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Singapore: Keppel Offshore and Marine, Ezra Holdings, EOC Ltd and PetroVietnam Transportation have formed a joint venture to own and operate a floating production and storage offshore vessel in Vietnam. The joint venture, PV Keez, will supply an FPSO for the $1bn contract for Premier Oil’s Chim Sao project. Ezra will be selling a 168,000 dwt suezmax t...
In just 12 years, Boeing employees in Renton, Wash., built and delivered 3,133 Next-Generation 737 airplanes. It took 32 years to produce that same number of earlier-model 737s. Relentless employee and supplier focus on efficiency has resulted in 121 customer airlines receiving their airplanes more quickly. On Dec. 23, GOL Airlines flew the record-making ...
Sicore is the new-generation ANPR (Automatic Number Plate Recognition) camera system designed by Siemens Mobility to read number plates automatically, thus ensuring positive identification of motor vehicles. Sicore caters to a wide range of application in the areas of parking space monitoring and security, vehicle speed and journey time measurement, as well...
German intermodal transport operator Kombiverkehr transported 855,000 units in 2009, Logistics Finland reports. This is a decline of 16% compared to 2008, but a 20% drop had been anticipated. This situation improved in autumn. Markets like the Netherlands and Turkey remained good. It is deemed possible that the volume will go up slightly in 2010. ...
UNITED Parcel Service (UPS) has nearly tripled its fourth quarter net income which soared to US$757 million, compared with net income of $254 million for the same quarter last year. The company attributed the improvement "in large measure to strong performance by its international segment. That segment saw volume growth, a substantial gain in operating pr...
ASIA Airfreight Terminal has announced that Tiger Airways has become its latest customer, after the carrier appointed AAT as its cargo handler at Hong Kong International Airport. This development comes as low-cost carrier Tiger Airways began operating flights between Singapore and Hong Kong from February 1 with two flights a day. As ground time was cruc...
THE Singapore Airlines (SIA) Group has returned to profit in the third quarter ending December 31 with an unaudited net profit attributable to shareholders of S$404 million (US$286.1 million). This was a turnaround from losses of S$307 million in the first quarter and S$159 million in the second quarter of its current 2009-10 financial year. Third quart...
THE TNT Group has reached an agreement with Dutch postal unions, whereby TNT Post staff will get a 0.7 per cent pay increase in return for accepting layoffs, reports the UK's Transport Intelligence. The deal, known as the 'Collective Labour Agreement,' comes amid moves by TNT Post to cut staff numbers as the company has been suffering from declining vo...
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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