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Global LNG-Prices edge higher; PNG plant reaches full capacity

Reuters | September 26, 2014 | Energy

Asian spot liquefied natural gas prices continued to climb higher this week as a few buyers started to show interest in winter cargoes, although ample supply and healthy inventory levels capped gains. Read More »

Asia-Europe container freight rates down 9.5 pct this week -source

Reuters | September 26, 2014 | Liner Shipping

Shipping freight rates for the transport of containers from ports in Asia to Northern Europe fell by 9.5 percent to $822 per 20-foot container (TEU) in the week ended on Friday, a source with access to data from the Shanghai Containerized Freight Index said. Read More »

Oil spill at Quintero Bay, Chile

AJOT | September 25, 2014 | Ports & Terminals

Inchcape Shipping Services (ISS) Chile is advising of an oil spill at Quintero Bay, Nr Valparaiso, Chile, following an incident on Thursday 24th September at the Monobuoy Terminal when the MT Mimosa cut off hoses and cargo connection, resulting in a spill of around three cubic metres at sea. Read More »

Evergreen expands Asia - South Africa network 

AJOT | September 25, 2014 | Liner Shipping

In order to offer a more comprehensive service on the Asia-South Africa trade, Evergreen Line will adjust its existing joint service with COSCO as well as contribute vessels to the service currently operated by K Line, MOL and PIL. Read More »

DHL parcelcopter launches initial operations for research purposes  

AJOT | September 25, 2014 | Transport Intermediaries

DHL Parcel will soon launch a unique pilot project on the North Sea island of Juist: For the first time worldwide, medications and other urgently needed goods will be delivered to the island at certain times of the day by DHL parcelcopter. Read More »

BDP strengthens India presence

AJOT | September 25, 2014 | Transport Intermediaries

Global logistics and transportation management company, BDP International, Inc. (BDP), has integrated the operations of Unique Global Logistics Ptl Ltd (UGL), it was announced by the companies’ respective boards of directors. BDP’s Indian partner since 2008, UGL is known for its depth of experience in integrated logistics for multinational clients in the oil and gas, wind energy and project sectors. Read More »

Port of Everett seaport adds lift capacity

AJOT | September 25, 2014 | Ports & Terminals

The Port of Everett Seaport is adding additional lift capacity to its operations in March 2015, with the purchase of a new, 150-ton GHMK 7608 mobile harbor crane. Read More »

Japan, US remain apart in trade talks, dealing blow for TPP

Reuters | September 25, 2014 | International Trade

Japan and the United States failed to make progress in bilateral talks, both sides said, dealing a blow for hopes of sealing an ambitious multilateral trade deal this year. Read More »

Germany wants investment clause scrapped in EU-Canada trade deal

Reuters | September 25, 2014 | International Trade

Germany will not sign a trade pact between Canada and the European Union unless an investment protection clause allowing companies to take cross-border legal action against governments is scrapped, Germany's economy minister said. Read More »

Anti-trust order clears road for India’s generic car parts market

Reuters | September 25, 2014 | International Trade

Thousands of tiny shops in India's biggest auto components market do brisk business selling a bewildering array of spare parts for about a third of the official price charged by the likes of Toyota Motor Co or Volkswagen AG. Read More »

Brazil’s current account gap widens slightly in August

Reuters | September 25, 2014 | International Trade

Brazil's current account deficit widened slightly in August from a year ago as exports remained weak, but the external gap this year will likely not surpass that of 2013 despite a drop in commodity prices, the central bank said. Read More »

Russia’s reputation as reliable trade partner is a key value

Reuters | September 25, 2014 | International Trade

Russia, one of the world's largest wheat exporters, will use only state purchases of grain from the domestic market if it needs to regulate its market, Agriculture Minister Nikolai Fyodorov said. Read More »

ISS supports port infrastructure development project in Tanzania

AJOT | September 25, 2014 | Ports & Terminals

Inchcape Shipping Services (ISS) the world’s leading maritime services provider has recently managed heavy lift vessel project for Shanghai-based heavy-duty equipment manufacturer, ZPMC in Tanzania. Read More »

Manila’s port gridlock puts squeeze on Philippine economy

Reuters | September 25, 2014 | Ports & Terminals

Philippine furniture maker Betiscrafts Inc should have delivered a shipment of custom-made chairs to Middle East customers last month. Read More »

Army Corps of Engineers clears Bayport Channel for dredging

AJOT | September 25, 2014 | Ports & Terminals

Executive Director Roger Guenther announced that dredging of the Bayport channel has gotten the green light. Read More »

Port of Felixstowe AEO press release

AJOT | September 25, 2014 | Ports & Terminals

The Port of Felixstowe, the Port of Britain, has become the first UK port to receive full Authorised Economic Operator (AEO) status. Read More »

MOL to restructure Asia to South Africa service

AJOT | September 25, 2014 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. has announced the restructuring of their existing Asia to South Africa liner services into two direct loops. One service will call South China, while the other loop will directly connect Central China. Read More »

XLProjects caps another year of growth with a great AGM

AJOT | September 25, 2014 | Breakbulk & Projects | Transport Intermediaries

XLProjects Network (XLP), the young, vibrant and fast growing network for project forwarders and breakbulk charterers, just successfully completed their second Annual General Meeting (AGM) in Budapest, Hungary. Read More »

Labelmaster releases 2015 A.I.R. Shipper publication

AJOT | September 25, 2014 | Air Cargo | Breakbulk & Projects | Intermodal

Labelmaster, a leading provider of solutions for hazardous material transport compliance, has released its 2015 A.I.R. ShipperTM publication that provides the most up-to-date information on international air regulations for shipments of dangerous goods, including specific requirements for labeling, marking, packaging and shipping papers. Read More »

Agility signs MOU with Etihad Rail

AJOT | September 25, 2014 | Intermodal | Transport Intermediaries

Agility, a leading global logistics provider, signed a Memorandum of Understanding (MOU) today with Etihad Rail, the developer and operator of the UAE’s national railway network, on an agreement that will enable Agility to use Etihad Rail’s services for distribution in the UAE and the Gulf Cooperation Council (GCC). Read More »

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