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Ex-Soviet customs union members agree economic policy

AJOT | November 23, 2010 | International Trade

Russia, Belarus and Kazakhstan signed on Friday a macroeconomic policy coordination agreement, a key part of their drive to create a free trade zone in 2012.

Government sources told Reuters that the agreement between the customs union members Read More »

Logwin and Chapman Freeborn demonstrate heavy lift expertise with 360 ton project

AJOT | November 23, 2010 | Air Cargo

The logistics service provider Logwin managed a gigantic transportation project in collaboration with Chapman Freeborn in October 2010 when it flew pipe systems weighing a total of 360 tonnes 13,000 kilometers from G'teborg in Sweden to Santiago de Chile Read More »

Hainan taps ANS for NY and Chicago

AJOT | November 23, 2010 | Air Cargo

Airline Network Services has assumed cargo sales and booking activities in the New York and Chicago markets for Hainan Airlines' China-bound operation out of Toronto.

Jens Tubbesing chief executive of the cargo service agency, who issued the Read More »

Crowley vessels honored with CSA Environmental Achievement Awards

AJOT | November 23, 2010 | Liner Shipping

Crowley Maritime Corporation was recently honored with 85 Certificates of Environmental Achievement for 2010 during a Chamber of Shipping of America awards ceremony in Washington, DC. The certificates were awarded to Crowley-owned and -operated vessels fo Read More »

TSA recommended 2011-12 program focuses on revenue stability

AJOT | November 23, 2010 | Liner Shipping

After two quarters of healthy revenues, an early end to the transpacific peak season has left that trade lane lagging relative to other Asia container markets, while operating costs continue to rise. Member shipping lines in the Transpacific Stabilization Read More »

Matson’s 2011 Westbound Hawaii Service rates to increase

AJOT | November 23, 2010 | Liner Shipping

Matson Navigation Company announced today that it will raise its rates for the company's Hawaii service by $120 per westbound container and $60 per eastbound container, effective January 2, 2011. Matson estimates that this increase will raise rates by an Read More »

Premium Article  FMT maximizes niche position in North American terminals

George Lauriat | November 21, 2010 | People | Interviews | Ports & Terminals

FMT has terminals spread throughout the US East Coast/Gulf Coast and in the Great Lakes. The company’s unique mix of services and commodities has helped weather the storm.

By George Lauriat, AJOT Read More »

Premium Article  Terminal Operators 2010

George Lauriat | November 21, 2010 | Ports & Terminals

Good Riddance to ’09 but what lies beyond?

Marine terminal operators were happy to say goodbye and good riddance to 2009. But the rebound in box numbers is still chancy with too many economic caveats in the forecast to be comfortable. Read More »

Premium Article  Global Ports making the most of the Russian market

George Lauriat | November 21, 2010 | Ports & Terminals

Editor’s Note: Global Ports Investments PLC (“GPI”) is a leading container terminals operator in Russia with a market share of over 19% of all container traffic at Russian ports in 2009. GPI operates three container terminals in Russia (Petroles Read More »

Premium Article  Do three box ports for Nova Scotia make sense?

Leo Ryan | November 21, 2010 | Ports & Terminals

By Leo Ryan, AJOT

Does it make logistics/business sense for Nova Scotia, located far from inland markets in North America and with a small local market, to be the possible home by 2013 for two proposed new container terminals ca Read More »

Premium Article  Logistics play key role for Russell Newman Brands

George Lauriat | November 21, 2010 | International Trade | Transport Intermediaries

Sustainability is a very big part of Russell Newman’s supply chain strategy.

Paul McCormack, Director of Imports for Russell Newman Brands, a New York-based manufacturer and distributor of underwear for women and children as well as ro Read More »

Premium Article  Changing trends: Is July the new October for apparel shippers?

Karen Thuermer | November 21, 2010 | International Trade

By Karen E. Thuermer, AJOT
For those in the textile and apparel trade, peak season came early this year.

Traditionally, the higher imported volume of clothing, known in the industry as Peak Season, occurs in October so t Read More »

Premium Article  Shippers at industry forum look to more intermodal alternatives

Paul Scott Abbott | November 21, 2010 | Intermodal

Major shippers are increasingly looking to Canadian and Mexican ports to provide alternatives to traditional U.S. West Coast gateways, according to top shipper logistics executives speaking last week at freight transportation’s leading U.S. forum.
Read More »

Premium Article  Global transportation and logistics sector M&A deal volume in Q3 2010 flat

AJOT | November 21, 2010 | Intermodal | International Trade | Transport Intermediaries

In the third quarter of 2010, the number of merger and acquisition (M&A) deals announced in the global transportation and logistics (T&L) sector remained above the pace of 2009 and approximates the pace of the year-to-date period, with 31 deals in Q3 comp Read More »

Grains have increasing impact on shipping market

AJOT | November 21, 2010 | Breakbulk & Projects

Grains trades have increased volatility in the global dry bulk shipping market and will start to support freight rates from 2012, ship broker Howe Robinson's joint chairman said.

Deliveries of new bulkers ordered before global turmoil in 2008 Read More »

Dry bulk shipping to stay pressured

AJOT | November 21, 2010 | Breakbulk & Projects

Expectations of slower Chinese commodity imports and fleet growth will keep the dry bulk market under pressure next year, while sluggish demand will weigh on the tanker sector, Citigroup's head of shipping said.

Freight players are watching for furthe Read More »

DryShips’ results beat as drilling bet pays off

AJOT | November 21, 2010 | Breakbulk & Projects

Over two years of funneling money into its relatively new drilling segment finally seems to be paying off for DryShips Inc , as strength at that segment propelled the company's third-quarter results.

DryShips also signaled rosy days for its d Read More »

China seen turning to more DDGs imports

AJOT | November 21, 2010 | Breakbulk & Projects

China, already the world's largest importer of distillers' dried grains, a by-product of ethanol, has the potential to take a lot more imports as more feed mills use it to replace corn and protein meals, industry officials said.

Imports of di Read More »

Diana Shipping announces delivery of the M/V Alcmene and time charter contract for M/V Aliki

AJOT | November 21, 2010 | Breakbulk & Projects

Diana Shipping Inc., a global shipping transportation company specializing in dry bulk cargoes, announced that the Company has today taken delivery of the m/v "East Sunrise 88," renamed "Alcmene," a 93,193 dwt Post-Panamax dry bulk carrier built in 2010. Read More »

MOL starts Vietnam tugboat business

AJOT | November 21, 2010 | Ports & Terminals

Mitsui O.S.K. Lines, Ltd. announced that the company has established a joint venture with two local companies in Vietnam and started a tugboat business. Read More »

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