Thai Air in talks with Airbus, Boeing for 30 planes

AJOT | August 24, 2010 | Air Cargo

Thai Airways is negotiating with both Boeing Co and Airbus for a possible record order of 30 aircraft, a Thai Airways executive said, deepening speculation over the potential $9 billion purchase.

Airbus, a unit of European aerospace and defen Read More »

CMA CGM launches a new direct service from Asia to South America West Coast

AJOT | August 24, 2010 | Liner Shipping

CMA CGM is pleased to announce the launch of ACSA 2, a new direct service between Asia, Mexico and the West Coast of South America, operated in partnership with CSCL, Hanjin Shipping and Hyundai Merchant Marine.

This new joint service will st Read More »

Hapag-Lloyd adds additional vessel to New Orleans container service

AJOT | August 24, 2010 | Liner Shipping

Hapag-Lloyd ' one of the world's largest container shipping companies ' will add an additional vessel in September to its existing Mediterranean service into the Port of New Orleans.

The new vessel will add about 12 vessel calls per year and Read More »

Allfort Co. deliver hatch covers to Varna, Bulgaria

AJOT | August 19, 2010 | Breakbulk & Projects

Allfort Co., Inc, WWPC Member from Japan has successfully delivered forty hatch covers, totally 5,026.71 CBM and 1,103,580 kgs, from Sasebo, Nagasaki, Japan to Varna, Bulgaria. Read More »

Q&A APM Santos

AJOT | August 19, 2010 | Ports & Terminals

1. What is the timeline for the project?
BTP is currently in the developing phase and the construction works have started this year. The terminal is expected to be completely constructed and fully operational by mid 2013 with initial operati Read More »

APM Terminals acquires 50% of New Terminal in Santos

AJOT | August 19, 2010 | Ports & Terminals

APM Terminals will, subject to regulatory approval, acquire 50% of the shares in Brasil Terminal Portuario (BTP), a new container terminal being built in Santos, Brazil. APM Terminals and Terminal Investment Limited reached agreement to jointly manage t Read More »

Study shows Indiana’s three ports contribute $5.4 billion to state economy

AJOT | August 19, 2010 | Ports & Terminals

A new study released at the Port of Indiana-Jeffersonville revealed that Indiana’s three ports annually contribute $5.4 billion in economic activity to the state economy and 43,700 jobs.

The study was conducted by Martin Associates, one of th Read More »

Brazil sugar vessel loading lineup declines

AJOT | August 19, 2010 | Ports & Terminals

The lineup of ships to load sugar at Brazilian ports fell last week to 115 vessels from 135 a week ago as dry weather allowed the main ports of Santos and Paranagua to move cargo, shipping agents Unimar Agenciamentos Maritimos said. Read More »

World’s first hybrid tugboat to get a sibling
Clean Air Grant for Port to fund retrofit of ...

AJOT | August 19, 2010 | Ports & Terminals

Foss Maritime Company, builder and operator of the world’s first hybrid tugboat, will soon add another pioneering vessel to its Southern California fleet with the help of an air quality grant obtained by the Port of Long Beach.

Building on th Read More »

The United States is “disappointed” Mexico has decided to impose retaliatory duties…

AJOT | August 19, 2010 | Intermodal

The United States is "disappointed" Mexico has decided to impose retaliatory duties on additional U.S. goods in a dispute over cross-border trucking, the top U.S. trade official said.

"Mexico is an important U.S. export market and President ( Read More »

East Africa needs up to $25 bln for rail upgrade

AJOT | August 19, 2010 | Intermodal

East Africa needs to raise up to $25 billion, or nearly two-thirds of Kenya's annual output, over the next decade to upgrade its railways to boost trade, a senior regional official said.

"We are talking about the railway master plan which is Read More »

Mexico puts tariffs on more US goods in truck row

AJOT | August 19, 2010 | Intermodal

Mexico expanded the list of U.S. products subject to retaliatory tariffs as it steps up pressure on Washington to settle a long-running dispute that has kept Mexican long-haul trucks off U.S. roads.

The government of President Felipe Calderon Read More »

GM exec sees record industrywide South.America sales

AJOT | August 19, 2010 | International Trade

Industrywide automobile sales in South America should reach a record high this year, buoyed by relatively low interest rates in some countries and strong economic growth in most of the region, the chief executive of General Motors' South American unit sai Read More »

Taiwan approves landmark trade deal with China

AJOT | August 19, 2010 | International Trade

Taiwan's parliament formally approved a free trade-style agreement with China on Aug 17th, marking a seachange in relations between the former political foes after some 60 years of hostilities.

Taiwan's government has been pushing the economi Read More »

US looks to China for Latin America development help

AJOT | August 19, 2010 | International Trade

The United States hopes China can play a greater role in bringing development and jobs to Latin America, an area where Chinese investment and trade is small but growing fast, a senior U.S. official said.

"We very much welcome continued Chines Read More »

Groupon expands to Japan and Russia

AJOT | August 19, 2010 | International Trade

Internet bargain-hunters in Japan and Russia will soon be able to get their Groupon.
The fast-growing privately held Web company, which groups customers for everything from dental services to restaurants to try and get a price break -- said Read More »

Mexico slaps 5% tariff on US ham, pork products

AJOT | August 19, 2010 | International Trade

Mexico has slapped tariffs on U.S. pork products, ratcheting up the pressure on the United States in a long-running dispute over Mexican truckers' access to U.S. highways.

Mexico published an updated list of U.S. products subject to tariffs, Read More »

Suntech raises shipping forecast

AJOT | August 19, 2010 | International Trade

China's Suntech Power Holdings Co raised its shipment forecast for 2010 and said it may begin manufacturing its own solar wafers.

Like others in the industry, Suntech saw strong demand in Europe as developers rushed purchases ahead of cuts to Read More »

Swiss say prefer bilateral trade deals to EU membership

AJOT | August 19, 2010 | International Trade

Switzerland will continue to pursue bilateral trade agreements with the European Union for the time being rather than joining the trading bloc as a member state, the Swiss government said.

Switzerland's traditions of independence and direct d Read More »

Traxon Europe gives eFreight a boost

AJOT | August 19, 2010 | Air Cargo

Seamless electronic freight communication, or paperless airfreight known as e-freight, has come a long way since the International Air Transport Association (IATA) started to seriously promote it to the air cargo industry in 2005. This year, e-freight has Read More »