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LOS ANGELES World Airports reported year-on-year declines in passenger and cargo figures at its airports LAX, LA/Ontario International, Palmdale and Van Nuys for 2009 despite a last minute upturn. Cargo dropped 7.4 per cent at over 1.6 million tons, but December's strength showed a 25.3 per cent compared to same period in 2008 at 160,591 tons. Passenger ...
GLOBAL air cargo soared nearly 25 per cent in December, bringing an end to aviation's worst year in history, reported the International Air Transport Association (IATA). The worst is over said Geneva-based IATA, but the sector still faced a hard year making up for the lost demand and now faced mounting costs from unfunded mandates to meet new security re...
PT FPS Indonesia, a member of the international freight forwarding and logistics network of the Famous Pacific Shipping (FPS) group, has opened a branch in Tangerang, Banten to consolidate its growing business in the country. The new branch office will support cargo moved by PT FPS Indonesia through Tanjung Priok Port, Jakarta's primary harbour, a compan...
SINGAPORE's Neptune Orient Lines has announced its container shipping arm APL handled 312,500 FEU over the six-week period from November 14 to December 25, an increase of 43 per cent compared to the same period a year earlier. The bad news was that revenue per FEU fell 25 per cent year on year to US$2,189 per FEU during the reporting period. "The impro...
Mechel JSC has announced it opens its office in Beijing. The company hopes to avoid the obstacles that China sets on the way Russia's coal export and to build new routes for rail transportation of its export cargoes, primarily coking coal and ferroalloys, "Hooter". "In northern China near the border, there are many mining enterprises concentrate...
China signed an agreement with the Far Eastern Railway (FE branch of Russian Railways) on rail transportation of cement in big bags to the local market of Primorsky Territory, Dejta RIA reported citing Alexander Artamonov, press-secretary of FER’s Vladivostok Branch. Cement cargo will be shipped, Mr. Artamonov said, in 20-foot containers from Mudanj...
Leading Indian shipyard ABG (pictured) has awarded Norwegian company Allweiler with a contract worth about $2m for complete shipsets to a series of 35, 000 dwt bulk carriers built for Germany’s Hamburg-based H. Vogemann Group. Allweiler is a specialist provider of a comprehensive range of screw, centrifugal and progressing cavity pumps to the merchant...
Keppel FELS has secured a contract from Saudi Aramco subsidiary, Aramco Overseas Company, to build a customised KFELS Super B Class jackup rig. Upon rig delivery, which is slated in the second half of 2012, the unit will be deployed by Saudi Aramco in the Middle East. Wong Kok Seng, executive director of Keppel FELS, said, “We are pleased to u...
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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