Exports, weak euro offer battered Greek economy hope

AJOT | May 16, 2010 | International Trade

A concerted export drive in tandem with a weaker euro may offer the Greek government its best combination shot at economic salvation as it looks to drag a country mired in debt and protectionism into a free market world. Read More »

India security jitters rattle growing China ties

AJOT | May 16, 2010 | International Trade

India's ban on imports of Chinese telecommunications equipment over spying fears underscores deep mistrust of its neighbour but is unlikely to derail cooperation between the world's two fastest growing economies. Read More »

US.-Central American trade showing slight improvement under CAFTA

AJOT | May 16, 2010 | International Trade

Trade between the United States and the seven nations of Central America is showing a slight uptick coinciding with the fourth anniversary of the Central American Free Trade Agreement (CAFTA). While CAFTA has helped foster trade to a limited extent betwe Read More »

China Web ‘firewall’ should be WTO issue

AJOT | May 16, 2010 | International Trade

China's Internet "firewall" is a trade barrier and needs to be tackled within the framework of the World Trade Organization, Neelie Kroes, vice-president of the European Commission, told reporters in Shanghai.

Dutch-born Kroes, who is also in Read More »

Russia seeks trade shift from crisis

AJOT | May 16, 2010 | International Trade

Russia needs to urgently re-route exports from low-growth Europe to other, faster-expanding markets, Economy Minister Elvira Nabiullina said as Moscow sought to distance itself from the crisis-hit region. Read More »

Brazil, Russia plan to boost trade, investment

AJOT | May 16, 2010 | International Trade

Brazilian President Luiz Inacio Lula da Silva called for closer business and investment ties with Russia, saying the two BRIC states should use their own currencies for trade, not the dollar.

"From 2002 to 2008, trade between Russia and Brazi Read More »

China may become top importer of DDGs from US

AJOT | May 16, 2010 | International Trade

China's insatiable demand for protein helped make the country the No. 2 export destination of U.S. distillers' grains in the first months of 2010 and it could overtake Mexico as the top export destination by the end of the year.

China will li Read More »

Malaysia: stronger ringgit not a problem for exporters

AJOT | May 16, 2010 | International Trade

Malaysia's forecast for double-digit growth in exports this year remains on track despite a stronger ringgit and the crisis in the euro zone, International Trade Minister Mustapa Mohamed said.

"It is not going to have a big impact. We don't t Read More »

Aloha Air Cargo promotes Rosa to COO

AJOT | May 16, 2010 | Air Cargo

Aloha Air Cargo announced today the promotion of Patrick D. Rosa to chief operating officer. Rosa previously served as the company's vice president of maintenance and has been employed with Aloha Air Cargo and its predecessor, Aloha Airlines, for more tha Read More »

Two additional calls for CMA CGM Asia - Gulf of Mexico service (PEX 3)

AJOT | May 16, 2010 | Liner Shipping

Mobile, USA (Alabama) and Pusan, Korea are the two new calls that will beadded to the PEX3 service (Asia-Gulf of Mexico) effective May 20, 2010.

This upgrade will allow:

  • A wider port coverage with the best transit times between Asi Read More »

Singapore NOL says Q1 net loss at $98 million, sees FY profit

AJOT | May 16, 2010 | Liner Shipping

Neptune Orient Lines , the world's fourth largest container shipping firm, a wider-than-expected first quarter net loss, but it expects to return to profit for the full year. Read More »

ICTSI signs 25 year lease with Port of Portland

AJOT | May 13, 2010 | Ports & Terminals

International Container Terminal Services, Inc. (ICTSI) has signed a 25-year lease with the Port of Portland for the container/breakbulk facility at Terminal 6.

Under the terms of the agreement, ICTSI will pay the Port US$8 million at closing Read More »

Clean green terminal of the future

AJOT | May 13, 2010 | Ports & Terminals

Shipping company unveils a zero emissions marine terminal
It is the ocean cargo terminal of the future - powered by the sun and wind. The futuristic terminal has no conventional power, uses no fossil fuels and releases no harmful emissions i Read More »

Port of Mobile remains open

AJOT | May 13, 2010 | Ports & Terminals

Officials with the Port of Mobile report that all commercial traffic continues to transit the Port of Mobile. In the port community’s daily afternoon briefing, the Harbormaster, Captain Terry Gilbreath advised, “The seaport is currently operating at norm Read More »

South Africa transport strike hits more industries

AJOT | May 13, 2010 | Ports & Terminals

A national transport strike in South Africa took its toll on the country's exports of metals and fruit as unions planned to meet with logistics group Transnet to try resolve the pay dispute. Read More »

Port of Prince Rupert posts strong performance

AJOT | May 13, 2010 | Ports & Terminals

The Port of Prince Rupert continues its strong growth in volumes, handling 4,119,708 tons in the first quarter 2010, up 72.8% compared to 2,383,510 tons in the same period in 2009. The surge in traffic was driven by a 217.9 per cent jump in throughput at Read More »

Port of Philadelphia marks grand opening of new forest products warehouse

AJOT | May 13, 2010 | Ports & Terminals

James T. McDermott, Jr. Executive Director of the Philadelphia Regional Port Authority (PRPA) presided over the grand opening of the Port of Philadelphia’s new 115,000 square foot forest products warehouse at Pier 74a in south Philadelphia. The new wareh Read More »

Port of Houston improves gate performance and environmental impact with APS Technology

AJOT | May 13, 2010 | Ports & Terminals

APS Technology Group, Inc., a leading provider of optical character recognition (OCR) and automation technology solutions for marine and intermodal terminals, announced the HYPERLINK "http://www.portofhouston.com/"Port of Houston Authority (PHA) will impl Read More »

PA seeks private partners for major port expansion in Philadelphia

AJOT | May 13, 2010 | Ports & Terminals

In a major initiative to boost economic growth and job opportunities, Governor Edward G. Rendell announced today that the Commonwealth of Pennsylvania, working closely with the Philadelphia Regional Port Authority, is seeking proposals from interested par Read More »

Cargotec’s first three ASC blocks go live at Container Terminal Burchardkai in Hamburg

AJOT | May 13, 2010 | Ports & Terminals

Further strengthening its position as a pioneer in the field of yard crane automation, Cargotec recently handed over the first three of eight automatic stacking crane (ASC) blocks to Hamburger Hafen und Logistik's (HHLA) Container Terminal Burchardkai (CT Read More »