EgyptAir adds destinations and capacity

AJOT | September 26, 2010 | Air Cargo

EgyptAir has increased its cargo capacity from the UK and Ireland with the addition of two more flights per week from London Heathrow to its Cairo hub. The airline's cargo subsidiary, Egyptair Cargo, now has access to 11 passenger flights per week from th Read More »

Africa needs to replace ageing fleet

AJOT | September 26, 2010 | Air Cargo

Planemaker Boeing forecast that Africa would need about 700 aircraft worth $80 billion over the next 20 years to deal with increased air traffic as the continent's economy picks up. The world's poorest continent is enjoying increased air travel and air ca Read More »

Aloha Air Cargo announces new personnel positions

AJOT | September 26, 2010 | Air Cargo

Aloha Air Cargo, Hawaii's largest air-freight carrier, announced today the hiring of a director of sales and business development and promotion of an existing employee. Read More »

World’s leading container liners join forces in fight against piracy

AJOT | September 26, 2010 | Liner Shipping

The world's three largest container shipping companies have decided to cooperate in the fight against piracy in the Gulf of Aden and the Indian Ocean. The cooperation between CMA CGM, MSC and Maersk Line includes information exchange on safety measures, p Read More »

Premium Article  There’s always time for Italian wine

Karen Thuermer | September 19, 2010 | International Trade

Arriving in Milan in 1970, it became apparent to Neil and Maria Empson that few, if any, of Italy’s wonderful wines they were discovering ever reached the merchants abroad.

Much of Italy’s finest wine did not even get beyond the border. The I Read More »

Premium Article  Nordana is including Manzanillo, Panama in its Mediterranean-Americas Service

AJOT | September 19, 2010 | Liner Shipping

Nordana is pleased to announce to the trade the resumption of regular direct calls to Manzanillo, Panama effective immediately. Read More »

Premium Article  Report points to widening future for Egypt as a global transshipment hub

Karen Thuermer | September 19, 2010 | International Trade | Ports & Terminals

A white paper recently presented by Singapore-based Neptune Orient Lines (NOL) and global growth consulting company Frost & Sullivan highlights how Egypt's geopolitical and cultural influence extends way beyond the Middle East.

By Karen E. Read More »

FreeSeas enters into shipbuilding contracts for two handysize drybulk vessels

AJOT | September 19, 2010 | Breakbulk & Projects

FreeSeas Inc. a transporter of dry bulk cargoes through the ownership and operation of a fleet of seven Handysize vessels and two Handymax vessels, announce that it has entered into shipbuilding contracts for the construction of two Handysize dry bulk ves Read More »

Global sea index to rise 10 pct on US grain export boom

AJOT | September 19, 2010 | Breakbulk & Projects

The main global sea freight index, an indicator of world economic activity, will rebound in the fourth quarter as strong U.S. grain exports offset concerns over Chinese iron ore demand, a Reuters poll showed.

With about 90 percent of the worl Read More »

Nippon Yusen, BHP sign 15 yr shipping contract

AJOT | September 19, 2010 | Breakbulk & Projects

Nippon Yusen and the world's No.1 miner BHP Billiton signed a 15-year iron shipment contract that will use the Baltic Dry Index to set shipping charges, the Nikkei business daily reported. Read More »

Dry bulk freight rates to stay depressed in 2011

AJOT | September 19, 2010 | Breakbulk & Projects

Economic uncertainty and rising fleet supply are expected to keep dry bulk shipping rates depressed next year with companies set to slash costs to preserve profitability, a senior industry official said.

While rates for dry bulk vessels have Read More »

Norilsk tests new Arctic sea route to Shanghai

AJOT | September 19, 2010 | Breakbulk & Projects

Russia's metals giant Norilsk Nickel has started testing a new sea route, which will allow it to ship its products to China three times faster, Norilsk said. Read More »

Fay elected Board Chairman

AJOT | September 19, 2010 | Ports & Terminals

Mumphrey, Cahill elected Vice Chair, Secretary-Treasurer
The Board of Commissioners of the Port of New Orleans elected John Fay, a partner in the law firm of Deutsch, Kerrigan & Stiles its chairman today. Fay succeeds Thomas D. Westfeldt, wh Read More »

The Massachusetts Port Authority recently welcomed the arrival of its two low-profile and four RTG c

AJOT | September 19, 2010 | Ports & Terminals

The Massachusetts Port Authority recently welcomed the arrival of its two low-profile and four RTG cranes acquired from the Port of Oakland. The cranes fulfill an essential component of Massport’s port modernization strategic plan for growth and greater e Read More »

Severe port congestion to cap Australia coal exports

AJOT | September 19, 2010 | Ports & Terminals

Severe congestion problems at the world's biggest coal shipping port, Newcastle in Australia, look set to constrain the country's coal exports for at least another two years.

BHP Billiton , Rio Tinto , and other mining companies have expanded Read More »

Pot-holes hamper booming Argentine soy industry hub

AJOT | September 19, 2010 | Ports & Terminals

Thousands of trucks loaded with soybeans clog up pot-holed highways and unpaved roads around the Argentine city of Rosario -- home to one of the world's biggest, most efficient soy-crushing industries.

Farmers and grains exporters in the Sout Read More »

Port of Savannah: preparing for tomorrow’s demands today

AJOT | September 19, 2010 | Ports & Terminals

Georgia Ports Authority (GPA) Executive Director Curtis J. Foltz delivered his first State of the Port Address to a record crowd of nearly 1,100 in Savannah. He outlined actions required to achieve continued growth and prepare the Port of Savannah for fut Read More »

Ports America announces new Vice President, Key Account Management

AJOT | September 19, 2010 | Ports & Terminals

Ports America recently announced the appointment of Curtis F. Flynn to the position of Vice President, Key Account Management. Read More »

Waterborne shipping generates $14 billion per year for Indiana lakeshore economy

AJOT | September 19, 2010 | Ports & Terminals

A new study released today by the Ports of Indiana reports that waterborne shipping along Indiana’s Lake Michigan shoreline contributes $14 billion per year in economic activity to the state economy and more than 104,000 jobs. The study was conducted by M Read More »

Gulftainer spreads its wings with $500 million joint venture

AJOT | September 19, 2010 | Ports & Terminals

United Arab Emirates based Ports and Logistics group Gulftainer, a subsidiary of the Crescent Group of companies and the largest private port and logistics operator of the Middle East, has signed a major joint venture agreement with Prominvest, the financ Read More »