Maersk Line’s innovative Climate Box makes a stop in the US

AJOT | April 12, 2011 | Liner Shipping

Maersk Line's Climate Box, an interactive exhibit housed inside a prototype container which gives the community insight about the effects of global shipping, will be available to the public in Charleston from May 10th through May 15th in the VELUX 5 OCEAN Read More »

NOL announces clean-air milestone in Singapore

AJOT | April 12, 2011 | Liner Shipping

NOL Group announced a maritime milestone: its vessels will become the first to use cleaner-burning, low-sulphur gas oil in Singapore.

The decision is expected to curb sulphur oxides emissions from ships by almost 90%. Sulphur oxides are considered a k Read More »

Maersk expects to opt for 10 more mega ships

AJOT | April 12, 2011 | Liner Shipping

A.P. Moller-Maersk expects to exercise its option in June to order 10 more huge container ships to be built by Daewoo Shipbuilding & Marine Engineering at a cost of $1.9 billion.

The world's largest container firm in February outlined plans to order 1 Read More »

High bunker costs to hit shippers on the spot freight market

AJOT | April 12, 2011 | Liner Shipping

Maritime companies that trade more of their vessels on the spot freight market and on shorter intra-Asia trade routes are most likely to feel the heat from soaring bunker costs, industry executives said.

Singapore's benchmark bunker price reached 2-1/ Read More »

Nuclear fears keep shippers wary of travel to Japan

AJOT | April 12, 2011 | Liner Shipping

Foreign crew members remain hesitant to travel near Japan's quake-crippled nuclear plant, including to some ports outside the exclusion zone, forcing shippers to use Japanese vessels instead to transport goods, senior industry executives said. Read More »

Global container market to rebound in second half this year

AJOT | April 12, 2011 | Liner Shipping

The global container market is set to rebound in the third quarter after a sharp downturn driven by overcapacity and limited demand, senior industry executives said.

Container freight rates on the benchmark Asia-European route tumbled by about half in Read More »

It was a pleasing 2010 business year for Hamburg S’d

AJOT | April 12, 2011 | Liner Shipping

Following the historic crisis year of 2009 and a first-time ever decline in global transports in container liner shipping, 2010 saw an unexpectedly sharp volume rise.

Hamburg S'd, too, benefited from a resurgent world economy along with her Brazilian Read More »

CMA CGM to resume Ivory Coast port calls

AJOT | April 12, 2011 | Liner Shipping

French container shipping group CMA CGM is to resume services to Ivory Coast, with a first ship due to arrive in Abidjan on April 18th, the company said.

The decision followed the lifting of European Union sanctions against Ivory Coast and a gradual r Read More »

NICOLAS involved in the building of the ChongQi Bridge in China

AJOT | April 10, 2011 | Breakbulk & Projects

In China, a 7 km long bridge is currently being constructed over the Yangtze River. The ChongQi bridge will eventually connect Chongming Island - an island in Shanghai - and the city of Qidong in Jiangsu. For the project, 12 main elements made of steel fo Read More »

Diana Shipping announces time charter contract for m/v Danae

AJOT | April 10, 2011 | Breakbulk & Projects

Diana Shipping Inc., a global shipping company specializing in the transportation of dry bulk cargoes, announced that it has entered into a time charter contract with Hyundai Merchant Marine Co., Ltd., Seoul, South Korea for one of its Panamax dry bulk ca Read More »

MOL-developed optimum trim system boosts car carrier fuel efficiency up to 4%

AJOT | April 10, 2011 | Breakbulk & Projects

Mitsui O.S.K. Lines announced the joint development of an optimum trim system for vessels, along with Akishima Laboratories (Mitsui Zosen) Inc.

A pilot test of the system, using a 6,400-unit car carrier, showed an increase of up to 4% in fuel efficie Read More »

China finds 10 cases of abnormal radiation from Japan since March

AJOT | April 10, 2011 | Breakbulk & Projects

China's quality watchdog has found 10 cases of ships, aircraft or cargo arriving from Japan with higher than normal levels of radiation since mid-March, following damage to a Japanese nuclear plant after an earthquake, the agency said. Read More »

Shippers face tough times with rising oil, low rates, piracy

AJOT | April 10, 2011 | Breakbulk & Projects

Rising fuel prices, tumbling freight rates, piracy and now radiation fears will make this year one of the most difficult in decades for the maritime industry, forcing some shippers out of business.

Despite unprecedented global demand for oil and commo Read More »

FESCO Transportation Group carries 4.1 million pound crane to China

AJOT | April 10, 2011 | Breakbulk & Projects

FESCO Transportation Group, the number one logistics provider to Russia, announced that it is transporting a 4.1 million pound (1850 metric ton) Lampson Model LTL-2600B Mobile Crawler Crane from Kennewick, Washington to China. The crane is scheduled to ar Read More »

London Thamesport welcomed the Portofino on the upgraded ARN Service by MOL

AJOT | April 10, 2011 | Ports & Terminals

London Thamesport welcomed the Portofino on the upgraded ARN Service by Mitsui OSK Lines (MOL) on April 7th. The port rotation for the service is: London Thamesport, Antwerp, Dakar, Tin Can Island, Tema, Abidjan (when practical), Antwerp, Hamburg. Read More »

Holt Logstics invests more than $1 million on new equipment

AJOT | April 10, 2011 | Ports & Terminals

In its continuing effort to grow the containerized cargo business at the Packer Avenue Marine Terminal (PAMT), Holt Logistics Corp. announced that Greenwich Terminals, LLC will invest an additional $1 million in new storage equipment designed to increase Read More »

Metro Ports appoints new Director, Business Development, US Gulf and East coast

AJOT | April 10, 2011 | Ports & Terminals

Metro Ports, a holding of Nautilus International Holding Corp., recently announced the appointment of Charles Tillotson to the position of director, business development, U.S. Gulf and East Coast.

Tillotson, who joins Metro Ports as a logistics profe Read More »

Secretary LaHood argues case of better transportation use of America’s coasts & waterways

AJOT | April 10, 2011 | Ports & Terminals

U.S. Transportation Secretary Ray LaHood released a report which will serve as a roadmap to the future in creating and further strengthening the nation’s marine highways. Prepared by the U.S. Department of Transportation’s Maritime Administration, the re Read More »

ICTSI, LTSB ink port deal in Tamil Nadu, India

AJOT | April 10, 2011 | Ports & Terminals

International Container Terminal Services, Inc. (ICTSI) and L&T Shipbuilding Ltd. (LTSB) have signed a container port operation agreement for the management and operations of the Kattupalli Container Terminal in Tamil Nadu, India.

Contracting parties Read More »

Konecranes to supply additional ten RTG cranes to Indonesia

AJOT | April 10, 2011 | Ports & Terminals

In February 2011, Konecranes received a repeat order for ten RTG (rubber tired gantry) cranes from Indonesian state-owned terminal operator PT. Pelabuhan Indonesia I (Persero), (“Pelindo 1”). The cranes will be delivered to Belawan International Container Read More »