Logistics News

VR Group records satisfactory net profitOct 28, 2010

VR Group’s (Finland) net turnover and operating profit continued their growth in the third quarter. VR Group’s operating profit amounted to M€ 34.1 (30.0) in the third quarter and M€ 24.9 (15.1) in the first nine months of the year. VR Group’s net result for the third quarter was M€ 23.4 (24.0) and from the beginning of th...

Shell to sell downstream businesses in Finland and SwedenOct 28, 2010

Shell has agreed to sell the majority of its refining and marketing businesses in Finland and Sweden to Keele Oy. Keele Oy is the major shareholder of St1 Holding Oy, whose businesses include fuel retail networks in Finland, Sweden, Norway and Poland. The terms of the transaction, which are subject to regulatory approvals, include Shell’s retail b...

Another important strategic acquisition in the rail vehicle systems se...Oct 28, 2010

Knorr-Bremse subsidiary Microelettrica Scientifica S.p.A. of Italy acquired Heine Resistors GmbH based in Dresden, Germany, a manufacturer of special-purpose resistors. For the Italian member of the Knorr-Bremse Group this was the third substantial acquisition in the last two years, following the takeovers of EMC Traction S.r.l. and Officine De Zan S.r.l. i...

Boeing delivers first 737 Boeing Sky InteriorOct 28, 2010

Boeing and Dubai-based flydubai today celebrated delivery of the first Next-Generation 737 with the new, passenger-inspired Boeing Sky Interior.   "The superior passenger experience of this exciting new interior is the result of many years' work by Boeing employees and suppliers," said Beverly Wyse, 737 vice president and general manager. "Our airl...

New law to change status of fuel storage facilitiesOct 27, 2010

New regulation is to be introduced by the Polish government with an aim to adjust the Polish law to international norms. In line with the new regulation, fuel storage facilities of petrol station operators are to be certified and given a new status which will require investments worth over PLN 300mn (EUR 75.62mn USD 105.56mn). Experts claim that the new law...

Shaikh Daij bin Salman bin Daij Al Khalifa wins "Personality of the Y...Oct 27, 2010

His Excellency Shaikh Daij bin Salman bin Daij Al Khalifa, Chairman of Bahrain’s General Organisation of Sea Ports  and Arab Shipbuilding and Repair Yard Company (ASRY) was presented with the Seatrade “Personality of the Year’ award for his  modern approach to the development of a sustainable maritime infrastructure reflecting Ba...

Near 100% rise in passenger self-service check-in at JohannesburgOct 27, 2010

The SITA/Air Transport World Passenger Self- Service survey of the world’s leading airports reveals an almost 100% rise in self-service check-in among travellers passing through OR Tambo Airport, Johannesburg. A 75% growth in demand for off-airport bag drop-off was also recorded. The survey shows that self-service check-in grew to 17% of survey resp...

Boeing launches inFlight optimization servicesOct 27, 2010

Boeing is introducing new subscription-based services to help airlines save fuel and increase environmental efficiency. InFlight Optimization Services are designed to be implemented within current air traffic and airline operating procedures using existing communication channels. No regulatory changes and little to no new equipment are needed. The services,...

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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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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