London: Speaking at a special dinner on Friday to celebrate Lloyd Register’s 250th anniversary, IMO secretary Efthimios Mitropoulus paid tribute to the UK Group’s 'truly remarkable' tradition of “vibrant, dynamic, pioneering and relevant” technical research work. Lloyd's Register chairman David Moorhouse said it was the Group&rs...
KOREAN Air Lines has now become the 12th airline to face allegations of price-fixing from the Australian Competition and Consumer Commission (ACCC) between 2001 and 2006, which has already led to A$41 million (US$37.2 million) in fines. According to the Australian regulator the hearing of charges against Korean Air Lines is set for April 1 with up to 30 a...
A FRANKFURT conference on international aviation security has focused on problems arising from differing standards imposed by the European Union and the United States. Lufthansa Cargo security chief Harald Zielinski said there was an urgent need to harmonise security rules in the airfreight industry: "There is no reason why the USA should not accept the...
CHINA achieved robust increase in both of its air cargo and passenger volume in January over the same month in the preceding year with cargo traffic even soaring by a strong 68.2 per cent, Xinhua reported. China recorded an airfreight volume of 450,726 tonnes in January with domestic volume increasing 52.4 per cent and international cargo soaring 120.8 pe...
AUSTRALIA's provincial Victorian Transport Association (VTA) has welcomed agreement of Shipping Australia Limited (SAL) to join talks on Wednesday on what to do with fast accumulating empty containers in Melbourne. In January the VTA highlighted the unacceptable levels of truck queuing delays at empty container parks leading to increased land transport c...
Bollore Africa Logistics, a unit of French diversified holding company Bollore, has booked a revenue growth of seven percent in 2009 to US$2.5 billion, Les Echos reported. The logistics operator also managed to gain a market share in Africa last year as the economic crisis forced some of its rivals to suspend investment plan. Bollore Africa Logistics re...
CONTINENTAL Airlines reported a February consolidated (mainline plus regional) load factor of 77.7 per cent, up 5.2 points year on year with a mainline load factor of 78.1 per cent, up 5.2. Both February load factors were records for the month. The carrier reported a domestic mainline February load factor of 80.6 per cent, 2.9 points above the February ye...
CHANGI Airport Group (CAG), through its wholly-owned subsidiary Changi Airports International (CAI), has acquired a five per cent stake in Gemina SpA, the holding company of Aeroporti di Roma (AdR), the largest investment for the group's expansion overseas to date. The S$100 million (US$71.20 million) acquisition makes CAI one of the key shareholders of ...
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