APL increases Japan coverage with MOL tie-up

AJOT | December 06, 2011 | Liner Shipping

Global container shipping leader APL has announced that it will enhance its Japan to Thailand and Philippines coverage as a slot operator in a tie-up with Mitsui O.S.K. Lines (MOL). The new service, named Japan-Thailand-Philippine (JTP) service, will enh Read More »

Global shippers seen delaying orders

AJOT | December 06, 2011 | Liner Shipping

Global shipping firms will continue to cancel or delay orders as the industry's downturn is aggravated by banks cutting financing amid Europe's economic turbulence, Jens Martin Jensen, the Chief Executive of Frontline Management said. Read More »

MOL earns world’s 1st certification for Ship Energy Efficiency Management Plan

AJOT | December 06, 2011 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. has announced that the Ship Energy Efficiency Management Plan (SEEMP*1), MOL already has in place was certified with Statement of Compliance by the international classification society American Bureau of Shipping (ABS). Effective Read More »

Valemax ore carrier unable to depart Brazil port

AJOT | December 04, 2011 | Breakbulk & Projects

The Vale Beijing, a giant freighter loaded with iron ore, is stuck in a Brazilian port, the ship's agent said, the latest glitch to hit Vale, the world's second-largest mining company, as it tries to bring down its transport costs. Read More »

China port eyes expansion with Vale’s mega ships

AJOT | December 04, 2011 | Ports & Terminals

China's Dongjiakou Port plans to build two additional port terminals to handle Vale's growing fleet of mega iron ore carriers, the world's largest dry bulk ships, a port official told Reuters. Read More »

DP World plans $850 million investment for Jebel Ali port

AJOT | December 04, 2011 | Ports & Terminals

DP World, the world's third-largest port operator, will invest $850 million over the next three years to create additional capacity at one of its key ports in the United Arab Emirates, the company said in a statement. Read More »

Expansion of economic links between Hamburg and India with official opening of Hamburg Representativ

AJOT | December 04, 2011 | Ports & Terminals

Within the EU the Port of Hamburg is one of India‚Äôs most important commercial partners in seaborne foreign trade. In November the Hamburg Joint Representative Office in Mumbai was officially opened. This is designed to strengthen economic, but also cultur Read More »

No forms halt commodities exports at Indonesia port

AJOT | December 04, 2011 | Ports & Terminals

Coffee, rubber and cocoa exports from Indonesia's Lampung port have stopped since Wednesday due to a lack of official forms needed for shipments, traders said. Read More »

Santos port workers plan unlimited strike

AJOT | December 04, 2011 | Ports & Terminals

Workers at Brazil's largest port, Santos, are planning to stage an unlimited strike from Dec. 12, the Sindaport union representing them said, over the government's refusal to improve pay and conditions. Read More »

CEVA continues to grow Less-than-Container Load offering with over 30 new services

AJOT | December 04, 2011 | Transport Intermediaries

CEVA Logistics, a leading global non-asset based supply chain management company, today announced the continued growth of its Less-than-Container Load (LCL) consolidation services. Read More »

GLP to raise S$500 million via perpetuals

AJOT | December 04, 2011 | Transport Intermediaries

Singapore-listed warehouse operator Global Logistic Properties Ltd hopes to raise about S$500 million ($385 million) via the issue of perpetual capital securities to fund its operations, sources said. Read More »

Google in talks to take on Amazon in retail

AJOT | December 04, 2011 | Transport Intermediaries

Google Inc is pondering an Internet service to help consumers shop online and take advantage of same-day delivery, hoping to stanch the loss of Web traffic to Amazon.com Inc, the Wall Street Journal reportedly. Read More »

Agreements lift threat of immediate US rail strike

AJOT | December 04, 2011 | Intermodal

Major US freight railroads said on Thursday they had dodged the imminent threat of a national rail strike by reaching tentative contract agreements with two big unions. Read More »

China may channel reserves to US. infrastructure

AJOT | December 04, 2011 | Intermodal

China may channel part of its huge pool of foreign exchange reserves into investment in U.S. infrastructure, including rail and transportation networks, Commerce Minister Chen Deming said. Read More »

Con-way Truckload raises nearly $65,000 in Annual Truckloads of Treasures Holiday Giving Campaign

AJOT | December 04, 2011 | Intermodal

Con-way Truckload, a full-truckload carrier and subsidiary of Con-way Inc. announced that its employees raised approximately $65,000 in the company's 18th Annual Truckloads of Treasures holiday giving campaign. In addition to nearly matching last year's c Read More »

Pershing sees progress in talks with Canadian Pacific

AJOT | December 04, 2011 | Intermodal

Pershing Square Capital Management said its talks with Canadian Pacific Railway, Canada's No 2, railway, have so far been productive. Read More »

Airbus alleges US. interference in $22 billion Boeing deal

AJOT | December 04, 2011 | International Trade

Europe's Airbus accused the White House of derailing open competition by helping Boeing Co win a record aircraft deal in Indonesia as details emerged of a behind-the-scenes struggle over jobs and airplane sales worth almost $22 billion. Read More »

EU says complies with WTO in Airbus-Boeing dispute

AJOT | December 04, 2011 | International Trade

The European Union said it had met a deadline for complying with a WTO ruling against billions of euros of illegal subsidies for aircraft maker Airbus and outlined its actions in a letter to the United States and the World Trade Organization. Read More »

Fickle India government puts foreign supermarkets

AJOT | December 04, 2011 | International Trade

India has put a plan to open up its retail industry to foreign supermarkets on hold, a senior government source said, an embarrassing turnaround for a beleaguered government fighting to retain the support of key allies. Read More »

CMA CGM dips into red, puts faith in scale

AJOT | December 04, 2011 | Liner Shipping

CMA CGM's full-year earnings will "probably" dip into the red after postings a quarterly net loss, its finance director said as the world's third-largest container shipping firm announced an alliance with Mediterranean Shipping Co (MSC) to add muscle. Read More »