Rickmers Group adds a tenth MPC to its fleet

AJOT | December 05, 2010 | Breakbulk & Projects

The Rickmers Group has taken delivery of Rickmers Masan, its tenth MPC (multi-purpose carrier). Built at the Jingling yard in China, the new vessel is the first in a series of four Superflex Heavy MPC vessels that are being long-term chartered to Hyundai Read More »

MOL, Vale sign long-term transport contract for 2 VLOCs

AJOT | December 05, 2010 | Breakbulk & Projects

Mitsui O.S.K. Lines Ltd. announced the signing of a long-term transport contract with Vale International SA, a subsidiary of Vale S.A. for two very large ore carriers (VLOCs) on November 18. Two 300,000 DWT-class newbuilding vessels, which will be constru Read More »

Thoresen Thai Q4 profit hit by low freight rates

AJOT | December 05, 2010 | Breakbulk & Projects

Thoresen Thai Agencies , Thailand's leading dry bulk shipper, reported a 52 percent fall in net profit in the July-September quarter on Monday, hit by foreign exchange losses and falling freight rates.

The company said it made a net profit of Read More »

ICTSI names CEO for Portland terminal

AJOT | December 05, 2010 | Ports & Terminals

International Container Terminal Services, Inc. (ICTSI) recently named Elvis Ganda chief executive officer and general manager of ICTSI Oregon, Inc. in Portland, Oregon, USA.

Ganda was formerly president of California United Terminals Inc. in Long Bea Read More »

Port of Vancouver USA named 2010 Port of the Year

AJOT | December 05, 2010 | Ports & Terminals

The Washington Public Ports Association (WPPA) has named the Port of Vancouver USA the 2010 Port of the Year. The announcement was made November 19 at the association’s annual meeting in Tacoma.

Each year, WPPA honors a WPPA member port for leadershi Read More »

Abu Dhabi group plans big Africa investment

AJOT | December 05, 2010 | Ports & Terminals

ADS Holding, an Abu Dhabi-based commodities company is planning multi-billion dollar investments in African infrastructure with three other firms and is near to closing three deals shortly, the Financial Times reported. ADS Holding has a 40 percent stake Read More »

Orbital Sciences ships Taurus II Booster Cores via the Port of Wilmington, Delaware

AJOT | December 05, 2010 | Ports & Terminals

The Port of Wilmington offloaded the first of six to twelve first‐stage core structures for the Taurus® II rocket that is being developed by Orbital Sciences Corporation, one of the world's leading space technology companies. These 100 ft long and Read More »

Ports’ technology program receives EPA Award

AJOT | December 05, 2010 | Ports & Terminals

A groundbreaking clean air technology program at the ports of Los Angeles and Long Beach has earned the U.S. EPA’s Pacific Southwest Region’s 2010 Environmental Achievement Award, officials announced.

The Technology Advancement Program, or TAP, is a j Read More »

Federal officials see Port of Long Beach safeguards firsthand

AJOT | December 05, 2010 | Ports & Terminals

ohn S. Pistole, Administrator of the U.S. Transportation Security Administration, along with other federal officials visited the Port of Long Beach recently to see firsthand the testing of a key security measure for shipping facilities.

The Transporta Read More »

Abu Dhabi Ports relies on Konecranes Automation

AJOT | December 05, 2010 | Ports & Terminals

Abu Dhabi Ports Company (ADPC) in the United Arab Emirates has awarded Konecranes a contract for an automated container yard system. The order includes 30 automated stacking cranes (ASC) and a container terminal operating system (TOS). The value of the or Read More »

Georgia business leaders discuss impact of Savannah Harbor Expansion Project

AJOT | December 05, 2010 | Ports & Terminals

The Georgia Ports Authority, in partnership with the Georgia World Congress Center, the Supply Chain Leadership Council of the Metro Atlanta Chamber, the Regional Business Coalition, the Georgia Department of Economic Development, the Georgia Chamber of C Read More »

Ships wait years off Brazil’s underinvested ports

AJOT | December 05, 2010 | Ports & Terminals

Ships that arrived at Brazilian ports from January through September waited a total of 8.2 years to load and unload goods, the national center for navigation Centronave, in a clear example of the need for infrastructure investments.

Despite Brazil's i Read More »

Baltimore breaks record for most cars ever handled for second time in 2010

AJOT | December 05, 2010 | Ports & Terminals

For the second time this year, the public marine terminals at the Port of Baltimore handled more autos in one month than in any other month in the Port’s history. In October, 42,830 cars came through Baltimore’s public docks, breaking the record of 38,05 Read More »

Longistics’ Long named VC of ATA

AJOT | December 05, 2010 | Intermodal

Longistics, a full-service provider of global logistics solutions, has announced that Duane Long, chairman, has been elected vice chairman for the American Trucking Associations (ATA). Currently chair of ATA's Insurance Task Force, Long received the posit Read More »

Truck productivity must improve to accommodate growing population, says ATA’s Graves

AJOT | December 05, 2010 | Intermodal

America must focus on improving freight efficiency to meet the increasing demands of our nation's growing population, ATA President and CEO Bill Graves said in his opening remarks at the Moving the World: The Future of Freight Transportation conference, h Read More »

Dr. Sherry of NCIT stresses need for intermodal connectivity

AJOT | December 05, 2010 | Intermodal

In a keynote speech to the Conference on Intermodal and Global Supply Chain & Workshop in Manila Philippines, Dr. Patrick Sherry, Executive Director of the National Center for Intermodal Transportation (NCIT) at the University of Denver, emphasized the ne Read More »

CN locomotive engineers on Northern Quebec Internal Short Line ratify new labor agreement

AJOT | December 05, 2010 | Intermodal

CN announced that locomotive engineers working on the Company's Northern Quebec Internal Short Line (NQISL) have ratified a new labor agreement. Read More »

Shareholders vote to place Intercontainer-Interfrigo SA into liquidation

AJOT | December 05, 2010 | Intermodal

At an extraordinary general meeting held on November 26th 2010 in Brussels, the shareholders of traditional intermodal transport operator ICF Intercontainer-Interfrigo SA, Basel, decided that to place the company into liquidation.

Joan Dubaer Read More »

Massman believes West & Southwest will show truck strength

AJOT | December 05, 2010 | Intermodal

Ron Massman, CEO at Dependable Highway Express (DHE), believes demand for full truck load (TL) services will be strong in 2011 in the western and southwestern states with less than truckload (LTL) volume showing only slight recovery with aggressive compet Read More »

Swift Transportation sets terms for $942 mlllion IPO

AJOT | December 05, 2010 | Intermodal

Swift Transportation Co, the largest truckload carrier in North America, set the for a $942.6 million initial public offering.

The Phoenix, Arizona-based company, formerly known as Swift Holdings Corp, filed with U.S. regulators to sell 67.3 Read More »