Third MD11 for Cargoitalia

AJOT | June 13, 2010 | Air Cargo

Cargoitalia, Italy's freighter operator, has taken delivery of its third MD11 freighter aircraft. The aircraft's arrival marks the satisfactory conclusion of the airline's first phase of development, which began with its successful re-launch under new own Read More »

Korean Air: number one global cargo airline 6 years in a row

AJOT | June 13, 2010 | Air Cargo

New statistics indicate Korean Air maintained and improved top traffic records in 2009.

According to the International Air Transport Association (IATA), Korean Air topped the global rankings for commercial airline cargo operations for the six Read More »

Atlas Air says finance chief leaving

AJOT | June 13, 2010 | Air Cargo

Cargo carrier Atlas Air Worldwide Holdings Inc named a new chief financial officer to succeed Jason Grant, who is leaving to take a job with a private company in the domestic maritime shipping sector. Read More »

CMA CGM launches a new direct service between Asia, India and Pakistan

AJOT | June 13, 2010 | Liner Shipping

CMA CGM announced the launch of the NEW CIMEX 2 service linking Asia /China to India and Pakistan, operated in partnership with Maersk Line.

The NEW CIMEX 2 aims at providing CMA CGM customers with a high quality service thanks to: Read More »

Rickmers-Linie launches new breakbulk service linking North Asia with South America and the US East

AJOT | June 09, 2010 | Breakbulk & Projects

Rickmers-Linie, the breakbulk, heavylift and project cargo specialist headquartered in Hamburg, has launched a new service linking North Asia with South America and the US East Coast. Four vessels, each capable of lifting 120-ton indivisible loads and fea Read More »

MAGDENLI in heavy tramway projects in Turkey and Italy

AJOT | June 09, 2010 | Breakbulk & Projects

CEE members from Ankara, Turkey, MAGDENLI TRANSPORT & TRADE CO., recently successfully transported 36 units of tramways, each having dimensions of 2850 x 265 x 345 cm / 35 tons from Trieste port, Italy to Istanbul. (Picture: Magdenli_Trieste) Read More »

GAC helps Sri Lanka government upgrade its rail network

AJOT | June 09, 2010 | Breakbulk & Projects

GAC Sri Lanka has played a key role in the forty-five kilometers rail track rehabilitation between Galle and Matara. Managed by IRCON International Limited, the project is the beginning phase of government's plan to upgrade a section of approximately 120 Read More »

Somali troops storm cargo ship, pirates kill captain

AJOT | June 09, 2010 | Breakbulk & Projects

Soldiers from Somalia's Puntland region stormed a Panama-flagged cargo vessel held by pirates, but gang members killed the captain in the operation, a minister said.

"Our troops stormed the Panama-flagged vessel and engaged the pirates. There Read More »

TAN Salvage and Remolcadores Ultratug safely re-float a 26,800 DWT bulk carrier in Chile

AJOT | June 09, 2010 | Breakbulk & Projects

TITAN Salvage and Remolcadores Ultratug worked together to safely re-float the M/V Laurel, a 26,800-deadweight-ton bulk carrier, which was in a dry dock undergoing routine maintenance in Talcahuano, Chile in February when an 8.8-magnitude earthquak Read More »

Dry bulk freight rates may fall later in 2010

AJOT | June 09, 2010 | Breakbulk & Projects

Dry bulk freight rates for large ships, which have been volatile in the past few months, are likely to weaken later this year as new vessels enter the market, the International Grains Council said. Read More »

Konecranes closes factory in Windsor, WI, USA

AJOT | June 09, 2010 | Ports & Terminals

Konecranes will close its assembly plant in Windsor, WI, by the end of October 2010. Konecranes expects to book largely lease-related restructuring costs of EUR 3 million due to the factory closure in the second quarter of 2010. Read More »

Statistics on vessels, port cargo and containers for first quarter 2010

AJOT | June 09, 2010 | Ports & Terminals

The Census and Statistics Department (C&SD) of the Hong Kong Special Administrative Region Government released statistics on vessels, port cargo and containers for the first quarter of 2010.

In the first quarter of 2010, total port cargo thro Read More »

China stock regulator approves Ningbo Port IPO plan

AJOT | June 09, 2010 | Ports & Terminals

Ningbo Port Co has obtained preliminary regulatory approval from China's stock regulator to launch an initial public offering in Shanghai expected to be worth around 13 billion yuan ($1.9 billion). Read More »

Extra space will be made for larger container ships and dry bulk at Rotterdam

AJOT | June 09, 2010 | Ports & Terminals

ECT, EMO and the Port of Rotterdam Authority have made agreements for the further development of their commercial activities on the existing Maasvlakte. At the beginning of 2011, a start will be made on widening the Amazonehaven. At the same time, EMO wil Read More »

Port of Long Beach, Army Corps launch harbor deepening project

AJOT | June 09, 2010 | Ports & Terminals

A $40 million project deepening the Port of Long Beach Main Channel to allow safer transit for the largest ships including oil tankers was officially kicked off by the Port and the U.S. Army Corps of Engineers. Read More »

China soy imports fill storage, delay unloading

AJOT | June 09, 2010 | Ports & Terminals

The large quantity of soybean cargoes arriving in China since late May has swamped ports and filled their storage to capacity, delaying unloading for newly-arrived soy cargoes, traders said.

China, the world's largest soy importer, is likely Read More »

Port Commissioner named to US committee on trade

AJOT | June 09, 2010 | Ports & Terminals

Maryland Port Administration (MPA) Commissioner Peta N. Richkus has been appointed to a four-year term as a member of the Intergovernmental Policy Advisory Committee on Trade by the Office the United States Trade Representative. The 29-member committee is Read More »

Port of Mobile remains open

AJOT | June 09, 2010 | Ports & Terminals

The Port of Mobile remains open to commercial traffic with no anticipated closures or delays expected from the DEEPWTER HORIZON oil spill. “We absolutely see no reason to close this port or divert traffic,” says James K. Lyons, director and CEO for the Al Read More »

Georgia Ports Authority wins Bronze Anvil Award

AJOT | June 09, 2010 | Ports & Terminals

The Georgia Ports Authority (GPA) was awarded the coveted 2010 Bronze Anvil Award from the Public Relations Society of America (PRSA) for superior performance in the design and execution of an individual public relations tactic within a broader public rel Read More »

Port Administation signs lease for land at Dundalk Marine Terminal

AJOT | June 09, 2010 | Ports & Terminals

The Maryland Port Administration (MPA) announced that Ceres Terminals Incorporated has signed a lease for 12 additional acres at the Port of Baltimore’s Dundalk Marine Terminal. Read More »