Ports & Terminals

Port of Felixstowe welcomes AE6 service

AJOT | June 02, 2011 | Ports & Terminals

The Port of Felixstowe has welcomed its third new service in less than a month with the arrival on Sunday 29th May 2011 of the 367m Mette Maersk on Maersk Line’s AE6 Asia-Europe service.

The extended rotation of the AE6 service, which now calls at Le Read More »

ICTSI launches bid to buy Singapore’s Portek

AJOT | June 02, 2011 | Ports & Terminals

The Philippines' International Container Terminal Services Inc (ICTSI) launched a takeover bid for Singapore's Portek International Ltd, offering to buy its shares at a 69 percent premium to market prices.

The Manila-based port operator offered S$1.20 Read More »

Mozambique’s main port set to get major investment

AJOT | June 02, 2011 | Ports & Terminals

Mozambique's Ports Development Company (MPDC) announced a $1 billion investment over the next 20 years to improve infrastructure in the country's main port to meet international demands. Read More »

Port of Oakland secures $18 million in federal funding for harbor deepening

AJOT | June 02, 2011 | Ports & Terminals

The Port of Oakland’s -50 Foot Harbor Deepening Project is set to receive $18 million in operations and maintenance from the U.S. Army Corps of Engineers’ fiscal year 2011 work plan, funding that is vital to the Port’s competitiveness. Oakland Board of P Read More »

Panama Canal Authority renews and extends Port Manatee MOU

AJOT | June 02, 2011 | Ports & Terminals

Port Manatee and the Panama Canal Authority (ACP) have renewed and extended a 2009 marketing and information-sharing agreement for five years in May, transcending the projected 2014 completion of the expanded Panama Canal.

Port Manatee becomes the s Read More »

Australian union calls off industrial action at ports

AJOT | May 30, 2011 | Ports & Terminals

The Maritime Union of Australia has recommended that industrial action at container ports in Sydney, Brisbane and Fremantle be called off, the union said in a statement, citing concerns in the farming community.

The union, fighting for arbitration to Read More »

Khalifa Industrial Zone Abu Dhabi (Kizad) offers South Korea unique investment opportunities

AJOT | May 30, 2011 | Ports & Terminals

Abu Dhabi Ports Company (ADPC) has launched the Khalifa Industrial Zone Abu Dhabi (Kizad), the industrial zone of tomorrow, at the Intercontinental Grand Seoul Parnas in South Korea as part of the Abu Dhabi Investment Forum organized by the Department of Read More »

Panama Canal expansion effect on shipping

AJOT | May 30, 2011 | Ports & Terminals

The Panama Canal Authority expects to complete the canal expansion project by the end of 2014.

This will widen and deep the canal to accommodate larger vessels taking cargoes to the Pacific.

The expanded canal will mainly be used for container tra Read More »

Expanded Panama Canal to bypass coal freight trade

AJOT | May 30, 2011 | Ports & Terminals

The new deeper, wider Panama Canal will make little difference to the flow of world coal trade from exporters in the Americas to big Asian clients.

Even when the work is finished in 2014 it is likely to still be as cheap to take ships around the Cape Read More »

Indonesia seizes haul of pangolin meat bound for Vietnam

AJOT | May 30, 2011 | Ports & Terminals

Tons of dead pangolins, an endangered scaly animal, were seized by Indonesian customs, foiling an effort by smugglers to ship the meat to Vietnam, officials said.

Indonesia's customs office found 309 crates each containing between six to 10 adult and Read More »

Bromma lowers emissions by 90%through use of cleaner steel

AJOT | May 30, 2011 | Ports & Terminals

The world leader in crane spreaders, Stockholm-based Bromma, continues to pursue its pro-active effort to establish best practices in both green production and green spreader design. Most recently Bromma has re-analyzed its materials and production proces Read More »

Brazil port to ship more sugar, but queue to recur

AJOT | May 26, 2011 | Ports & Terminals

Brazil's No. 2 port for sugar exports expects throughput of the sweetener to leap by as much as half and for ships to face shorter waiting times to load in the current harvest, its commercial director told Reuters.

Exports of mostly bulk sugar through Read More »

Governor, MPA, highstar capital, CSX officials outline Baltimore’s future at May seminar

Karen Thuermer | May 26, 2011 | Ports & Terminals

The New York Yankees may have beaten the Baltimore Orioles on May 18 in a baseball game attended by friends and employees of the Port of Baltimore. But those who watched the game from the Maryland Port Administration’s skybox at Camden Yards know all too Read More »

Rotterdam port eyes German expansion

AJOT | May 26, 2011 | Ports & Terminals

The head of Rotterdam Port, Europe's biggest, said he wants to expand its operations in Germany, building new centres for loading and unloading containers and developing CO2 infrastructure.

Hans Smits also said that Rotterdam port, which already has t Read More »

GPA completes wetlands monitoring at Savannah and Brunswick


AJOT | May 26, 2011 | Ports & Terminals

The Georgia Ports Authority (GPA) recently completed annual wetland monitoring at the Port of Savannah’s Garden City Terminal and a threatened and endangered species survey and ecological habitat assessment at the Port of Brunswick’s Colonel’s Island Term Read More »

India witnesses the launch of one of the world’s largest industrial zones (Kizad)

AJOT | May 26, 2011 | Ports & Terminals

Abu Dhabi Ports Company (ADPC) recently unveiled the Khalifa Industrial Zone Abu Dhabi (Kizad), at the Taj Mahal Palace hotel in Mumbai. The event was attended by over 200 VIP guests from various companies and industries in India. The guests were introduc Read More »

Port of Vancouver USA receives $800,000 CERB loan

AJOT | May 26, 2011 | Ports & Terminals

The Port of Vancouver announced that it will receive an $800,000 loan from the Washington State Community Economic Development Revitalization Board (CERB). The funding will be used to make improvements to an existing port facility that are necessary befor Read More »

Port of Oakland welcomes newly appointed commissioner

AJOT | May 26, 2011 | Ports & Terminals

The Port of Oakland welcomes its newest Port Commissioner, Alan S. Yee, who was recently nominated by Oakland Mayor Jean Quan, and unanimously confirmed by the Oakland City Council on May 17th. Mayor Quan said, “Commissioner Yee is a long-time civic lead Read More »

Penske Truck Leasing expands service offerings in Temecula, CA

AJOT | May 19, 2011 | Ports & Terminals

Penske Truck Leasing has opened a new 16,000-square-foot building in Temecula, Calif., at 42188 Winchester Road. Penske offers full-service truck leasing, consumer and commercial truck rental and contract maintenance services. Read More »

CSX sees double-digit EPS growth through 2015

AJOT | May 19, 2011 | Ports & Terminals

U.S. railroad operating CSX Corp said it is targeting double-digit growth in earnings per share and operating income through 2015, based on expected growth that outpaces the economy.

The company is targeting a compound annual earnings per share growth Read More »