Mercosur eyes increase in import substitution

AJOT | June 29, 2011 | International Trade

South American trade bloc Mercosur will seek to increase trade within the zone and protect itself from cheap Asian imports, ministers from member countries said.

Representatives of the grouping -- which includes Argentina, Uruguay, Paraguay and Brazil Read More »

China sets trade sights on Southern Silk Road

AJOT | June 29, 2011 | International Trade

China will expand trade with developing states in the Southern hemisphere in the coming years, boosting outward investment and allowing imports to double, a senior Chinese diplomat said.

"China will increase trade with other developing nations, strivi Read More »

International air traffic up 6.8% in May

AJOT | June 29, 2011 | Air Cargo

Air transport volumes could suffer turbulence in coming months due to unrest in the Middle East and the euro crisis, the industry body said when reporting a rise in volumes for May.

International Air Transport Association data showed passenger traffic Read More »

India next as ECS increases its global footprint

AJOT | June 29, 2011 | Air Cargo

ECS Group is pressing ahead with the international expansion of its GSSA sales network with plans to cover major locations in India by the end of 2011.

Already this year the company has opened new operations in Vietnam and Hong Kong as well as Shangha Read More »

Southwest Airlines Cargo selects Descartes to provide its customers with real-time cargo visibility

AJOT | June 29, 2011 | Air Cargo

Descartes Systems Group announced that Southwest Airlines has deployed Descartes' cloud-based Air Messaging Service to its Cargo Customers. Descartes shipment status messaging allows Southwest Airlines Cargo to deliver real-time alerts to its freight forw Read More »

MOL enhances Asia-East Coast South America Service

AJOT | June 29, 2011 | Liner Shipping

Mitsui O.S.K. Lines, Ltd has announced an upgrade to its Asia-East Coast South America Service (CSW). From July 2011 through 2012, MOL will launch a total of 10 new 5,600 TEU containerships and replace with our currently-operated vessels. The newbuilding Read More »

NOL joint venture container terminal in Qingdao begins operations

AJOT | June 29, 2011 | Liner Shipping

NOL Group opened its new terminal at the Port of Qingdao with the arrival of the APL Dubai. Originally expected to open in the second half of 2011, the joint venture container terminal opened for business well ahead of schedule.

'We are happy that we Read More »

Maersk Line suspends some Iran ops over sanctions

AJOT | June 29, 2011 | Liner Shipping

Maersk Line suspended operations at several Iranian ports, potentially disrupting critical food shipments as it complies with tightening U.S. sanctions.

Maersk manages several refrigerated ships and container vessels that transport food to the country Read More »

Maersk Line N. America names new V.P. Global Contract Execution of US Military & Gov’t Cargo Service

AJOT | June 29, 2011 | Liner Shipping

Maersk Line North America has named Gordon Dorsey as Vice President of Global Contract Execution for U.S. Military and Government Cargo Services effective July 1, 2011. In his new role, he will be responsible for Read More »

German shippers see no let-up in piracy

AJOT | June 29, 2011 | Liner Shipping

German shippers are increasingly turning to private security suppliers to combat the threat of piracy, a study showed.

Somali pirates are making millions of dollars in ransoms from seizing ships in the Indian Ocean and Gulf of Aden, despite attempts b Read More »

Ship industry confidence hits 2-year low

AJOT | June 29, 2011 | Liner Shipping

Confidence in the shipping industry has fallen to its lowest level in two years as vessel oversupply issues and rising bunker fuel costs have taken their toll, a survey showed.

The latest quarterly shipping survey by accountancy and advisory firm Moor Read More »

China shipping exchange launches first forward freight

AJOT | June 29, 2011 | Liner Shipping

The Shanghai Shipping Freight Exchange Co (SSEFC) has launched China's first forward freight container contract, allowing local exporters and shipping companies to manage growing volatility in freight rates.

The forward contracts are based on shipping Read More »

Turk group takes over Albanian container port

AJOT | June 27, 2011 | Ports & Terminals

Turkish groups Kurum Holdings and Global Investments Holding are to operate a container terminal at Durres port in Albania, aiming to turn it into a hub serving landlocked countries in the western Balkans.

Zeki Kaya, Kurum Holding's country director, Read More »

Seattle port recognizes APL for commitment to environmental protection

AJOT | June 27, 2011 | Ports & Terminals

APL was recognized by the Port of Seattle for its commitment to environmental protection at an event held to mark a milestone in the port’s air emissions program.

The APL Spain was the 800th vessel to call the Port of Seattle under the latter’s At-Ber Read More »

Port of Hartlepool demonstrates its focus on 
renewable energy sector to Energy Minister

AJOT | June 27, 2011 | Ports & Terminals

The Port of Hartlepool hosted a visit by Charles Hendry, Minister of State for the Department of Energy and Climate Change, and used the opportunity to call for more clarity in the Government’s renewable energy policy.

The port in north-east England i Read More »

Konecranes expands its footprint in Saudi Arabia

AJOT | June 27, 2011 | Ports & Terminals

In June 2011, Konecranes acquired 100 percent of the Saudi Arabian crane manufacturer Saudi Cranes & Steel Works Factory Company Limited (“Saudi Cranes”). Saudi Cranes is headquartered in Al Jubail Industrial City and the company has approximately 100 emp Read More »

MPA and Panama Canal renew ties

AJOT | June 27, 2011 | Ports & Terminals

The Maryland Port Administration (MPA) and Panama Canal Authority (ACP) have renewed their Memorandum of Understanding (MOU) agreement for five additional years as the Panama Canal expansion project continues and the Port of Baltimore anticipates the comp Read More »

Poitevint re-elected GPA Board Chairman

AJOT | June 27, 2011 | Ports & Terminals

The Board of Directors of the Georgia Ports Authority (GPA) re-elected Alec L. Poitevint, II, of Bainbridge to serve a second term as Chairman of the Board.

“I am honored to serve the people of Georgia,” said Poitevint. “We will continue to generate m Read More »

Wise elected Long Beach Harbor Commission President


AJOT | June 27, 2011 | Ports & Terminals

Susan E. Anderson Wise was elected President of the Long Beach Board of Harbor Commissioners on June 27 by her fellow commissioners as part of the commission’s annual board officers selection.

Wise, who was appointed to the Harbor Commission in 2008, Read More »

APM Terminals exec sees growth in Latin America

AJOT | June 27, 2011 | Ports & Terminals

Executives at APM Terminals, one of the world's top port operators, said they are investing heavily in Latin America because the region's pace of growth in container traffic trails only China.

It is investing $1.7 billion in two new projects in Latin Read More »