Air France-KLM May traffic rises 4.9%

AJOT | June 13, 2011 | Air Cargo

Air France-KLM, Europe's largest airline by revenue, posted a 4.9 percent rise in May passenger traffic.

The rise in traffic fell short of a capacity increase of 5.9 percent, depressing the passenger load factor, the proportion of seats sold, by 0.7 p Read More »

DHL enhances service between US, Middle East and Asia

AJOT | June 13, 2011 | Air Cargo

DHL Express, the world's leading cross-border express services provider, is expanding its global capabilities through new, next-day intercontinental flights between the U.S. and the Middle East and Asia-Pacific to the U.S. to meet increased demand Read More »

Two new contracts for WFS in Miami

AJOT | June 13, 2011 | Air Cargo

TAP Portugal and US Airways have awarded new cargo handling contracts to Worldwide Flight Services (WFS) in Miami.

The new contracts began in early June 2011. For TAP, WFS will provide cargo warehousing and customer service for the airline's five Airb Read More »

BA to pay $89.5 mlllion to settle air cargo suit

AJOT | June 13, 2011 | Air Cargo

British Airways Plc said it will pay $89.5 million to settle a class-action lawsuit accusing it and more than two dozen other airlines of conspiring to fix the price of air-cargo freight shipping.

Plaintiffs in the same litigation have also reached a Read More »

MOL earns environmental ratings from DBJ

AJOT | June 13, 2011 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced the company's acquisition of the 'DBJ Environmental Ratings' from the Development Bank of Japan Inc. (DBJ), and received a loan based on the rating.

MOL's acquisition of the DBJ Environmental Ratings is the first in Read More »

Yangzijiang wins $700 mlllion shipbuilding contracts

AJOT | June 13, 2011 | Liner Shipping

Singapore-listed Chinese shipbuilder Yangzijiang said it had won contracts worth $700 million to build seven container ships for Seaspan Corporation with options for another 18, which could lift the total value to around $2.5 billion.

The seven vessel Read More »

Safmarine launches new iPhone application

AJOT | June 13, 2011 | Liner Shipping

Shipping line Safmarine has added another e-product to its range of e-Business accessories with the launch of the Safmarine application for iPhone, iPad and iPod Touch devices. Read More »

NOL says shipping line president has resigned

AJOT | June 13, 2011 | Liner Shipping

Singapore's Neptune Orient Lines (NOL) said the president of its APL shipping business has resigned and will be replaced by the current president of North Asia region.

Eng Aik Meng will leave the company on Sep 1 to take a new position outside the tra Read More »

India Shipping Corp to buy 29 vessels for $781 mllion

AJOT | June 06, 2011 | Breakbulk & Projects

State-run Shipping Corp of India has ordered 29 vessels including bulk carriers and tankers for 35 billion rupees ($781 million), which would boost its fleet by 37 percent, a company executive said.

The company aims to take delivery of 17 vessels -- i Read More »

Bangkok Port’s wharf closure snarls cargo clearance

AJOT | June 06, 2011 | Ports & Terminals

Cargo clearance at Bangkok Klong Toei Port has slowed because of the temporary closure of some wharves, which will last until late this year, forcing ship operators to slap congestion surcharges on cargo firms, shippers and officials said.

The partial Read More »

Holt Logistics announces pay off of $5.6 million in federal loans

AJOT | June 06, 2011 | Ports & Terminals

Holt Logistics Corp. announced the payoff of $5.6 million in federal loans dating to 1984 that were used to help build the Gloucester Marine Terminal.

In addition, Holt Logistics Corp announced a $15,000 donation to Gloucester City to again sponsor th Read More »

Bromma wins new contracts for China, Brazil, the UK and Italy

AJOT | June 06, 2011 | Ports & Terminals

The world leader in crane spreaders, Stockholm-based Bromma, has won a new order for a total of sixteen crane spreaders for delivery to the Port of Huanghuagang at Hebei in Northeast China. The contract includes an order for six STS45 separating twin-lift Read More »

Port of Quincy approved for inclusion in Foreign Trade Zone 203

AJOT | June 06, 2011 | Ports & Terminals

The U.S.Foreign-Trade Zones Board recently issued Order No. 1764, which approves the reorganization and expansion of the Service Area of Foreign Trade Zone 203 under the "Alternative Site Framework" plan to now include the Port of Quincy and the greater Q Read More »

New Bromma Roadmap™ application helps terminals focus on the future

AJOT | June 06, 2011 | Ports & Terminals

The world leader in crane spreaders, Stockholm-based Bromma, is introducing a new suite of terminal productivity tools designed to keep spreader operations in a “green zone” of higher performance.

Bromma Roadmap™ is the first Green Zone™ application Read More »

Vital shipping lanes can weather turmoil in Yemen

AJOT | June 06, 2011 | Ports & Terminals

Merchant ships using a vital trade route off Yemen's coast are unlikely to face major disruptions even if the country slides into civil war as militant groups lack the capability to regularly attack vessels.

World powers have been pressing President A Read More »

How secure are Yemen’s ports from attack?

AJOT | June 06, 2011 | Ports & Terminals

Yemen's ports have boosted security in recent weeks, port and maritime sources say, as international concern grows that the country's slide into chaos could embolden militants based there.

Yemen, the Arab world's poorest country and neighbour to the w Read More »

FTR’s Trucking Conditions Index moderates in May

AJOT | June 06, 2011 | Intermodal

FTR's April Trucking Conditions Index, as reported in the June Trucking Update, fell to a reading of 7.57 from a March reading of 13.30. The primary factors driving the index down were an adjustment to FTR's outlook for base shipping rate increases, as we Read More »

Spain’s Renfe to partly privatize freight transport

AJOT | June 06, 2011 | Intermodal

Spain's state railway Renfe will partly privatize freight transportation to improve service and to increase rail's freight market share to up to 10 percent by 2020, the company said.

Renfe will create three new freight companies, one for containers, o Read More »

EU envoy says Russia vegetable ban against WTO rules

AJOT | June 06, 2011 | International Trade

The European Union's envoy to Moscow said that Russia's ban on imports of raw vegetables from the EU was not justified and contradicted World Trade Organisation rules.

Russia enforced the ban after accusing Brussels of failing to give sufficient infor Read More »

Germany steps up hunt for deadly E.coli source

AJOT | June 06, 2011 | International Trade

Racing to curb the spread of a killer food bug, Germany set up a national task force on Friday to hunt down the source of a highly toxic strain of E.coli that killed 17 people and sounded alarms around the world.

Russian Prime Minister Vladimir Putin, Read More »