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New eight-person US group helps fight China economic ‘coercion’

Bloomberg | April 29, 2024 | International Trade

When South Korea decided to host a US anti-ballistic missile system, the lucrative flow of tourists from neighboring China suddenly dried up. When Australia accused Beijing of meddling in its domestic politics and demanded answers over the origins of Covid-19, China stopped buying exports like coal, wine and beef.

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Red Sea diversions spew carbon emissions equal to 9 million cars

Bloomberg | April 29, 2024 | Green Shipping | Maritime

Ships seeking to avoid ongoing attacks by Houthi rebels in the Red Sea area are emitting millions of additional tons of carbon, making it tougher for companies using ocean freight to reduce pollution across their supply chains.

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Hapag-Lloyd launches first dry container tracking product “Live Position”

AJOT | April 29, 2024 | Maritime | Technology

By being the first container shipping line to introduce a fleet-wide dry container tracking product, Hapag-Lloyd is demonstrating its commitment to deploying pioneering IoT (Internet of Things) technology in logistics on a large scale. More than two thirds of the dry container fleets have already been equipped with tracking devices...

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Mi-Jack Products partners with Terberg Taylor Americas for PDS-ready yard and terminal tractors

AJOT | April 29, 2024 | Ports & Terminals | Equipment and Tech

Mi-Jack Products, the industry leader for container terminal and material handling equipment and technology, has announced the addition of the newest line of PDS-ready yard and terminal tractors in collaboration with Terberg Taylor Americas, designed to keep up with the toughest industry demands.

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Brin-backed carbon removal startup nears firing up its new plant

Bloomberg | April 29, 2024 | Energy | Alternative | Green Shipping

280 Earth CEO John Pimentel will appear at Bloomberg Green Festival in July. In his first comments since taking over, he explains why he’s aiming for a moonshot.

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2024 FIATA HQ meeting: Uniting for resilience

AJOT | April 29, 2024 | Logistics

FIATA the International Federation of Freight Forwarders Associations closed its 2024 FIATA HQ Meeting yesterday, after 4 intensive days of interactive discussions and workshops.

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Oversized drums handled by Cosmatos in Greece

AJOT | April 29, 2024 | Project / Heavy Lift | Maritime Project

Cosmatos Shipping Services, a member of the Worldwide Project Consortium (WWPC) for Greece, handled the transport arrangements for 7 drums, picked up from FCA manufacturer EKME and loaded onto MV FEHN CALYPSO via Thessaloniki port.

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AGI Global Logistics announce new strategic partnership in Sweden

AJOT | April 29, 2024 | Trucking

Since launching freight and logistics services into the Scandinavian market 6 years ago, the team at AGI Immingham has been using their fleet of mega’s and Eurolines to offer customers the best service, handling FTL and Groupage loads across Scandinavia, with the team moving anything from steel products to soft toys.

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Norvic Shipping takes positive steps towards future growth with executive leadership transition

AJOT | April 29, 2024 | Maritime | Bulk | People | Appointments

In a strategic move to further enhance its position in the global shipping industry, Norvic announces the departure of Michael Fenger from his role as Chief Commercial Officer effective April 26th, 2024.

Skanska awarded contract to develop offshore wind port at South Brooklyn Marine Terminal
Energy
AJOT | Top Story | April 29, 2024

Skanska awarded contract to develop offshore wind port at South Brooklyn Marine Terminal

Skanska, a leading global construction and development firm, has announced a contract award worth $861 million to transform the 73-acre South Brooklyn Marine Terminal (SBMT) into one of the nation’s largest dedicated offshore wind ports.
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SWISS head of cargo Stoll to leave the company

AJOT | April 29, 2024 | Air Cargo | Freighters

Lorenzo Stoll, Head of Cargo at Swiss International Air Lines, is to leave the company after 11 years. Stoll presently heads SWISS’s Swiss WorldCargo division, with overall charge of all the company’s airfreight activities.

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Deal time: Global upstream opportunities valued at $150 billion expected to fuel M&A activity in 2024 /Rystad Energy

AJOT | April 29, 2024 | Energy

After the biggest first quarter for global upstream dealmaking in five years, the industry could see another $150 billion of merger and acquisition (M&A) deals in the remainder of 2024.

Port of Oakland air quality initiatives supported by $4 million federal grant

AJOT | April 29, 2024 | Green Shipping | Ports & Terminals

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U.S. energy-related CO2 emissions decreased by 3% in 2023

AJOT | April 29, 2024 | Energy

Based on analysis in our most recent U.S. Energy-Related Carbon Dioxide Emissions report, U.S. energy-related CO2 emissions decreased by 3%, about 134 million metric tons (MMmt), in 2023.

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Conveyco Technologies welcomes Keiger as its new VP of Sales 

AJOT | April 29, 2024 | Shipping Technology | People | Appointments

Conveyco Technologies, a leading provider of advanced material handling solutions, has announced the appointment of Brian Keiger as Vice President of Sales. In this role, Keiger will lead Conveyco's sales organization and drive revenue growth through strategic sales initiatives.

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Qatar Airways renews partnership with UNHCR to support communities in need

AJOT | April 29, 2024 | Air Cargo | Airlines

The national airline of the State of Qatar, and UNHCR, the UN Refugee Agency extend their partnership for another two years from 2024 through 2025

Tepid exports recovery add to Vietnam, Thailand’s currency woes

Bloomberg | April 29, 2024 | International Trade

American Air dropping some global flights on Boeing 787 delays
Air Cargo
Bloomberg | Top Story | April 29, 2024

American Air dropping some global flights on Boeing 787 delays

American Airlines Group Inc. is cutting some international flights and reducing the frequency of others because beleaguered planemaker Boeing Co. won’t deliver as many widebody aircraft as planned this year.

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