Logistics News

Sri Lanka's December air cargo beats monthly high of 2006Jan 25, 2010

SRI Lanka's main Colombo airport experienced record high cargo volumes in December of 16,070 tonnes, topping its March 2006 monthly all-time high of 16,033 tonnes. The 1,213 flights that arrived at Bandaranaike International Airport's main terminal came from 23 airlines of which flag carrier Sri Lankan Airlines accounted for 8,163 tonnes, Dubai-based Em...

Continental explains US$145 million year's 'special charges'Jan 25, 2010

CONTINENTAL Airlines expects to incur US$77 million in special costs for the fourth quarter of 2009 and $145 million for the whole of last year. Special items for the three months ending December 31 come from aircraft-related costs of $36 million, pension plan settlement charges of $29 million, while route impairment and other charges amount to $12 millio...

Continental loses US$282 million in 2009 on low yield Jan 25, 2010

CONTINENTAL Airlines's full-year net loss amounted to US$282 million - excluding $145 million of separately announced special charges, and a $158 million non-cash income tax benefit - the airline recorded a net loss of $295 million for the year. The carrier's fourth quarter net income of $4 million drawn on a revenue of $3.2 billion, a decline of eight ...

Asia Pacific airlines cargo down 11 per centJan 25, 2010

ASIA Pacific airlines experienced steep declines in passenger and cargo volumes with revenues down by 20 to 25 per cent for some of the Kuala Lumpur-based Association of Asia Pacific Airlines (AAPA). Cargo dropped 11 per cent year on year while it carried 132.9 million international passengers which revealed a 5.7 per cent decline. AAPA's director-gene...

Hong Kong's Singamas box makers warns of 'significant loss' for 200...Jan 25, 2010

HONG KONG's container manufacturer Singamas Container Holdings has warned of a "significant loss" in 2009 results compared to the US$4.5 million profit the company made in 2008. Rated the world's second biggest manufacturers of shipping containers after Shenzhen's China International Marine Containers (CIMC), Singamas said it had suffered severely in t...

Cagayan touted as another Philippine shipbuilding baseJan 22, 2010

Officials are grooming the Cagayan Freeport in the far south of the Philippines as the country's next large shipyard, with several shipbuilders having expressed interest in its expansion plan. The 54,000-hectare business hub in Port Irene, Sta. Ana is undergoing a large upgrade. Cagayan Economic Zone Authority (CEZA) Deputy Administrator Jose Aldeguer sai...

Four deaths in three weeks at DSME prompt investigation callsJan 22, 2010

Senior management at leading Korean yard Daewoo Shipbuilding and Marine Engineering has promised a safety crackdown following a spate of fatalities in the first few weeks of 2010. Within a period of just over 20 days, four workers at DSME died while on duty. Industry insiders have called for tightened safety measures and a special inspection into the facili...

Bahrain selects SITA data link systems to enhance air traffic safetyJan 22, 2010

Bahrain’s Civil Aviation Affairs (BCAA) has contracted SITA to deliver air/ground data link systems aimed at enhancing air traffic safety at Manama International Airport and in airspace under its control. The first SITA system to be delivered will enable text-based Departure Clearances to be issued by Air Traffic Control (ATC) to departing aircraft...

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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.

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Qingdao Saint Voyage Log

Qingdao Saint Voyage Logistics Inc. (SVL) is an Experienced International Shi

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