Humanitarian group blasts draft EU-India trade deal

AJOT | April 26, 2010 | International Trade

Humanitarian group Medecins Sans Frontieres (MSF) criticized draft provisions of a free-trade deal between the European Union and India, saying it would boost prices of drugs for India's poor. Read More »

US says protecting IP rights a top trade priority

AJOT | April 26, 2010 | International Trade

U.S. officials welcomed a new study showing the importance of innovation to U.S. economic growth and promised vigorous action to curb the huge international trade in fake and pirated goods.

"Let's be clear: IP (intellectual property) theft in Read More »

Rajesh Exports to roll out 300 retail stores

AJOT | April 26, 2010 | International Trade

Rajesh Exports Ltd , one of India's top jewellery makers and exporters, plans to open 300 retail stores in India over the next three years, and has lined up a capex of 30-40 billion rupees, a top official said.

The firm currently has 25 retai Read More »

To speed WTO bid, Russia ditches customs union idea

AJOT | April 26, 2010 | International Trade

Russia will pursue a separate bid to join the World Trade Organization, dropping its insistence on joining as a customs union with Belarus and Kazakhstan, a top Russian official said. Read More »

EU asks China to delay high-tech certification rules

AJOT | April 26, 2010 | International Trade

The European Union has asked China to further delay in the implementation of a controversial certification program for high-tech information security products. Read More »

Perishables a problem area for screening mandate

AJOT | April 26, 2010 | Air Cargo

Inefficient technologies, potential bottlenecks are the issues
The Transportation Security Administration's mandate for screening 100 percent of air cargo loaded onto passenger aircraft is now three months off and represents a major challeng Read More »

Towne Air Freight and Cathay Pacific reach agreement

AJOT | April 26, 2010 | Air Cargo

Towne Air Freight and Cathay Pacific Airways, parent company of Cathay Pacific Cargo, have come to an agreement in which Towne Network Solutions (TNS)'a wholly owned subsidiary of Towne Air Freight'will become the exclusive provider of Road Feeder Service Read More »

US Airways’ exit could aid Continental Air

AJOT | April 26, 2010 | Air Cargo

US Airways' exit from merger discussions with United Airlines has taken the pressure off Continental Airlines to make any hasty decisions about its future as a solo or merged airline. Read More »

Hactl passes daily 10,000 tons landmark with flying colors

AJOT | April 26, 2010 | Air Cargo

Hong Kong Air Cargo Terminals Limited (Hactl) recorded the highest daily tonnage throughput ever on 23 April 2010, with a total of 10,080 tons of air cargo handled on that day, surpassing the previous historic record of 9,850 tons achieved in September 20 Read More »

Deadly new Russian weapon hides in shipping container

AJOT | April 26, 2010 | Liner Shipping

A Russian company is marketing a devastating new cruise missile system which can be hidden inside a shipping container, giving any merchant vessel the capability to wipe out an aircraft carrier.

Potential customers for the formidable Club-K s Read More »

NOL says cargo up 32%

AJOT | April 26, 2010 | Liner Shipping

Singapore's Neptune Orient Lines (NOL), the world's fourth-biggest container shipping firm, said on Monday it carried 32 percent more containers in the four weeks to April 2 from a year ago.

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

OOCL announces the launch of OOCL Carbon Calculator

AJOT | April 26, 2010 | Liner Shipping

OOCL is delighted to announce the launch of the OOCL Carbon Calculator on April 27, 2010. The calculator is designed to assist OOCL customers in measuring the carbon dioxide (CO2) emissions in their supply chain. OOCL's carbon calculator is the first emis Read More »

OT Africa Line Ship Security Surcharge

AJOT | April 26, 2010 | Liner Shipping

In order to comply with the International Ship and Port Facility Security Code [ISPS], OT Africa Line is obliged to increase the Ship Security Surcharge [SSC] as from 01/05/10 per date of B/L. Read More »

CMB Q1 helped by forex gains, upbeat on 2010

AJOT | April 25, 2010 | Breakbulk & Projects

Belgian shipping group CMB expressed confidence for the rest of the year as fleet bookings were high and a foreign exchange gain limited the fall in its first-quarter net profit. CMB, which specialises in dry bulk transport, said its net profit was 10 per Read More »

Breakbulk shows split in activity

AJOT | April 25, 2010 | Breakbulk & Projects

Break bulk activity is showing a split between smaller shipments; those that can fit in open containers or on flat racks, and those "big shoulder" items like power generators, energy equipment and other large items. Smaller shipments are growing in volume Read More »

Essar Shipping to invest 5 blllion rupees in Paradip port

AJOT | April 25, 2010 | Breakbulk & Projects

Essar Shipping Ports and Logistics said it has signed a license agreement with Paradip Port Trust to invest 5 billion rupees in a dry bulk cargo berth. Read More »

Russia March coal exports from major ports up

AJOT | April 25, 2010 | Breakbulk & Projects

Russia's coal exports from leading domestic ports as well as Ukrainian and Latvian terminals were largely higher in March as weather conditions continued to improve, figures compiled by Reuters showed. Read More »

Wilhelmsen Ships Service acquires full ownership in Japan

AJOT | April 25, 2010 | Breakbulk & Projects

Wilhelmsen Ships Service announced that it has purchased the remaining 49% of Aall & Company's interest in Wilhelmsen Aall Ships Service Pte Ltd, in Japan. The move establishes Wilhelmsen Ships Service's complete 100% ownership of Wilhelmsen Aall Ships Se Read More »

Shippers see boon from Russia sugar import push

AJOT | April 25, 2010 | Breakbulk & Projects

A surge of raw sugar shipments into Russia before an expected import duty cut in May is set to lift freight rates for smaller vessels and support raw sugar futures, but the window will be short.

Russia, the world's No. 3 raw sugar importer, i Read More »

Panama Canal Authority and Alabama State Port Authority sign first partnership agreement

AJOT | April 25, 2010 | Ports & Terminals

Panama Canal Authority (ACP) Administrator/CEO Alberto Alemán Zubieta and Alabama State Port Authority (ASPA) Director/CEO James K. Lyons signed a Memorandum of Understanding (MOU) to jointly help foster commercial activity between the two entities. Read More »