Japan shipper mulls future of vessel with

AJOT | March 28, 2011 | Liner Shipping

Mitsui O.S.K. Lines has not yet decided what it will do with its container ship when it returns to Japan, a company official said, after China rejected the vessel for "abnormal" radiation levels.

The MOL Presence is the first ship barred from unloadin Read More »

China COSCO posts H2 profit, slightly above forecasts

AJOT | March 28, 2011 | Liner Shipping

China COSCO Holdings Co Ltd., the country's top shipping conglomerate, a net profit in the second half of 2010, reversing year ago losses as the shipping market regained strength amid a global economic recovery. Read More »

Premium Article  End to Mexico truck dispute: a boost to logistics sector?

Peter Buxbaum | March 27, 2011 | International Trade | Transport Intermediaries

Infrastructure investments designed to allow Mexico to compete
Earlier this month, Mexican President Felipe Calderon and U.S. President Barack Obama announced, after a meeting in Washington, the terms of a new deal that would open up the bor Read More »

Premium Article  Brazil squeezes OJ competition

AJOT | March 27, 2011 | International Trade

Brazil’s the Saudi Arabia of orange juice. Like the Arab oil giant, Brazil by virtue of exporting 99% of its OJ, is the world’s dominant supplier. Last year, Brazil’s two largest OJ exporters dominated supply with an 80% slice of the European market. L Read More »

Premium Article  Labor issues stymie Colombia FTA

Peter Buxbaum | March 27, 2011 | International Trade

Is progress on the horizon or will agreement remain in limbo?
It has been well over four since the United States and Colombia signed a free trade agreement. Yet the accord is still not on the books, having been stalled in Congress.

By Read More »

Premium Article  World Bank’s IFC finances new Brazil container dock

AJOT | March 27, 2011 | International Trade | Ports & Terminals

The International Finance Corporation (IFC), the World Bank's private-sector lender, has arranged nearly $600 million in loans for a new container terminal that will raise capacity at Brazil's largest port.

The IFC will provide $97 million to Brasil T Read More »

Premium Article  AkzoNobel expands Puerto Rico operations and increases export business

Karen Thuermer | March 27, 2011 | International Trade

When Frank A. Mitri, president and general manager of AkzoNobel for Puerto Rico and the Caribbean, agreed to take a new position in Puerto Rico in 2008, he believed he was coming to the island to close the AkzoNobel facility.

By Karen E. Thuermer, Read More »

Premium Article  Puerto Rico’s Bacardi Rum Takes on the World

Karen Thuermer | March 27, 2011 | International Trade

Bacardi Rum has its roots in Cuba after Don Facunda Bacardi Massó emigrated from Spain to Santiago de Cuba. While rum was the most popular drink in the Caribbean thanks to the region’s large sugarcane industry, he realized it needed to be made more palata Read More »

Premium Article  Central America and Caribbean Markets Remain Competitive for Steamship Service

Karen Thuermer | March 27, 2011 | International Trade | Liner Shipping | Ports & Terminals

Central America and the Caribbean Basin is full of alphabet soup when it comes to trade agreements. There’s CAFTA-DR (the Dominican Republic-Central America-United States Free Trade Agreement), CBI (Caribbean Basin Initiative), the U.S.-Panama TPA (Trade Read More »

Premium Article  Chile looks to rise on export growth in 2011

George Lauriat | March 27, 2011 | International Trade

Despite setbacks of 2010, including the devastating earthquake in February (and subsequent rescue of 33 trapped miners in October) Chile seems poised to regain its economic initiative based on export growth. The question for the Obama Administration, i Read More »

Premium Article  In the Port of Portland, ICTSI takes over Terminal 6 but there’s a lot more going on…

George Lauriat | March 27, 2011 | Ports & Terminals

In the Port of Portland Oregon, ICTSI Oregon, Inc., a subsidiary of International Container Terminal Services, Inc., (ICTSI) officially took over operation of the Port of Portland’s Terminal 6 on February 12th. This was big news for the Port, but there Read More »

Premium Article  The Port of Grays Harbor – the re-Discovered Country

George Lauriat | March 27, 2011 | Ports & Terminals

The Port of Grays Harbor has been around awhile…a hundred years with the last turn of the calendar. But 2010 probably meant more to this Pacific Northwest port than all the years leading up to it. Why? The Port is in the middle of a remarkable transfor Read More »

Premium Article  Port of Seattle cracks 2 million teu barrier

George Lauriat | March 27, 2011 | Ports & Terminals

In 2010, the Port of Seattle had a banner year, breaking the 2 million teu mark and setting a port record. This year is the Port of Seattle’s Centennial Year and what better way to celebrate than to do it all over again?
By George Lauriat, Ed Read More »

Premium Article  Encana seeks new markets, buys into Apache plant

AJOT | March 27, 2011 | Ports & Terminals

Encana Corp will buy a 30 percent stake in the planned Kitimat liquefied natural gas export terminal on Canada's West Coast from Apache Corp and EOG Resources as it seeks to tap new markets for its burgeoning shale gas output.

Financial details of the Read More »

Premium Article  PNW log exports up on China demand

Leo Quigley | March 27, 2011 | Breakbulk & Projects | International Trade

China’s demand for raw logs has injected new life into lumber-dependent communities in the Pacific Northwest. The demand is the result of a tax placed on log exports by Moscow and initiatives by the lumber industry and government to introduce wood as a bu Read More »

Premium Article  Port Metro Vancouver looks to double capacity with new Deltaport terminal

AJOT | March 27, 2011 | Ports & Terminals

First steps towards doubling the capacity of Port Metro Vancouver’s, and Canada’s, largest container terminal are underway.

Public consultations involving the port, municipal officials, First Nations and special interest groups have been launched and Read More »

Premium Article  The Port of Tacoma’s diversified portfolio key to future growth

George Lauriat | March 27, 2011 | Ports & Terminals

There are a lot of reasons to be optimistic at the Port of Tacoma. The Port’s terminal projects are moving. With a diverse portfolio of services and business segments all beginning to move in the right direction, the recession may soon recede in the r Read More »

Darka for Trading & Services gets heavy cargo delivered in Sudan

AJOT | March 24, 2011 | Breakbulk & Projects

Darka for Trading & Services Co., Ltd, a member of the Worldwide Project Consortium WWPC, recently the handled and delivered heavy machinery from Port Sudan to Abuhebeira (Wjite Nile State in central Sudan)- Read More »

PD Ports and Rickmers-Linie find mining Joy at Teesport

AJOT | March 24, 2011 | Breakbulk & Projects

Teesport was temporarily transformed into a scene resembling a science fiction film earlier this month when more than 180 futuristic-looking mine arches, each weighing in excess of 27 tonnes, were loaded onto a Rickmers-Linie vessel bound for China. Read More »

Eagle Bulk Shipping reaches agreement with Korea Lines

AJOT | March 24, 2011 | Breakbulk & Projects

Eagle Bulk Shipping Inc. announced that it has reached a comprehensive agreement with the Receivers of Korea Line Corporation ("KLC") regarding twelve time-chartered vessels impacted by KLC's decision to file for protective receivership earlier this year. Read More »