TIACA elects Steen as Chairman

AJOT | February 01, 2011 | Air Cargo

Michael Steen, Executive Vice President & Chief Commercial Officer of Atlas Air Worldwide Holdings Inc, has been elected as the new Chairman of The International Air Cargo Association (TIACA).

He was previously Vice Chairman of the Association during Read More »

Hactl announces January tonnage throughput

AJOT | February 01, 2011 | Air Cargo

Hong Kong Air Cargo Terminals Limited (Hactl) released today its tonnage throughput for the first month of 2011. A total of 230,077 tonnes were handled in the month, representing a year-on-year growth of 8.2%. Export volume in January increased 6.6% again Read More »

CMA CGM and YILDIRIM: $500-million equity note issuance finalized

AJOT | February 01, 2011 | Liner Shipping

In accordance with the agreements signed on November 25, 2010 between CMA CGM Group and the Yildirim Group, CMA CGM announced that it has issued $500 million in Redeemable bonds, all of which were subscribed by the Yildirim Group.

This investment ena Read More »

Hamburg S’d changing chassis provisioning model in Philadelphia

AJOT | February 01, 2011 | Liner Shipping

Hamburg Sud North America, Inc. has announced that effective February 1, 2011, the company will revise its policies on provisioning of chassis in the Philadelphia region.

Under present practices, Hamburg S'd sources chassis from the Metro Chassis Pool Read More »

Hanjin Shipping re-routes container ships due to Egypt unrest

AJOT | February 01, 2011 | Liner Shipping

Hanjin Shipping was re-routing some of its container vessels due to the unrest in Egypt that has disrupted drydock operations at several ports, its chief executive said.

Seaborne traffic through Egypt's Suez Canal continued to run smoothly, industry o Read More »

NOL carries 26% more cargo in 7 weeks

AJOT | February 01, 2011 | Liner Shipping

Neptune Orient Lines said its container shipping volumes for the seven weeks to Dec 31 rose 26 percent from a year ago, helped by higher traffic on the intra-Asia and Asia-Europe routes.

NOL, the world's sixth largest container shipping firm, carried Read More »

Maersk halts Egypt port terminal operations

AJOT | February 01, 2011 | Liner Shipping

Danish shipping and oil group A.P. Moller-Maersk has suspended its Egypt port terminal operations and closed its shipping offices in the country rocked by turmoil. Read More »

Safmarine website goes mobile

AJOT | February 01, 2011 | Liner Shipping

Shipping line Safmarine has introduced a mobile website offering for its customers. This innovative new service (launched in November 2010) can be accessed by all major mobile devices* and smart phones. Read More »

TUI steps up Hapag-Lloyd IPO plans

AJOT | February 01, 2011 | Liner Shipping

TUI AG and a group of German investors are stepping up efforts to float container shipping group Hapag-Lloyd in the second quarter, four people familiar with the matter told Reuters.

"Analyst briefings are to start on Feb. 15," one of the people said, Read More »

Maersk halts Ivorian cocoa exports

AJOT | February 01, 2011 | Liner Shipping

Danish shipping company Maersk has halted cocoa exports from Ivory Coast and stopped taking new orders for imports to the country, in line with European Union restrictions, an official at the company said.

Maersk is the main shipper of Ivorian cocoa b Read More »

Horizen Lines provides rapid 15-day transit time for cargo transported between China and Kansis City

AJOT | February 01, 2011 | Liner Shipping

Horizon Lines announced it has instituted a 15-day transit schedule for containerized cargo shipped from Shanghai to Kansas City with its new International service. The company launched the Five-Star Express (FSX) trans-Pacific ocean service between China Read More »

CMA CGM upgrades ACSA service between Asia, Mexico, Central America & South America West Coast

AJOT | February 01, 2011 | Liner Shipping

CMA CGM announced the upgrading and reinforcement of its ACSA service linking Asia to Mexico, Central America and the West Coast of South America.

This new configuration will enable CMA CGM to consolidate its presence in the Asia / Mexico / Central an Read More »

Sea Star Line recognized for environmental excellence

AJOT | February 01, 2011 | Liner Shipping

Sea Star Line, Inc. has been named as an environmental award winner by the Chamber of Shipping of America (CSA).

The awards were announced at a dinner ceremony in the Ronald Reagan Building in Washington, DC on Veterans Day, November 11. Maritime Admi Read More »

Geest Line first to submit Impatex ICS declaration

AJOT | February 01, 2011 | Liner Shipping

A shipping line was the first Impatex customer to submit a live ICS declaration using the company's NetFreight web-based forwarding and customs system. The entry was performed on the first working day of 2011, the launch date for the new regime. Read More »

Sungdong Shipbuilding wins $583 mlllion order

AJOT | February 01, 2011 | Liner Shipping

South Korea's small and medium-sized shipbuilder Sungdong Shipbuilding and Marine Engineering Co Ltd said it had won orders worth 650 billion won ($582.6 million) to build 6 large container ships from Switzerland-based Mediterranean Shipping Co (MSC) and Read More »

FESCO Transportation Group carries forestry excavators to the Far East

AJOT | January 23, 2011 | Breakbulk & Projects

FESCO Transportation Group, the number one logistics provider to Russia, announced that it has recently been transporting Deere Hitachi forestry excavators from the Port of Everett to John-Deere Construction and Forestry in Russia.

Deere-Hitachi Speci Read More »

Indian steelmaker SAIL books vessel to import U.S. coal

AJOT | January 23, 2011 | Breakbulk & Projects

Steel Authority of India Ltd, the country's largest steel producer, has booked a 75,000-ton dry bulk carrier to ship coal from the U.S. East Coast to India, according to Reuters Freightviews.

The fixture was set for loading in Newport News, Virginia, Read More »

Somali pirate threat diverting grains shipments

AJOT | January 23, 2011 | Breakbulk & Projects

Grains shipments are being diverted around Africa as Somali pirate gangs strike deeper at sea increasing journey times and potentially lifting insurance costs at a time of unrest over food prices.

Pirates operating off the Horn of Africa are threateni Read More »

Rickmers-Linie appoints Gerleinco as agent in Colombia

AJOT | January 23, 2011 | Breakbulk & Projects

Rickmers-Linie, the Hamburg-based specialist for breakbulk, heavy lift and project cargo, has appointed Gerleinco SA, Bogota, as agent for its activities in Colombia with immediate effect.

Gerhard Janssen, Director Marketing & Sales, Rickmers-Linie, c Read More »

Arctic iron mine raises concerns over ship traffic

AJOT | January 23, 2011 | Breakbulk & Projects

A truce called in a bidding war for Canada's Baffinland Iron Mines sets the stage for an environmental battle over the Arctic project and the impact of shipping the ore through ocean ice to world markets.

The development, on the drawing boards for dec Read More »