Premium Article  “Pride” in Poultry Exports Hits Market Pot Holes

Karen Thuermer | April 25, 2010 | International Trade

Chicken is big business in the United States. In fact, for Pittsburg, Texas-based Pilgrim’s Pride, one of the largest chicken producers in this country, its net sales in fiscal 2009 totaled $7.1 billion.

- By Karen E. Thuermer, AJOT Read More »

Premium Article  US fish/seafood business

Karen Thuermer | April 25, 2010 | International Trade

U.S. Department of Agriculture Foreign Agricultural Service (USDA/FAS) figures for U.S. fishery products are dated. For 2007, for example, it indicated that the European Union was the biggest market for these products, accounting for 26 percent of the mar Read More »

Premium Article  Exports remain stable for meat, port and turkey product

Karen Thuermer | April 25, 2010 | International Trade

One thing is for certain, despite economic downturns, people have to eat and this includes meat, pork and turkey products.

According to U.S. Department of Agriculture Foreign Agricultural Service (USDA/FAS) figures, the forecast for 2010 U.S. Read More »

Premium Article  Russia says US to ship chlorine-free chicken

AJOT | April 25, 2010 | International Trade

Poultry meat producers in the United States have agreed to stop using chlorine in processing products for exports to Russia, Interfax news agency quoted Russian consumer protection watchdog as saying.

"We have been informed that American prod Read More »

Premium Article  Brazil beef headed for U.S. if trade deal resolved

AJOT | April 25, 2010 | International Trade

Fresh Brazilian beef may be sold in U.S. grocery stores beginning next year for the first time in a decade if the two countries resolve a dispute over cotton, livestock analysts said.

However, analysts said imported Brazilian beef would not b Read More »

CMB Q1 helped by forex gains, upbeat on 2010

AJOT | April 25, 2010 | Breakbulk & Projects

Belgian shipping group CMB expressed confidence for the rest of the year as fleet bookings were high and a foreign exchange gain limited the fall in its first-quarter net profit. CMB, which specialises in dry bulk transport, said its net profit was 10 per Read More »

Breakbulk shows split in activity

AJOT | April 25, 2010 | Breakbulk & Projects

Break bulk activity is showing a split between smaller shipments; those that can fit in open containers or on flat racks, and those "big shoulder" items like power generators, energy equipment and other large items. Smaller shipments are growing in volume Read More »

Essar Shipping to invest 5 blllion rupees in Paradip port

AJOT | April 25, 2010 | Breakbulk & Projects

Essar Shipping Ports and Logistics said it has signed a license agreement with Paradip Port Trust to invest 5 billion rupees in a dry bulk cargo berth. Read More »

Russia March coal exports from major ports up

AJOT | April 25, 2010 | Breakbulk & Projects

Russia's coal exports from leading domestic ports as well as Ukrainian and Latvian terminals were largely higher in March as weather conditions continued to improve, figures compiled by Reuters showed. Read More »

Wilhelmsen Ships Service acquires full ownership in Japan

AJOT | April 25, 2010 | Breakbulk & Projects

Wilhelmsen Ships Service announced that it has purchased the remaining 49% of Aall & Company's interest in Wilhelmsen Aall Ships Service Pte Ltd, in Japan. The move establishes Wilhelmsen Ships Service's complete 100% ownership of Wilhelmsen Aall Ships Se Read More »

Shippers see boon from Russia sugar import push

AJOT | April 25, 2010 | Breakbulk & Projects

A surge of raw sugar shipments into Russia before an expected import duty cut in May is set to lift freight rates for smaller vessels and support raw sugar futures, but the window will be short.

Russia, the world's No. 3 raw sugar importer, i Read More »

Panama Canal Authority and Alabama State Port Authority sign first partnership agreement

AJOT | April 25, 2010 | Ports & Terminals

Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta and Alabama State Port Authority (ASPA) Director/CEO James K. Lyons signed a Memorandum of Understanding (MOU) to jointly help foster commercial activity between the two entities. Read More »

Finnish paper company M-real selects Port of Philadelphia for its U.S.-bound cargoes

AJOT | April 25, 2010 | Ports & Terminals

150,000 tons of new cargo, up to 24 vessel calls will result

John H. Estey, Esq., Chairman of the Philadelphia Regional Port Authority (PRPA), announced that the European paper company M-real, based in Finland, has selected the Port of Read More »

Hyundai Motor Co. and Holt Logistics to import though the Port of Philadelphia

AJOT | April 25, 2010 | Ports & Terminals

Governor Rendell announced that the Philadelphia Regional Port Authority and Holt Logistics Corp. have come to an agreement with Hyundai Motor Co. and its logistics affiliate, Glovis of America, to import and process 150,000 Hyundai and Kia vehicles annua Read More »

Panama Canal and JAXPORT sign strategic partnership alliance

AJOT | April 25, 2010 | Ports & Terminals

Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta and Jacksonville Port Authority (JAXPORT) CEO Rick Ferrin launched a strategic partnership with the signing of a Memorandum of Understanding (MOU).

The MOU, signed in a cer Read More »

Russia seeks ways to export large grain stocks

AJOT | April 25, 2010 | Ports & Terminals

Russia, seeking new ways to export its growing stocks of grain, is considering building new terminals on Ukraine's Black Sea coast and cutting rail tariffs via its ex-Soviet neighbour to be competitive on world markets. Read More »

Port of Charleston adds new Asia Service, posts 24% volume gain

AJOT | April 25, 2010 | Ports & Terminals

The South Carolina State Ports Authority (SCSPA) has announced double-digit volume increases during March, along with the addition of a new service between Charleston, Northern China and South Korea. Read More »

China further tightens scrap metal import rules

AJOT | April 25, 2010 | Ports & Terminals

China will further tighten imported scrap metal import rules effective June 1, a notice said, as part a crackdown on duty evasion which came into effect at the start of April.

Mixed different kinds of scrap metal in containers will no longer Read More »

Point Bio Energy announces new wood pellet facility at the Port of Greater Baton Rouge

AJOT | April 25, 2010 | Ports & Terminals

Wood pellet facility to create up to 100 new jobs and more than $100 million in capital investment
Gov. Bobby Jindal joined Point Bio Energy LLC CEO Bill New, Port of Greater Baton Rouge Executive Director Jay Hardman, Commissioner of Agric Read More »

Direct ChassisLink to expand operations in Gulf, Pacific Northwest port areas

AJOT | April 25, 2010 | Ports & Terminals

Direct ChassisLink (DCLI) will expand its chassis program to the Gulf and the Pacific Northwest port areas effective June 1, 2010. Locations will include Houston, New Orleans and Mobile as well as Portland and Seattle. DCLI will offer chassis for use in t Read More »