Meat and dairy to eclipse biofuel in agriculture demand

Reuters | July 01, 2015 | International Trade

Changing diets in emerging countries will boost global demand for meat and dairy products in the next 10 years, shifting grain supply towards livestock feed as use of crop-based biofuel is curbed by lower oil prices, the FAO and OECD said. Read More »

South Korea exports to US, China rise in June; those to EU fall

Reuters | July 01, 2015 | International Trade

South Korean exports to the United States and China both rose for the first time in months during June, preliminary data from the trade ministry showed on Wednesday, while those to the European Union continued to drop. Read More »

Charleston Harbor Deepening Project earns key Federal funding for preconstruction engineering

Reuters | July 01, 2015 | Ports & Terminals

The SC Ports Authority announced $1.303 million in federal funding for the Post-45 Harbor Deepening project, allowing the Preconstruction Engineering and Design (PED) Phase of the 52-foot deepening effort to begin. The announcement follows last week's US Army Corps of Engineers Civil Works Review Board (CWRB) approval to release the project's Final Integrated Feasibility Report and Environmental Impact Statement for final review, another critical step of federal approval for the SC Port Authority to provide the deepest harbor on the East Coast. Read More »

Box Ships Inc. announces agreements with banks and the charter of two vessels

PR Newswire | July 01, 2015 | Liner Shipping

Box Ships Inc., a global shipping company specializing in the transportation of containers, today announced that it has agreed with ABN AMRO Bank N.V. to extend for a period of two years the secured loan facility dated June 27, 2012, which was originally scheduled to mature in July 2015. Read More »

Ultra-light condensate could be niche for West Texas rail

Reuters | July 01, 2015 | Energy | Rail and Road | Intermodal | Rail

A surge in West Texas oil pipeline startups and expansions has squeezed viability of some crude-by-rail terminals in the region, but increased output of ultra-light condensate could give them a niche pipelines cannot fill, a top rail operator in the region said on Wednesday. Read More »

GCT New York welcomes the new APL/SeaLand service

AJOT | July 01, 2015 | Ports & Terminals | Ports

As the leading provider of customer-focused service in North America, GCT USA has welcomed the maiden call of the new North-South NAE/ACX service to GCT New York on 28 June 2015. Read More »

Workers at Kenya’s main port strike over higher health costs

Reuters | July 01, 2015 | Ports & Terminals

More than 2,000 workers at East Africa’s biggest port in Kenya’s coastal city Mombasa went on strike on Wednesday protesting an increase in the amount they will have to pay for state-run health insurance. Read More »

Saudi’s Bahri to buy five more oil tankers from Hyundai Heavy

Reuters | July 01, 2015 | Energy | Maritime

National Shipping Company of Saudi Arabia (Bahri) has signed a deal to buy a further five very large crude tankers from ship builder Hyundai Heavy Industries, the exclusive oil-shipper for Saudi Aramco said on Wednesday. Read More »

BIFA backs Airports Commission’s recommendations

AJOT | July 01, 2015 | Air Cargo

Following today's report by the Airports Commission on airport capacity in the UK, the trade association for UK freight forwarders and logistics service providers has backed the report's proposal that the UK must push ahead on the expansion of aviation capacity with a new runway at Heathrow. Read More »

Hawaiian Airlines successfully launches SmartKargo

AJOT | July 01, 2015 | Air Cargo

On June 27, Hawaiian Airlines became the first airline in the Americas to deploy SmartKargo Read More »

3D Printing is the name of the game at Port of Rotterdam and Broekman Logistics

AJOT | July 01, 2015 | Ports & Terminals

Is 3D Printing just a passing fad, or does the technology actually allow you to print ship parts that can meet the rigorous demands of modern shipping? Read More »

Update on port operations in Greece

AJOT | July 01, 2015 | Ports & Terminals

Inchcape Shipping Services is advising the following details on the current capital controls and potential effects on operations in Greece. Read More »

The CPG Sector’s problems are the logistics provider opportunity

AJOT | July 01, 2015 | Transport Intermediaries

“The Consumer Packaged Goods sector is one of the largest customers for contract logistics. With estimated revenues of over half a billion it is a global business that can make unique demands of logistics services. Read More »

The world’s first methanol-fueled low-rev diesel engine

AJOT | July 01, 2015 | Liner Shipping

MOL has ordered methanol carriers with the world’s first methanol burned dual-fueled low-speed diesel main engine. Read More »

Crowley strengthens relationship with U.S. Navy, completes turnover of Military Sealift Command T-AG

AJOT | July 01, 2015 | Liner Shipping

Crowley Maritime Corp.’s global ship management group recently completed the successful turnover of the Military Sealift Command’s (MSC) T-AGOS/T-AGM fleet and is now responsible for the operation and maintenance of the organization’s five T-AGOS vessels Read More »

Verifavia launches first dedicated shipping verification service as EU ‘MRV’ rules come into force

AJOT | July 01, 2015 | Transport Intermediaries

Verifavia unveiled its dedicated shipping service to coincide with the coming into force of the European Commission’s (EC) Monitoring, Reporting and Verification (MRV) rules to collect emissions data. Read More »

WSC issues guidelines for implementation of container weight verification requirements

AJOT | July 01, 2015 | International Trade

One year from today, global containerized maritime commerce will need to comply with new international regulations that require every packed container to have a verified container weight as a condition for vessel loading. Read More »

First Quarter 3PL Benchmarking Report Shows Varied Results for Freight Brokers

AJOT | July 01, 2015 | Transport Intermediaries

Transportation Intermediaries Association (TIA) has released the First Quarter 2015: TIA Benchmarking Report and the results show that TIA members’ experienced a large growth in truckload arrangements in a comparison to the first quarter of 2014. Read More »

Colonial allocates Cycle 39 shipments on main gasoline line

Reuters | July 01, 2015 | Energy | Pipeline

Colonial Pipeline Co is allocating space for Cycle 39 shipments on Line 1, its main gasoline line, according to a notice sent to shippers on Wednesday. Read More »

Air freight demand growth slows further in May

Reuters | July 01, 2015 | Air Cargo

Growth in demand for global air freight hit its slowest rate this year in May against the backdrop of stuttering economies, the International Air Transport Association (IATA) said on Wednesday. Read More »