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Media
THE International Air Transport Association (IATA) has revised its 2010 loss estimate for the airline industry, stating that carriers would now lose US$2.8 billion, rather than the $5.6 billion forecast previously, due in part to an estimated 12 per cent increase in 2010 cargo shipments, up from seven per cent earlier. IATA attributed the improved figures...
A PILOT run of a made-in-China mail tracking device using radio frequency identification (RFID) technology has passed acceptance inspection and is ready to be launched, Logistics Week reported. A joint China Post and Shanghai Research Institute project, this is the first time in China that RFID technology have been applied to mail tracking. The system was...
Siemens Mobility is to install a highly efficient traction power supply for the “Downtown Line”, Singapore’s new driverless metro line. The contract was awarded to Siemens by Land Transport Authority (LTA) of Singapore, the local authority in charge of planning the mass rapid transit network for Singapore’s Ministry of Transport . Si...
Global ship spares logistics specialist GAC Marine Logistics (GML) has opened a new office in Chennai, India to house its fast growing dedicated customer service team. Chris Steibelt, Managing Director of GML says that the function has outgrown its initial start up office within six months: “With a capacity for 13 staff, GML now has greater flexibili...
Wilhelmsen Ships Service in the Eastern Mediterranean has broken a milestone barrier for its Liferaft Exchange (LRE) programme. The 600th vessel has just changed over its liferafts in a scheme operated by Wilhelmsen Ships Service’s international network. The programme offers a popular dockside exchange service ensuring that in-date liferafts are alway...
AIR CHINA will launch its first non-stop flights between Beijing and Manila in May departing from Beijing Capital Airport at 0800 hrs on Mondays, Wednesdays and Saturdays and arriving at 0055 hrs the next day. Flights to Beijing from Manila will depart at 0630 hrs local time on Tuesdays, Thursdays and Sundays and arrive at Beijing at 1110 hrs. The service...
AIR CARGO demand rocketing in response to global economic recovery, says Lufthansa Cargo CEO Carsten Spohr. "We are experiencing a marked upswing especially in Asia," he said in a statement. "Ongoing market developments are giving rise to a degree of optimism for 2010. The crisis has bottomed out and demand is rising steeply." The Lufthansa group said i...
THE latest figures from Hong Kong Airport Authority showed that cargo volume surged 30 per cent year on year in February to 257,000 tonnes. Passenger volume increased 17 per cent to 3.9 million, while aircraft movements rose 4.9 per cent to 22,270 flights. This is the first time since July 2008 that the airport recorded growth in all three sectors. Im...
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
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