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OOCL Tokyo christened at Geoje Shipyard

AJOT | January 14, 2007 | Breakbulk & Projects

The newbuilding was christened the m.v. OOCL Tokyo, by the honorable sponsor Mrs. Maria Smith, wife of Mr. Michael Smith, President and CEO of the Hong Kong & Shanghai Banking Corporation, at the Geoje Shipyard Quay No. 6, Geoje Island, Korea. Read More »

GPA emphasizes customer service; upgrades ports

AJOT | January 14, 2007 | Breakbulk & Projects

While competition remains heated among US East Coast ports, Georgia Ports Authority (GPA) is steam rolling ahead. A milestone, fiscal year 2006 (ending June 2006) saw GPA handle a record 2,041,846 teus, thereby making its Port of Savannah the fourth large Read More »

US-Panama Business Council honors C. Thomas Burke

AJOT | January 14, 2007 | Breakbulk & Projects

Mr. Burke was recognized for his leadership in bringing the Panama Canal Alternative Study Commission work in on time and under budget. The $20 million 'Tripartite' Study (Japan-Panama-US) recommended a "Third Set of Locks" option as the most viable for Read More »

Port of Vancouver, USA welcomes M/V STAR JAVA on maiden voyage

AJOT | January 14, 2007 | Breakbulk & Projects

Port of Vancouver, USA recently welcomed the M/V Star Java, captained by Edilberto F. Cruz from the Philippines, on her maiden voyage to Vancouver, Washington. The M/V Star Java is owned by Grieg Shipping of Bergen, Norway; operated by Star Shipping, and Read More »

BNSF system gets ETMS approval

AJOT | January 14, 2007 | Intermodal

The Federal Railroad Administration announced that it had approved Burlington Northern Santa Fe's Electronic Train Management System (ETMS) for use on some of its network. The system uses a digital communications network and a global positioning system to Read More »

Landstar named ‘Best Managed’ transportation company in America

AJOT | January 14, 2007 | Intermodal

Landstar System, Inc., a safety-first non-asset based provider of transportation capacity and logistics services, was rated America's 'Best Managed Company' in the Transportation category by Forbes magazine. 2007 marks the eighth consecutive year that Lan Read More »

Steel imports spur recovery of New Orleans

AJOT | January 14, 2007 | International Trade

Imported steel comprises about 45% of the Port of New Orleans' annual general cargo and yearly revenue stream. However, import restrictions on this valuable cargo nearly crippled the Port of New Orleans and many other ports throughout the nation in 2002 a Read More »

Brazil plans trade incentives for neighbors

AJOT | January 14, 2007 | International Trade

The Brazilian government is preparing to offer a series of trade incentives for South American neighbors Bolivia, Uruguay and Paraguay, the Brazilian financial newspaper Valor Economico reported. Read More »

Taiwan Dec. exports strong; may slow in ‘07

AJOT | January 14, 2007 | International Trade

Taiwan's exports grew faster than expected in December on steady sales of the island's electronic products and stronger-than-expected demand for base metal products in China and Europe. Read More »

Malaysia, US resume FTA talks

AJOT | January 14, 2007 | International Trade

The fourth round of talks over the Malaysia-US free trade agreement (FTA) took place in San Francisco last week. The US is adopting a pragmatic approach in its FTA negotiations with Malaysia, and it is keen to conclude the negotiations on a successful not Read More »

US dollar must fall more to ease imbalances

AJOT | January 14, 2007 | International Trade

The US dollar needs to depreciate more against other major currencies to ease unsustainable trade and current account imbalances, a panel of influential economists said during a meeting of the American Economics Association. Read More »

IATA results show sluggish int’l freight traffic

AJOT | January 14, 2007 | Air Cargo

The International Air Transport Association (IATA) released its November traffic results that showed year-on-year international passenger traffic growth recovered to 6.7%, the highest growth rate recorded since May. International freight traffic growth fo Read More »

UAE’s Etihad Airways wins Australia flying rights

AJOT | January 14, 2007 | Air Cargo

Gulf Arab states, reaping a windfall from a tripling in oil prices since 2001, are expanding their airlines and using their Middle East hubs to carry more passengers and cargo between Europe and Asia. That is boosting competition for rivals such as Singap Read More »

AirBridge Cargo Airlines becomes first Russian member of Cargo 2000

AJOT | January 14, 2007 | Air Cargo

As the scheduled cargo airline of Volga-Dnepr Group, ABC commenced operations in 2004. With a fleet of Boeing 747 freighters, it carried more than 80,000 tons of cargo in 2006, generating sales revenues in excess of US$230 million. The airline currently o Read More »

Maersk rate hike East Coast South America-Europe trade

AJOT | January 14, 2007 | Liner Shipping

Maersk Line will increase the rates on the northbound trade from the East Coast of South America to Europe. The increase will apply for all dry cargo under Maersk Line tariffs and service contracts as agreed with our customers individually. Read More »

Evergreen to launch new FRS service with Coscon

AJOT | January 14, 2007 | Liner Shipping

Evergreen Marine Corp. and COSCON (Cosco Container Lines) will launch a new Far East-Red Sea service, further enhancing joint services with the mainland China-based ocean carrier. Read More »

Crowley Maritime christens the Marty J

AJOT | January 14, 2007 | Liner Shipping

Crowley Maritime Corporation christened the Marty J, the first of three Heavy Lift 455 Series barges, which have been under construction at Gunderson Marine in Portland, Oregon. The three 400-foot by 105-foot-wide deck barges are being built to be utilize Read More »

Wilmington, DE welcomes first Chilean fruit ship of 2006-2007 season

AJOT | January 07, 2007 | Breakbulk & Projects

The Port of Wilmington, Delaware welcomed this year's first shipment of Chilean winter fruit onboard Pacific Seaways' specialized reefer vessel, m/v Prince of Tides, on December 13. Wilmington, Delaware is the nation's leading marine terminal for imports Read More »

VPA, New World Alliance agree to 10-year deal

AJOT | January 07, 2007 | Breakbulk & Projects

The Virginia Port Authority (VPA) announced that its operating company, Virginia International Terminals Inc. (VIT), signed a 10-year agreement with its third largest customer, the New World Alliance. Read More »

Port of Tacomaa and ISL offer

AJOT | January 07, 2007 | Breakbulk & Projects

Determining the capacity of an intermodal yard, once a complex and time-consuming task, has been greatly simplified with a "plug-and-play" software package jointly developed by the Port of Tacoma and the Institute of Shipping Economics and Logistics (ISL) Read More »

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