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 »

Hedge funds see opportunity in volatile ship sector

AJOT | October 03, 2010 | Breakbulk & Projects

Hedge funds and private equity firms are investing billions of dollars in the global maritime industry, attracted to the freight market's high volatility and cyclical risks, a hedge fund executive said.

Hedge funds are looking at the recent d Read More »

Diana Shipping to get $82.6 mlllion loan from Chinese bank

AJOT | October 03, 2010 | Breakbulk & Projects

Greek drybulk carrier Diana Shipping said it signed a 10-year loan agreement with the government owned Export-Import Bank of China for $82.6 million. Read More »

Dockwise announces $33 million in Heavy Marine Transport awards

AJOT | October 03, 2010 | Breakbulk & Projects

Dockwise Ltd. announces nine awards for Heavy Marine Transport (HMT) that have recently been secured by its subsidiary Dockwise Shipping with a total contract value of $33 million. Read More »

Big Canadian domestic fleet renewal on horizon

AJOT | October 03, 2010 | Ports & Terminals

In a major development for enhancing the competitiveness of the domestic shipping industry, the Canadian government has announced a waiver of a longstanding 25% tariff on imports of all general cargo vessels and tankers as well as ferries longer than 129 Read More »

Long Beach City Council upholds bridge EIR
$1 billion plan

AJOT | October 03, 2010 | Ports & Terminals

The Long Beach City Council has upheld the Port of Long Beach’s plans to replace the aging Gerald Desmond Bridge, clearing the way for the nearly $1 billion project that will improve safety, ease traffic congestion and create thousands of construction job Read More »

New terminal opened at Kiel’s Schwedenkai

AJOT | October 03, 2010 | Ports & Terminals

Kiel now has a new architectural landmark. The 13-story terminal at Schwedenkai, two years in the building, was officially inaugurated at a ceremony on October 1st. Peter Harry Carstensen, the Minister President of the federal German state of Schleswig-Ho Read More »

Jeffersonville port is first in state to receive new Foreign-Trade Zone designation

AJOT | October 03, 2010 | Ports & Terminals

The U.S. Department of Commerce has approved a new foreign-trade zone designation for the Port of Indiana-Jeffersonville that expands Foreign-Trade Zone #170 from 1,000 acres to a six-county area and streamlines the process for businesses to apply for a z Read More »

Port of Gdynia Authority and HPH’s Gdynia Container Terminal team up to develop deepwater berth

AJOT | October 03, 2010 | Ports & Terminals

The Port of Gdynia Authority and Gdynia Container Terminal (GCT) have signed an agreement to jointly develop a deepwater berth at the Bulgarskie Wharf of the Port of Gdynia. Read More »

Boston’s Leone passes AAPA gavel to Reixach of Port Freeport, TX

AJOT | October 03, 2010 | Ports & Terminals

A cooperative approach is critical to continuing advancement of Western Hemisphere seaports, according to both the immediate past chairman of the American Association of Port Authorities and his successor.

- By Paul Scott Abbott, AJOT Read More »

CSAV begins new car carrier service from Port Everglades

AJOT | October 03, 2010 | Ports & Terminals

Chilean line Compañ­ίa Sud Americana de Vapores (CSAV) has started its first vehicle carrier service at Broward County's Port Everglades. CSAV's new Pure Car Carrier (PCC)/Pure Truck Carrier service sails every other week from Port Everglades using F Read More »

CN reaches contract deal with train crews

AJOT | October 03, 2010 | Intermodal

Canadian National Railway and the union representing 2,700 conductors, trainmen and yard crews reached a tentative deal, averting a possible labor showdown at Canada's largest rail carrier.
br />The railroad said the agreement was for a three-year Read More »

RailAmerica inks new deal with Canadian Pacific

AJOT | October 03, 2010 | Intermodal

Short-line railroad operator RailAmerica Inc said its unit RaiLink Canada signed a five-year deal with Canadian Pacific Railway to operate a portion of the Ottawa Valley Railway (OVRR) line. Read More »

FTR’s Trucking Conditions Index continues upward trend

AJOT | October 03, 2010 | Intermodal

FTR's Trucking Conditions Index edged higher in August to a reading of 2.3. The Trucking Conditions Index is a compilation of factors affecting trucking companies; and the August reading, which is the sixth consecutive reading in positive territory, refle Read More »

ABF becomes only six-time Winner of the ATA President’s Trophy for Safety

AJOT | October 03, 2010 | Intermodal

ABF Freight System, Inc.', has become the only six-time winner of the transportation industry's most prestigious safety award, the American Trucking Associations (ATA) President's Trophy. The award was presented during the ATA Safety Management Council's Read More »

Fortress Paper gets two contracts in China

AJOT | October 03, 2010 | International Trade

Fortress Paper Ltd entered into agreements to supply dissolving pulp to two producers of rayon products in China, as the Canadian company looks to hedge against a volatile pricing environment.

The Vancouver, British Columbia-based maker of specialty p Read More »