Time running out on Greek debt talks, says top EU official

AJOT | April 13, 2015 | International Trade

Greece is not moving fast enough to draw up and implement structural reforms and there is limited time to prevent it running out of cash, European Commission Vice President Valdis Dombrovskis said on Monday. Read More »

Kranunion, Paceco Corp and Römer Fördertechnik confirmed as latest members of PEMA

AJOT | April 13, 2015 | Ports & Terminals | Terminals | Terminal Technology

The Port Equipment Manufacturers Association (PEMA), the global industry body for port equipment and technology, has announced three new member companies: Paceco Corp, Kranunion GmbH & Co and Römer Fördertechnik GmbH. Read More »

Baltic sea freight index down on muted shipping activity

Reuters | April 13, 2015 | Liner Shipping

The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk commodities, edged lower on Monday on muted shipping activity. Read More »

The CMA CGM Group upgrades its services in a strategic geographic area

AJOT | April 13, 2015 | Liner Shipping

The CMA CGM Group, one of the world’s leading container shipping companies, is pleased to announce its Gulfbridge service upgrade, and its Hispaniola feeder service optimization. Read More »

March volumes up 16% for Port of Virginia; Sets new monthly volume record

AJOT | April 13, 2015 | Ports & Terminals | Ports | Container Port

Cargo volumes rebounded March resulting in an all-time record for the number of twenty-foot equivalent units (TEUs) handled in a month at The Port of Virginia. Read More »

MOL Liner Ltd. and MOL Asia Ltd. announces senior management personnel changes

AJOT | April 13, 2015 | People | Appointments | Liner Shipping

MOL Liner and MOL Asia is pleased to announce that the companies had moved forward with changes in its senior management. Read More »

Gibson Energy to build 900,000 barrels of crude storage in Alberta

Reuters | April 13, 2015 | Breakbulk & Projects | Projects | Energy

Canadian oil storage and transport company Gibson Energy Inc said on Monday it is building 900,000 barrels of crude oil storage at its terminal in Hardisty, Alberta, after receiving sufficient support from shippers. Read More »

Access to Brazil’s Santos port back to normal after fire

Reuters | April 13, 2015 | Ports & Terminals | Ports

Access to Brazil’s largest port, Santos, was fully restored for cargo and passenger vehicles on Monday after one entrance had been partially blocked for a week due to a fire at a nearby fuel-tank facility, highway operator Ecovias said. Read More »

Colonial allocates Cycle 22 shipments on distillate Line 20

Reuters | April 13, 2015 | Energy | Pipeline

Colonial Pipeline is allocating space for Cycle 22 shipments on Line 20, which carries distillates from Atlanta to Nashville, according to a notice sent to shippers on Monday. Read More »

Japan aluminium stocks rise for 12th month, hit record

Reuters | April 13, 2015 | International Trade

Aluminium stocks held at three major Japanese ports climbed for a 12th month to hit a record high at the end of March due to high level of imports and slow housing sector demand. Read More »

China says investigating former Ningbo Port chairman

Reuters | April 13, 2015 | Ports & Terminals | Ports

China is investigating the former chairman of Ningbo Port Group, manager of one of the world’s busiest ports, the country’s top graft-busting body said, naming the latest target of an anti-corruption drive ordered by President Xi Jinping. Read More »

Bad weather shuts Saudi Arabia’s Ras Tanura port

Reuters | April 13, 2015 | Ports & Terminals | Ports

Saudi Arabia’s Ras Tanura port, a major oil operations centre for Saudi Aramco, was shut on Monday because of bad weather, two shipping industry sources told Reuters. Read More »

Qatar shipper Milaha eyes combining tanker business with UAE firm

Reuters | April 13, 2015 | Liner Shipping

Shipping firm Qatar Navigation said on Monday it was initiating talks with United Arab Emirates-based United Arab Chemical Carriers on a possible combination of their product and chemical tanker businesses. Read More »

Mitsubishi group to build methanol plant in Trinidad and Tobago

Reuters | April 13, 2015 | Breakbulk & Projects | Projects | Energy | Refinery

Japan’s three Mitsubishi group companies have signed a contract with state-owned National Gas Company of Trinidad and Tobago Ltd and Massy Holdings to build a methanol producing plant in the Caribbean country for about $1 billion. Read More »

Australia’s McAleese seeks trade halt as Atlas mine closures hit contractors

Reuters | April 12, 2015 | International Trade

Australia’s McAleese Ltd , a mining and minerals haulage group, has asked that its shares be suspended as it weighs the impact of lost work from Atlas Iron Ltd which plans to progressively suspend mining due to a plunge in iron ore prices. Read More »

CN Rail grain train derails in Alberta, no injuries

Reuters | April 12, 2015 | Intermodal | Rail

Twenty-four grain cars on a Canadian National Railway train derailed in Alberta on Friday morning without injury or dangerous goods involved, Royal Canadian Mounted Police (RCMP) said. Read More »

CN Railway train in Alberta “incident”

Reuters | April 12, 2015 | Intermodal | Rail

Canadian National Railway train was involved in an “incident” in the western Canadian province of Alberta, a spokesman for the country’s largest rail operator said on Friday, adding no further details were immediately available. Read More »

Canada’s TSB investigates death at CN Rail facility

Reuters | April 12, 2015 | Intermodal | Rail

Canada’s Transportation Safety Board said on Friday it has launched an investigation into the death of a Canadian National Railway Ltd employee in Saskatoon, Saskatchewan, on Thursday night. Read More »

British Columbia: oil spill response shows unprepared for more tankers

Reuters | April 12, 2015 | Ports & Terminals | Ports

British Columbian officials on Friday criticized the Canadian government’s response to an oil spill in the waters around Vancouver, calling into question plans for new crude oil export pipelines in the Pacific Coast province. Read More »

Venezuela curbs cocoa exports, irking Japanese, Swiss chocolatiers

Reuters | April 12, 2015 | International Trade

Venezuela’s flavorful cocoa, coveted centuries ago by pirates and now a darling of specialty producers, will not be enriching foreign chocolate bars any time soon. Read More »