Greencarrier launches a new direct service between the UK and Finland for groupage, part loads and f

AJOT | November 15, 2011 | Liner Shipping

Together with its UK-based subsidiary Greencarrier PTS, Greencarrier is expanding the range of services it offers the Nordic market with a new direct service to Finland. Read More »

Horizon Lines reports 3rd-quarter financial results

AJOT | November 15, 2011 | Liner Shipping

Horizon Lines reported financial results for the fiscal third quarter ended September 25, 2011. Read More »

Maersk says to invest $170 mlllion in Chile plant

AJOT | November 15, 2011 | Liner Shipping

Danish shipping and oil group A.P. Moller-Maersk plans to invest about $170 million in a new factory in Chile to produce refrigerator containers, known as reefers, for a Latin American export boom. Read More »

Maersk sees more shipping losses after Q3 hit

AJOT | November 15, 2011 | Liner Shipping

Weak freight rates knocked shipping and oil group A.P. Moller-Maersk A/S to a steeper-than-forecast drop in quarterly profits as its container shipping arm dived into the red and was seen staying loss-making this year. Read More »

Purfresh and Interfresh Cargo partner to provide Argentine exporters with latest ocean transport tec

AJOT | November 15, 2011 | Liner Shipping

Purfresh, a leading provider of clean technologies that purify, protect, and preserve the global food supply chain, has announced that Interfresh Cargo has chosen Purfresh Transport for its customers to maintain quality and freshness of blueberries shippe Read More »

Seago Line joins INTTRA’s vast network of ocean carriers

AJOT | November 15, 2011 | Liner Shipping

INTTRA, the leading provider of e-commerce solutions for the ocean freight industry, announced that Seago Line has joined its carrier network. By working with INTTRA, Seago Line's shipper customers will have a faster, easier and more efficient way to pro Read More »

Transpacific container shippers plan rate rise

AJOT | November 15, 2011 | Liner Shipping

Asia-U.S. container shipping lines have agreed to raise freight rates and charges from Jan. 1 by at least $400 per 40-foot container as an interim step before rolling out annual contracting guidelines, their organization said. Read More »

US East Coast and Gulf to Venezuela general rate increase

AJOT | November 15, 2011 | Liner Shipping

Effective December 4, 2011, a General Rate Increase (GRI) will be implemented on all cargo moving Southbound from or via the United States East Coast and Gulf Coast to Venezuela. Read More »

Zepol reports October vessel imports increase 0.33%

AJOT | November 15, 2011 | Liner Shipping

Zepol Corporation, the leading trade intelligence company, reports that U.S. import shipment volume for October, measured in TEUs, increased 0.33% from September and decreased 1% from October of 2010. The total number of inbound shipments rose 1% from Sep Read More »

COSCO says negotiates sharply lower charter costs

AJOT | November 03, 2011 | Breakbulk & Projects

China COSCO Holdings Co Ltd, operator of the world's largest bulk cargo fleet and a major global container shipper, said that it has been able to slash charter costs after successful renegotiations with ship owners amid a gloomy outlook for the shipping i Read More »

Genco Shipping Q3 profit beats Wall Street

AJOT | November 03, 2011 | Breakbulk & Projects

Drybulk carrier Genco Shipping & Trading Ltd posted a quarterly profit that beat estimates, helped by higher freight rates. Read More »

Golden Ocean saw

AJOT | November 03, 2011 | Breakbulk & Projects

Demand for dry bulk shipping has been very high in the third quarter and the negative effect from slowing industrial production in China has been limited, shipper Golden Ocean said. Read More »

Handling oversized cargo demands knowledgeable, experienced agent

AJOT | November 03, 2011 | Breakbulk & Projects

The current soft international economy is generating unintended consequences for the global shipping industry and its service providers. Forwarders and NVOs are seeking out new profit opportunities to compensate for a near collapse in container rates. Th Read More »

Ocean Knight Shipping handles large compressed car project from Japan to China

AJOT | November 03, 2011 | Breakbulk & Projects

Ocean Knight Shipping Inc, a member of the Worldwide Project Consortium WWPC in China, recently coordinated a timely transportation for 854 pieces, 5978cbm of compressed used cars from Imari port, Japan to Zhangjiagang port, China. Read More »

Dry bulk market to face challenging 2012: FBR Capital

AJOT | November 03, 2011 | Breakbulk & Projects

The dry bulk shipping market may face a challenging 2012 as a nascent recovery in demand will likely be short-lived and may not be enough to drive up rates, FBR Capital Markets analysts said and downgraded two shipping companies. Read More »

Handling oversized cargo demands knowledgeable, experienced agent

AJOT | November 03, 2011 | Breakbulk & Projects

The current soft international economy is generating unintended consequences for the global shipping industry and its service providers. Forwarders and NVOs are seeking out new profit opportunities to compensate for a near collapse in container rates. Th Read More »

Good third quarter for the Port of Rotterdam

AJOT | November 03, 2011 | Ports & Terminals

Cargo throughput in the Port of Rotterdam increased during the first nine months of 2011 by 1.7% to 327 million tons. Throughput increased for agribulk (+17%), coal (+3%), other dry bulk (+10%), containers (+11%), roll-on/roll-off (+2%) and other general Read More »

GPA sees steady first quarter growth

AJOT | November 03, 2011 | Ports & Terminals

Georgia Ports Authority Executive Director Curtis J. Foltz announced today the ports saw a growth rate of 5.0 percent in the first quarter of FY2012, moving 6.5 million tons of freight. Over the same period in FY2011, the port moved 6.2 million tons of c Read More »

DP World gross container volumes up 10% in Q3

AJOT | November 03, 2011 | Ports & Terminals

DP World , the world's third-largest port operator, said containers volumes rose 10 percent in the third quarter, helped by growth in the UAE, Africa and the Americas. Read More »

JAXPORT seeks TIGER funds to enhance Northeast Florida trade and transportation network

AJOT | November 03, 2011 | Ports & Terminals

Jacksonville Port Authority (JAXPORT) announced its application to the U.S. Department of Transportation for $25 million from the Transportation Investment Generating Economic Recovery (TIGER) Discretionary Grant for the construction of a $45 million Inte Read More »