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Hamburg S’d announces general rate increase for East Coast US/Canadian cargo shipments to Europe

AJOT | September 02, 2010 | Liner Shipping

Hamburg S'd announced today that effective October 15, 2010, a General Rate Increase (GRI) will be applied to all cargo moving from the East Coasts of the United States and Canada to Europe. Read More »

MOL starts safety campaign

AJOT | September 02, 2010 | Liner Shipping

Mitsui O.S.K. Lines, Ltd. announced the launch of the semiannual Safety Campaign for all MOL-operated vessels. During the campaign, the company will publicize about the MOL goal of 'four zeroes'- zero serious marine incidents, zero oil pollution, zero fat Read More »

CMA CGM Group first-half 2010 results

AJOT | September 02, 2010 | Liner Shipping

The Board of Directors of France-based CMA CGM, the world's third largest container shipping Group, met under the chairmanship of Jacques R. Saad' to review the financial statements for the six months ending 30 June 2010.

The recovery in busi Read More »

Premium Article  Trade opportunities vary in Brazil and Colombia

Karen Thuermer | August 29, 2010 | International Trade

Brazil, with its rapidly expanding economy, and Colombia, which could reap multiple benefits from a free trade agreement with the United States, offer enormous potential to shippers of imported and exported goods.
By Karen E. Thuermer, AJOT Read More »

Premium Article  Puerto Rico Offer Dynamic Trade Opportunities Unique to the Caribbean

Karen Thuermer | August 29, 2010 | International Trade

American Hotel Register Co., the world’s largest supplier to the hotel industry, offers a good example of a company that exports to and supplies Caribbean nations like Puerto Rico with much needed goods.
By Karen E. Thuermer, AJOT Read More »

Premium Article  An alternative to Asia

Peter Buxbaum | August 29, 2010 | International Trade

Latin America presents advantages, disadvantages to traditional sourcing venues
Most U.S. companies automatically think of China, Southeast Asia, and India when the subject of the sourcing of products comes up. But Latin America presents an Read More »

Premium Article  Peru: holding its own in an uncertain world

Peter Buxbaum | August 29, 2010 | International Trade

Sound economic policies shielded the country from the worst of the global recession while continuing infrastructure investments boost the economy.
Peru is a comer among South American economies. While usually not spoken of in the same breath Read More »

Premium Article  Four carriers to jointly launch new service from Asia to South America West Coast

AJOT | August 29, 2010 | Liner Shipping

China Shipping Container Lines (CSCL), Hanjin Shipping (HANJIN), CMA CGM S.A. (CMA CGM) and Hyundai Merchant Marine (HMM) have announced that they will jointly launch a new direct service from Asia to South America West Coast including Manzanillo, Mexico. Read More »

Golden Ocean Group believes China’s hunger for ore and coal will likely blunt the risk to freight…

AJOT | August 29, 2010 | Breakbulk & Projects

Golden Ocean Group believes China's hunger for ore and coal will likely blunt the risk to freight rates from potential overcapacity in the dry bulk shipping sector.

The Norwegian company posted operating profit up 175 percent to $33 million i Read More »

Wilhelmsen Ships Service completes project cargo management contract in Jeddah, Saudi Arabia

AJOT | August 29, 2010 | Breakbulk & Projects

Wilhelmsen Ships Service undertook a significant project in Saudi Arabia when the company moved equipment and parts totaling some 32,000 tons over difficult road networks destined for the construction site of the new Al Safwa cement plant. The consignmen Read More »

Intermarine’s F-Class series

AJOT | August 29, 2010 | Breakbulk & Projects

Intermarine has announced that its next generation of multipurpose heavy lift carriers has commenced delivering with the M/V Industrial Freedom in late August 2010. Read More »

100th mega container ship in Rotterdam

AJOT | August 29, 2010 | Ports & Terminals

On August 26th, the Evelyn Maersk was the 100th ultra large container carrier (ULCC) to sail into the port of Rotterdam in 2010. A ULCC is a ship that can carry more than 10,000 TEU (unit measurement for containers). It was less than three years ago that Read More »

Port of Baltimore selected for further study as Marine Highway Project

AJOT | August 29, 2010 | Ports & Terminals

The Port of Baltimore, in partnership with the Port of New Bedford (MA) and Port Canaveral (FL), has been selected for further study and analysis by the U.S. Maritime Administration (MARAD) for its America’s Marine Highway program. The partnership has pr Read More »

Port of New Orleans christens new dredge

AJOT | August 29, 2010 | Ports & Terminals

Patricia Karst Reed honored her late husband, former Port of New Orleans Executive Director Edward S. “Ned” Reed, by christening the Port’s new dredge that bears his name.

The dredge is the third owned by the Board of Commissioners of the Por Read More »

JAXPORT names Interim Executive Director

AJOT | August 29, 2010 | Ports & Terminals

The Board of Directors of the Jacksonville Port Authority (JAXPORT) appointed Chris Kauffmann interim Executive Director following the decision by Rick Ferrin to step down from this role. Ferrin has agreed to serve in a new position where he will exercise Read More »

GPA welcomes 8,500-TEU vessel

AJOT | August 29, 2010 | Ports & Terminals

The Georgia Ports Authority (GPA) welcomed the largest vessel ever to call on the Port of Savannah recently when the 8,500-TEU (twenty-foot equivalent unit) M/V CMA CGM Figaro docked at Garden City Terminal.

"The future of shipping is here to Read More »

GPA moves more than a quarter million TEUs in July

AJOT | August 29, 2010 | Ports & Terminals

Georgia Ports Authority’s (GPA) Executive Director Curtis J. Foltz announced that the GPA moved more than a quarter million TEUs (twenty-foot equivalent units) in July 2010, marking the best month ever in GPA’s history and continuing eight consecutive mon Read More »

Court ruling: Los Angeles Clean Truck Program legally sound

AJOT | August 29, 2010 | Ports & Terminals

Industry attacks to derail Clean Air Program defeated; port programs nationwide given greenlight.

The U.S. District Court upheld the legality of the Port of Los Angeles’ Clean Truck Program, which the Natural Resources Defense Council (NRDC) Read More »

50 Kalmar terminal tractors for Mexico

AJOT | August 29, 2010 | Ports & Terminals

Cargotec has received an order for 50 Kalmar Ottawa 4x2 terminal tractors from Idealease, a North American-based truck and equipment lease and rental services business. The units will be leased to a customer operating at the ports of Lázaro Cárdenas and M Read More »

Forth Ports profit up, eyes ports acquisitions

AJOT | August 29, 2010 | Ports & Terminals

Forth Ports reported an expected 29 percent rise in first-half profit, driven by growing container volumes and cost cutting initiatives, and said it would look to acquire other port businesses. Read More »

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