Channel Tunnel shut as ferry workers block French port of Calais

Reuters | June 30, 2015 | Ports & Terminals

Protesting ferry workers forced the closure of the Channel Tunnel linking France and England on Tuesday, blocking its entrance and setting fire to tyres thrown onto railway tracks. Read More »

Maersk says no issue funding Greek operations, paid staff early

Reuters | June 30, 2015 | Liner Shipping

Oil and shipping conglomerate A.P. Moller-Maersk said on Tuesday it was experiencing no problems funding operations in Greece or getting paid by Greek customers despite the imposition of capital controls by Athens. Read More »

U.S. activists to protest against Shell Arctic oil rig

Reuters | June 30, 2015 | Energy

U.S. environmental activists said they planned to protest on Tuesday against the launch of the second of two oil rigs central to Shell’s plans to drill for oil in the Arctic. Read More »

Statoil awards $890 mln North Sea contract to Samsung Heavy

Reuters | June 30, 2015 | Energy | Maritime

STATOIL-SAMSUNG HEAVY/NORTH SEA (UPDATE 1):UPDATE 1-Statoil awards $890 mln North Sea contract to Samsung Read More »

Air Cargo Industry Witnesses One of the Largest Systems Switch-over

PR Newswire | June 30, 2015 | Air Cargo

Lufthansa Cargo Takes a Big Leap Forward in its IT Legacy Migration Project Read More »

Brazil’s Petrobras slashes spending to cut debt, restore confidence

Reuters | June 29, 2015 | Energy

Brazil’s state-run oil company Petrobras slashed its long-term spending plan to the lowest level in eight years on Monday as new management moved to reduce the industry’s largest debt burden and restore confidence after a devastating corruption scandal. Read More »

Davie welcomes new Quebec Maritime Strategy

PR Newswire | June 29, 2015 | Liner Shipping

As a leader in the North American maritime industry, Davie applauds the Government of Quebec for its commitment to the sector in its first-ever maritime strategy; which will lead to more jobs and economic prosperity. Read More »

‘Nein Danke’ - smaller German firms see US trade deal as threat

AJOT | June 29, 2015 | International Trade

Martina Roemmelt-Fella, who owns a small, family-run turbine manufacturer in Bavaria, should be a cheerleader for a trade deal between Europe and the United States that promises to ease the flow of goods and services across the Atlantic. Read More »

China-backed multilateral bank to take concrete shape this week

AJOT | June 29, 2015 | International Trade

One of China's biggest ever foreign policy successes will take concrete shape when delegates from 57 countries sign an agreement on the Asian Infrastructure Investment Bank (AIIB) in Beijing. Read More »

China to hold some veto powers in new Asian bank

AJOT | June 29, 2015 | International Trade

China will hold over a quarter of the votes in the new Asian Infrastructure Investment Bank (AIIB), its finance ministry said, giving it a veto in some key decisions despite Beijing insisting it will not have such powers. Read More »

Indonesia to be eighth-largest AIIB shareholder with $672 million stake

AJOT | June 29, 2015 | International Trade

Indonesia will sign up as a founding member of the China-backed Asian Infrastructure Investment Bank (AIIB) with an investment of $672.1 million paid over five years, the Finance Ministry said in a statement. Read More »

Express Global Logistics manages power project movement from Asia to US

AJOT | June 29, 2015 | Breakbulk & Projects | Projects

Express Global Logistics Pvt Ltd, India (EXG), member to the Worldwide Project Consortium (WWPC) recently executed 18.450 freight tons of project cargo for a power project in US. Read More »

Bangladesh to get $505 million in loan from ADB for railway improvements

AJOT | June 29, 2015 | Intermodal | Rail

The Asian Development Bank (ADB) and the government of Bangladesh on Sunday signed agreements for $505 million in loans to further improve the country's railways that will help the national economy and boost subregional trade. Read More »

China’s CRRC says no plans to buy Bombardier’s rail assets

AJOT | June 29, 2015 | Intermodal | Rail

Chinese train maker CRRC Corp Ltd said it had no intention to buy the rail business of Canada's Bombardier Inc, responding to recent local media reports that said it planned to do so. Read More »

Carlyle bets on China ecommerce boom with $120 million Shanghai ANE stake

AJOT | June 29, 2015 | Intermodal | Road

Private equity firm Carlyle Group LP said it has agreed to pay $120 million for an undisclosed stake in Chinese logistics firm Shanghai ANE Logistics Limited (ANE) as it seeks to benefit from China's booming e-commerce business. Read More »

CEVA signs logistics deal to support TANAP Azerbaijan –Europe Natural gas pipeline

AJOT | June 29, 2015 | Transport Intermediaries

CEVA Logistics, one of the world’s leading supply chain management companies, has announced it has signed a deal with TANAP (Trans Anatolian Natural Gas Project) to manage the logistics operations for the movement of giant pipes. Read More »

New warehouse/3PL EDI integration for SAP business one

AJOT | June 29, 2015 | Transport Intermediaries

HighJump, a global provider of supply chain management software, announced that its TrueCommerce EDI Solutions group now offers integrated warehouse/3PL support with its EDI solution for users of SAP Business One small business management software.  Read More »

China’s Silk Road fund eyes listings among exit strategies

AJOT | June 29, 2015 | Intermodal | Road

China's $40 billion 'Silk Road' infrastructure fund will explore market listings and government transfers as potential strategies for divesting from successful projects, the fund's chief executive said. Read More »

Goods Movement Coalition applauds representative Lipinski’s freight research legislation

AJOT | June 29, 2015 | Intermodal | Road

Addressing the need for increased national freight research, Rep. Dan Lipinski (D-IL) last week introduced legislation aimed at improving freight mobility through transportation research and strategic planning. Read More »

Texas triangle shipping to benefit from GAIN® Clean Fuel and Fast Flow CNG partnership

AJOT | June 29, 2015 | Intermodal | Road

GAIN® Clean Fuel, a brand of U.S. Gain, is partnering with FastFlow CNG, a division of Independence Fuel Systems (IFS) to locate three GAIN Clean Fuel compressed natural gas stations (CNG) in Texas. Read More »