CHINA plans to spend more than CNY18 billion (US$27.7 billion) on deepening the Yangtze River ship channel some 400 miles (650 kilometres) upstream to Nanjing to a depth of 12.5 metres (41 feet), Xinhua reports. The section to be dredged extends from Nanjing to Taicang, covering a distance of 311.6 kilometres (194 miles). The first phase project will sta...
TRANSPACIFIC rates have dropped on over-capacity concerns after a series of gains, according to the Shanghai Containerised Freight Index (SCFI). Rates for an FEU from Shanghai to the US west coast fell US$22 to $1,819 for the week ending May 20, reported London's Containerisation International. While an FEU from Shanghai to the US east coast declined $29...
Korea’s STX Offshore & Shipbuilding said in a regulatory filing yesterday that a domestic client, thought to be troubled KLC, has cancelled a VLCC due for delivery this month. The company said that the owner of the KRW 147bn ($134m) tanker was seeking court protection and the ship was contracted in April 2008. KLC sought bankruptcy protectio...
SAFE Passage International has established an air cargo screening training and compliance programme designed for companies screening elevated risk cargo (ERC) bound for the United States. The programme uses computer based, instructor led, and hands-on training, and provides all of the course material, job aids, and instructor kits needed for clients to d...
WORLDWIDE Flight Services (WFS) has announced a contract with Leisure Cargo, global cargo management provider of 19 airlines, for cargo handling of its airlines in the UK and Ireland for a three-year period effective immediately. Leisure Cargo global director Christian Weidener said in a statement that Leisure Cargo has many agreements with WFS on a worl...
SRILANKAN AIRLINES has introduced electronic cargo booking and scanning facilities at international airport at Katunayake north of Colombo, reports Lanka Business Online. SriLankan Cargo is modernising its cargo centre at the international airport north of Colombo to improve efficiency and strengthen Colombo as an air cargo hub, a statement said. Among...
CATHAY PACIFIC's new CEO John Slosar says he will concentrate more on the passenger side because the joint venture with Air China now in place has put the freight business on a strong footing. "I've got four big priorities," he told Hong Kong's South China Morning Post. "First, building the Cathay brand. Second, help the Hong Kong hub grow and be succ...
ETHIOPIAN AIRLINES' new service from Addis Ababa to Hangzhou's Xiaoshan International Airport recently completed its maiden flight, marking the launch of the first scheduled African air service from the Yangtze River Delta and the third in China after Beijing and Guangzhou, Xinhua reports. The service offers five flights a week on Mondays, Tuesdays, de...
Port of Tallinn is the biggest port authority in Estonia and as far as both cargo and passenger traffic are taken into account, the biggest port on the shores of the Baltic Sea.
Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi