Hactl provides staunch support to MIAT Mongolian Airlines

AJOT | June 02, 2011 | Air Cargo

Hong Kong Air Cargo Terminals Limited (Hactl) has announced that MIAT Mongolian Airlines has appointed Hactl as its cargo ground handler at Hong Kong International Airport to support its new service between Hong Kong and Ulaanbaatar. Read More »

Horizon Lines receives notice regarding NYSE Listing criteria

AJOT | June 02, 2011 | Liner Shipping

Horizon Lines, Inc. announced that the New York Stock Exchange (NYSE) has notified the company that it has fallen below the NYSE's continued listing standards related to minimum market capitalization in combination with stockholders' equity.

Horizon L Read More »

MOL extends period to transport aid supplies from overseas

AJOT | June 02, 2011 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced its decision to extend the period it will transport aid supplies from overseas until the end of August to assist victims of the Great East Japan Earthquake and reconstruction of the quake- and tsunami-stricken areas. Th Read More »

GSF rejects any attempt to impose bunker levy charges on shippers

AJOT | June 02, 2011 | Liner Shipping

The Global Shippers' Forum (GSF) has announced that it will oppose any steps by the global shipping industry to impose a bunker levy on shippers as the means of raising money to fund an environmental compensation scheme to meet their climate change respon Read More »

Horizon Lines reaches agreement with convertible note holders for complete refinancing

AJOT | June 02, 2011 | Liner Shipping

Horizon Lines, Inc. announced that it and holders of the majority of its 4.25% convertible senior notes have entered into agreements for a transaction that will refinance the company's entire capital structure.

The agreement with the note holders cont Read More »

K’bler Spedition transports the world biggest friction-winch for Impala plant in So. Africa

AJOT | May 30, 2011 | Breakbulk & Projects

Kubler Spedition of Germany, a member of the Cargo Equipment Expert CEE network for equipment owners, won the contract to transport the largest friction winch ever been constructed in Haiger, Germany. The winch can simultaneously work with 6 ropes, each 3 Read More »

A new force in global yachting: PSP, Pindar & GAC form logistics & transportation alliance

AJOT | May 30, 2011 | Breakbulk & Projects

There's a new player on the global yachting scene. PSP, Pindar and GAC have joined forces to provide a logistics and transportation service for sail racing teams and individuals across the world. Read More »

Multitrade Spain delivers first A380 airport bridges to Rome airport

AJOT | May 30, 2011 | Breakbulk & Projects

Multitrade Spain, a Barcelona member of the equipment owners network Cargo Equipment Expert CEE, has delivered the first A380 airport bridges to the Rome airport Fiumicino in a very time dense operation. Closely supervised by their own in house surveyors Read More »

Australian union calls off industrial action at ports

AJOT | May 30, 2011 | Ports & Terminals

The Maritime Union of Australia has recommended that industrial action at container ports in Sydney, Brisbane and Fremantle be called off, the union said in a statement, citing concerns in the farming community.

The union, fighting for arbitration to Read More »

Khalifa Industrial Zone Abu Dhabi (Kizad) offers South Korea unique investment opportunities

AJOT | May 30, 2011 | Ports & Terminals

Abu Dhabi Ports Company (ADPC) has launched the Khalifa Industrial Zone Abu Dhabi (Kizad), the industrial zone of tomorrow, at the Intercontinental Grand Seoul Parnas in South Korea as part of the Abu Dhabi Investment Forum organized by the Department of Read More »

Panama Canal expansion effect on shipping

AJOT | May 30, 2011 | Ports & Terminals

The Panama Canal Authority expects to complete the canal expansion project by the end of 2014.

This will widen and deep the canal to accommodate larger vessels taking cargoes to the Pacific.

The expanded canal will mainly be used for container tra Read More »

Expanded Panama Canal to bypass coal freight trade

AJOT | May 30, 2011 | Ports & Terminals

The new deeper, wider Panama Canal will make little difference to the flow of world coal trade from exporters in the Americas to big Asian clients.

Even when the work is finished in 2014 it is likely to still be as cheap to take ships around the Cape Read More »

Indonesia seizes haul of pangolin meat bound for Vietnam

AJOT | May 30, 2011 | Ports & Terminals

Tons of dead pangolins, an endangered scaly animal, were seized by Indonesian customs, foiling an effort by smugglers to ship the meat to Vietnam, officials said.

Indonesia's customs office found 309 crates each containing between six to 10 adult and Read More »

Bromma lowers emissions by 90%through use of cleaner steel

AJOT | May 30, 2011 | Ports & Terminals

The world leader in crane spreaders, Stockholm-based Bromma, continues to pursue its pro-active effort to establish best practices in both green production and green spreader design. Most recently Bromma has re-analyzed its materials and production proces Read More »

A new global voice for shippers

AJOT | May 30, 2011 | Intermodal

The Global Shippers Forum (GSF) representing shipper organizations from across the globe has talem action in Leipzig, Germany to reconstitute and restructure itself into a formal organization that will serve to represent freight shippers on key internatio Read More »

Railroads look to the highways to boost shipments

AJOT | May 30, 2011 | Intermodal

A recovering U.S. economy and rising fuel prices are giving the nation's railroads a chance to muscle in on what long has been trucker's turf -- the shipment of consumer products.

Big companies including Union Pacific Corp and CSX Corp are stepping up Read More »

Eva Airways to pay $13.2 mllion fine for price fixing

AJOT | May 30, 2011 | Air Cargo

Eva Airways Corp has agreed to plead guilty to being part of a broad conspiracy to fix the price of air cargo shipping and will pay a $13.2 million fine, the U.S. Justice Department said.

The company pleaded guilty to conspiring to fix the prices of i Read More »

Air Canada unions says pensions are a priority

AJOT | May 30, 2011 | Air Cargo

Three labor unions at Air Canada Inc said the preservation of pension funds ranks as one of the top priorities in their negotiations with the country's biggest airline.

In a joint statement, the Canadian Auto Workers union (CAW), the International Ass Read More »

Crowley recognized for environmental stewardship during 60th Annual Seattle Maritime Festival…

AJOT | May 30, 2011 | Liner Shipping

Crowley Maritime Corporation was recently recognized for its environmental stewardship by the Port of the Seattle and Seattle Propeller Club, which teamed up to present the company with its second-consecutive honorable mention award for Marine Environment Read More »

NOL carries 9% more cargo in 4 weeks

AJOT | May 30, 2011 | Liner Shipping

Neptune Orient Lines (NOL), the world's seventh-largest container shipping firm, said on Monday it carried 9 percent more cargo in the four weeks to May 6 from a year ago, helped by higher volumes on Intra-Asia and Asia-Europe routes. Read More »