Media
Media
SWISS forwarding giant Panalpina posted 14 per cent first quarter year-on-year gross profit increase to CHF373 million (US$424 million) drawn on a four per cent increase in revenue to CHF1.6 billion. Pre-tax operating profit per air cargo ton was up 24 per cent to CHF170 million while profit per TEU on ocean freight was up 12 per cent, producing gross pr...
All 25 crew of a hijacked Singapore-registered chemical tanker are believed to be safe, its ship management company said on Thursday after establishing contact for the first time with its captain. The captain of the 29,871 dwt Gemini, which was hijacked by pirates on 30 April, established satellite phone contact on Wednesday with Glory Ship Management. S...
Pacific International Lines (PIL) announced Wednesday the enhancement of its China Transpacific Service (CTP) connecting Long Beach to Australasia ports. The weekly service will deploy nine ships of about 1,500 teu nominal capacity each. US exporters can start loading shipments to Australia/New Zealand from Long Beach as early as 21 June. The enhanced servi...
Freight rates in the Asia-Europe trade lane fell in the four weeks ended 8 April for box liner NOL, leading to lower average revenue per feu. The Singapore-based line, however, recorded greater shipping volumes in the same period due to higher trading activities on the intra-Asia and Asia-Europe lanes. Its average revenue of $2,557 per feu from 12 March ...
Kuala Lumpur: MISC Berhad has sold a 20-year-old liquefied petroleum gas (LPG) carrier at a price of $2.95m to PT Pelayaran Usahagas Elpindo. MISC confirmed the sale of its 1991-built, 2,200 cubic metres carrier Pernas Butane on Thursday. “The sale is in line with MISC's asset management strategy to phase out old tonnages and maintain a modern fleet,...
ATLAS Air has received approval from the US Department of Defence to begin providing passenger charter service for US military personnel in May for the Air Mobility Command (AMC) using a Boeing 747-400 passenger aircraft acquired under an operating lease. The company had previously provided military cargo charter services, a statement said. "AMC passenger...
DHL says it is providing pro-bono domestic delivery of relief supplies to areas in Japan affected by the devastating March 11 earthquake and tsunami, in support of the Japanese government. The company said it has committed relief supplies to inventory at its warehouse at the Narita International Airport for one month, starting from April 20, where the ai...
CHONGQING airport has launched the CNY30 billion (US$4.6 billion) east terminal area project and is aiming to build the largest air logistics park in west China with the widest range of services, Xinhua reports. The air logistics facility is designed to have a throughput of four million tonnes and covers 400 hectares, offering warehousing, distribution, t...
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
qq.com