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WTO issues ruling on China export restraints

AJOT | February 21, 2011 | International Trade

U.S. trade officials confirmed that the World Trade Organization has issued a preliminary ruling in a case against Chinese export restrictions on certain industrial raw materials but said they could not comment yet on the decision.

"We can confirm tha Read More »

EU trade pact with South Korea clears final hurdle

AJOT | February 21, 2011 | International Trade

The European Parliament approved a free-trade pact between the European Union and South Korea, clearing the way for the EU's largest bilateral trade deal to take effect from July. Read More »

India, Kenya trade to rise 25% in 2011

AJOT | February 21, 2011 | International Trade

Trade between India and Kenya is likely to rise by 20-25 percent this year after growing 23 percent in 2010, New Delhi's envoy to Nairobi said.

Turnover between the two was worth $1.41 billion in 2010, heavily titled in India's favour. Kenya exported Read More »

Colombia sees trade deal with South.Korea, eyes Japan

AJOT | February 21, 2011 | International Trade

Colombia expects to finish a free trade pact with South Korea before the end of June and then focus on a deal with Japan as the Andean nation tries to break into Asian markets, its trade minister said.

The Andean nation was shaken in 2009 after key tr Read More »

India close to decision on opening up retail sector

AJOT | February 21, 2011 | International Trade

India's Trade and Industry Minister said that talks to open up the country's multi-brand retail sector to foreign investors were at an advanced stage, but he did not give a deadline.

"We are very seriously engaged," Anand Sharma told Reuters in an int Read More »

Tar sands row threatens Canada-EU trade deal

AJOT | February 21, 2011 | International Trade

Canada has threatened to scrap a trade deal with the European Union if the EU persists with plans that would block imports of Canada's highly polluting tar sands, according to EU documents and sources.

The European Union has told its fuel suppliers to Read More »

Argentine union boss holds key to grains exports

AJOT | February 21, 2011 | International Trade

A combative Argentine trade union veteran named Herme Juarez has the power to halt the country's multibillion-dollar soy exports and move prices at the Chicago Board of Trade.

Juarez, 69, heads the dock workers' union at the San Martin port outside Ro Read More »

Brazil says wins WTO ruling in US orange dispute

AJOT | February 21, 2011 | International Trade

Brazil said the World Trade Organization had made a final ruling in its favor in a dispute with the United States over anti-dumping measures imposed on its orange juice exports.

The decision by a WTO dispute panel, which Brazil's foreign ministry said Read More »

Halifax Stanfield International Airport receives funding for runway enhancements

AJOT | February 21, 2011 | Air Cargo

The Halifax Port Authority sees continued investment in the transportation sector in Nova Scotia. The funding announced this morning by the Federal Government and the Provincial Government for the extension of the Halifax Stanfield International Airport's Read More »

China air growth to lead global market

AJOT | February 21, 2011 | Air Cargo

Hong Kong is the world's fastest-growing air cargo market, with growth seen at an average of 12.2 percent per year, said International Air Transport Association (IATA) Director General Giovanni Bisignani.

"Asia is the most profitable region in the wor Read More »

Envirotainer’s new e-technology container RAP e2 carries first commerical shipment

AJOT | February 21, 2011 | Air Cargo

Envirotainer's new RAP e2, the next generation of e-technology air cargo containers for highly sensitive healthcare products, has successfully delivered its first commercial shipment.

The milestone first shipment ' which followed airworthiness certifi Read More »

Hapag-Lloyd to be worth as much as $4.75 blllion

AJOT | February 21, 2011 | Liner Shipping

Hapag-Lloyd, the world's fifth-largest container shipping line, aims to be valued at between 3 billion and 3.5 billion euros ($4.07 billion-$4.75 billion) when it lists on the German stock exchange on April 15, a newspaper reported.

Citing an analyst Read More »

Daewoo wins up to $5.7 blllion Maersk ship order

AJOT | February 21, 2011 | Liner Shipping

Daewoo Shipbuilding & Marine Engineering has landed a $1.9 billion order from A.P. Moller-Maersk to build 10 huge container ships, with options to deliver another 20 similar vessels.

At a cost of $190 million per vessel, Maersk said the total contract Read More »

Maersk likely to use first half of Daewoo option

AJOT | February 21, 2011 | Liner Shipping

Maersk Line said it is likely to exercise the first half of a 20-vessel option for additional ships under a $5.4 billion deal with shipbuilder Daewoo.

Maersk confirmed that it placed an order with Daewoo Shipbuilding & Marine Engineering for 10 large Read More »

Maersk 2010 profit seen meeting guidance

AJOT | February 21, 2011 | Liner Shipping

A.P. Moller Maersk is expected to report a swing back into profits for 2010 that will meet the company's guidance for net earnings of about $5 billion, a Reuters poll of analysts showed.

Net profit was estimated on average to be 27.72 billion Danish c Read More »

Two more Rickmers container giants named

AJOT | February 21, 2011 | Liner Shipping

The naming of two more 13,100 TEU container vessels for Rickmers Group took place in Ulsan, Korea. Leo Rickmers and Scorpio Rickmers will come into service for their charterer Maersk Line as Maersk Edmonton and Maersk Elba. Leo Rickmers was named by Manu Read More »

Hanjin sees growth in cargoes but falling profits

AJOT | February 21, 2011 | Liner Shipping

Hanjin Shipping , the world's ninth biggest container shipper, predicted global container shipments would grow up to 8 percent this year, supported by bright trans-Pacific trade prospects.

"(A) return to normalcy--that is our expectation and hope," ch Read More »

Hamburg S’d celebrates christening of a 7,100 TEU container ship

AJOT | February 21, 2011 | Liner Shipping

Hamburg S'd has christened the 'Santa Isabel' in Singapore. She is the second of ten identical container vessels with a capacity of 7,100 TEU each. This makes them not only the largest ships ever built for Hamburg S'd, but also, with their 1,600 reefer pl Read More »

Premium Article  US spending shortfalls on inland waterways undermine US exports

Stas Margaronis | February 17, 2011 | Ports & Terminals

New shipping restrictions on the lower Mississippi River reflect a long-term failure to properly maintain the nation’s waterways causing a crisis for farmers, shippers and exporters. As growing delays and higher costs and undermine commerce, according to Read More »

Premium Article  Infill versus greenfield

Peter Buxbaum | February 17, 2011 | Energy | Intermodal | International Trade | Ports & Terminals

In reversal of former trend, distribution, logistics, and industrial sites are increasingly being located in built up areas
Trends in the location of industrial sites and logistics centers have seen a reversal since the 1990s. Back then, low Read More »

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