Obama: labor deal paves way for US-Colombia trade pact

AJOT | April 10, 2011 | International Trade

President Barack Obama said that a deal over labor rights had cleared the way to advance a long-delayed trade pact with Colombia, but he was silent on when he would send it to Congress for approval.

"I am very pleased to announce that we have develope Read More »

World trade to carry crisis scars into 2012

AJOT | April 10, 2011 | International Trade

World trade will carry the scars of the financial crisis into 2012, the World Trade Organization said with a prediction of 6.5 percent growth for this year, less than half of last year's sharp rebound.

The forecast, for growth in trade of goods as mea Read More »

India’s Sun Pharma, US Merck in generics joint venture

AJOT | April 10, 2011 | International Trade

U.S. drugmaker Merck & Co has formed a joint venture with India's Sun Pharmaceutical Industries Ltd to develop and manufacture branded generic drugs for emerging markets, the two companies said.

The companies did not disclose financial details of the Read More »

Hactl announces throughput for the first quarter of 2011

AJOT | April 10, 2011 | Air Cargo

Hong Kong Air Cargo Terminals Limited (Hactl), the world's leading air cargo terminal, announced its tonnage throughput for March and the first quarter of 2011. A total of 254,819 tonnes were handled in March, showing a slight increase of 4.4% year-on-yea Read More »

Lufthansa Cargo surges ahead in first quarter

AJOT | April 10, 2011 | Air Cargo

Lufthansa Cargo significantly increased the volume of freight and mail transported in the first quarter of 2011. The Company continued on the strong growth path of the previous year. Cargo volumes were up overall by 19.9 per cent on the year-earlier level Read More »

Emirates expands South American network with flights to Buenos Aires and Rio de Janeiro

AJOT | April 10, 2011 | Air Cargo

Two of South America's most iconic cities will soon have a faster link to Dubai and over 100 destinations worldwide when Emirates commences its daily non-stop service to Rio de Janeiro and extension to Buenos Aires from 3rd January 2012. Read More »

China Cargo Airlines appoints Bangkok Flight Services

AJOT | April 10, 2011 | Air Cargo

China Cargo Airlines has appointed Bangkok Flight Services (BFS) as its cargo handling partner in Bangkok.

The new contract will see BFS handling 20,000 tons of freight a year for the Shanghai-based airline, which serves Bangkok with MD11, Boeing 747 Read More »

Gabrielson and Schember honored at Connie Awards Dinner

AJOT | April 10, 2011 | Liner Shipping

Rick Gabrielson, Director of International Transportation for Target Corporation and George Schember, Vice President Corporate Transportation and Logistics for Cargill were each presented with Connie Awards by the Containerization & Intermodal Institute ( Read More »

Evergreen, COSCON, PIL and Wan Hai to jointly launch a new WCSA service

AJOT | April 10, 2011 | Liner Shipping

Evergreen Line, COSCO Container Lines (COSCON), Pacific International Lines (PIL) and Wan Hai Lines (WHL) will jointly launch a new service linking the Far East and the West Coast of South America (WCSA). Read More »

Shipco expands service coverage into Brazil

AJOT | April 10, 2011 | Liner Shipping

Shipco Transport, one of the world's leading neutral NVOCCs, has started a fortnightly, direct intact less-than-container load ocean freight service from Miami into Itajai, Brazil. Read More »

Evergreen, Wan Hai, MOL and Seacon announce joint service linking Singapore/Malaysia to East Africa

AJOT | April 10, 2011 | Liner Shipping

Evergreen Line, Wan Hai Lines (WHL), Mitsui O.S.K. Lines (MOL) and Seacon have announced a weekly joint service commencing in late April serving the Asia East Africa service (AEF).

Since May 2010, Evergreen and WHL have been operating the liner Read More »

Pasha Hawaii finalizes design for second ship

AJOT | April 10, 2011 | Liner Shipping

Honolulu-based Pasha Hawaii announced the final design specifications for their second ship, currently under construction with VT Halter Marine, Pascagoula, MS. The ship will be a combination Container and Roll-On/Roll-Off Car Truck Carrier ('ConRo') base Read More »

Crowley reestablishes second weekly sailing to Haiti from the Dominican Republic and S.  Florida

AJOT | April 10, 2011 | Liner Shipping

To better meet the needs of customers shipping to Haiti from the Dominican Republic and South Florida, Crowley Maritime Corp. has enhanced its liner container shipping services by renewing its second fixed-day sailing to Port-au-Prince from Rio Haina and Read More »

NOL appoints two Asia business veterans to Board

AJOT | April 10, 2011 | Liner Shipping

Low Check Kian, Chairman, Asia for NewSmith Capital Partners; and Dr. Wu Yibing, President of CITIC Private Equity Funds Management Co.; joined the Board on April 14th. One day earlier, Directors Simon Israel and Dr. Friedbert Malt retired from the Board Read More »

Maersk hopes to make Abidjan port call

AJOT | April 10, 2011 | Liner Shipping

Maersk hopes to make its first call to Ivory Coast's Abidjan port this week since sanctions were lifted by the European Union, the company said.

"For exports, we were scheduling for the first call on April 13," said Sonny Dahl, director of West Africa Read More »

TUI says in talks over Hapag stake sale

AJOT | April 10, 2011 | Liner Shipping

German travel group TUI is in talks to sell a stake in its container shipper Hapag-Lloyd, but declined to confirm that a deal with a unit of Oman's sovereign wealth fund has already been struck.

An official at Onyx Investments Ltd, which is owned by t Read More »

Germany rejects troop boost to protect shippers

AJOT | April 10, 2011 | Liner Shipping

Germany is not planning to deploy military or police on merchant vessels as requested by shippers to protect them from pirates operating off Somalia, a senior defence official said.

The idea, floated by trade associations as another way to aid German Read More »

APL upsizes North Asia Philippines Express

AJOT | April 10, 2011 | Liner Shipping

Container shipping leader APL has expanded its North Asia Philippines Express (NPX) feeder service to cover Central China and Manila in the Philippines beginning this month. Service enhancements also include two weekly calls to Manila from Kaohsiung for i Read More »

NYK provides free land transport of relief supplies by container trailer

AJOT | April 10, 2011 | Liner Shipping

NYK has set up the 'Third Relief Supplies Hotline' in cooperation with the Japan Federation of Economic Organizations, and will provide free land transport of relief supplies to Japan earthquake and tsunami affected areas using container trailers of Nippo Read More »

Japan ship enters Hong Kong after radiation checks

AJOT | April 10, 2011 | Liner Shipping

A Japanese ship denied entry to a Chinese port over radiation concerns last month was allowed into a Hong Kong port, owner Mitsui O.S.K. Lines said.

The container ship, the MOL Presence, was rejected by Chinese authorities when it arrived at the port Read More »