Liner Shipping

Horizon Lines reports 3rd-quarter financial results

AJOT | October 24, 2010 | Liner Shipping

Horizon Lines, Inc. reported financial results for its fiscal third quarter ended September 19, 2010.

On a GAAP basis, third-quarter net income was $7.7 million, or $0.25 per diluted share, compared with $8.4 million, or $0.27 per diluted sha Read More »

Maersk Line to idle 10% of Asia-Europe service

AJOT | October 24, 2010 | Liner Shipping

The world's biggest container shipping company, Maersk Line, said it would suspend about 10 percent of its Asia-Europe service to adjust to weaker demand after the peak season.

Maersk Line, a unit of Danish shipping and oil group A.P. Moller- Read More »

CMA CGM upgrades its service between North Europe, US South Atlantic, Mexico and the US Gulf

AJOT | October 14, 2010 | Liner Shipping

CMA CGM is pleased to announce the launch of its New Victory Bridge service linking North Europe to US South Atlantic, Mexico and the US Gulf, effective October 17th, 2010.

Launched in partnership with CSAV, this service previously operated in coopera Read More »

Toys’R'Us names APL its Ocean Carrier of the Year

AJOT | October 14, 2010 | Liner Shipping

Toys'R'Us, Inc., the world's leading dedicated toy and juvenile products retailer, has named APL its 2010 Ocean Carrier of the Year. A container shipping leader, APL was honored at concurrent ceremonies in Hong Kong and Union, New Jersey. Read More »

H.R. 6167 would harm US international trade

AJOT | October 14, 2010 | Liner Shipping

The World Shipping Council (WSC) has concluded its initial analysis of H.R. 6167, the 'Shipping Act of 2010,' which was recently introduced in the U.S. Congress. That bill proposes to substantially change the way that the international liner shipping indu Read More »

New Safmarine Regional Executive for Indian Subcontinent appointed; Safmarine Leadership Team now…

AJOT | October 12, 2010 | Liner Shipping

Safmarine announced the promotion of Bimal Kanal as their new Regional Executive for the Indian Subcontinent (ISC). The new region covers India, Sri Lanka, Nepal, The Maldives, Pakistan and Bangladesh.

 Read More »

NOL Group’s Widdows receives shipping honor

AJOT | October 12, 2010 | Liner Shipping

NOL Group CEO Ron Widdows has received the Connie Award from the Containerization and Intermodal Institute. The 50-year-old trade association promotes maritime interests and supports students interested in trade and transportation. Read More »

Shipping Corp of India files regulator application for FPO

AJOT | October 12, 2010 | Liner Shipping

State-run Shipping Corp of India said it has filed an application for its follow-on public offer with the stock market regulator. Read More »

CargoSmart launches EU ICS solution

AJOT | October 12, 2010 | Liner Shipping

CargoSmart Limited, a leading Software as a Service (SaaS) global shipping and logistics solutions provider, announced its Import Control System Solution for ocean carriers to comply with the upcoming European Union Regulation 1875/2006, also known as the Read More »

Maersk wins JC Penney International Supplier of the Year Award

AJOT | October 12, 2010 | Liner Shipping

Maersk Line has received the 2009 JC Penney International Supplier of the Year Award as part of the Purchasing Partnership Award for Supply Chain at the JC Penney Global Supplier Summit which was held in Hong Kong. The annual summit was attended by over Read More »

NOL carry 6% more cargo

AJOT | October 12, 2010 | Liner Shipping

Singapore's Neptune Orient Lines (NOL), the world's fifth-largest container shipping firm, said it carried six percent more containers in the four weeks to Sept 17 compared to a year ago. Read More »

Premium Article  Gearing up for regs on sanitary food transport

Peter Buxbaum | October 07, 2010 | Air Cargo | Intermodal | International Trade | Liner Shipping | Ports & Terminals | Transport Intermediaries

FDA announcement seeks industry input
Back in April, the Food and Drug Administration announced an Advance Notice of Proposed Rulemaking (ANPRM) on implementing the Sanitary Food Transportation Act of 2005. The announcement was described as Read More »

Yang Ming (America) Corp.  announces new US chassis policy

AJOT | October 07, 2010 | Liner Shipping

Effective November 1, 2010, Yang Ming (America) Corp., (YML), will no longer provide chassis for container transport to and from certain U.S. locations. This change is intended to increase cost effectiveness and turnaround efficiency, while importantly al Read More »

MOL pitches in to provide ocean transport of Children’s Clothing Donations for Tanzania

AJOT | October 07, 2010 | Liner Shipping

Mitsui O.S.K. Lines, Ltd announced that the company is joining the 'With All Our Hearts*1' international contribution project to recycle children's clothing, and will assist with transportation of the clothing. The project is sponsored by Japan's Ministry Read More »

APL named Asia’s top container shipping line for third straight year

AJOT | October 07, 2010 | Liner Shipping

For the third straight year, APL has been named Asian Container Shipping Line of the Year. The award was announced at the 12th annual Lloyd's List Asia awards. Read More »

APL volunteers to clear the air over Hong Kong

AJOT | October 07, 2010 | Liner Shipping

APL, the world's fifth-largest container shipping line, has volunteered to clear the air over Hong Kong. The carrier said today it will begin using cleaner-burning fuel in its 85 ships calling here weekly.

APL said the decision to use low-su Read More »

Seafreight to open 25-acre cargo terminal at Port Everglades

AJOT | October 07, 2010 | Liner Shipping

The Broward County Commission has awarded a 10-year cargo terminal lease to SeaFreight Agencies for a new 25-acre facility at Port Everglades. SeaFreight will be the Port's first tenant to begin operations on a new container yard that is nearing completio Read More »

Widdows and Hemingway honored at Connie Award dinner in Long Beach

AJOT | October 07, 2010 | Liner Shipping

Ronald Widdows, Group President and Chief Executive Officer of NOL, and Jon Hemingway, Chief Executive Officer of Carrix and SSA Marine, were awarded Connie Awards presented by the Containerization and Intermodal Institute (CII) at an industry-wide dinner Read More »

Evergreen’s Dr. Chang Yung-fa awarded

AJOT | October 07, 2010 | Liner Shipping

Evergreen Group Chairman Dr. Chang Yung-fa was named "Newsmaker of the Year" by the well-respected international marine magazine Lloyd's List in its award ceremony held in Singapore. Dr. Chang was recognized for having made the greatest impact on the deve Read More »

Hapag-LLoyd increases debt issue on strong demand

AJOT | October 03, 2010 | Liner Shipping

German container shipping company Hapag-Lloyd has placed about $700 million in senior notes in the capital market, 40 percent more than planned after attracting strong investor demand, a stakeholder in the firm said.

Hapag, the world's fifth- Read More »