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Ocean shipping lines confront very low St. Lawrence water level

AJOT | May 24, 2010 | Ports & Terminals

Ocean shipping lines calling at the Port of Montreal are grappling with an unwelcome logistics challenge this spring as water levels on the St. Lawrence River have dropped to their lowest level in many years. The response of some carriers to the predicame Read More »

New Afghan railroad to boost trade and supply troops

AJOT | May 24, 2010 | Intermodal

Afghanistan's first railway in almost a century is due to be completed before the year's end, officials said, with the aim of not only boosting the country's economy but also supplying NATO troops there.

The $170 million project, the bulk of Read More »

Russia’s Putin says customs union delayed

AJOT | May 24, 2010 | International Trade

Russia's planned customs union with neighbouring Belarus and Kazakhstan will not fully come into effect from July as planned, Prime Minister Vladimir Putin told Mir TV in an interview.

The customs union was envisaged as a first step on the wa Read More »

What are China’s indigenous innovation policies?

AJOT | May 24, 2010 | International Trade

China's "indigenous innovation" regulations are one of the top concerns for U.S. officials.

What is "indigenous innovation"?

The Chinese government has long pushed its companies to move higher on the value chain and develop their Read More »

Battle royal rages over uneven jewel import taxes

AJOT | May 24, 2010 | International Trade

Italian jewellers are losing faith in official efforts to overcome barriers to trade, with many now looking for alternative ways to tap China and other key markets needed to power out of a recent downturn.

While official figures suggest Italy Read More »

Swire, Citic Pacific, Cathay sell stakes in cargo units

AJOT | May 24, 2010 | Air Cargo

Swire Pacific , CITIC Pacific and Cathay Pacific Airways said they have agreed to sell their combined 40 percent stakes in Hong Kong Air Cargo Terminals Ltd (HACTL) and HACTL Investment Holdings Ltd (HIHL) for a total HK$2.56 billion ($328 million). Read More »

Virgin Atlantic mulls merger if BA-AA cement deal

AJOT | May 24, 2010 | Air Cargo

Virgin Atlantic would consider merging with another carrier if British Airways transatlantic tie-up with American Airlines gets regulatory clearance.

"A merger is one of the options open to us if BA-AA gets the go ahead," a Virgin Atlantic sp Read More »

Wallenborn achieves quick contact gains as it extends its presence in Germany

AJOT | May 24, 2010 | Air Cargo

Wallenborn has opened a new office at Frankfurt Airport to spearhead its growth in Germany and in support of its strategy to provide specialized airfreight and high value cargo distribution throughout Europe. Read More »

Hactl continuing shareholders increase interests

AJOT | May 24, 2010 | Air Cargo

It has been announced that the shareholders previously comprising 60% of Hactl have increased their interests to 100% on a pro rata basis by acquiring shares owned by Cathay Pacific related companies. The continuing shareholders are Jardine Matheson, Hutc Read More »

ABC extends 747F network in Russia

AJOT | May 24, 2010 | Air Cargo

AirBridgeCargo Airlines (ABC) has extended its delivery network in Russia with the launch of a new weekly flight from Amsterdam to Yekaterinburg and a direct service from Frankfurt to Moscow's Domodedovo Airport.

The new routes are the next step in AB Read More »

Qatar Airways new B777 freighter goes into operation

AJOT | May 24, 2010 | Air Cargo

Qatar Airways has begun cargo operations using its brand new Boeing B777 Freighter, with the plane's first flight departing from Doha for Amsterdam early Tuesday morning.

The new cargo freighter was delivered to the airline's hub at Doha Inte Read More »

China urges air cargo merger

AJOT | May 24, 2010 | Air Cargo

China is pushing the country's three top airlines to merge their cargo operations in an effort to claw back business from foreign carriers that dominate the market, local media reported.

Talks to merge the cargo operations of Air China , Chin Read More »

Safmarine adds UAE’s port of Sharjah as direct call to its Gulf to East Africa Service

AJOT | May 24, 2010 | Liner Shipping

Regional shipping line Safmarine has enhanced its Masiika Express service between the Arabian Persian Gulf and East Africa with the addition of a direct call at the UAE port of Sharjah. The call provides direct access to the East African ports of Dar es Read More »

MOL to update Japan-Russia service with weekly sailings

AJOT | May 24, 2010 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced plans to upgrade the Japan-Russia route, Japan Trans Siberian Line (JTSL), jointly operated by MOL and Far Eastern Shipping Company TG from by-weekly to weekly sailings. Read More »

NOL: cargo up 34% in April amid shipping recovery

AJOT | May 24, 2010 | Liner Shipping

Singapore's Neptune Orient Lines (NOL), the world's fifth-biggest container shipping firm, said on Monday it carried 34 percent more containers from April 3 to April 30 from a year ago.

NOL said in a statement it carried the equivalent of 212 Read More »

DryShips bullish on drybulk; priority remains drilling

AJOT | May 20, 2010 | Breakbulk & Projects

Despite its bullish view on the drybulk market, Greek drybulk shipper and deepwater driller DryShips Inc's will continue to place bets on its laggard drilling segment, a top executive said.

"Our focus right now remains on drilling, that's whe Read More »

Ship oversupply to hit dry bulk freight rates

AJOT | May 20, 2010 | Breakbulk & Projects

Dry bulk ship oversupply will pressure freight rates in the second half of 2010 and average earnings for larger capesize vessels could fall below $30,000 a day, a senior Credit Suisse official said.

While demand for commodities is picking up Read More »

Construction of Maasvlakte 2 enters new phase

AJOT | May 20, 2010 | Ports & Terminals

The construction of Maasvlakte 2, the port of Rotterdam's land reclamation project, is proceeding well. This month, the 120 millionth m3 of sand was sprayed on. This means that half of all the sand needed for the first phase of Maasvlakte 2 up to 2013 has Read More »

Port of Vancouver USA to potentially sell land to Farwest Steel

AJOT | May 20, 2010 | Ports & Terminals

The Port of Vancouver USA announced plans to consider the surplus of up to 22 acres of industrial property in preparation for a potential sale to Farwest Steel Corporation, one of the leading distributors, processers and fabricators of specialty steel pro Read More »

China’s Cosco says will not halt Greek investment

AJOT | May 20, 2010 | Ports & Terminals

China's Cosco said it would go ahead with investments in Greece's largest port Piraeus despite the crisis that has hit the Greek economy and sent shockwaves throughout the euro zone.

Greece is battling a 300 billion euro ($375 billion) debt a Read More »

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