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Premium Article  StederGroup demobilizes giant Hammer set ex UK

AJOT | November 07, 2010 | Breakbulk & Projects

After completion of piling foundations for a windfarm park in the Irish Sea, StederGroup, a member to the Cargo Equipment Expert CEE network in The Netherlands, was ordered to arrange the return transport of the giant hammer set consisting of a 150 mtons Read More »

Premium Article  Role of subrogation often overlooked but can save cargo owners money

AJOT | November 07, 2010 | Transport Intermediaries

Editor’s Note: Rick Bridges is an insurance industry veteran working as an insurance broker for Roanoke Trade specializing in cargo insurance, credit insurance, training/education and sales support for New England and Canada. He works closely wi Read More »

Premium Article  China ramps up wind exports but global downturn is dampening demand

Stas Margaronis | November 07, 2010 | Breakbulk & Projects | Energy | Alternative | International Trade

Although the global recession has dampened demand there are still more answers blowing in the wind.

China is a growing force in the wind industry and three exporters are taking the lead in selling Chinese wind turbines in the United Stat Read More »

Premium Article  For paper and pulp handlers, sometimes timing is everything

Karen Thuermer | November 07, 2010 | International Trade | Transport Intermediaries

B. W. (Bill) Franks, CEO and President, The CrossGlobe Group, headquartered in Glen Allen, VA, is feeling optimistic. Not only does he believe the market for pulp and certain paper products is going to rebound; he is convinced his company is well position Read More »

Premium Article  Mining equipment market indicates healthy outlook

Karen Thuermer | November 07, 2010 | Breakbulk & Projects | International Trade

Good news for break bulk shippers of mining equipment: market intelligence reports that the mining equipment market is expected to remain healthy through the rest of the current decade. The reason, they cite, is strong demand for commodities being generat Read More »

Premium Article  Watchword for oil and gas: uncertainty

Peter Buxbaum | November 07, 2010 | Breakbulk & Projects | Energy | International Trade

Markets characterized by regional differences
The recently expired six-month moratorium imposed by the Obama administration on deep water drilling in the Gulf of Mexico should provide a boost to an industry that has been slammed from more th Read More »

Premium Article  WWPC experts contracted for operation in Saudi Arabia

AJOT | November 07, 2010 | Breakbulk & Projects

Steder Group, a member to the Worldwide Project Consortium WWPC in The Netherlands, was awarded a contract for logistics to replacement cracking furnace in Yanbu, Saudi Arabia. This cracking furnace is a replacement since the original got damaged. Hence, Read More »

Premium Article  CN and NASCO announce construction of Chicago steel transloading facility

AJOT | November 07, 2010 | Intermodal | Transport Intermediaries

CN and North America Stevedoring Company, LLC (NASCO) announced construction of a new multi-modal steel transloading facility in Chicago, the North American hub for steel transportation. NASCO is a division of Quebec Stevedoring Company Ltd. (QSL). Read More »

Premium Article  Frangou and Ambrosov join UK P&I Club board

AJOT | November 07, 2010 | Liner Shipping

Two directors were elected to the Board of the UK P&I Club at the AGM in Shanghai. Angeliki Frangou is Chairman of the Board and CEO of Navios Maritime Holdings Inc, Athens and of its affiliates Navios Maritime Partners LP and Navios Maritime Acquisition Read More »

Premium Article  Choppy waters as shippers navigate shifting rates

AJOT | November 07, 2010 | Breakbulk & Projects | International Trade | Liner Shipping

Weak daily freight rates remain a headwind for tanker companies, while dry cargo operators will likely see some upside as minor bulks and coal drove up rates for smaller vessels in July-September.

The Baltic Exchange's main sea freight index -- which Read More »

JAXPORT sets container volume record in 2010

AJOT | November 07, 2010 | Ports & Terminals

Total tonnage up 10 percent; 10th consecutive year of record revenues
The Jacksonville Port Authority (JAXPORT) moved a record number of containers in fiscal year 2010 -- the second consecutive year of container growth for the seaport -- and marked Read More »

ICTSI 9 month income up 97% to US$73 million

AJOT | November 07, 2010 | Ports & Terminals

International Container Terminal Services, Inc. (ICTSI) reported consolidated unaudited financial results for the nine months ending September 30, 2010, posting revenue from port operations of US$380.6 million, an increase of 27 percent over the US$299.3 Read More »

Konecranes expands in Africa acquires company in Morocco

AJOT | November 07, 2010 | Ports & Terminals

Konecranes recently acquired 100 percent of the shares in port crane service

and modernization company Techniplus S.A.R.L. in Morocco. This is Konecranes' first acquisition in North Africa. Techniplus has 120 employees and net sales of EUR 7 mi Read More »

ICTSI names new head for Georgia unit

AJOT | November 07, 2010 | Ports & Terminals

International Container Terminal Services, Inc. (ICTSI) announces the appointment of Jan Nowak as Chief Executive Officer and General Manager of the Batumi International Container Terminal LLC (BICT), manager, operator and developer in the Port of Batumi Read More »

Construction of Maasvlakte 2 running like clockwork

AJOT | November 07, 2010 | Ports & Terminals

Since work started on the construction of Maasvlakte 2 two years ago, 170 million m3 of sand has been brought in. That is more than would be needed to fill the Rotterdam - Fyenoord soccer stadium to the brim 100 times. At the height of the ‘sand operation Read More »

Dutch ports to reward clean ships

AJOT | November 07, 2010 | Ports & Terminals

As of 1 January 2011, the ports of Amsterdam, Moerdijk, Dordrecht and Rotterdam will be rewarding clean ocean-going vessels with discounts on their port dues. This involves vessels which score well on the Environmental Ship Index (ESI). This is a new inte Read More »

Essar Ship port revenue seen thrice FY11

AJOT | November 07, 2010 | Ports & Terminals

India's Essar Shipping Ports & Logistics is aiming to boost its revenue from its port operation to as much as three times its 2011 fiscal year forecast of $173 million within next three years.

The growth would be driven by higher capacity of its ports Read More »

Bridge replacement earns State approval
with $950 million funding in place

AJOT | November 07, 2010 | Ports & Terminals

The California Transportation Commission approved the Port of Long Beach’s funding and building plans for the Gerald Desmond Bridge Replacement Project, clearing the way for the Port and Caltrans to seek firms to design and construct the $950 million span Read More »

Cosan invests to boost Brazil port sugar capacity

AJOT | November 07, 2010 | Ports & Terminals

The world's top sugar exporter, Brazil's Cosan , plans to hike capacity at its sugar terminals at the country's largest port after a surge in demand this year led to long queues of ships waiting to load. Read More »

National Retail Systems implements innovative nationwide safety program

AJOT | November 07, 2010 | Intermodal

National Retail Systems, Inc. (NRS), a leading provider of logistics services to U.S. retailers, pharmaceutical companies and consumer goods manufacturers, has launched a new safety program to install the GreenRoad 360(tm) driving decision support service Read More »

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