Konecranes to supply additional ten RTG cranes to Indonesia

AJOT | April 10, 2011 | Ports & Terminals

In February 2011, Konecranes received a repeat order for ten RTG (rubber tired gantry) cranes from Indonesian state-owned terminal operator PT. Pelabuhan Indonesia I (Persero), (“Pelindo 1”). The cranes will be delivered to Belawan International Container Read More »

Steinke to retire from Port of Long Beach

AJOT | April 10, 2011 | Ports & Terminals

Richard D. Steinke, executive director of the Port of Long Beach for the past 14 years and one of the most respected leaders in the maritime industry, announced on Tuesday his plans to retire from the Port, effective September 30, 2011.

“I have accomp Read More »

Ilenda announced VP for Ceres Terminals

AJOT | April 10, 2011 | Ports & Terminals

Ceres Terminals Incorporated has announced the appointment of Charles Ilenda as Vice President for Ceres Terminals Incorporated effective April 1, 2011. Presently, Mr. Ilenda is the Port Manager of the Ceres Duluth operation. Read More »

Port of Oakland allocates $2.7 Mmillion for shore power & innovative energy study

AJOT | April 10, 2011 | Ports & Terminals

At the Oakland Board of Port Commissioners meeting on March 29, 2011, the Board authorized the allocation of $2.7 million to the Port of Oakland’s Shore Power Program and to an Energy Efficiency and Renewable Energy Study. The two approved initiatives emb Read More »

Ocean carriers honored as environmental leaders at Port of Long Beach

AJOT | April 10, 2011 | Ports & Terminals

The Port of Long Beach recently honored 13 top ocean carriers who earned the coveted “best of the best” honors in the Port’s annual Green Flag Awards for environmental achievement.

The Port’s Green Flag vessel speed reduction program gives financial i Read More »

GPA’s Cross Terminal Roadway receives Honor Award for Engineering Excellence

AJOT | April 10, 2011 | Ports & Terminals

The nation’s largest single-terminal container facility, the Port of Savannah’s Garden City Terminal, received an Honor Award for engineering excellence for its two-mile Cross Terminal Roadway project.

“As a component of our ongoing capital investment Read More »

Deutsche Bahn takes whisper brake a stage further

AJOT | April 10, 2011 | Intermodal

Deutsche Bahn is speeding up the Europe-wide introduction of whisper brakes: the 'Europe Train', which has been traveling throughout Europe since December, arriving in Berlin after putting a new type of whisper brake ' the LL block ' through its paces bef Read More »

Freight train from China arrived in Duisburg after traveling 10,300 kilometers

AJOT | April 10, 2011 | Intermodal

A container train from Chongqing in China arrived in Duisburg after traveling for scarcely 16 days. For the 10,300-kilometer journey along the so-called Southern route, the DB Schenker train, which was commissioned by a global company, completed the journ Read More »

CN makes acquisition of 1,000-plus domestic containers

AJOT | April 10, 2011 | Intermodal

-CN announced the acquisition of more than 1,000 new domestic containers to better serve manufacturers and distributors of grocery and consumer goods in domestic markets across Canada and grow the railway's participation in the segment. Read More »

The world’s top exporters and importers

AJOT | April 10, 2011 | International Trade

Below is a table showing the world's top exporters and importers of goods and services in 2010 according to World Trade Organization (WTO) figures.

They show that in goods, or merchandise trade, Germany dropped to third place in the exports league tab Read More »

US fast-food chains bet on India to drive growth

AJOT | April 10, 2011 | International Trade

The scramble by global food companies into India's fast food sector intensified on Monday as several U.S. chains announced plans to enter the country, hoping to tap the surging spending power in Asia's third-largest economy.

Restaurants like Denny's C Read More »

Russia won’t use WTO rules until a member

AJOT | April 10, 2011 | International Trade

Prime Minister Vladimir Putin said that Russia would not abide by any World Trade Organisation rules until it became a member and was free to slap duties on cheap machinery imports from China.

Russia is growing increasingly frustrated with its 18-year Read More »

Disney’s Magic Kingdom comes to the Middle Kingdom

AJOT | April 10, 2011 | International Trade

Walt Disney Co broke ground on its long-awaited Shanghai Disneyland theme park on Friday, banking on its global brand and fairytale attractions to draw millions of visitors and boost its profits in the region.

Mickey and Minnie Mouse, dressed in tradi Read More »

Poor nations seek exemption from food export bans

AJOT | April 10, 2011 | International Trade

Poorer countries vulnerable to soaring food prices demanded formal exemption under world trade rules from the export restrictions that have proliferated in recent years.

In a proposal linked to the long-running Doha round of World Trade Organization ( Read More »

Obama: labor deal paves way for US-Colombia trade pact

AJOT | April 10, 2011 | International Trade

President Barack Obama said that a deal over labor rights had cleared the way to advance a long-delayed trade pact with Colombia, but he was silent on when he would send it to Congress for approval.

"I am very pleased to announce that we have develope Read More »

World trade to carry crisis scars into 2012

AJOT | April 10, 2011 | International Trade

World trade will carry the scars of the financial crisis into 2012, the World Trade Organization said with a prediction of 6.5 percent growth for this year, less than half of last year's sharp rebound.

The forecast, for growth in trade of goods as mea Read More »

India’s Sun Pharma, US Merck in generics joint venture

AJOT | April 10, 2011 | International Trade

U.S. drugmaker Merck & Co has formed a joint venture with India's Sun Pharmaceutical Industries Ltd to develop and manufacture branded generic drugs for emerging markets, the two companies said.

The companies did not disclose financial details of the Read More »

Hactl announces throughput for the first quarter of 2011

AJOT | April 10, 2011 | Air Cargo

Hong Kong Air Cargo Terminals Limited (Hactl), the world's leading air cargo terminal, announced its tonnage throughput for March and the first quarter of 2011. A total of 254,819 tonnes were handled in March, showing a slight increase of 4.4% year-on-yea Read More »

Lufthansa Cargo surges ahead in first quarter

AJOT | April 10, 2011 | Air Cargo

Lufthansa Cargo significantly increased the volume of freight and mail transported in the first quarter of 2011. The Company continued on the strong growth path of the previous year. Cargo volumes were up overall by 19.9 per cent on the year-earlier level Read More »

Emirates expands South American network with flights to Buenos Aires and Rio de Janeiro

AJOT | April 10, 2011 | Air Cargo

Two of South America's most iconic cities will soon have a faster link to Dubai and over 100 destinations worldwide when Emirates commences its daily non-stop service to Rio de Janeiro and extension to Buenos Aires from 3rd January 2012. Read More »