which will allow it to ship its products to China three times faster, Norilsk said. Read More »

Fay elected Board Chairman

AJOT | September 19, 2010 | Ports & Terminals

Mumphrey, Cahill elected Vice Chair, Secretary-Treasurer
The Board of Commissioners of the Port of New Orleans elected John Fay, a partner in the law firm of Deutsch, Kerrigan & Stiles its chairman today. Fay succeeds Thomas D. Westfeldt, wh Read More »

The Massachusetts Port Authority recently welcomed the arrival of its two low-profile and four RTG c

AJOT | September 19, 2010 | Ports & Terminals

The Massachusetts Port Authority recently welcomed the arrival of its two low-profile and four RTG cranes acquired from the Port of Oakland. The cranes fulfill an essential component of Massport’s port modernization strategic plan for growth and greater e Read More »

Severe port congestion to cap Australia coal exports

AJOT | September 19, 2010 | Ports & Terminals

Severe congestion problems at the world's biggest coal shipping port, Newcastle in Australia, look set to constrain the country's coal exports for at least another two years.

BHP Billiton , Rio Tinto , and other mining companies have expanded Read More »

Pot-holes hamper booming Argentine soy industry hub

AJOT | September 19, 2010 | Ports & Terminals

Thousands of trucks loaded with soybeans clog up pot-holed highways and unpaved roads around the Argentine city of Rosario -- home to one of the world's biggest, most efficient soy-crushing industries.

Farmers and grains exporters in the Sout Read More »

Port of Savannah: preparing for tomorrow’s demands today

AJOT | September 19, 2010 | Ports & Terminals

Georgia Ports Authority (GPA) Executive Director Curtis J. Foltz delivered his first State of the Port Address to a record crowd of nearly 1,100 in Savannah. He outlined actions required to achieve continued growth and prepare the Port of Savannah for fut Read More »

Ports America announces new Vice President, Key Account Management

AJOT | September 19, 2010 | Ports & Terminals

Ports America recently announced the appointment of Curtis F. Flynn to the position of Vice President, Key Account Management. Read More »

Waterborne shipping generates $14 billion per year for Indiana lakeshore economy

AJOT | September 19, 2010 | Ports & Terminals

A new study released today by the Ports of Indiana reports that waterborne shipping along Indiana’s Lake Michigan shoreline contributes $14 billion per year in economic activity to the state economy and more than 104,000 jobs. The study was conducted by M Read More »

Gulftainer spreads its wings with $500 million joint venture

AJOT | September 19, 2010 | Ports & Terminals

United Arab Emirates based Ports and Logistics group Gulftainer, a subsidiary of the Crescent Group of companies and the largest private port and logistics operator of the Middle East, has signed a major joint venture agreement with Prominvest, the financ Read More »

Indonesia Tanjung Priok port access hit by road collapse

AJOT | September 19, 2010 | Ports & Terminals

One of the main access roads to Indonesia's biggest port, Tanjung Priok in north Jakarta, collapsed, but so far there has been no impact on loading or unloading goods, a port spokesman said.

A section about 100 metres long in the concrete roa Read More »

Konecranes receives important port crane orders from India

AJOT | September 19, 2010 | Ports & Terminals

In August 2010 Konecranes received two important orders for port cranes from the Indian terminal operator Visakha Container Terminal Pvt. Ltd. (VCTPL). The orders include four RTG (rubber tired gantry) cranes and two STS (ship-to-shore) cranes. The RTGs w Read More »

Port of Long Beach posts best cargo numbers in nearly three years

AJOT | September 19, 2010 | Ports & Terminals

The monthly container cargo count at the Port of Long Beach reached its highest levels in nearly three years to 611,002 twenty-foot equivalent container units moved in the month of August, a 23.9 percent increase compared to the same month last year. Read More »

China’s Ningbo Port prices IPO at top of range

AJOT | September 19, 2010 | Ports & Terminals

Ningbo Port priced its Shanghai IPO shares at the top of an indicative range on Wednesday, raising 7.4 billion yuan ($1.1 billion), after the Chinese port operator slashed the size of its float by a fifth to whet investor appetite in a wobbly stock market Read More »

CN, DP World sign comprehensive Service-Level Agreement

AJOT | September 19, 2010 | Ports & Terminals

CN and DP World, operators of the Centerm Terminal in Vancouver, announced the signing of a comprehensive Service-Level Agreement designed to further enhance the competitiveness of Canada's Pacific Gateway and improve services for customers. The agreement Read More »