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Dry bulk freight rates to stay under pressure

AJOT | June 30, 2010 | Breakbulk & Projects

Dry bulk fleet growth will keep freight rates under pressure into 2011 although there will be seasonal spikes, senior officials with leading ship broker Clarksons said. Dry bulk freight rates have weakened in recent weeks due to softer demand by China for Read More »

FreeSeas announces charter agreements on seven of its handysize vessels

AJOT | June 30, 2010 | Breakbulk & Projects

FreeSeas Inc., a transporter of dry bulk cargoes through the ownership and operation of a fleet of eight Handysize vessels and two Handymax vessels, announced new charters for seven of its vessels.

Ion Varouxakis, Chief Executive Officer of F Read More »

Almajdouie triumph contract for Sabiya Power Plant project

AJOT | June 30, 2010 | Breakbulk & Projects

The Almajdouie Al Kazmi Heavylift Company has secured the onshore freight forwarding contract for a Kuwait-based Sabiya power plant project.

The company, which is a joint venture between Almajdouie Group (Dammam, Saudi Arabia) and Al Kazmi (K Read More »

GPA posts 25% container growth for May

AJOT | June 30, 2010 | Ports & Terminals

Georgia Ports Authority’s (GPA) Executive Director Curtis J. Foltz announced today that the GPA experienced 25.3-percent container growth in May and has recorded six consecutive months of double-digit growth. Read More »

DP World Antwerp commissioned its first Liebherr Portal Slewing Crane, type LPS 500

AJOT | June 30, 2010 | Ports & Terminals

In March 2010 DP World Antwerp officially commissioned its first Liebherr Mobile Harbour Crane on a portal (LPS 500) for service.

The Liebherr Portal Slewing Crane (LPS) is an efficient combination of a space-saving portal (mounted on rails) Read More »

Port Commission approves nearly $2 million for maintenanced dredging

AJOT | June 30, 2010 | Ports & Terminals

The Port Commission of the Port of Houston Authority approved nearly $2 million for maintenance dredging of the Authority's berths at its terminals along the Houston Ship Channel and a $68,000 Texas Transportation Institute study to evaluate the economic Read More »

$716 million Port budget gets OK

AJOT | June 30, 2010 | Ports & Terminals

The Board of Harbor Commissioners approved a $716 million budget for the Port of Long Beach that continues to invest aggressively on environmental and capital improvement projects while keeping operating costs in check. Read More »

Bromma wins new ship-to-shore twin-lift order from Hyundai

AJOT | June 30, 2010 | Ports & Terminals

The world’s leading crane spreader company, Stockholm (Sweden) based Bromma, has been awarded a major new STS twin-lift spreader contract for delivery to Hyundai Development Company, Korea. The new Hyundai contract is for 10 Bromma STS45 separating twin-l Read More »

Poitevint elected GPA Chairman of the Board

AJOT | June 30, 2010 | Ports & Terminals

The Board of Directors of the Georgia Ports Authority (GPA) elected Alec L. Poitevint, II, of Bainbridge to serve as Chairman of the Board. Poitevint was first appointed to the Board of Directors in July 2007 by Governor Sonny Perdue and previously served Read More »

The world’s freight transportation systems are one of the best early indicators as to how our . . .

AJOT | June 30, 2010 | Ports & Terminals

The world’s freight transportation systems are one of the best early indicators as to how our respective economies are going to perform. If our shipping lines, railways and trucking companies are busy it’s an indication that consumer demand is brisk and t Read More »

Bromma wins new Greenline™ order for Vietnam

AJOT | June 30, 2010 | Ports & Terminals

The world’s leading crane spreader company, Stockholm (Sweden) based Bromma, has been awarded a major new all-electric GREENLINE™ spreader contract for delivery to Vietnam. The order for customer Tan Cang (Saigon Newport) International Container Terminal Read More »

Port Everglades welcomes new CSAV Asia-Caribbean service

AJOT | June 30, 2010 | Ports & Terminals

Chilean carrier CSAV has begun its new weekly Far East service, America Express (AMEX), to Broward County's Port Everglades. 

"For CSAV to initiate a trade route from Asia at this time is significant because it signals a positive move to stim Read More »

Bromma introduces new 2ND generation Greenline™ Yard spreaders

AJOT | June 30, 2010 | Ports & Terminals

The world’s leading crane spreader company, Stockholm (Sweden) based Bromma, is introducing new 2nd generation GREENLINE™ yard spreaders. First introduced in 2001, Bromma all-electric spreaders have become a new industry standard on the yard, with more th Read More »

Bromma boosts operator safety with new load sensing technology

AJOT | June 30, 2010 | Ports & Terminals

Bromma, the world’s leading crane spreader company, has expanded its spreader safety products portfolio with a new load sensing system for the spreader twistlocks. Mis-declaration of container weights is a significant risk issue in the container handling Read More »

PD Ports announces expansion of container terminal capacity at Teesport

AJOT | June 30, 2010 | Ports & Terminals

PD Ports has announced that it will channel significant investment into the first phase of expansion plans at Teesport, which will potentially involve some £29M of total investment. Frans Calje, PD Ports’ MD Unitised, said “I am delighted to announce that Read More »

Averitt expands flatbed services, adds jobs

AJOT | June 30, 2010 | Intermodal

Averitt Express is expanding its flatbed operation that it launched earlier this year.

For several months Averitt has been offering flatbed services in key markets, such as Birmingham, Ala.; Atlanta, Ga.; Cincinnati, Ohio; Louisville, Ky.; an Read More »

Rio wins fight over iron ore rail, BHP may appeal

AJOT | June 30, 2010 | Intermodal

Miner Rio Tinto won a long struggle to restrict rivals from using its main railway to haul lucrative Australian iron ore, but BHP Billiton may appeal after it was ordered to open up its own line. Read More »

CP sees all of flood-hit rail track opened

AJOT | June 30, 2010 | Intermodal

Canadian Pacific Railway Ltd reopens the last section of its transcontinental line in southeastern Alberta, which was shut down by flooding 2 weeks ago, a company spokesman said. Read More »

Southeastern Freight Lines is recognized by Hastings

AJOT | June 30, 2010 | Intermodal

Southeastern Freight Lines, a leading provider of less-than-truckload (LTL) transportation services, was recently honored by Hastings Entertainment Inc. as their Distribution Center Vendor Partner of the Year. Read More »

ITI’s Carmichael says North American intermodal transportation network required for 21st century

AJOT | June 30, 2010 | Intermodal

In an address to more than 200 members of the Railway Industrial Clearance Association, Gil Carmichael, Founding Chairman of the Board of Directors of the Intermodal Transportation Institute at the University of Denver and a former Federal Railroad Admini Read More »

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