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China defends rare earth quotas as in line with WTO

AJOT | January 03, 2011 | International Trade

China defended its export controls on rare earth minerals, saying that they were in line with World Trade Organisation rules, after a government move to slash export quotas on rare earths sparked trade concerns.

China, which produces about 97 percent Read More »

China’s rare earths export cut raises trade concerns

AJOT | January 03, 2011 | International Trade

China has raised fresh international trade concerns after slashing export quotas on rare earths minerals, risking action from the United States at the World Trade Organization.

China, which produces about 97 percent of the global supply of rare earth Read More »

China to probe US dumping DDGS to China

AJOT | January 03, 2011 | International Trade

China has launched an anti-dumping investigation into U.S. distillers' dried grains (DDGS), threatening a trade that has grown massively in the last year, benefiting U.S. ethanol producers and Chinese meat eaters.

DDGS, a by-product of ethanol product Read More »

China aims to improve trade balance in 2011

AJOT | January 03, 2011 | International Trade

China will try to import more in 2011 while keeping exports steady, Commerce Minister Chen Deming said, in a sign that the world's second-largest economy is keen to pull more weight as a consumer. Read More »

Beef, pork seen next on China commodity shopping list

AJOT | January 03, 2011 | International Trade

China's appearance in a commodities market can send prices soaring as suppliers scramble to meet demand -- and beef and pork could get the jolt in 2011. The rapid expansion of the world's second-largest economy means that supply and demand of many commodi Read More »

EU ends duties on Gaza, West Bank farm, fish goods

AJOT | January 03, 2011 | International Trade

The European Union will scrap import duties for up to 10 years on farm and fish products from Palestinians in Gaza and the West Bank, it said, a move aimed at helping an economy weakened by conflict with Israel.

The deal affects small volumes of trade Read More »

Japan trade review may revoke preferences for China

AJOT | January 03, 2011 | International Trade

Japan is reviewing its trade preference policy for developing countries in a move that could revoke preferences for about 450 items imported from China, an official at the Finance Ministry said. Read More »

China needs to maintain trade surplus

AJOT | January 03, 2011 | International Trade

It is essential for China to maintain a trade surplus and expand its share of global trade, a senior official said in comments reported that appeared to cut against the government's pledge to seek more balanced trade ties.

Zhong Shan, a vice commerce Read More »

US Congress renews very few trade benefits

AJOT | January 03, 2011 | International Trade

The U.S. Congress approved a six-week renewal of duty-free treatment for goods from Colombia and Ecuador, but will allow similar benefits for about 130 other countries to expire.

The extension provides just enough time for flower exporters in Colombia Read More »

Brazil says wins WTO orange juice case against US

AJOT | January 03, 2011 | International Trade

The World Trade Organization ruled in Brazil's favor in a dispute over the United States' anti-dumping measures on orange juice imports, Brazil's Foreign Ministry said.

The decision by the WTO was preliminary and could be appealed by Washington, a spo Read More »

Brazil resumes processed meat exports to U.S.

AJOT | January 03, 2011 | International Trade

Brazil will resume exports of heat-treated meats to the United States, the agriculture ministry said, after halting shipments earlier this year while sanitary standards were reviewed. Read More »

Wal-Mart invests in Chinese e-commerce firm

AJOT | January 03, 2011 | International Trade

Wal-Mart Stores Inc , the world's largest retailer, has invested in China's top online seller of consumer electronics and communication products, in a push to extend its reach to more Chinese buyers.

Chinese online business-to-consumer (B2C) company 3 Read More »

Volga-Dnepr transports stage equipment for the Festival Mondial des Arts N’gres

AJOT | January 03, 2011 | Air Cargo

Volga-Dnepr Airlines has completed two AN-124-100 freighter flights from Vatry in France to Dakar, Senegal, carrying theatrical stage and sound equipment for the magnificent Festival Mondial des Arts N'gres. Read More »

International air traffic slows, points to easing recovery

AJOT | January 03, 2011 | Air Cargo

International air traffic slowed in November, the airline industry body IATA said, in a sign that the global economic recovery is losing speed.

The International Air Transport Association said harsh weather conditions in many countries in December wer Read More »

Emirates SkyCargo completes first paperless flight

AJOT | January 03, 2011 | Air Cargo

Emirates SkyCargo, a leading force in the industry drive towards e-freight, recently marked a milestone with its inaugural paperless flight. EK702, from Mauritius to Dubai, became the first flight on its global network to operate with a hold filled entire Read More »

Emirates SkyCargo completes its longest flight

AJOT | January 03, 2011 | Air Cargo

Emirates SkyCargo, the freight division of Emirates airline, has set new records by operating its longest ever non-stop flight - 17.5 hours from Sydney to New York. Emirates SkyCargo's new generation Boeing 777 Freighter operated the service, which arrive Read More »

Air Canada selects Descartes for European Customs security filings

AJOT | January 03, 2011 | Air Cargo

Descartes Systems Group announced that Air Canada Cargo has expanded its relationship with Descartes by selecting Descartes' Global Filer solution to manage import customs filings for the upcoming European Union (EU) regulations for advanced entry summary Read More »

Maersk plans Q1 freight rate increases

AJOT | January 03, 2011 | Liner Shipping

Maersk Line plans to raise freight rates from the Middle East and the Indian subcontinent to northern Europe and the Mediterranean twice in the first quarter, it said on its website.

The company announced a $200 per 20-foot container (TEU) and a $400 Read More »

Diana Shipping to spin off containership unit

AJOT | January 03, 2011 | Liner Shipping

Greek drybulk carrier Diana Shipping Inc said it will spin off 80 percent of its current interest in its containership unit.

The Athens, Greece-based company, which has a 55 percent interest in Diana Containerships, said it will distribute about 2.7 m Read More »

Safmarine upgrades Far East-East Africa network

AJOT | January 03, 2011 | Liner Shipping

Safmarine's Far East - East Africa network has been further upgraded with the introduction of a direct service connecting Tanjung Pelepas and the South Chinese ports of Nansha and Yantian with Mombasa (Kenya) and Dar Es Salaam (Tanzania). Read More »

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