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Nautilus International Holding Corp. and Metro Ports Move Headquarters

AJOT | August 26, 2014 | Ports & Terminals

Nautilus International Holding Corp., along with its subsidiaries Metro Ports, Metro Cruise Services, Metro Shore Services and Metro Risk Management, is moving from its Wilmington, Calif., headquarters of more than 91 years into a new 40,000 square-foot building on 2.57 acres in Douglas Park in Long Beach, Calif. Read More »

Michaels recognizes Con-way Truckload as Carrier of the Year

AJOT | August 26, 2014 | Intermodal

Michaels recognizes Con-way Truckload as Carrier of the Year

Last week, nationally recognized craft supply store, Michaels, announced that Con-way Truckload has been selected as their Carrier of the Year. Read More »

Rickmers-Linie is again the partner of choice for Kirow railway cranes to China

AJOT | August 26, 2014 | Breakbulk & Projects

Rickmers-Linie, the Hamburg-based liner carrier for break bulk, heavy lifts and project cargoes has again been chosen by Kirow for the transportation of railway cranes from Hamburg to Xingang. The shipment in August marked the continuation of a long-standing relationship between the two companies, but was nevertheless a special shipment. It contained six cranes of the type KRC 2880. 20 more units of the type KRC 1680 are to follow into 2015. Read More »

Maersk Line aims to raise freight rates from Asia to Europe

Reuters | August 26, 2014 | Liner Shipping

The world’s biggest container shipping company Maersk Line, a unit of A.P. Moller-Maersk , said it plans to raise freight rates on routes from Asia to northern Europe by $400 per 20-foot container (TEU). Read More »

Turkey, Japan sign $1.7 billion gas-to-liquids project with Turkmenistan

Reuters | August 26, 2014 | Energy

Turkmenistan, holder of the world’s fourth-largest natural gas reserves, signed a $1.7 billion deal with a Turkish-Japanese consortium on Tuesday to build a gas-to-liquids plant as part of its strategy to maximise revenues from its gas riches. Read More »

U.S. court scraps order to seize Kurdish crude from tanker near Texas

Reuters | August 25, 2014 | Energy | Maritime

A U.S. court on Monday threw out an order to seize some 1 million barrels of disputed Iraqi Kurdish crude oil from a tanker near Texas, a move that could allow the cargo to be delivered and end a nearly month-long impasse. Read More »

Australian billionaire politician apologises for TV tirade over China

Reuters | August 25, 2014 | Breakbulk & Projects

Australian mining magnate and politician Clive Palmer has apologised to China’s ambassador to Australia for a tirade in which he referred to the Chinese government as “bastards”, setting off a firestorm in Canberra and Beijing. Read More »

Port San Antonio announces new President and CEO

AJOT | August 25, 2014 | Air Cargo | Ports & Terminals

Port San Antonio announces new President and CEO

Roland C. Mower has helped bring billions of dollars in business investment and supported the creation of thousands of Texas jobs. A business veteran who for more than 25 years has led efforts to attract and grow multi-million dollar industrial and advanced technology projects in Texas and elsewhere in the U.S. will be Port San Antonio’s next President and CEO. Read More »

JAXPORT welcomes the Höegh Jacksonville

AJOT | August 25, 2014 | Ports & Terminals

On Friday, Aug. 22, Jacksonville Mayor Alvin Brown joined executives from Höegh Autoliners and JAXPORT in welcoming the company’s newest auto ship, Höegh Jacksonville, for its inaugural visit to the city it was named after. The ship, named in tribute to the company’s busiest U.S. port, is the first of two sister vessels delivered to Höegh, each able to carry up to 6,500 vehicles. Read More »

Antonov Airlines assigns Bertling as AN-225 sales agent

AJOT | August 25, 2014 | Air Cargo

Antonov Airlines has appointed Bertling Logistics, Inc. as its sales and marketing agent to promote and offer Antonov-225 airlift capacity owned and operated by Antonov Airlines. Bertling Logistics, Inc. will market and sell Antonov-225 capacity to various customers in the United States of America. Read More »

Hamburg port businesses go for dialogue at port reception in St. Petersburg

AJOT | August 25, 2014 | Ports & Terminals

Hamburg and St. Petersburg have been partner cities since 1957, cultivating close economic, cultural, social and scientific contacts. Similarly, the ports of the two cities have maintained excellent economic links for decades. So even in a politically tense situation, Hamburg and St. Petersburg are going for dialogue and cooperation. Read More »

Egypt Suez Canal revenue at $482.2 million in July

Reuters | August 25, 2014 | Ports & Terminals

Revenue from Egypt’s Suez Canal rose by 8.6 percent in July to $482.2 million from $443.9 million in June, Egypt’s state information portal said on Monday. Read More »

Matson Receives ‘Ocean Carrier’ Top Honor for 2014 Quest for Quality Awards

PR Newswire | August 25, 2014 | Liner Shipping

Matson, Inc., a leading U.S. carrier in the Pacific, announced today that Matson Navigation Company, Inc. was ranked number one in the ocean carrier category for Logistics Management magazine's Quest for Quality award, which honored 15 domestic and international carriers. Read More »

Ningbo Port operations back to normal after strike

Reuters | August 24, 2014 | Ports & Terminals

Operations in the eastern Chinese port of Ningbo returned to normal after a strike involving thousands of truck drivers disrupted services last week, the city’s transportation association said on Sunday. Read More »

World Crude Steel production surges 1.7% in July

AJOT | August 24, 2014 | International Trade

World crude steel production totaled 137 million tonnes (Mt) in July 2014, for the 65 countries reporting to the World Steel Association according to the group. Read More »

APM Terminals Virginia sale completed

AJOT | August 24, 2014 | Ports & Terminals

APM Terminals Virginia and a partnership comprising affiliates of investment funds managed by Alinda Capital Partners (Alinda) and Universities Superannuation Scheme Limited (USS) announced that all regulatory requirements and other conditions of their transaction have been satisfied. Read More »

WTO rules against Argentina licensing rules in row with US, EU, Japan

Reuters | August 24, 2014 | International Trade

A World Trade Organisation (WTO) dispute panel ruled against Argentina in a 2012 case brought by the United States, European Union, and Japan against Argentine import licensing rules used to restrict imports. Read More »

Russian import bans a boon for food tycoons

Reuters | August 24, 2014 | International Trade

In the escalating dispute between Russia and the West over Ukraine, a group of businessmen with Kremlin connections are emerging as likely beneficiaries of the tit-for-tat sanctions. Read More »

EU candidate Serbia says will not exploit Russian embargo

Reuters | August 24, 2014 | International Trade

Serbia said it would not subsidise exports to Russia, after the European Union urged the Balkan country - a candidate for accession to the bloc - not to exploit the Kremlin's ban on Western food imports. Read More »

China regulators says Qualcomm seeks to end anti-trust probe

Reuters | August 24, 2014 | International Trade

Qualcomm Inc is seeking to end an investigation by China's pricing regulator into monopoly practices, the company said, expressing its willingness to improve and correct pricing issues according to the regulator. Read More »

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