Rate increase for service between US and Australia/ NZ

AJOT | March 01, 2011 | Liner Shipping

Carriers providing service from the United States to Australia and New Zealand wish to advise their customers that they have adopted a guideline calling for a General Rate Increase of $100.00 US per 20ft container and $200.00 US per 40ft container to appl Read More »

CMA CGM strengthens its services from Asia to the West Coast of the US

AJOT | March 01, 2011 | Liner Shipping

CMA CGM Group announced the upgrading of its services between Asia and California, to meet the growing demand on the transpacific trade expected in 2011 and in the years to come.

As of May 2011, the consolidation of its partnerships will enable CMA CG Read More »

Chiquita expands investment in Carrier’s PrimeLINE’ refrigeration unit

AJOT | March 01, 2011 | Liner Shipping

Chiquita Brands increased its investment in Carrier Transicold PrimeLINE' container refrigeration units nearly fivefold in 2010, based on the solid performance track record and energy-savings of the PrimeLINE units, demonstrated through research. Carrier Read More »

SCHEUERLE delivers 2 industrial lift transporters to CSBC in Taiwan

AJOT | February 27, 2011 | Breakbulk & Projects

For the Taiwanese ship builder, CSBC China Shipbuilding Corporation, the well-known vehicle manufacturer and Supporting Industry Manufacturer to the Cargo Equipment Expert CEE network, SCHEUERLE, has built and delivered 2 additional industry transporters Read More »

Hutchison ports unit set for $5.8 blllion IPO

AJOT | February 27, 2011 | Ports & Terminals

Hong Kong tycoon Li Ka-shing's ports unit is looking to raise as much as $5.8 billion in its Singapore IPO, seeking to cash in on a recovery in global trade and provide investors with access to China's booming infrastructure business.

The listing, Sou Read More »

Charleston delivers new port terminal for vehicles and other non-container cargo

AJOT | February 27, 2011 | Ports & Terminals

Thanks to a six-month, $22-million improvement project, the Port of Charleston has expanded to handle BMW’s growing export business, along with other rolling stock, large machinery, power-generating equipment and additional non-container cargoes. Read More »

Growth in order book for TTS

AJOT | February 27, 2011 | Ports & Terminals

In 2010, the TTS Group ASA reported earnings before depreciation (EBITDA) of NOK 3.7 million, compared to a loss of NOK 84.3 million in the previous year. EBITDA in the fourth quarter showed a loss of NOK 13.7 million. – With regard to results, 2010 was w Read More »

Port of Houston reports strong performance across all sectors

AJOT | February 27, 2011 | Ports & Terminals

January continued the relatively strong performance of December across all sectors of Port Authority business, CEO Alec G. Dreyer reported at the February 22 Port Commission of the Port of Houston Authority meeting.

Ship arrivals at the container faci Read More »

DSPC welcomes the arrival of Seatrade’s newest vessel, m/v Atlantic Klipper

AJOT | February 27, 2011 | Ports & Terminals

The Diamond State Port Corporation (DSPC), owner and operator of the Port of Wilmington, Delaware, Pacific Delaware, Inc., Murphy Marine Services, Inc., and Seatrade Reefer Chartering (Seatrade) welcomed the arrival of Seatrade’s newest vessel, m/v Atlant Read More »

India to bolster fresh food distribution network

AJOT | February 27, 2011 | Intermodal

India, keen to restrain rising food inflation, took steps in its national budget to spruce up fresh food distribution systems by building cold storage facilities and making more loans available to farmers.

Finance Minister Pranab Mukherjee, who is str Read More »

CP Railway, union ratify deal

AJOT | February 27, 2011 | Intermodal

Canadian Pacific Railway Ltd and the Canadian Auto Workers (CAW) union ratified a new deal they had reached earlier this month.

Unionized workers at CP, Canada's No. 2 carrier, voted earlier this month to give their union a strike mandate in case talk Read More »

India railways estimate 993 mlllion tons freight in 2011/12

AJOT | February 27, 2011 | Intermodal

Indian Railways Minister Mamata Banerjee estimated a freight traffic of 993 million tons in the coming financial year, in her third annual budget for state-run Indian Railways to parliament. (Reuters) Read More »

China railways minister dismissed

AJOT | February 27, 2011 | Intermodal

China's railways minister, a key figure behind the investment boom in the sector, has been dismissed after he was under investigation for "serious disciplinary violations", the official Xinhua news agency reported.

"The Standing Committee of the Natio Read More »

Iran cargo ship, seized in Hong Kong, released

AJOT | February 27, 2011 | International Trade

Iran has secured the release of a container ship seized by authorities in Hong Kong more than three months ago due to sanctions-related problems, the semi-official Fars news agency reported.

Five vessels operated by the Islamic Republic of Iran Shippi Read More »

China denies study on EU telecom subsidies

AJOT | February 27, 2011 | International Trade

China's commerce ministry denied conducting a study on European Union subsidies for telecom firms but said any such trade protectionism is unacceptable.

A faxed statement from the Ministry of Commerce added that it would pay close attention to informa Read More »

Huawei calls on US government to investigate it

AJOT | February 27, 2011 | International Trade

China's Huawei Technologies Co has challenged the United States to launch a formal investigation into its business, in an attempt by one of the world's largest telecommunications equipment makers to clear its name from allegations that have blocked U.S. d Read More »

EU states vote to tax ceramic tiles from China

AJOT | February 27, 2011 | International Trade

European governments approved plans to impose import taxes on Chinese bathroom, kitchen and paving tiles, EU diplomats said, in a bid to quell a price war in a 4 billion euro market.

A majority of envoys from EU countries backed import duties of up to Read More »

EU trade chief: industry must expose China state aid

AJOT | February 27, 2011 | International Trade

The European Union will take further action against Chinese state subsidies that hurt European interests, but regulators need European whistleblowers to help them succeed, the EU's trade chief said.

"We have come to the conclusion in the European Comm Read More »

South Africa suspends beef exports due to foot and mouth

AJOT | February 27, 2011 | International Trade

Suspected outbreak of foot and mouth disease in the eastern part of the country, Agriculture Minister Tina Joemat-Pettersson said.

"We have suspended all exports of cloven hoofed animals (such as) cattle, goats, sheep and their products with immediate Read More »

Russia to cut timber duty when joins WTO

AJOT | February 27, 2011 | International Trade

Russia will cut tariffs on timber sales to the European Union by two thirds as soon as it joins the World Trade Organization, which could be by the end of the year, Europe's trade chief said.

The 153 members of the global trade body were likely to acc Read More »