Premium Article  FMT maximizes niche position in North American terminals

George Lauriat | November 21, 2010 | People | Interviews | Ports & Terminals

FMT has terminals spread throughout the US East Coast/Gulf Coast and in the Great Lakes. The company’s unique mix of services and commodities has helped weather the storm.

By George Lauriat, AJOT Read More »

Premium Article  Terminal Operators 2010

George Lauriat | November 21, 2010 | Ports & Terminals

Good Riddance to ’09 but what lies beyond?

Marine terminal operators were happy to say goodbye and good riddance to 2009. But the rebound in box numbers is still chancy with too many economic caveats in the forecast to be comfortable. Read More »

Premium Article  Global Ports making the most of the Russian market

George Lauriat | November 21, 2010 | Ports & Terminals

Editor’s Note: Global Ports Investments PLC (“GPI”) is a leading container terminals operator in Russia with a market share of over 19% of all container traffic at Russian ports in 2009. GPI operates three container terminals in Russia (Petroles Read More »

Premium Article  Do three box ports for Nova Scotia make sense?

Leo Ryan | November 21, 2010 | Ports & Terminals

By Leo Ryan, AJOT

Does it make logistics/business sense for Nova Scotia, located far from inland markets in North America and with a small local market, to be the possible home by 2013 for two proposed new container terminals ca Read More »

Premium Article  Logistics play key role for Russell Newman Brands

George Lauriat | November 21, 2010 | International Trade | Transport Intermediaries

Sustainability is a very big part of Russell Newman’s supply chain strategy.

Paul McCormack, Director of Imports for Russell Newman Brands, a New York-based manufacturer and distributor of underwear for women and children as well as ro Read More »

Premium Article  Changing trends: Is July the new October for apparel shippers?

Karen Thuermer | November 21, 2010 | International Trade

By Karen E. Thuermer, AJOT
For those in the textile and apparel trade, peak season came early this year.

Traditionally, the higher imported volume of clothing, known in the industry as Peak Season, occurs in October so t Read More »

Premium Article  Shippers at industry forum look to more intermodal alternatives

Paul Scott Abbott | November 21, 2010 | Intermodal

Major shippers are increasingly looking to Canadian and Mexican ports to provide alternatives to traditional U.S. West Coast gateways, according to top shipper logistics executives speaking last week at freight transportation’s leading U.S. forum.
Read More »

Premium Article  Global transportation and logistics sector M&A deal volume in Q3 2010 flat

AJOT | November 21, 2010 | Intermodal | International Trade | Transport Intermediaries

In the third quarter of 2010, the number of merger and acquisition (M&A) deals announced in the global transportation and logistics (T&L) sector remained above the pace of 2009 and approximates the pace of the year-to-date period, with 31 deals in Q3 comp Read More »

Grains have increasing impact on shipping market

AJOT | November 21, 2010 | Breakbulk & Projects

Grains trades have increased volatility in the global dry bulk shipping market and will start to support freight rates from 2012, ship broker Howe Robinson's joint chairman said.

Deliveries of new bulkers ordered before global turmoil in 2008 Read More »

Dry bulk shipping to stay pressured

AJOT | November 21, 2010 | Breakbulk & Projects

Expectations of slower Chinese commodity imports and fleet growth will keep the dry bulk market under pressure next year, while sluggish demand will weigh on the tanker sector, Citigroup's head of shipping said.

Freight players are watching for furthe Read More »

DryShips’ results beat as drilling bet pays off

AJOT | November 21, 2010 | Breakbulk & Projects

Over two years of funneling money into its relatively new drilling segment finally seems to be paying off for DryShips Inc , as strength at that segment propelled the company's third-quarter results.

DryShips also signaled rosy days for its d Read More »

China seen turning to more DDGs imports

AJOT | November 21, 2010 | Breakbulk & Projects

China, already the world's largest importer of distillers' dried grains, a by-product of ethanol, has the potential to take a lot more imports as more feed mills use it to replace corn and protein meals, industry officials said.

Imports of di Read More »

Diana Shipping announces delivery of the M/V Alcmene and time charter contract for M/V Aliki

AJOT | November 21, 2010 | Breakbulk & Projects

Diana Shipping Inc., a global shipping transportation company specializing in dry bulk cargoes, announced that the Company has today taken delivery of the m/v "East Sunrise 88," renamed "Alcmene," a 93,193 dwt Post-Panamax dry bulk carrier built in 2010. Read More »

MOL starts Vietnam tugboat business

AJOT | November 21, 2010 | Ports & Terminals

Mitsui O.S.K. Lines, Ltd. announced that the company has established a joint venture with two local companies in Vietnam and started a tugboat business. Read More »

Port Administration launches twitter page for Port of Baltimore

AJOT | November 21, 2010 | Ports & Terminals

The Maryland Port Administration (MPA) has launched a Twitter page for the Port of Baltimore. The site will be used to promote cargo, cruise, environmental and other news about the Port of Baltimore. Twitter is a social media Read More »

Toet to leave the Port of Rotterdam Authority

AJOT | November 21, 2010 | Ports & Terminals

André Toet, who has been Chief Operating Officer (COO) at the Port of Rotterdam Authority since January 2008, will be resigning as of 1January. The 47 year-old Toet started at the Port Authority three years ago. He is leaving because the Supervisory Board Read More »

Longoria reappointed to Port Commission

AJOT | November 21, 2010 | Ports & Terminals

The Houston City Council has approved reappointment of Houston attorney, businesswoman and civic leader Janiece Longoria to a fourth term as Port Commissioner of the Port of Houston Authority. Port Commissioners serve two-year terms without pay. Initially Read More »

Usiminas signs port deal with LLX to ship iron ore

AJOT | November 21, 2010 | Ports & Terminals

Brazilian steel maker Usiminas signed an accord with the port operator LLX to ship iron ore through the Southeast Port in Sepetiba, Rio de Janeiro, the company.

The deal will secure logistics for Usiminas' plan to expand the production chain Read More »

Port of Hamburg reports strong growth in seaborne cargo handling

AJOT | November 21, 2010 | Ports & Terminals

With a total of 5.9 million TEU handled, the container segment recorded double-digit growth of 10.7 per cent
After a somewhat subdued upward trend for the first three months of the year, the Port of Hamburg now reflects signs of significant Read More »

Savannah deepening project marks major milestone

AJOT | November 21, 2010 | Ports & Terminals

The Savannah Harbor Expansion Project (SHEP) reached a major milestone today when the U.S. Army Corps of Engineers released its Draft Environmental Impact Statement (EIS) to the public and agencies for review and comment. Read More »