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Damen Naval signs contract with Lloyd’s Register for new frigate for Colombia

AJOT | December 10, 2024 | Project / Heavy Lift | Maritime Project

Damen Naval is signing a contract with the classification society, Lloyd’s Register, on the Plataforma Estratégica de superficie (PES) frigate for Colombia. Colombian shipbuilder COTECMAR (Corporación de Ciencia y Tecnología para el Desarrollo de la Industria Naval, Marítima y Fluvial) will build the frigate on its shipyard in Colombia.

DB Schenker deploys 40 new Volvo FM Electric into its German fleet

AJOT | December 10, 2024 | Energy | Alternative

With expanding their fleet in Germany by 40 Volvo FM Electric trucks, DB Schenker, one of the world's leading logistics service providers, is taking the next important step towards a sustainable future in logistics.

Norwegian ferry operator Norled wins coveted award for innovations driving industry decarbonization

AJOT | December 10, 2024 | Green Shipping

Stavanger-headquartered Norled has been honored as The Maritime CleanTech Partner of the Year 2024, highlighting the company's pioneering role in setting new standards for innovations in the Norwegian maritime industry and sustainable maritime passenger transport worldwide.

Eastern Pacific Shipping extends eSAIL® installation with bound4blue on newbuild

AJOT | December 10, 2024 | Green Shipping

Eastern Pacific Shipping (EPS) has strengthened its collaboration with bound4blue by contracting three 22-meter high eSAIL® suction sails. The fully autonomous Wind Assisted Propulsion System (WAPS) will be installed on a newbuild MR Tanker from New Times Shipbuilding in Jiangsu Province, China in late 2025.

Star Alliance Chief Executive Board elects Rousseau as new chairperson

Assuming the role as the Chairperson, Michael Rousseau said: "I am looking forward to working with the board over the next two years to continue our progressive work in delivering a seamless customer experience. At Star Alliance, we are committed to the vision of an effortlessly connected world, and I invite every member of our Alliance to join me in making this vision a reality in 2025 and beyond."

ConMet extends TruckWings device limited warranty to 5 years/500,000 miles

AJOT | December 10, 2024 | Trucking

TruckWings is an active aerodynamic device that automatically deploys and retracts to reduce drag on Class 8 trucks. It has accumulated over one billion miles of combined real-world operation. This extended warranty, announced one year after ConMet acquired TruckWings, reinforces the company's confidence in the technology's performance, reliability, and the advanced engineering that goes into every component.

Aviation subcommittee: Hearing on implementation of the FAA Reauthorization Act of 2024

AJOT | December 10, 2024 | Air Cargo | General

MCS Announcement: GRI UPDATE - EMED (Excluding Israel, Sokhna), and black Sea excluding EEA countries to USA & Puerto Rico

AJOT | December 10, 2024 | Maritime

Please be advised that Mediterranean Shipping Company has further postponed the implementation of the General Rate Increase (GRI) to January 15 TH, 2025, the last container gate-in date.

Port of Brownsville: Growing to New Depths

AJOT | December 10, 2024 | Ports & Terminals | Ports

Signaling a major turning point in the Port of Brownsville’s 88-year history, the Brownsville Navigation District (BND) and the U.S. Army Corps of Engineers (USACE) today, held a groundbreaking ceremony for Phase 2 of the Brazos Island Harbor (BIH) Channel Improvement Project.

Energy

AJOT | Top Story | December 10, 2024

Wallenius Marine tests groundbreaking ship design for the world’s first wind-powered PCTC vessel

As a leader in ship design and innovation, Wallenius Marine is gathered with experts from RISE, KTH, and Oceanbird in Gothenburg for a series of crucial tests to validate the latest design for wind-powered PCTC vessels, a groundbreaking innovation in maritime transport. These tests will not only confirm the design but also contribute to the development of new data simulation models for wind-powered ships.

Energy

Stas Margaronis | Top Story | December 09, 2024

Port of Oakland’s Wan says infrastructure building blocks will speed growth

Wan thanked Port of Oakland maritime stakeholders, including truckers, shippers, terminal operators, and longshore workers represented by the International Longshore and Warehouse Union (ILWU): “We have a partnership with you, and we are making great strides …

2024 - A ‘peak season to be proud of’ as air cargo industry continues strong demand growth

AJOT | December 09, 2024 | Air Cargo | Freighters

Global air cargo demand showed no signs of slowing down in November as volumes recorded a 13th consecutive month of double-digit growth and load factors hit their highest level since April 2022, according to the latest market analysis by Xeneta.

WorldACD Weekly Air Cargo Trends (week 48) - 2024

AJOT | December 09, 2024 | Air Cargo | General | By The Numbers

Rates rise to a 2024 high in November, despite dip in tonnages...

Thordon’s water-lubricated shaft bearings selected for bulk carrier refit

AJOT | December 09, 2024 | Maritime | Bulk

Thordon Bearings has delivered COMPAC water-lubricated propeller shaft and SXL rudder bearings to replace oil and grease-lubricated bearings onboard McKeil Marine’s bulk carrier Northern Venture as part of a major refurbishment project.

Kinder Morgan announces 2025 financial expectations

AJOT | December 09, 2024 | Energy

S&P Global: U.S. public finance saw uneven credit trends amid rising uncertainty in 2024, Report Says

AJOT | December 09, 2024 | International Trade

Cargolux goes live on cargo.one, CargoAi and WebCargo by Freightos to enhance digital offer

AJOT | December 09, 2024 | Air Cargo | Technology

Cargolux, the Global Cargo Carrier of Choice, has joined the cargo.one, CargoAi and WebCargo by Freightos marketplaces to enhance its digital quote and booking offering.

U.S. Airlines’ October 2024 fuel cost per gallon down 1.7% from September 2024

AJOT | December 09, 2024 | Air Cargo | Airlines | Energy

Aviation fuel consumption up 2.3% from pre-pandemic October 2019

International Trade

AJOT | Top Story | December 09, 2024

Import cargo rising as higher tariffs and potential port strike approach

With a strike possible again next month at East Coast and Gulf Coast container ports and President-elect Donald Trump planning to increase tariffs, the nation’s major container ports are expected to see a continued surge in imports through next spring, according to the Global Port Tracker report released today by the National Retail Federation and Hackett Associates.

Combilift Scoops ‘Company of the Year’ at the 2024 Business & Finance Awards

AJOT | December 09, 2024 | Logistics

The Company of the Year award, presented to Combilift’s CEO Martin McVicar by Seamus Hand of KPMG at the 50th Business & Finance Awards ceremony held in Dublin, is a testament to the company’s significant impact on both the Irish economy and the global market. Combilift, with annual revenue exceeding €500 million, has continued to thrive with its export-focused business model, with 98% of its operations serving international markets.

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