Konecranes wins order for 19 industrial cranes from Ma’aden rolling company in Ssudia Arabia

AJOT | April 19, 2011 | Ports & Terminals

Konecranes will supply 19 industrial cranes to Saudi Arabian Ma’aden Rolling Company’s rolling mill in the new industrial zone of Raz Az Zawr north of Jubail. The order was received during the first quarter 2011. Delivery of the cranes will start in Septe Read More »

Full revival of Ivorian cocoa exports to take weeks

AJOT | April 19, 2011 | Ports & Terminals

Ivory Coast cocoa exports will reach normal volumes no sooner than the end of April as authorities iron out new tax and customs procedures, banks reopen, and security improves, shippers said.

The world's top grower of cocoa is slowly recovering from a Read More »

DP World to sell stake in P&O Trans Australia

AJOT | April 19, 2011 | Ports & Terminals

DP World agreed to sell its remaining stake in container services firm P&O Trans Australia (POTA) for A$106 million, the port operator's second sale in Australia in the last five months.

DP World will sell the stake to Qube Logistics , the two compani Read More »

Totem Ocean Trailer Express installs first industrial rain garden in South Sound

AJOT | April 19, 2011 | Ports & Terminals

The Puget Sound region’s first industrial rain garden became a reality on April 19 with a planting event at the Totem Ocean Trailer Express (TOTE) terminal at the Port of Tacoma.

The rain garden, which features almost 600 native plants is designed to Read More »

Ships trickle back to Japan’s quake-damaged ports

AJOT | April 19, 2011 | Ports & Terminals

Ships are starting to flow back to Japan's quake-damaged ports, the country's transport ministry said on Tuesday, despite the lingering nuclear crisis.

An average of 15 vessels per day was docking at 14 major ports in Japan's northeast as operations r Read More »

McDonald honored as Port Manatee Propeller Club Maartime Person of the Year

AJOT | April 19, 2011 | Ports & Terminals

The Port Manatee Propeller Club honored Port Manatee Executive Director David L. McDonald PPM® with its highest honor as Maritime Person of the Year during ceremonies April 14th at the Bradenton Yacht Club.

McDonald received the award based on his eff Read More »

DOJ, DOT & USDA to review lack of rail competition, impact on US exporters

AJOT | April 19, 2011 | Intermodal

The U.S. Departments of Transportation, Justice and Agriculture filed comments about the need for the Surface Transportation Board to take a serious look at how the lack of competition in the railroad industry is hindering U.S. exporters, particularly agr Read More »

China to levy higher anti-dumping duties on EU potato starch

AJOT | April 19, 2011 | International Trade

China will impose from potentially higher anti-dumping duties on potato starch imported from the European Union, the commerce ministry said, finalising a mid-term review of a 5-year tariff launched in 2007.

The commerce ministry has decided to levy fi Read More »

Obama committed to South.Korea trade deal

AJOT | April 19, 2011 | International Trade

U.S. Secretary of State Hillary Clinton said that concluding a long-delayed free trade agreement with South Korea was a priority for the Obama administration, and it was committed to getting the deal done this year.

Clinton told a gathering of busines Read More »

India’s manufacturing revs up as trade deficit looms

AJOT | April 19, 2011 | International Trade

India's rise as an emerging market star with seemingly insatiable demand means firms such as South Korea's LG Electronics are doing a booming business, but the country must rev up its manufacturing sector further or risk an unmanageable trade gap and a sl Read More »

W’rtsil’ to supply total propulsion package for world’s largest semi-submersible heavy lift vessel

AJOT | April 19, 2011 | Air Cargo

W'rtsil', the marine industry's leading solutions integrator, has been awarded the contract to supply a total propulsion package for a new semi-submersible heavy lift vessel. With an overall length of 270 metres, this ship is the largest of its type ever Read More »

Qatar Airways Cargo division adds three new routes

AJOT | April 19, 2011 | Air Cargo

Qatar Airways Cargo has announced an expansion of its dedicated freighter routes with new services to Hanoi, Kozhikode and Bengaluru.

Freighter operations to Kozhikode and onto Bengaluru, formerly known as Bangalore, are served with an Airbus A300 fre Read More »

Abu Dhabi airport posts 9.4% rise in Q1 traffic

AJOT | April 19, 2011 | Air Cargo

Traffic at Abu Dhabi International Airport grew 9.4 percent in the first quarter of 2011 compared with the same period last year, the operating company saidy.

The United Arab Emirates capital's airport handled more than 2.8 million passengers in the f Read More »

Dhaka new in the schedule of Lufthansa Cargo

AJOT | April 19, 2011 | Air Cargo

Lufthansa Cargo is expanding its route network in Asia and offering its customers first flights to Bangladesh. Starting 20 April, the cargo airline is connecting Frankfurt with once-weekly flights to Dhaka. The flights to the capital of Bangladesh, on Wed Read More »

Lufthansa Cargo named world’s best cargo airline

AJOT | April 19, 2011 | Air Cargo

Lufthansa Cargo has been voted the world's best cargo airline by thousands of freight forwarders from all over the world. The Lufthansa subsidiary won the accolade at the 2011 Cargo Airline of the Year Awards ceremony held in London at the weekend, and wa Read More »

Qantas hikes fuel surcharges, says oil price a major threat

AJOT | April 19, 2011 | Air Cargo

Australia's Qantas Airways has raised fuel surcharges on international routes for the third time this year in response to surging oil prices, adding A$100 ($105) to the cost of one-way fares from Australia to Europe and North America.

The increases we Read More »

Hyundai Heavy says wins $827 million order

AJOT | April 19, 2011 | Liner Shipping

South Korea's Hyundai Heavy Industries Co Ltd said that it had signed a combined 900 billion won ($827 million) deal to supply ships to Norway's Fred Olsen Energy and Greece's Container Carrier Corporation.

The company said in a statement that the ord Read More »

OWL promotes three managers

AJOT | April 19, 2011 | Liner Shipping

Ocean World Lines (OWL), a global, single source NVOCC (non-vessel operating common carrier) and a subsidiary of Pacer International, announced that it has promoted three people in key business development positions, effective immediately. Read More »

China COSCO still planning group’s listing

AJOT | April 19, 2011 | Liner Shipping

China COSCO Group, the country's top shipping conglomerate, is still working on plans for a group listing, the Shanghai Securities News said on Friday, citing a top executive, though no timetable was given.

A listing of state-owned COSCO Group, the pa Read More »

Evergreen, Wan Hai & Interasia Lines to launch Taiwan-Madras Trunck Service

AJOT | April 19, 2011 | Liner Shipping

Evergreen Line, Wan Hai Line and Interasia Lines will launch weekly Taiwan-Madras Trunk Service (TMT Service) commencing April 29 from the port of Taichung.

"India enjoys an annual economic growth rate of 8-9% with the cargo volume increasing from the Read More »