BG Group sees its Australian project helping to double LNG supplies

Reuters | March 04, 2015 | Breakbulk & Projects | Projects | Energy | Maritime

A smooth start to operations at BG Group’s Australian project in Queensland is expected to help the British company to roughly double its liquefied natural gas (LNG) supplies in 2015/16, it said on Wednesday. Read More »

Fraport Cargo Services GmbH adds “Track & Trace System” to it’s range of electronic services

AJOT | March 04, 2015 | Transport Intermediaries

Customers and forwarding agents of FCS, a wholly-owned subsidiary of Fraport AG, can now use a modern track & trace system to check the consignment status of their dispatched import freight. Read More »

IMF’s Lagarde: Success of Greek reforms rest on implementation

Reuters | March 04, 2015 | International Trade

The success of Greece’s reform plan depends on the framework that is put in place and how the overhaul is implemented, International Monetary Fund chief Christine Lagarde said on Wednesday. Read More »

CaroTrans Adds Asia to U.S. Southeast LCL Import Service to Global Network

AJOT | March 04, 2015 | Transport Intermediaries

Shanghai to Atlanta direct, all-water routing bypasses U.S. West Coast congestion Read More »

MSC Oscar Arrival of the world’s largest container ship in Rotterdam

AJOT | March 04, 2015 | Liner Shipping

On Tuesday afternoon, 3 March, the MSC Oscar will arrive at the APM1 terminal in Rotterdam. With a capacity of 19,224 TEU (20-foot containers), the 396 meters long and 59 meters wide ship is the largest container ship in the world. Read More »

International Truck Introduces More Powerful Electronics and Enhanced Diamond Logic Features

AJOT | March 04, 2015 | Intermodal | Road

The new body control module, designed in line with Society of Automotive Engineer (SAE) 500k baud standards, will expand customer and truck equipment manufacturer electronics capabilities, driving more uptime. Read More »

The Danish Prime Minister unloaded the first load of sand for the port expansion

AJOT | March 04, 2015 | Ports & Terminals | Ports | Container Port

On February 26, 2015, The Danish Prime Minister Helle Thorning-Smith visited the Port of Hirtshals which marked the beginning of the construction that will expand the port with 250,000 m². The Port of Hirtshals is investing in the land expansion to increase the possibilities for the businesses in the area. This will make it possible for the companies to continue growing in the future. Read More »

Should carriers speed up again?

AJOT | March 04, 2015 | Liner Shipping

Over the last seven months oil prices have fallen more than most people had thought possible a year ago. As bunker prices are closely correlated with oil prices, a similarly large drop has been seen here. Read More »

Capes Shipping Agencies announces new General Manager at Baltimore/Wilmington office

AJOT | March 04, 2015 | Transport Intermediaries

Henrik brings over seventeen years of diverse maritime experience to Capes, including vessel operations, technical, agency management, chartering and port captaincy. Henrik will be responsible for the management and development of their Baltimore, MD and Wilmington, DE offices. Read More »

CN announces plan to buy back shares through a private agreement

AJOT | March 04, 2015 | Intermodal | Rail

CN announced today that it intends to purchase for cancellation up to 1.2 million of its common shares pursuant to a private agreement between CN and an arm's-length third-party seller. Read More »

DHL Delivers Formula E Cargo for Miami ePrix

AJOT | March 04, 2015 | Transport Intermediaries

DHL, the official logistics sponsor and a founding partner for Formula E, recently delivered cars and equipment for the 10 teams that will compete in the Miami ePrix on March 14. It will be the fifth round in the new FIA Formula E Championship, the world’s first fully-electric car racing series that began in Beijing last September and ends in London in June. Read More »

Walker SCM welcomes Randi Norfleet as Executive Director, Global Business Development

AJOT | March 04, 2015 | Transport Intermediaries

Experienced sales and marketing executive committed to driving expansion, growth in the Life Sciences sector Read More »

Kenco’s Dwight Crawley to present on Financial Success Strategies at two industry events

AJOT | March 04, 2015 | Transport Intermediaries

Dwight Crawley, the chief financial officer for Kenco—a leading provider of integrated logistics solutions, real estate services, and material handling equipment—will make key presentations at upcoming events for executive leaders and management accountants. Read More »

Logistics Plus India Achieves ISO 9001 Certification

AJOT | March 04, 2015 | Transport Intermediaries

Logistics Plus Inc., a worldwide provider of transportation and logistics services, is proud to announce that its India operations have obtained ISO 9001:2008 certification for quality management systems in support of international freight forwarding and logistics. Read More »

Evergreen Line enhances Southeast Asia service

AJOT | March 04, 2015 | Liner Shipping

In light of the strong growth potential of the Intra-Asia trades, Evergreen Line is implementing service enhancements for its services to/from the Southeast Asian markets. The carrier will launch its new Taiwan-Shekou-Malacca Strait Service (TSS) later in March and will also introduce a dedicated Taiwan - Hong Kong Service (THK). Read More »

German cooperative DZ Bank full-year profit up by nearly half

Reuters | March 04, 2015 | International Trade

Profit at German cooperative lender DZ Bank rose by nearly half last year, helped by a strong economy and fewer claims in its insurance business. Read More »

Saudi shipper Bahri plans 3.9 billion riyal, 10-year sukuk issue

Reuters | March 04, 2015 | Liner Shipping

National Shipping Company of Saudi Arabia (Bahri) plans to sell ten-year sukuk worth 3.9 billion riyals ($1.04 billion) by the end of March to repay debt and for general business purposes, a company executive said on Wednesday. Read More »

China says detained ship involved in “normal trade cooperation”

Reuters | March 04, 2015 | Liner Shipping

China’s foreign ministry said on Wednesday that a ship detained in Colombia for illegally transporting arms and operated by China’s largest shipping group was involved in “normal trade cooperation”. Read More »

Shipping industry faces shake up as private equity unwinds bets

Reuters | March 03, 2015 | Liner Shipping

As global shipping grapples with its worst downturn in 30 years, private equity firms are unwinding massive bets made on the sector in a move set to accelerate a restructuring of the shipping industry. Read More »

Complex logistics await Lippo’s e-commerce push in archipelago Indonesia

Reuters | March 03, 2015 | Transport Intermediaries

Selling goods online may only rely on a few mouse clicks, but in Indonesia, delivering purchases to dozens of islands via creaky ports and potholed roads is the logistical challenge Lippo Group faces when its department store opens in cyberspace this month. Read More »