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Swiss watch exports hit record as US becomes top market
International Trade
Bloomberg | Top Story | January 27, 2022

Swiss watch exports hit record as US becomes top market

Swiss watch exports had a record year amid booming demand in the U.S., which overtook China to become the industry’s top market for the first time in more than a decade.
EasyJet swells capacity as U.K. travel rebound gathers pace

Bloomberg | January 27, 2022 | Air Cargo | Airlines

EU launches WTO case against China over Lithuania blockade

Bloomberg | January 27, 2022 | International Trade

UK, Gulf may sign post-Brexit trade deal this year, Bahrain says

Bloomberg | January 27, 2022 | International Trade

American Airlines renews for CHAMP’s Traxon cargoHUB service

AJOT | January 26, 2022 | Air Cargo | Airlines

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China misses trade deal targets, raising pressure on Biden

Bloomberg | January 26, 2022 | International Trade | Commodity

The landmark trade deal signed in 2020 between the world’s two largest economies failed to reduce the bilateral trade deficit, adding pressure on the Biden administration to deal with the unresolved economic problems with China.

South Jersey Port Corp. announces appointment of Perks to Director of Engineering

AJOT | January 26, 2022 | Maritime | Breakbulk News | Ports & Terminals

US limits Chinese flights in tit-for-tat airline dispute

Bloomberg | January 26, 2022 | Air Cargo | Airlines

‘Product of USA’ on foreign meat becomes Biden antitrust weapon
International Trade
Bloomberg | Top Story | January 26, 2022

‘Product of USA’ on foreign meat becomes Biden antitrust weapon

Hamburger or a steak marked “Product of the USA” may contain beef from cattle raised as far away as Australia, a loose labeling practice that has grabbed President Joe Biden’s attention as he and anti-trust regulators set their sights on giant meatpacking conglomerates.
Infrastructure bill will fund $2.2 billion in inland waterway projects
Ports & Terminals
Stas Margaronis | Top Story | January 26, 2022

AJOT Insights
Infrastructure bill will fund $2.2 billion in inland waterway projects

On January 19th, the U.S. Army Corps of Engineers released its “spend plans” outlining the specific inland waterways projects that were allocated funding from the Infrastructure Investment and Jobs Act (Infrastructure Package) totaling $2.22 billion.
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Around the world with 80 cranes

AJOT | January 26, 2022 | Ports & Terminals | Equipment and Tech | Project / Heavy Lift | Maritime Project

• Liebherr mobile harbour cranes looks back on a successful 2021 with more than 80 new machines sold and an unrivaled order intake volume • Liebherr remains the clear market leader in the field of mobile harbour cranes • Worldwide strong demand for electric main drives and the all-electric LPS 420 E

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Konecranes provides 17 automated rubber-tired gantry cranes in fully integrated solution for Port of Felixstowe

AJOT | January 26, 2022 | Ports & Terminals | Equipment and Tech

The Port of Felixstowe (Felixstowe), operated by Hutchison Ports, has ordered 17 Automated Rubber-Tired Gantry Cranes (ARTGs) from Konecranes. The order was booked in Q4 2021. The ARTGs will be delivered and commissioned in a project covering 3 phases starting in Q2 2023. Completion and go-live is scheduled for Q4 2025. The new ARTGs will be fully electric, powered by busbars, and delivered as carbon neutral.

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DHL Supply Chain and Finnair Technical Services to cooperate in warehousing services and spare part handling

AJOT | January 26, 2022 | Air Cargo | Airlines | Logistics

DHL Supply Chain (Finland) Oy has been chosen as Finnair Technical Services’ partner to manage warehousing services. The partnership will start between the spring and June 2022, the latest, when DHL Supply Chain will assume responsibility for the services from Finnair’s current logistics service provider. At the same time, some 40 employees currently working on the contract will be transferred to DHL Supply Chain.

AAL moves a US petroleum refinery along its Asia–Americas trade route
Energy
AJOT | Top Story | January 26, 2022

AAL moves a US petroleum refinery along its Asia–Americas trade route

Project heavy lift specialist AAL Shipping (AAL) has delivered 456-metric-tonne industrial tower components to the US West Coast. The cargo was loaded in South Korea onboard the 31,000-deadweight heavy lift AAL Pusan and transported across the Pacific to the Port of Everett in Washington on AAL’s enhanced ‘Asia – US Trade Route’.
FAA provisionally clears 90% of aircraft to fly near 5G networks

Bloomberg | January 26, 2022 | Air Cargo | Airports

WTO grants China a $645 million tariff weapon against US
International Trade
Bloomberg | Top Story | January 26, 2022

WTO grants China a $645 million tariff weapon against US

The World Trade Organization granted Beijing a new tariff weapon against the U.S. during a politically sensitive moment for the Biden administration -- almost a year into a tenuous truce in the trade war between the two largest economies.
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DNV selected to lead “pioneering” ammonia bunkering safety study in Singapore

AJOT | January 26, 2022 | Energy | Alternative | Maritime | Technology

DNV has been selected to lead an ammonia bunkering safety study by the Global Centre for Maritime Decarbonisation (GCMD) in Singapore.

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