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Drewry: all earnings shipping index slumps 25% in September

AJOT | October 16, 2014 | Breakbulk & Projects | Breakbulk | Liner Shipping

Drewry: all earnings shipping index slumps 25% in September

The Drewry All Earnings Index, which covers the main bulk shipping markets, fell 25% in September to stand at 115 points, according to the Shipping Insight report published by shipping consultancy Drewry. Read More »

The CMA CGM ELBE enters the CMA CGM fleet

AJOT | October 16, 2014 | Liner Shipping

The CMA CGM ELBE enters the CMA CGM fleet

CMA CGM Group is pleased to announce the maiden voyage of the CMA CGM ELBE on October, 14th, 2014 in Dalian (China). Read More »

Airbridgecargo Airlines takes delivery of its next brand new Boeing-747-8-F

AJOT | October 16, 2014 | Air Cargo

AirBridgeCargo Airlines (ABC), part of Volga-Dnepr Group and Russia’s largest cargo airline, recently celebrated the delivery of its next brand new 747-8 Freighter. Read More »

International Fest to Attract Thousands of Attendees to the Port of New Orleans for Second Year

AJOT | October 16, 2014 | Ports & Terminals | Ports

International Fest, a FREE all-ages music and food festival, returns for a second year to the scenic Port of New Orleans on Saturday, October 18 from 11 a.m. to 9 p.m. The festival will feature ten hours of live entertainment from local and international acts, food trucks providing international cuisine, and an eclectic Arts and Crafts marketplace. Read More »

Sohar port challenges Gulf rivals as Oman pushes beyond oil

Reuters | October 16, 2014 | Liner Shipping | Ports & Terminals | Ports

An advertisement by the highway outside Dubai’s massive Jebel Ali Port tells firms they don’t need to ship goods through the Strait of Hormuz, the traditional gateway to the Gulf. Instead they can have goods delivered to a port in Oman, outside the Gulf, and bring them into the region by road. Read More »

Maersk Supply Service orders six supply vessels from Norway

Reuters | October 16, 2014 | Energy | Maritime | Liner Shipping

Maersk Supply Service, a unit in Danish conglomerate A.P. Moller-Maersk, said on Thursday it has placed an order for six new large anchor-handling tug supply vessels from Kleven Maritime in Norway. Read More »

Hyundai Heavy shipbuilding units cut number of executives by 31 pct

Reuters | October 16, 2014 | Liner Shipping

South Korea’s Hyundai Heavy Industries Group said on Thursday that it cut the number of executives at its three shipbuilding units by 31 percent. Read More »

CJ Korea Express says considering acquisition of APL Logistics

Reuters | October 16, 2014 | Transport Intermediaries

CJ Korea Express Corp, South Korea’s largest logistics firm, said on Thursday it is considering a possible acquisition of Singapore’s APL Logistics, among various options. Read More »

Tri-State Tollway (I-294)/I-57 Interchange Project as its 2014 Infrastructure Project of the Year

PR Newswire | October 15, 2014 | Intermodal | Road

The International Right of Way Association (IRWA) announced that its 2014 Project of the Year was awarded to the Tri-State Tollway (I-294)/I-57 Interchange Project for bringing mobility to the Chicago Southland, while creating jobs and boosting economic development throughout Northern Illinois. IRWA's Project of the Year Competition showcases the role of right of way professionals in bringing leadership proficiency and innovative cost-saving measures to the infrastructure projects they oversee. Read More »

Eagle Bulk Shipping Inc. Completes Financial Restructuring

PR Newswire | October 15, 2014 | Transport Intermediaries

Eagle Bulk Shipping Inc. announced that it has successfully completed its court-approved financial restructuring, emerging with a strong balance sheet and significantly enhanced liquidity. Read More »

Premium Article  41st Annual South Carolina International Trade Conference

AJOT | October 15, 2014

41st Annual South Carolina International Trade Conference

The 41st Annual South Carolina International Trade Conference was held September 8-10, 2014 at Wild Dunes, Isle of Palms, South Carolina. Read More »

Premium Article  IANA Intermodal EXPO draws more than 1,700 leaders to Long Beach

Paul Scott Abbott | October 15, 2014 | Intermodal

IANA Intermodal EXPO draws more than 1,700 leaders to Long Beach

The Intermodal Association of North America’s 32nd annual IANA Intermodal EXPO brought more than 1,700 industry leaders together Sept. 21-23 at Southern California’s Long Beach Convention Center for hot-topic educational sessions, networking opportunities and a show floor filled with exhibit booths of railroads, seaports, equipment providers and others. Read More »

Major U.S. rail mergers could disrupt service according to CSX CEO

Reuters | October 15, 2014 | Intermodal | Rail

Further consolidation of major U.S. railroads could lead to service disruptions rather than improvements in U.S. rail freight congestion, the chief executive of CSX Corp said in a conference call with analysts on Wednesday. Read More »

United Sugars Corporation Recognizes Con-way Truckload as Top Performer in 2014

PR Newswire | October 15, 2014 | Intermodal | Road

Con-way Truckload, a full-truckload carrier and subsidiary of Con-way Inc. (NYSE: CNW), today announced it has won the Service in Excellence Award from United Sugars Corporation for 2014. It's the seventh consecutive year the company has earned this distinction from North America's leading marketer of industrial sugar. Read More »

Severe weather closes Sydney and Port Botany

AJOT | October 15, 2014 | Ports & Terminals

Inchcape Shipping Services (ISS) Australia is advising that Sydney and Port Botany have been closed to all shipping movements since 22:00hrs yesterday evening (14th October) until further notice, due to storm force winds and swell at the pilot boarding grounds. Read More »

Denmark lobbies for top post at the UN’s shipping organisation

Reuters | October 15, 2014 | Liner Shipping

Denmark and its maritime industry are lobbying to get the top position at the International Maritime Organization, a United Nations body that wields great influence over global shipping through its regulations, industry sources said. Read More »

Singapore to supply LNG to ships by 2020

Reuters | October 15, 2014 | Liner Shipping

Singapore, the world’s largest bunkering port, plans to supply liquefied natural gas (LNG) to fuel ships by 2020, a government official said on Wednesday, as part of a global trend to move away from oil to gas to reduce emissions. Read More »

US chicken exports to India more likely after WTO ruling

Reuters | October 14, 2014 | International Trade

India broke World Trade Organization rules by blocking imports of U.S. poultry and other farm products because of unsubstantiated bird flu fears, a WTO dispute panel ruled on Tuesday, potentially opening up an estimated $300 million a year export market for the United States. Read More »

Mexico sees US-Japan deal key to Pacific trade pact progress

Reuters | October 14, 2014 | International Trade

Pacific Rim countries negotiating a free trade deal will find it hard to make much progress while the United States and Japan remain at loggerheads over farm exports, Mexico's economy minister said. Read More »

Mexico sees win-win solution for US sugar dispute

Reuters | October 14, 2014 | International Trade

Mexican Economy Minister Ildefonso Guajardo said a win-win solution to a dispute with the United States over sugar is within reach and could avoid a damaging trade war. Read More »

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