Colombia envoy sees US approval of trade deal soon

AJOT | June 13, 2011 | International Trade

Colombia's ambassador to Washington said he is confident the U.S. Congress will approve a long-delayed trade deal by the end of summer and Bogota would meet a June 15 U.S. deadline for additional labor reforms.

"We are working hand in hand to get to t Read More »

ABC transports ‘Vostok’ space capsule

AJOT | June 13, 2011 | Air Cargo

The former USSR space capsule 'Vostok 3KA-2' has been safely returned to a museum in Russia onboard an AirBridgeCargo Airlines' B747-400 freighter.

Weighing 5,600 kilos, the capsule was transported from ABC's European on-line station in Frankfurt on o Read More »

Virgin Atlantic Cargo awarded freight outsourcing contract by Brisbane-based Strategic Airlines

AJOT | June 13, 2011 | Air Cargo

Virgin Atlantic Cargo continue to expand their cargo alliance concept with the addition of Brisbane-based Strategic Airlines as a new partner, complimenting their existing partnership with V Australia.

The new agreement supports Virgin Atlantic Cargo' Read More »

BUD Cargo City turns heads in Munich

AJOT | June 13, 2011 | Air Cargo

Budapest Airport's ambitious new Cargo City development received a warm welcome at the Transport Logistic exhibition in Munich last month, Europe's largest gathering of transport and logistics companies. A large number of visitors attended the Bud Cargo C Read More »

Qatar Airways on verge of buying 35% of Cargolux

AJOT | June 13, 2011 | Air Cargo

Qatar Airways is on the verge of buying a 35 percent stake in Cargolux, providing a long-term investor for Europe's largest all-freight airline.

A Cargolux spokeswoman said that a deal would be signed, with Qatar Airways acquiring holdings that the Lu Read More »

Emirates to serve St. Petersburg

AJOT | June 13, 2011 | Air Cargo

Emirates is to launch flights deeper into Russia by starting services to St Petersburg, which will become the most northerly point on the airline's network.

The port city, lying on the Baltic coast and sometimes referred to as Russia's 'Northern Capit Read More »

Air France-KLM May traffic rises 4.9%

AJOT | June 13, 2011 | Air Cargo

Air France-KLM, Europe's largest airline by revenue, posted a 4.9 percent rise in May passenger traffic.

The rise in traffic fell short of a capacity increase of 5.9 percent, depressing the passenger load factor, the proportion of seats sold, by 0.7 p Read More »

DHL enhances service between US, Middle East and Asia

AJOT | June 13, 2011 | Air Cargo

DHL Express, the world's leading cross-border express services provider, is expanding its global capabilities through new, next-day intercontinental flights between the U.S. and the Middle East and Asia-Pacific to the U.S. to meet increased demand Read More »

Two new contracts for WFS in Miami

AJOT | June 13, 2011 | Air Cargo

TAP Portugal and US Airways have awarded new cargo handling contracts to Worldwide Flight Services (WFS) in Miami.

The new contracts began in early June 2011. For TAP, WFS will provide cargo warehousing and customer service for the airline's five Airb Read More »

BA to pay $89.5 mlllion to settle air cargo suit

AJOT | June 13, 2011 | Air Cargo

British Airways Plc said it will pay $89.5 million to settle a class-action lawsuit accusing it and more than two dozen other airlines of conspiring to fix the price of air-cargo freight shipping.

Plaintiffs in the same litigation have also reached a Read More »

MOL earns environmental ratings from DBJ

AJOT | June 13, 2011 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced the company's acquisition of the 'DBJ Environmental Ratings' from the Development Bank of Japan Inc. (DBJ), and received a loan based on the rating.

MOL's acquisition of the DBJ Environmental Ratings is the first in Read More »

Yangzijiang wins $700 mlllion shipbuilding contracts

AJOT | June 13, 2011 | Liner Shipping

Singapore-listed Chinese shipbuilder Yangzijiang said it had won contracts worth $700 million to build seven container ships for Seaspan Corporation with options for another 18, which could lift the total value to around $2.5 billion.

The seven vessel Read More »

Safmarine launches new iPhone application

AJOT | June 13, 2011 | Liner Shipping

Shipping line Safmarine has added another e-product to its range of e-Business accessories with the launch of the Safmarine application for iPhone, iPad and iPod Touch devices. Read More »

NOL says shipping line president has resigned

AJOT | June 13, 2011 | Liner Shipping

Singapore's Neptune Orient Lines (NOL) said the president of its APL shipping business has resigned and will be replaced by the current president of North Asia region.

Eng Aik Meng will leave the company on Sep 1 to take a new position outside the tra Read More »

India Shipping Corp to buy 29 vessels for $781 mllion

AJOT | June 06, 2011 | Breakbulk & Projects

State-run Shipping Corp of India has ordered 29 vessels including bulk carriers and tankers for 35 billion rupees ($781 million), which would boost its fleet by 37 percent, a company executive said.

The company aims to take delivery of 17 vessels -- i Read More »

Bangkok Port’s wharf closure snarls cargo clearance

AJOT | June 06, 2011 | Ports & Terminals

Cargo clearance at Bangkok Klong Toei Port has slowed because of the temporary closure of some wharves, which will last until late this year, forcing ship operators to slap congestion surcharges on cargo firms, shippers and officials said.

The partial Read More »

Holt Logistics announces pay off of $5.6 million in federal loans

AJOT | June 06, 2011 | Ports & Terminals

Holt Logistics Corp. announced the payoff of $5.6 million in federal loans dating to 1984 that were used to help build the Gloucester Marine Terminal.

In addition, Holt Logistics Corp announced a $15,000 donation to Gloucester City to again sponsor th Read More »

Bromma wins new contracts for China, Brazil, the UK and Italy

AJOT | June 06, 2011 | Ports & Terminals

The world leader in crane spreaders, Stockholm-based Bromma, has won a new order for a total of sixteen crane spreaders for delivery to the Port of Huanghuagang at Hebei in Northeast China. The contract includes an order for six STS45 separating twin-lift Read More »

Port of Quincy approved for inclusion in Foreign Trade Zone 203

AJOT | June 06, 2011 | Ports & Terminals

The U.S.Foreign-Trade Zones Board recently issued Order No. 1764, which approves the reorganization and expansion of the Service Area of Foreign Trade Zone 203 under the "Alternative Site Framework" plan to now include the Port of Quincy and the greater Q Read More »

New Bromma Roadmap™ application helps terminals focus on the future

AJOT | June 06, 2011 | Ports & Terminals

The world leader in crane spreaders, Stockholm-based Bromma, is introducing a new suite of terminal productivity tools designed to keep spreader operations in a “green zone” of higher performance.

Bromma Roadmap™ is the first Green Zone™ application Read More »