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Air China says to buy four Boeing planes for $1.2 blllion

AJOT | September 13, 2010 | Air Cargo

Air China Ltd said it had agreed to buy four 777-300ER aircraft from Boeing for a total basic price of $1.15 billion to expand fleet capacity. Read More »

Ocean World Lines opens new office in Singapore

AJOT | September 13, 2010 | Liner Shipping

Ocean World Lines (OWL), a global door-to-door and end-to-end NVOCC, is opening a new office in Singapore in line with its expanding presence in the Asia-Pacific region. Read More »

TUI eyes Hapag IPO

AJOT | September 13, 2010 | Liner Shipping

German tourism group TUI is preparing to float its 43 percent stake in container shipping group Hapag-Lloyd as a first step in a strategic reshuffle, company and financial sources said.

The process is expected to lead to combining TUI and listed Briti Read More »

Crowley opens Customs bonded warehouse in Panama

AJOT | September 13, 2010 | Liner Shipping

Crowley's distribution center network in Panama, also known as Trailmovil, SA, last week opened a new Customs bonded warehouse facility to provide the Panamanian market with storage and cargo handling that focuses on proper treatment and security. The fac Read More »

EU seals deal on Pakistan trade breaks

AJOT | September 09, 2010 | International Trade

European Union leaders agreed to grant limited trade concessions to Pakistan to help it overcome the impact of devastating floods and maintain political stability, diplomats said.

Pakistan will receive an "immediate and time-limited reduction Read More »

Dockwise announces $37 Million in heavy marine transport and engineering awards

AJOT | September 02, 2010 | Breakbulk & Projects

Dockwise Ltd. announces 12 awards for Heavy Marine Transport (HMT) and engineering projects that have recently been secured by its subsidiary Dockwise Shipping with a total contract value of almost USD 37 million.

Dockwise was awarded an engi Read More »

Kazakhstan diversifies grain export markets

AJOT | September 02, 2010 | Breakbulk & Projects

Kazakhstan, the world's seventh-largest wheat exporter last season, has invested heavily in its grain infrastructure to increase access to new markets and reduce its dependence on expensive supplies across Russia.

Kazakh grain, though of high Read More »

GAC boosts presence in the Baltic Sea region with acquisition of leading Finnish ship agency

AJOT | September 02, 2010 | Breakbulk & Projects

The GAC Group has strengthened its Baltic Sea region coverage with the amicable acquisition of leading Finnish ship agent, John Nurminen Navis Oy (JNN). Read More »

Shipper PSL sees dry freight near all-time low next year

AJOT | September 02, 2010 | Breakbulk & Projects

Freight rates for dry bulk carriers could tumble near historic lows next year as new ships flood the market and iron ore demand in China weakens, said the head of Precious Shipping. Read More »

Two low-profile cranes from the Port of Oakland go through the Panama Canal August 27th

AJOT | September 02, 2010 | Ports & Terminals

Two low-profile cranes from the Port of Oakland go through the Panama Canal August 27th Read More »

APM Terminals Aarhus and Cargo Service merge

AJOT | September 02, 2010 | Ports & Terminals

APM Terminals Aarhus and Cargo Service have agreed to combine their two facilities into one port complex to serve the customers better through one long contiguous deepwater berth and one set of truck gates, and to obtain the operational synergies of impro Read More »

PHA approves $500,000 contract for dredging at Bayport Wharf

AJOT | September 02, 2010 | Ports & Terminals

Port Commission of the Port of Houston Authority authorized a $512,502 construction contract to Sullivan Land Services, Ltd. for maintenance dredging at Bayport Wharf No. 3 and approved a proposal to host the 2014 American Association of Port Authorities Read More »

GPA hosts a harbor deepening business forum

AJOT | September 02, 2010 | Ports & Terminals

The Georgia Ports Authority (GPA) hosted local business leaders to discuss the impact of the Savannah Harbor Expansion Project (SHEP). The event brought more than 60 members of the local business, economic development, maritime and logistics industries. Read More »

Konecranes new SMARTON® crane wraps up a smarter lifting package for steel producers

AJOT | September 02, 2010 | Ports & Terminals

Konecranes, a global leader in the manufacturing of overhead lifting equipment, introduces the SMARTON®. SMARTON from Konecranes is the next-generation evolution in lifting technology with significant benefits for steel producers. This smart crane has an Read More »

Quay move for Felixstowe South cranes

AJOT | September 02, 2010 | Ports & Terminals

The first three ship-to-shore gantry cranes have been delivered to the Port of Felixstowe’s new Felixstowe South development. The cranes are the biggest of their type in the world, and are capable of handling future generations of container ships with 24 Read More »

Rental company orders a total of eight Kalmar reachstackers

AJOT | September 02, 2010 | Ports & Terminals

Belgium-based equipment rental company Cuypers Vorkliften N.V. has awarded Cargotec an order for six Kalmar DRF450-60S5M reachstackers. The company plans to lease the machines to its customers operating at the Port of Antwerp. The agreement was made in th Read More »

Panama’s Cabinet Council approves new Canal pricing structure

AJOT | September 02, 2010 | Ports & Terminals

The Cabinet Council of the Republic of Panama approved a proposal to modify the Panama Canal pricing structure, following a recommendation from the Panama Canal Authority (ACP) Board of Directors. Read More »

Harwich International welcomes largest jack-up vessel

AJOT | September 02, 2010 | Ports & Terminals

Further evidence of the crucial role played by Harwich International Port in the development of the offshore renewables industry has been provided by the maiden call of the MPI Resolution, the largest jack-up vessel seen at the port to date.

Read More »

PD Ports shows delicate touch with wind farm units

AJOT | September 02, 2010 | Ports & Terminals

Moving 75 ton nacelle units from a ship to a specialist vehicle took some delicate touches from PD Ports’ experienced stevedoring team at the Port of Immingham. Read More »

Port of Indiana-Burns Harbor handles record-setting project cargo

AJOT | September 02, 2010 | Ports & Terminals

The Port of Indiana-Burns Harbor is currently handling one of the biggest single cargoes in the port’s 40-year history. A 388-ton electrical transformer recently arrived on the ship “Beluga Recognition” from Cordoba, Spain, and was transloaded at the port Read More »

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