China backs e-commerce expansion in win for Alibaba, JD.com

Reuters | March 04, 2015 | International Trade

China will back e-commerce development and guide international expansion by Chinese internet companies, Premier Li Keqiang said on Thursday, in an endorsement for firms such as Alibaba Group Holding Ltd and JD.com Inc. Read More »

Vancouver container fire shuts down port, some rail service

Reuters | March 04, 2015 | Ports & Terminals | Ports | Container Port

A large portion of Canada’s biggest port was shut down on Wednesday after a chemical fire broke out amid numerous shipping containers piled up in a yard east of Vancouver’s downtown core. Read More »

CSX softens outlook for crude by rail shipments amid price slump

Reuters | March 04, 2015 | Intermodal | Rail

CSX Corp has softened its growth projections for crude rail shipments as a sustained price slump has weakened demand, a company executive said Wednesday. Read More »

U.S. Senate fails to override Obama’s veto of Keystone XL approval

Reuters | March 04, 2015 | Breakbulk & Projects | Projects | Energy | Pipeline

The U.S. Senate failed on Wednesday to override President Barack Obama’s veto of legislation approving the Keystone XL oil pipeline, leaving the controversial project to await an administration decision on whether to permit or deny it. Read More »

Port Hedland iron ore exports to China up in February

Reuters | March 04, 2015 | Breakbulk & Projects | Breakbulk | Liner Shipping

Exports of iron ore to China through Australia’s Port Hedland terminal rose 0.3 percent in February from January, official figures show, though the month had fewer shipping days. Read More »

Conrad Orange Shipyard Receives Order for First Dedicated LNG Bunker Barge for Marine Market

PR Newswire | March 04, 2015 | Energy | Maritime | Liner Shipping

Conrad Industries, Inc. announced today that its subsidiary Conrad Orange Shipyard, Inc. has entered into a contract to construct the first LNG bunker barge to be built for the marine market in North America. The contract signing was hosted at the residence of the French Consulate General Sujiro Seam in Houston, TX. Read More »

CBP Officials cleared to speak at CONECT T&T 2015

AJOT | March 04, 2015 | International Trade

Despite fears of another government shutdown, CBP officials will attend and speak at CONECT's T&T Conference later this month. Read More »

Sri Lanka threatens Chinese firm with legal action to stop project

Reuters | March 04, 2015 | Breakbulk & Projects | Projects | Liner Shipping

Sri Lanka will take legal action against a Chinese firm for not halting work on a $1.5 billion luxury real estate project until a probe is completed, a government minister said on Wednesday. Read More »

Access to Brazil’s Itajai port to open as truck protest ends

Reuters | March 04, 2015 | Liner Shipping | Ports & Terminals | Ports | Dry Bulk Port

Protesters have agreed to open access to Brazil’s main poultry exporting port of Itajai in Santa Catarina state, the port said on Wednesday, ending a lingering flashpoint after a two-week truck drivers’ protest. Read More »

BG Group sees its Australian project helping to double LNG supplies

Reuters | March 04, 2015 | Breakbulk & Projects | Projects | Energy | Maritime

A smooth start to operations at BG Group’s Australian project in Queensland is expected to help the British company to roughly double its liquefied natural gas (LNG) supplies in 2015/16, it said on Wednesday. Read More »

Fraport Cargo Services GmbH adds “Track & Trace System” to it’s range of electronic services

AJOT | March 04, 2015 | Transport Intermediaries

Customers and forwarding agents of FCS, a wholly-owned subsidiary of Fraport AG, can now use a modern track & trace system to check the consignment status of their dispatched import freight. Read More »

IMF’s Lagarde: Success of Greek reforms rest on implementation

Reuters | March 04, 2015 | International Trade

The success of Greece’s reform plan depends on the framework that is put in place and how the overhaul is implemented, International Monetary Fund chief Christine Lagarde said on Wednesday. Read More »

CaroTrans Adds Asia to U.S. Southeast LCL Import Service to Global Network

AJOT | March 04, 2015 | Transport Intermediaries

Shanghai to Atlanta direct, all-water routing bypasses U.S. West Coast congestion Read More »

MSC Oscar Arrival of the world’s largest container ship in Rotterdam

AJOT | March 04, 2015 | Liner Shipping

On Tuesday afternoon, 3 March, the MSC Oscar will arrive at the APM1 terminal in Rotterdam. With a capacity of 19,224 TEU (20-foot containers), the 396 meters long and 59 meters wide ship is the largest container ship in the world. Read More »

International Truck Introduces More Powerful Electronics and Enhanced Diamond Logic Features

AJOT | March 04, 2015 | Intermodal | Road

The new body control module, designed in line with Society of Automotive Engineer (SAE) 500k baud standards, will expand customer and truck equipment manufacturer electronics capabilities, driving more uptime. Read More »

The Danish Prime Minister unloaded the first load of sand for the port expansion

AJOT | March 04, 2015 | Ports & Terminals | Ports | Container Port

On February 26, 2015, The Danish Prime Minister Helle Thorning-Smith visited the Port of Hirtshals which marked the beginning of the construction that will expand the port with 250,000 m². The Port of Hirtshals is investing in the land expansion to increase the possibilities for the businesses in the area. This will make it possible for the companies to continue growing in the future. Read More »

Should carriers speed up again?

AJOT | March 04, 2015 | Liner Shipping

Over the last seven months oil prices have fallen more than most people had thought possible a year ago. As bunker prices are closely correlated with oil prices, a similarly large drop has been seen here. Read More »

Capes Shipping Agencies announces new General Manager at Baltimore/Wilmington office

AJOT | March 04, 2015 | Transport Intermediaries

Henrik brings over seventeen years of diverse maritime experience to Capes, including vessel operations, technical, agency management, chartering and port captaincy. Henrik will be responsible for the management and development of their Baltimore, MD and Wilmington, DE offices. Read More »

CN announces plan to buy back shares through a private agreement

AJOT | March 04, 2015 | Intermodal | Rail

CN announced today that it intends to purchase for cancellation up to 1.2 million of its common shares pursuant to a private agreement between CN and an arm's-length third-party seller. Read More »