Lufthansa Cargo transports artworks for Sino-German exhibition

AJOT | March 16, 2011 | Air Cargo

Lufthansa Cargo has transported 287 works of art from Germany to Beijing as a partner of the Sino-German exhibition 'The Art of the Enlightenment'. The exhibits from the National Museums in Berlin, the Dresden State Art Collections and the Bavarian State Read More »

Founding members sign basic principles for new global air cargo advisory group

AJOT | March 16, 2011 | Air Cargo

Air cargo security and e-commerce will be the priorities of the newly-formed Global Air Cargo Advisory Group (GACAG) after its four founding member associations finalized and signed the basic principles of the Group at the IATA World Cargo Symposium in Is Read More »

Larkin rejoins Crowley as VP, Sales and Customer Care

AJOT | March 16, 2011 | Liner Shipping

Frank Larkin has rejoined Crowley Maritime Corporation as vice president of sales and customer care for the company's liner services and logistics groups. He is domiciled in Jacksonville and reports to Steve Collar, senior vice president and general manag Read More »

Post-quake update on MOL-operated vessels

AJOT | March 16, 2011 | Liner Shipping

Bulker C.S. Victory safe after grounding during tsunami 
Mitsui O.S.K. Lines, Ltd. reported that all the crew have returned to the MOL-chartered bulker C.S. Victory, which was carried toward a breakwater by the tsunami and grounded in the shallow ha Read More »

Evergreen Line to launch JTS direct service from Japan to South China region

AJOT | March 16, 2011 | Liner Shipping

In a further expansion of its intra-Asia regional network, Evergreen Line is set to launch a weekly Japan-Taiwan-South China Sea (JTS) service from March 17. Read More »

Hamburg S’d expands North America West Coast service to include Hamburg

AJOT | March 16, 2011 | Liner Shipping

At the end of a one-month journey, the CAP PALMERSTON was the first ship in the expanded North America West Coast (WAMS) service operated by Hamburg S'd to reach the Port of Hamburg yesterday. The vessel was handled and cleared at the HHLA Container Termi Read More »

Carlyle, Tiger to invest $5 blllion in shipping

AJOT | March 14, 2011 | Breakbulk & Projects

Carlyle Group has formed a joint venture with maritime investment firm Tiger Group to buy more than $5 billion worth of vessels with a group of other investors to tap growing shipping demand in the region.

The joint venture will commence operations im Read More »

Oslo shippers up demand view post Japan quake

AJOT | March 14, 2011 | Breakbulk & Projects

Oslo-listed shipping firms expect demand for shipping services to rise following last week's devastating earthquake and tsunami in Japan, top executives said.

Frontline, the world's largest independent oil tanker firm, and dry bulk shipper Golden Ocea Read More »

Torm calls bottom of shipping cycle as losses deepen

AJOT | March 14, 2011 | Breakbulk & Projects

Danish shipping group Torm believes the shipping market had reached the bottom of a cycle as it reported deepening losses for 2010 and predicted a similar loss for this year.

Torm shares slid to stand 12.7 percent lower at 33.16 crowns at 1110 GMT, re Read More »

InterMax from Shanghai operate complex import of heavy steel structures

AJOT | March 14, 2011 | Breakbulk & Projects

InterMax Logistics Solution (ITM), a member of the Cargo Equipment Experts CEE network in Shanghai, recently signed a long term contract with a customer to handle their supply chain management to import spare parts as well as main sections/components to t Read More »

Transnet may spend $14.6 blllion on new port

AJOT | March 14, 2011 | Ports & Terminals

South Africa's logistics group Transnet plans to spend at least 100 billion rand ($14.6 billion) to build a new port in Durban, the Business Report newspaper.

Quoting Mafika Mkwanazi, Transnet's board chairman, the paper said it was not known how much Read More »

Rains halt truck, rail access to Brazil grain port

AJOT | March 14, 2011 | Ports & Terminals

The flow of soy and other goods to Brazil's main No. 2 port of Paranagua is suspended for trucks and railway due to damage from heavy rains, risking a shortage of grain for exports, authorities said.

The descending leg of the BR-277 highway leading ov Read More »

Bahrain ports operating, but hit by unrest

AJOT | March 14, 2011 | Ports & Terminals

Growing unrest in Bahrain has led to staff shortages at the island's ports and slower operations although terminals were open, shipping sources said.

Bahrain declared martial law on Tuesday, looking to end weeks of protests by its Shi'ite Muslim major Read More »

All Japanese ports shut after huge quake

AJOT | March 14, 2011 | Ports & Terminals

All Japanese ports are closed, and discharging operations stopped after the country was hit by its biggest earthquake on record and a 10-metre tsunami, shippers said.

The 8.9 magnitude quake was the fifth most powerful to hit the world in the past cen Read More »

Japanese seaports damaged by quake

AJOT | March 14, 2011 | Ports & Terminals

At least six Japanese ports were damaged by last week's massive earthquake and tsunami, with four potentially out of operation for months, if not years, industry officials and experts said.

Japan was assessing the damage to ports north of Japan's capi Read More »

TransCore’s North American Freight Index reports record truckload volume for the month of February

AJOT | March 14, 2011 | Intermodal

TransCore's North American Freight Index shows the highest spot market truckload freight volume for the month of February since the company established the North American Freight Index in 1986. January's freight volume set a similar record. Read More »

US senators urge pressure on China over rare earths

AJOT | March 14, 2011 | International Trade

Two U.S. senators urged President Barack Obama's administration "to step up its fight against China's hoarding of critical rare earth elements" by blocking funding for Chinese mining projects.

Democratic senators Charles Schumer and Debbie Stabenow sa Read More »

WTO top court backs China in US duties dispute

AJOT | March 14, 2011 | International Trade

The World Trade Organization's top court upheld some Chinese objections to a ruling that had backed the right of the United States to impose extra duties on Chinese goods that Washington said were unfairly priced and subsidized.

In particular, the app Read More »

Asia to test Japan food imports for radiation

AJOT | March 14, 2011 | International Trade

South Korea, Hong Kong, Singapore and the Philippines will test Japanese food imports for radiation, officials said, and other countries may also step up monitoring as Japan tries to contain a nuclear crisis.

"As far as radiation is concerned, I think Read More »

Evergreen integrating group’s resources to assist Japan’s rescue efforts for earthquake and Tsunami

AJOT | March 14, 2011 | Liner Shipping

Evergreen Group announced that the Group Chairman Dr. Yung-fa Chang has instructed that the Group's resources including but not limited to the marine and aviation business be used to assist the rescue work for the unspeakable tragedy of earthquake and Tsu Read More »